CNY has had a good week, likely benefitting from the narrative that the PBOC will welcome a stronger currency to shield China from soaring energy …
Monthly Archives For October 2021
Watsons China voted ‘most loved local brand’
Watsons China, part of the A.S. Watson Group, has been voted the Most Loved Local Brand in a poll by YiMagazine.
China accuses ex-security official of poor integrity, greed
China’s ruling Communist Party has expelled a former vice minister of public security amid a raft of accusations from corruption to abandoning his post amid the COVID-19 outbreak. Sun Lijun was fired …
Coronavirus: China wants permanent quarantine centres built for inbound travellers
Guangzhou is already making the shift away from using hotels with a new facility due to open with more than 5,000 rooms.
Africa internet riches plundered, contested by China broker
Outsiders have long profited from Africa’s riches of gold, diamonds, and even people. Digital resources have proven no different. Millions of internet addresses assigned to Africa have been waylaid, …
The Evergrande crisis: 4 questions that explain why China’s property market, which is twice as big as America’s and where 20% of homes are empty, matters
“Over past decades, the price of Chinese real estate has gone up. This has generated a popular belief that real estate is always safe to invest in.” …
China accuses ex-police official of poor integrity, greed
China’s ruling Communist Party has expelled a former vice minister of public security amid a raft of accusations from corruption to abandoning his post amid the COVID-19 outbreak …
Evoking Mao, China likens Taiwan foreign minister to a ‘shrilling’ fly
China has launched a vituperative attack on Taiwan’s foreign minister, evoking the words of revolutionary leader Mao Zedong to denounce him as a “shrilling” fly for his efforts to promote Taiwan …
Taiwan Questions China’s Suitability for Pacific Trade Pact, Fears ‘Obstruction’
China’s restrictive practices present fundamental problems for its application to join a major pan-Pacific free trade pact, and if it joins before Taiwan there is a risk it could block their …
China gorges on American grain-fed beef amid shrinking supplies from Down Under
As Australian beef exports to China wither amid diplomatic tensions, demand there for U.S. grain-fed beef has soared, fuelled by the appetites of a growing Chinese middle class. Hotpot restaurants, …
Asian factories stagnate as China’s slowdown, supply constraints hit
China’s waning economic momentum dealt a fresh blow, with the official Purchasing Manager’s Index (PMI) on Thursday showing the country’s factory activity unexpectedly shrank in September due to wider …
U.S. trade chief Tai to unveil Biden’s China trade strategy on Monday
U.S. Trade Representative Katherine Tai will unveil the Biden administration’s long-awaited strategy for the troubled U.S.-China trade relationship in a speech on Monday at a Washington think tank, …
China expected to stop phosphate exports, food production prices set to rise
Chinese phosphate fertiliser producers are expected to stop exporting for more than six months Already high prices of important fertilisers are likely to increase Moves to restrict production are not …