China will help property developers by issuing 1 trillion yuan ($148.2 billion) in loans for stalled developments, the Financial Times said on Thursday, as Beijing tries to revive the debt-stricken …
Monthly Archives For July 2022
China’s Xi Jinping warns Biden not to ‘play with fire’ over Taiwan
Chinese President Xi Jinping warned U.S. President Joe Biden against interfering in Taiwan in a call that took place amid soaring tensions over a possible trip to the self-governing island by House …
China Quietly Abandons 2022 Growth Target
Shares in mainland China and Hong Kong sink as the Beijing leadership walks away from growth of ‘around 5.5%’ for this year.
Gloom Returns to China Stocks With Worst Monthly Loss in a Year
Chinese stocks plunged Friday to cap a brutal month which marked the return of almost all the worries that have spooked investors for much of the past one year.Most Read from BloombergRockstar Games …
China extends tax exemption for electric cars, state media says
BEIJING (Reuters) – China will extend an exemption of purchase taxes on “new energy” vehicles as part of the measures to boost domestic consumption, state media said on Friday, following a cabinet …
COLUMN-China’s exports smooth aluminium supply-chain disruption: Andy Home
LONDON, July 29 (Reuters) – China is playing a crucial role in rebalancing the global aluminium supply chain in the wake of Russia’s invasion of Ukraine. The country has lifted exports of alumina to …
Export of Belarusian goods to China increased by 1.5 times over five months and amounted to more than $0.5 billion
China remains one of the most important strategic partners of Belarus. Over 100 Belarusian enterprises are now accredited and are …
Russia-Ukraine war: Zelenskiy says grain exports ready to start; Kyiv accuses Russia of ‘war crime’ over PoW deaths – live
Ukraine’s president says Black Sea ports ready to export grain; Kyiv calls on world leaders to condemn Russia over attack that led to death of 40 PoWs …
China’s Top Angel Investors Pour $90 Million Into Crypto Hedge Fund, Betting on Recovery in Prices
The stomach-churning collapse of cryptocurrency tokens, savings accounts, and hedge fund Three Arrows Capital has wiped out fortunes just as the collapse of the Lehman Brothers investment bank did …
China says U.S. chip act will distort global semiconductor supply chain
China’s commerce ministry said on Friday that a major new chips act passed by the U.S. Congress will distort the global semiconductor supply chain and disrupt international trade.
Don’t Fear China’s Falling Rocket—Fear the Future It Foretells
Long considered trivial, the effects of rocket launches and reentering space debris on global warming and ozone loss could soon become too large to ignore …
China leads in hydropower capacity for 17 years
China’s installed hydropower capacity has been on top of the world for 17 consecutive years, according to a press release by the China Society for Engineering. By the end of June, China’s installed …
China’s Economy Still Looking Worryingly Weak, Key Data Shows
A key economic indicator continues to show weakness in China Steel production in the second largest economy was down 6.5% in the first six months of the year versus the same period a year earlier.