China punishes H&M and Nike for criticizing forced labor in Xinjiang. ( read original story …)
Monthly Archives For March 2021
China Property Watch – March 2021: Policy Intervention into Secondary Housing Market to Crack Down on Speculation
Secondary Market Dominates Housing Sales in Tier 1 Cities China’s four Tier-1 cities reported solid secondary-housing sales volume growth of 20%-30% yoy in 2020, compared with an average of 16% in new … ( read…
China set to lead recovery of East Asian and Pacific economies: World Bank
China is expected to lead the recovery of East Asian and Pacific economies this year, but many nations will record sub-par growth as they struggle to emerge from the coronavirus pandemic, according to … (…
New signs show that China is cracking down on debt again
A first-quarter survey by the China Beige Book found that borrowing by state-owned enterprises dropped to the lowest in the study’s roughly 10-year history. ( read original story …)
Trade deficit with China grows as imports soar
The value of Chinese imports in the first months of 2021 alone reached $15.42 billion, twice as much as the value of Vietnamese exports to the market.Import turnover from China in the first two months…
France should boost wheat quality to lift China exports
PARIS: France’s grain sector needs to offer higher-quality wheat to meet Chinese industry needs and strengthen phytosanitary checks if it wants to further expand sales to China, a senior manager at … ( read original…
Global brands address forced labor in China, but risk alienating Chinese consumers
Some of the world’s biggest brands — Nike, Adidas, H&M — find themselves in the hot seat in China today. Their sin: promoting human rights. [trending] After statement from Adidas alleging forced labor … (…
China sanctions UK businesses, MPs and lawyers in Xinjiang row
Former Conservative party leader Iain Duncan Smith and the party’s Human Rights Commission among those hit by retaliation … ( read original story …)
China reports 11 new COVID-19 cases, same as a day earlier
SHANGHAI, March 26 (Reuters) – China reported 11 new COVID-19 cases on March 25, in line with the previous day, the country’s national health authority said on Friday. The National Health Commission, … ( read…
Shenzhen airport passenger flow returns to pre-pandemic peak levels
The daily passenger flow in the Shenzhen Baoan International Airport reached peak levels from before the COVID-19 pandemic airpo … ( read original story …)
Rating Cut Ignites Fresh Concern Over Chinese Real Estate Firms
The downgrade of a major property firm has deepened investor concern about China’s debt-laden real estate sector, as defaults among onshore corporate borrowers surge to a record high. ( read original story …)
Beijing encourages backlash against Nike and other brands over Uighurs
Beijing is encouraging a backlash against western brands that are boycotting cotton produced in China’s majority Muslim region of Xinjiang over concerns that it is being harvested by forced labour. ( read original story …)
Crypto Won’t Replace Cash Due To Volatility: BIS Boss
Agustin Carstens has given his opinion on the role cryptocurrencies play in the economy. According to Carstens, […] … ( read original story …)
