Modern Monetary Theory can inspire China to make sure central bank easing supports government spending, several prominent economists said, as Beijing turns to fiscal policy to boost economic growth.
Monthly Archives For April 2022
China Is Choosing Energy Security Over Its Climate Goals
Despite ambitious pledges to go carbon neutral by 2060, China is ramping up consumption of dirty fossil fuels such as coal …
China’s domestic coal boost may hurt future dry bulk market
China’s plan to boost domestic coal production by 300m tonnes this year may hurt the dry bulk sector over time but should spare the market in the near term, according to market watchers. Government …
Shanghai to launch new campaigns against COVID-19
Shanghai will start a series of campaigns on Friday to cut off all COVID-19 transmission chains in communities as soon as possible, local authorities said. Tiered community control measures will be …
Blockchain to play a key part in ensuring copyright laws can be used for 3D printing
Blockchain technology will soon be able to be applied within items produced by 3D printers thanks to pioneering work by experts.
Citing cover-up, House Republicans call for COVID-19 origins investigation
Republican members of the House Select Subcommittee on the Coronavirus Crisis are calling for an investigation into the origins of COVID-19, citing evidence that research conducted at the Wuhan …
China’s bid for influence in Asia does not stop with Solomon Islands. This is how Beijing gained a foothold in Sri Lanka
While Australian and US officials express shock and disappointment over Beijing’s deal with Solomon Islands, China has been making diplomatic and economic inroads across the region for years.
Hong Kong chief executive election 2022: Beijing, city government lash out at Google for taking down YouTube channel of candidate John Lee
The US and the West should immediately stop their meddling, Wang warned, without indicating whether Beijing would take action in response. Hours later, the Hong Kong government issued a statement …
Breakfast briefing; Beijing on the back foot
US jobless claims fall again; Fed locks in +50 bps; China malaise deepens; EU data brings hawkish ECB comment; Moody’s keeps NZ at Aaa; UST 10yr 2.92%; gold down and oil up; NZ$1 = 67.4…
Crypto investors worldwide raked in $163 billion in gains in 2021, a 400% increase from the prior year as bitcoin and ether prices hit records
Cryptocurrency investors around the world pulled in 400% more in gains in 2021 than the previous year, driven by price increases to all-time highs for the two most valuable cryptocurrencies, according …
In China, Xi Jinping’s enemies sharpen their knives
OPINION: Since taking power in 2012, Xi Jinping has fundamentally changed the political order of China. Crushing opponents under the guise of “anti-corruption” campaigns, terr …
Update: Shanghai to launch new campaigns against COVID-19
Shanghai will start a series of campaigns on Friday to cut off all COVID-19 transmission chains in communities as soon as possible, local authorities said. Tiered community control measures will be …
Gucci in focus as China lockdowns weigh on Kering Q1 sales
By Mimosa Spencer PARIS (Reuters) -Disruptions from COVID-19 lockdowns in China cast a cloud on forecast-beating first-quarter sales from Gucci owner …
