With Beijing stepping in to help China’s beleaguered property market, many believed the sector’s crisis may be averted. New situations are causing reconsideration of that optimism. After years of boom …
Monthly Archives For July 2022
Tiananmen Square 2? Tanks roll out to ‘protect’ banks in Henan as China’s financial crisis worsens – 5 points
The numbers already show a bleak scenario. Latest GDP data reveals China’s slowest economic growth since early 2020.
Here’s How China Might Respond to a Taiwan Visit by Nancy Pelosi
From frothy rhetoric to fighter jet incursions, China rarely leaves even a low-level exchange between the US and Taiwan unanswered. The question now is how far Beijing will go to signal its …
China’s Top Steel Mill Adds Its Voice to Industry’s Alarm
The world’s top steelmaker has added its voice to the growing sense of alarm among China’s mills over crisis conditions in the industry due to poor demand and plunging profits. Most Read from …
China’s First-Half VLSFO Exports Slip by 7%
VLSFO exports were 9.09 million mt, down by 7% from the 9.81 million mt seen in in the same period a year earlier.
Across China: Mexican companies rev up business ties with western China
Twenty-four Mexican companies will attend the 4th Western China International Fair for Investment and Trade (WCIFIT), held from Thursday to Sunday in Chongqing Municipality. “Mexico is China’s …
COVID-19 situation in China fluctuating at low level: official
The COVID-19 situation has been fluctuating at a low level in China since the beginning of July, with resurgences reported in multiple places within a few areas, a Chinese health authority official …
Beijing rallies against AUKUS, warns nuclear submarine plan sets a ‘dangerous precedent’ in scathing report
China has launched its latest campaign against Australia’s AUKUS agreement to build nuclear-powered submarines with its allies United States and the United Kingdom.
Here’s What Another China Lockdown Could Mean For The U.S. Economy
More Covid lockdowns in China would be “another headache” for the Federal Reserve in its battle against inflation, experts say, though global supply-chain bottlenecks are easing.
China snaps up over US$2 billion of Russian LNG as energy trade bucks economic downturn
China bought a total of 2.35 million tonnes of LNG – valued at US$2.16 billion – from Russia in the first six months of the year Except for Russia, all other major LNG suppliers to…
Judging committee meeting of 1st Silk Road Global News Awards held in Beijing
BEIJING. KAZINFORM – The judging committee for the first Silk Road Global News Awards (SRGNA) met in Beijing Wednesday. During the meeting, the committee reviewed and confirmed the results of the …
China is not easing its harsh COVID rules any time soon—and residents are fleeing new lockdowns on foot
No, China is not easing its COVID rules or opening its borders any time soon. That’s the message China’s top health official seems to be sending to the Chinese public amid speculation that China …
China property crisis: Why homebuyers are halting mortgage payments
A growing number of homebuyers in China have stopped making mortgage payments for properties, adding to the woes of the country’s already t.
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