China is trying to ease panic over two of the biggest issues threatening social stability in the country—mortgage boycotts and frozen bank accounts.
Monthly Archives For July 2022
China’s Trojan Horse Confucius Institutes Persist on Campuses | Opinion
If the answer is a resounding “No,” as it should be, then it is hard to see the American academy as anything other than insane—and dangerously so—when it comes to China and its Confucius Institutes,…
China braced for renewed lockdowns as Omicron subvariant spreads
China is at risk of more frequent lockdowns and mass testing as officials struggle to contain the spread of the highly transmissible BA.5 Omicron subvariant, experts said, despite the damage …
China’s H1 gasoline exports fall 42% as June overseas sales halve
China’s June gasoline exports halved from a year earlier, driving overseas sales for the first six months of 2022 down 42 per cent, as the country sticks with its policy of curbing fuel exports …
China’s June aluminium imports down 36.3% y/y
China’s aluminium imports in June fell 36.3 per cent from the same month a year earlier, government data showed on Monday, as domestic production ramp-up and persistently weak demand continued to …
China Adds Liquidity for First Time Since June as Risks Grow
China’s central bank injected additional liquidity into the financial system for the first time since June as a growing mortgage-payment boycott and a virus flareup leads to a sense of crisis.Most …
China Developers Rise as Banks Urged to Tackle Mortgage Crisis
Shares of Chinese developers jumped by the most in nearly a month following a report that the nation’s banking regulator urged lenders to support the sector amid a growing mortgage boycott.Most Read …
World’s Top Selling EV Brand is from China
The world’s best selling EV brand is BYD, a Chinese automaker based in Shenzhen and backed by American billionaire Warren Buffet.
China’s steady economic recovery boosts global expectations for future growth
A string of recently released economic data has once again attested to the resilience of the Chinese economy, which has gathered momentum to achieve a steady recovery. Data from the National Bureau of …
Shanghai enforces new COVID testing, some areas in China extend lockdown
Several large Chinese cities including Shanghai are on alert due to new clusters of COVID-19 infections, rolling out repeated mass testing or extending lockdowns on millions of residents, with some …
China reports 117 new coronavirus cases
BEIJING – China reported 117 new COVID-19 cases during the past 24 hours, the National Health Commission said on Monday. Xinhua news agency quoted the Commission as saying that no new deaths have been …
‘Abusing China’s restraint’: Beijing accuses Australia of provocation at sea
Global Times quotes comments by foreign ministry spokesman Wang Wenbin on military encounters in the South China Sea …
China cuts oil, gas imports as energy demand growth slows
China is continuing to reduce its oil and gas imports in line with the slow demand growth amid the nation’s strict control of the coronavirus pandemic. The world’s second largest energy consumer …
