Stocks show a promising start as risk appetite rebuild. China’s central bank vows to ensure a healthy property market, a sign authorities are ready to contain any fallout from Evergrande’s debt crisis …
Monthly Archives For September 2021
PBOC Vows to Ensure ‘Healthy’ Property Market: Evergrande Update
Chinese authorities are striving to signal to traders that whatever happens to China Evergrande Group, its debt crisis won’t spiral out of control or derail the economy. Most Read from BloombergHow …
China’s Evergrande Debt Crisis Weighs on Global Markets, Domestic Property Market
The situation concerning the heavily indebted Chinese real estate giant Evergrande has weighed on markets around the world this week. The company missed Thursday’s interest payment of $83.5 million …
Goldman cuts China GDP growth forecast on energy supply crunch
Goldman Sachs has cut China’s economic growth forecast for 2021 to 7.8per cent, from 8.2per cent, as energy shortages and deep industrial output cuts add “significant downside pressures”, it said in a …
New Beijing bourse aims to boost SME growth amid US-China tensions, poor bank lending
A group of 66 innovative small companies is expected to be listed on the new bourse.. Read more at straitstimes.com.
China’s Xi Jinping A Danger To American Business
China’s political changes are big and will have major consequences for American companies. Those who are caught flat-footed by these changes will face grave consequences.
Xi Jinping Grasps for Power, Even If It Means Hurting Business
Companies like Alibaba and Tencent are successful economic assets. So why are they being squeezed by Xi Jinping’s Communist Party?
China’s growing power crunch threatens more global supply chain chaos
By Jill Disis, CNN Business A growing power supply crunch in China is triggering blackouts for households and forcing factories to cut production, threatening to slow the country’s vast economy and …
Guangdong, Shenzhen to Issue Offshore Yuan Bonds in HK, Macau
The local governments of Guangdong province and the city of Shenzhen will become the first ones in the Chinese mainland to issue offshore yuan-denominated bonds in Hong Kong and Macau next month.
China Tells NATO to Stay Out of Asia
At a meeting on Monday between NATO head Jens Stoltenberg and China’s Foreign Minister Wang Yi, both officials stressed that neither was considered a rival.
Under Olaf Scholz, Germany May Have to Choose Between the U.S. and China
A Germany under Olaf Scholz, the man most likely to succeed Angela Merkel as the country’s chancellor, might have to choose between supporting China or the United States as tension rise between the …
China’s power shortages threaten more supply chain chaos and may hit GDP
A growing power supply crunch in China is triggering blackouts for households and forcing factories to cut production, threatening to slow the country’s vast economy and place even more strain on …
Is China exporting its surveillance state to Venezuela?
One of the largest Chinese defense companies has been pointed out for providing the Venezuelan government software to block access to the Internet and to spy on its detractors.
ADVERTISEMENT
