China’s rapidly growing pile of debt has long been regarded as one of the biggest risks to the global economy. However, despite loud predictions from the likes of hedge fund manager Jim Chanos and investor…
Monthly Archives For April 2018
How China’s economy grows even as credit tightens
Why is it important to reduce debt? Although China’s economy can seem like a juggernaut, it’s a leading candidate for a banking crisis, reckons the Bank for International Settlements. Few things would threaten economic and,…
China’s property boom spreads to poorer rural areas as fears grow of a debt time bomb
When Li Jing returned to her rural hometown in southeast China for the Lunar New Year in February she was shocked to find the house prices had shot by around 30 per cent compared with…
U.S., China rivalry poses risks, benefits for Latin America
The March 24 ceremony celebrated the Washington-based Inter-American Development Bank’s (IDB) choice to hold its next annual meeting in Chengdu, China, a decision criticized by the United States, whose regional influence has been increasingly challenged…
Time-honored brands trying new ideas
China’s time-honored brands, known as laozihao, are adopting fresh operation modes to catch the eyes of the country’s increasingly sophisticated consumers. Recently, traditional Chinese herbal tea producer Guangzhou Wanglaoji Pharmaceutical Co Ltd launched … (…
China’s drive to restore its lost greatness
Since the Asian Infrastructure Investment Bank tweeted last week that Canada is now officially a full member, it hasn’t exactly made headlines. This is ostensibly a prelude for trade talks with China in an increasingly…
Trump wants $100B in more tariffs on China amid trade row
The move comes a day after China issued a $50 billion list of U.S. goods including soybeans and small aircraft for possible tariff hikes in an escalating and potentially damaging dispute. The White House said…
Winners and losers of the looming trade war between China and the U.S.
After all, it’s not as if the U.S. is suddenly going to need less steel, or China lose its voracious appetite for soybeans — which could benefit people like Dresden, Ont.-based soybean farmer Philip Shaw.…
China signals tough trade stance as U.S. officials push negotiations
noting that China’s market potential was incomparable to that of other economies. Late on Wednesday, the official Xinhua news agency said the U.S. tariffs proposal would cost the United States “dearly.” “China will not be…
China says it never backs down in the face of threats after trade salvos with U.S.
China hit back within hours with its own threatened tariffs on U.S. imports including soybeans, planes, cars, whiskey and chemicals. The official Xinhua news agency said late on Wednesday that the U.S. tariffs proposal would…
China will win any trade war with U.S.: state media
China hit back within hours with its own threatened tariffs on U.S. imports including soybeans, planes, cars, whiskey and chemicals. The official Xinhua news agency said late on Wednesday that the U.S. tariffs proposal would…
World stocks steady again after jolt from China-U.S. trade fight
READ MORE: U.S. escalates aggressive actions on China trade with tariffs on $50 billion in Chinese imports However Adams said that there was good news for food producers, as the Chinese government proposed duties on…
China Military Tells Russia ‘We’ve Come to Support You’ Against U.S.
according to the state-run Tass Russian News Agency. “Second, to support the Russian side in organizing the Moscow International Security Conference the Chinese side has come to show Americans the close ties between the armed…
