China blamed actions by Taiwan’s independence-leaning democratically elected government and its relations with “external forces” for heightening tensions.
Monthly Archives For October 2021
China’s Credit Growth Slows Amid Property, Evergrande Troubles
China’s credit growth slowed in September, as weakness in the property market amid the Evergrande crisis weighed on financing and lending activities, despite the central bank’s call to stabilize …
China’s Guangdong housing regulator warns consumers for property purchases
The local housing regulator in China’s southern Guangdong province warned consumers over property purchases on Wednesday as China Evergrande Group missed its third round of bond payments in as many …
Why property is going to be the ‘biggest headwind’ to China’s economy in 2022: Macquarie
Larry Hu, head of China economics at Macquarie, discusses the most important risks he sees to China’s economy and why an indicator that investors are watching very closely in China is credit growth, …
China Sept new bank loans rise to 1.66 trln yuan, below forecast
Chinese banks extended 1.66 trillion yuan ($257.66 billion) in new yuan loans in September, up from August but falling short of analyst expectations. Analysts polled by Reuters had predicted new …
China’s Growth Seen Slowing to 5.5% in 2022, Modest Policy Easing Expected: Reuters Poll
China’s economic growth is likely to slow to 5.5% in 2022 from an expected expansion of 8.2% this year, a Reuters poll showed, but the central bank could remain cautious about monetary easing due to…
What does China’s power policy shift mean for metal makers, other energy hogs?
Beijing’s liberalization of China’s power markets that allows generators to charge market prices to commercial and industrial customers has significant repercussions for energy-intensive sectors, …
U.S. officially the top destination for bitcoin miners, beating out China for the first time
The U.S. is now the top destination for bitcoin miners, eclipsing China for the first time ever. One-third of bitcoin’s hashrate is in the U.S., according to the Cambridge Centre for Alternative …
China Import/export Growth Better Than Forecast
China’s foreign trade performance remained strong in the first nine months of the year, but growth rates were slowing down quarter on quarter, authorities announced on Wednesday.
Another American Brand Exits China
Everlane is shutting down its Tmall flagship store after just two years, joining a growing list of brand casualties in China. Where did it go wrong?
China will test thousands of blood samples taken in Wuhan before first Covid case in virus probe
It is hoped the samples will reveal the first antibodies made by humans against the virus and could even reveal who was first infected and where.
China exports up 28% in September; surplus with U.S. at $42B
China’s import and export growth slowed in September amid shipping bottlenecks and other disruptions combined with coronavirus outbreaks, according to customs data reported Wednesday.
Shenzhen and Guangdong lead the way in dim sum bonds
The People’s Government of the Shenzhen Municipality raised Rmb5bn ($775m) from two, three and five year offshore renminbi (CNH) bonds on Monday, followed by the Guangdong provincial government’s Rmb2 …
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