U.S. Defense Secretary Lloyd Austin said Thursday the U.S. would “maintain the capabilities to defend and deter” threats from China’s government and warned the country’s hypersonic weapons program was …
Monthly Archives For December 2021
Facebook cracks down on ‘Swiss biologist’ Covid conspiracy theory that originated in China
Facebook has cracked down on a Chinese influence operation that promoted fake claims made by a fictitious “Swiss biologist” US was interfering in the search for Covid-19 origins, parent company Meta …
China’s Tobacco Authority Issues Draft Rules Governing E-Cigarettes
China’s tobacco authority issued on Thursday draft rules governing e-cigarettes, moving the product away from a regulatory grey area and under the oversight of the state. The rules’ publication …
Global Times editor says WTA ‘coercing’ Peng with China tournament suspension
The editor of China’s Global Times newspaper accused the Women’s Tennis Association (WTA) of “coercing” star player Peng Shuai to “support the West’s attack” on China by suspending tournaments in the …
China expected to exceed economic target
Print E-mail China Daily, December 2, 2021 Despite the threats posed by COVID-19 variants and supply constraints, China is on track to achieve economic growth well above its target this year with a …
China ends decades-long preferential tariff certificates to exporters China ends decades-long preferential tariff certificates to exporters
The Chinese government stopped issuing a preferential tariff certificate to its manufacturers for exports to 32 countries on December 1, marking the end of a scheme that nurtured fledgling Chinese …
Taiwan Legislators Call For Boycott Of Beijing Olympics 2022 Amid Human Rights Concern
Taiwan legislators from the opposition New Power Party (NPP) have called for a boycott of the 2022 Winter Olympics to be held in Beijing. Read on …
China Property Market to Keep Cooling Into H1 2022 on Tight Curbs: Reuters Poll
China’s property downturn is expected to continue into the first half of 2022, with home prices and sales falling as tight credit policies and a looming property tax dampen demand, a Reuters poll …
Tight Liquidity, Credit Polarisation Persist for China Property
We expect the increase in credit polarisation of developers and sector consolidation to expedite a decline in annual property sales volumes, underscoring our deteriorating sector outlook. Fitch …
China’s Kaisa Struggles for Relief From Bond Holders as Default Risk Looms
Chinese developer Kaisa Group Holdings Ltd is unlikely to win bondholders’ approval to extend the maturity of a $400 million bond due next week, analysts say, heaping more pressure on other indebted …
The WTA’s hundred-million-dollar statement to China
In total, the WTA planned to host almost a dozen tournaments in China annually. In 2019, according to WTA figures, those tournaments accounted for over $30 million in prize money. The WTA could, in …
China’s yuan off 6-month high after weaker-than-expected fix
China’s yuan on Thursday eased from a six-month peak against the dollar hit a day earlier, as a weaker-than-expected official guidance discouraged investors from chasing the currency further. SHANGHAI …
China’s Role In U.S. Inflation Won’t Be Transitory
U.S. consumers got used to inexpensive Chinese-made goods. They’re no longer cheap, but the buying hasn’t slowed. A few words from the Fed won’t bring the prices down.