China emerged as the main export market for Namibia in August 2021, absorbing 29.6% of all goods exported, reclaiming its position from South Africa which emerged top in the July trade statistics, …
Monthly Archives For October 2021
NongHyup Bank seeks to branch out to Australia, China in 2022
Park NongHyup Bank plans to open six more overseas branches in 2022, in line with parent NongHyup Financial Group’s strategic plan to bolster global businesses in the c …
A Surprise Default in China Worsens Evergrande Contagion Fears
The Chinese property industry has suffered its first default on a dollar bond since the China Evergrande Group crisis worsened in recent weeks, fueling concern about other highly leveraged borrowers …
Bitcoin climbs as US says it won’t ban cryptos like China
The surge follows the Securities and Exchange Commission chair Gary Gensler saying that the US won’t follow China’s lead in banning digital tokens. “Our approach is really quite different,” Bloomberg …
China’s Coal Habit Will Be Hard to Kick
China has promised to stop funding coal plants abroad. But don’t expect Chian to walk away from its massive investments at home, writes.
China In Eurasia Briefing: Beijing’s Attention Turns To Security In Central Asia And Afghanistan
From the Taliban relocating Uyghur militants to Kazakhstan’s hidden debts owed to Beijing, read the latest China In Eurasia briefing.
Gary Gensler says the SEC won’t bring in a China-style crypto ban, but Congress could
Many of these tokens do meet the tests of being an investment contract or a note or some other form of security,’ Gensler said Tuesday.
Why Wall Street Cheers China, Despite Growing Business Unease
Beijing is opening its financial system to foreign banks — and they have maintained their traditional openness to the Communist Party’s rule.
‘A war scare’? US-China tensions flare over Taiwan as some fear cold war – or worse
If the brewing “cold war” between Washington and Beijing turns hot, Taiwan will be the spark, experts fear. They say Biden must tread carefully.
Taiwan’s defense minister says China could be ready to mount a ‘full-scale’ invasion of island by 2025
China could be capable of mounting a “full-scale” invasion of Taiwan by 2025, the island’s defense minister said Wednesday — days after record numbers of Chinese warplanes flew into Taiwan’s air …
Why China is flying an unprecedented number of warplanes near Taiwan
The last thing Washington should do is overreact and assume China is on the brink of ordering a full-scale military campaign.
China’s military activity near Taiwan increases risks of an accident, says analyst
The probability of an armed conflict in the Taiwan Strait remains “very low” but incursions increase risks of military accidents, said Neil Thomas of Eurasia.
METALS-Copper falls as China property woes trigger demand fears
Copper prices in London slipped on Wednesday as demand worries grew over the possibility of more debt defaults by Chinese property developers. Cash-strapped China Evergrande Group 3333.HK has soured …