China will not use its strength to “bully” its smaller neighbours including the Philippines, its foreign minister said on Monday, as he highlighted the importance of settling disputes in the South …
Monthly Archives For January 2022
US-China tech war: Chinese semiconductor output surged 33 per cent last year, double the growth rate in 2020
The latest data highlights the country’s efforts to boost chip output amid a protracted semiconductor shortage and Beijing’s push for tech self-sufficiency Separately, China’s chip imports amounted to …
Mike Ermolaev: Three reasons behind the recent crypto market fall
After a year of gains and record highs, cryptocurrencies are going through a turbulent time, and the market is in extreme fear territory. Why is this not surprising? There have been several major …
China’s Xi warns of spillovers if major economies ‘slam on the brakes’ – business live
Rolling coverage of the latest economic and financial news …
China provides most medical supplies, vaccines to world to fight COVID-19: NBS
China has been playing an indispensable role across the globe in battling the COVID-19 pandemic by providing medical supplies and vaccines to the international community, with the country supplying …
Shenzhen city fund records $770m loss on Evergrande investment
Investors who injected about $20 billion into China Evergrande Group’s main operating unit five years ago are starting to count their losses amid the company’s slide into default and restructuring.
China property developer dollar bonds slump
Dollar bonds of Chinese property developers including including Central China Real Estate, Yuzhou Group Holdings, KWG Group Holdings and Jingrui Holdings fell sharply on Monday, slumping as much as 20 …
China: Solid exports growth in December – UOB
UOB Group’s Economist Ho Woei Chan, CFA, assesses the latest exports data results in China. Key Takeaways “China’s exports expanded strongly in Dec at 20.9% y/y in USD-terms …
China’s strong GDP in 2021 comes with a record-low birth rate
China’s economy recovered substantially from the coronavirus pandemic in 2021, but its seemingly buoyant growth rate is overshadowed by a challenge that will be hard to fix with monetary or fiscal …
China’s Economy Is Slowing, a Worrying Sign for the World
Economic output climbed 4 percent in the last quarter of 2021, slowing from the previous quarter. Growth has faltered as home buyers and consumers become cautious.
China’s Xi pushes for greater cooperation on COVID-19, rejects ‘Cold War mentality’
Chinese President Xi Jinping called Monday for greater world cooperation against COVID-19 and pledged to send an additional 1 billion doses of vaccine to other countries, while urging other powers to …
Xinhua Commentary: China capable of maintaining safe, orderly Spring Festival travel rush amid COVID-19 pandemic
Chun Yun means China’s annual travel season around the Spring Festival for family reunion. Various measures have been adopted this year to ensure safety amid the COVID-19 pandemic. BEIJING, Jan. 17 …
China’s Xi rejects ‘Cold War mentality,’ pushes cooperation
Chinese President Xi Jinping called Monday for greater world cooperation against COVID-19 and pledged to send an additional 1 billion doses of vaccine to other countries , while urging other powers to …