The US-led partnership includes South Korea, Japan and Taiwan is seen by Beijing as Washington’s plot to exclude China from semiconductor value chains Seoul is key to Beijing’s semiconductor …
Monthly Archives For July 2022
Economic worlds collide in China
However, if that happens, China will compound a growing belief it is becoming a business risk. There are multiple reasons for China’s problems, with private ownership of property (alien to the core …
Fortescue juggles China, COVID, costs and climate
Departing Fortescue chief executive Elizabeth Gaines leaves big shoes to fill, and a series of key challenges for her successor.
China banks rush to raise debt as slowdown hikes potential bad loans
A record amount of fresh money has come from financial markets in China, with banks selling 29% more bonds in the first half of the year compared to last year …
China’s industrial profits rebound in June though headwinds remain
Profits at China’s industrial firms bounced back to growth in June after two months in the red, underpinned by the resumption of activity in major manufacturing hubs, but fears of a COVID-19 …
2022 Beijing Forum on Human Rights: Experts call for joint efforts to improve human rights for all
Beijing Forum on Human Rights has been held in the Chinese capital, attended by international experts and scholars both online and in person. The president of the China Society for Human Rights Padma …
Taiwan holds massive Han Kuang military drills as tensions with China build
This year’s annual Taiwanese military drills have taken on a greater significance amid growing concerns over China’s intentions toward the self-governing island.
China’s c.bank targets $148 bln in financing for cash-strapped developers – FT
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 it tries to revive the debt-stricken sector.
Asia’s richest woman loses half her $24bn fortune in China property crisis
Yang Huiyan, a majority shareholder in Chinese property giant Country Garden, saw net worth plunge to $11.3bn in a year …
China Banks Rush to Raise Record Debt as Credit Losses Mount
Chinese banks are rushing to boost capital as they prepare for a potential spike in bad loans due to the economic slowdown and spreading housing crisis. Most Read from BloombergRockstar Games Cleaned …
China’s Blistering Heat Strains Power Grids and Disrupts Farming
Scorching temperatures across China are straining power grids as the country tries to ramp up industrial activity to support the economy, while farmers scramble to save crops such as rice and cotton …
The US is ‘asleep at the switch’ on China buying up American farmland: Rep Chip Roy
The head of the U.S. Securities and Exchange Commission (SEC) said Wednesday that he will not send public accounting inspectors to China or Hong Kong unless Washington and Beijing can agree on …
China’s central bank seeks to mobilise $148bn bailout for developers
Beijing is seeking to mobilise up to Rmb1tn ($148bn) of loans for stalled property developments, in its most ambitious attempt to revive the debt-stricken sector and mollify home buyers who are …
