The 14th meeting of the Steering Committee for Vietnam-China Bilateral Cooperation was organized in China on Wednesday …
Monthly Archives For July 2022
Column: China’s sluggish commodity imports set to improve, but risks abound
China’s imports of most major commodities were unabashedly weak in June, but the soft outcome is more of a history lesson than a pointer to future demand in the world’s biggest buyer of natural …
Indian gov’t announces free booster doses as COVID-19 cases spike
India’s health ministry data showed on Thursday that 20,139 new cases of COVID-19 were reported during the past 24 hours, taking the total tally to 43,689,989 in the country. Indian capital Delhi …
Beijing Wants Young Chinese Workers to Love Capitalism Again
Their new distaste for private-sector jobs has caught the attention of the ruling Chinese Communist Party. Dispirited by pandemic lockdowns and a massive real estate crisis, today’s young Chinese …
Beijing may backflip on Aussie coal ban
Shares in Australian coal producers surged on Thursday on fresh rumours that Chinese authorities could lift an unofficial ban on Australian coal exports.
Analysis: China makes tweaks, but tough COVID policy still drags on economy
China has been tweaking its stringent COVID curbs but shows no sign of backing off from its “dynamic zero” policy, and has lagged in vaccination efforts that would enable it to do so, casting a…
A banking crisis is brewing in rural China
Depositors in the central Chinese province of Henan are protesting that banks have frozen their funds. All across China, small regional lenders are under pressure amidst a slowing economy.
China property protests threaten to dent $220bln of banks’ mortgage loans
The mortgage bad-loan ratios for banks could rise three- to five-fold as a result of homebuyers stopping mortgage payments, analysts estimate, adding that the protests will significantly add to the le …
China property protests threaten to dent $220 billion of banks’ mortgage loans
Chinese banks are set to take a hit to asset quality from mortgage business as growing numbers of homebuyers threaten to stop loan repayments to protest against unfinished apartments, analysts said.Th …
Boycotted Brands on Rise in China
China has boycotted 78 foreign companies — a six-fold increase compared to the preceding eight years. How can brands brace themselves?
China makes progress in civil helicopter manufacturing
China has been consistently making progress in its civil helicopter manufacturing sector to meet the demand for emergency rescue besides the need in other fields.
Swatch Group upbeat as China comes out of lockdown
Swatch Group stuck to its forecast for double-digit sales growth this year after pandemic lockdowns in China had less impact than feared on the world’s biggest watchmaker’s first-half results today.
China property protests threaten to dent $220 bln of banks’ mortgage loans
The widening homebuyer protest in China adds to the woes for the country’s property … reaching billions of people worldwide every day. Reuters provides business, financial, national and …
ADVERTISEMENT
