Growth across a range of Chinese economic indicators pulled back sharply in August, as a new outbreak of the COVID-19 delta variant and tighter government regulations on the property market hit …
Monthly Archives For September 2021
China says it has vaccinated 1 billion people against COVID-19
The announcement came as China battles a new outbreak of the delta variant in the southeastern province of Fujian, where 200 cases have been confirmed in the past six days.
Pelosi says addressing climate change with China is ‘overriding issue’ despite human rights abuses
House Speaker Nancy Pelosi argued Thursday that opening a dialogue with China on climate change must take priority as the “overriding issue,” despite a slurry of threats posed by the communist nation.
China’s Property Problems Go Beyond Evergrande. Real Estate Stocks Take a Beating.
Real estate construction and investment are both a driver and an outlet for China’s burgeoning wealth. Signs of overheating are real enough.
IMF chief denies altering World Bank report to appease China
IMF chief Kristalina Georgieva on Thursday disputed an independent investigation which found that in her previous job at the World Bank, she pressed staff to alter a report to avoid angering China.
China faces a potential Lehman moment. Wall Street is unfazed
Wall Street is keeping close tabs on the Evergrande situation, which highlights the extraordinary amount of borrowing Chinese companies and families have taken on over the years.
China’s Nightmare Evergrande Scenario Is an Uncontrolled Crash
Protests intensify at China Evergrande Group offices across the country as the developer falls further behind on promises to more than 70,000 investors. Construction of unfinished properties with …
Analysis: Investors brace for a great fall in China
International investors that have been piling into China in recent years are now bracing for one of its great falls as the troubles of over-indebted property giant China Evergrande come to a head.
China cracking down on crypto mines disguised as research, data centers: report
Authorities in several provinces have conducted more intense inspections of colleges, research labs, data centers and other potential sites that could be hiding crypto mines.
China Escalates Effort To Capture And Punish Outlaw Cryptocurrency Miners
As winter looms, authorities in China are hoping to put the freeze on cryptocurrency mining by individuals who are operating in defiance of the crypto ban.
Why China’s auto industry won’t see serious consolidation anytime soon
Mazda Motor Corp. will merge its two joint ventures into one while Stellantis has decided to close one of the two local plants for the Jeep brand. And next year, international players will be allowed…
Probe Found ‘Undue Pressure’ From World Bank Leaders to Boost China Business Rankings
An investigation conducted by law firm Wilmerhale concluded that leaders of the World Bank applied “undue pressure” to secure changes aimed at improving China’s ranking in the bank’s “Doing Business …
China Fires Back at New Western Military Alliance With Violent Rhetoric: ‘No Mercy’ for Further Provocations
U.S. security pact, to include granting nuclear propulsion technology for Australian submarines, prompted severe warnings from Beijing.
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