Benchmark global copper prices face further losses for several months after a sharp drop from record levels, as government stimulus has yet to address the country’s property sector, a major consumer …
Monthly Archives For July 2022
Resolution of bank and property crises a priority for Beijing
Both issues are seen as threatening stability and the real economy, and come ahead of the 20th Communist Party national congress later this year Central government officials have repeatedly reminded …
Beijing Pulls COVID Isolation Tracking Bracelets After Backlash; Hong Kong Rollout Goes Ahead
While many governments elsewhere appear resigned to “sliding into the long pandemic defeat,” those in China continue to fight COVID-19 with an array of weapons including mass testing, smartphone-based …
Mortgage boycotts grow across China
The protest is part of (and now contributing to) a deepening housing crisis in the world’s second largest economy.
US Official Sees Curbs on Exports to Russia as Template for China
The US’s successful collaboration with 37 other nations that’s driven down exports to Russia serves as a blueprint for a new regime on tackling threats from China, the head of the Commerce …
Exports growth to slow in the second half of 2022: analysts
China’s slowdown is amongst the factors dampening the global trade outlook. Following a double-digit increase in H122 of 10.2%, analysts expect the non-oil domestic exports (NODX) to ease to …
China ranks Georgia’s largest export destination this year
Georgia’s exports to China rose 38 percent year on year, one of the fastest among major trade partners, said the office in a report. Azerbaijan and Russia followed with 287 million U.S. dollars and …
China to foster market-oriented, world-class business environment governed by sound legal framework: Premier Li
China is committed to fostering a market-oriented, world-class business environment governed by a sound legal framework, Chinese Premier Li Keqiang said on Tuesday. Li made the remarks at the Special …
Why is China reducing its U.S. debt holdings?
China cuts it U.S. debt portfolio to under $1 trillion, possibly to support its currency or reduce exposure to potential U.S. sanctions.
Islam in China must be ‘Chinese in orientation,’ adhere to socialism, Xi Jinping says in Xinjiang visit
The Chinese government is pushing efforts to ensure that religious groups in China adhere to the socialist principles of the ruling Communist Party. President Xi Jinping reportedly gave the directive …
FBI Seizes $500K in Crypto and Ransom Payments From North Korean Hackers
North Korean hackers held a Kansas hospital to ransom—but the FBI and DOJ were able to get the money back along with stolen crypto.
Inside China’s scramble to overcome microchip crunch
Automotive chip order times remain long around the world, but brokers are focusing on China, which has become ground zero for a severe shortage that the rest of the industry is gradually moving beyond …
China is no longer the top holder of US debt after its total dips below $1 trillion for the first time in 12 years
China held $980.8 billion in US debt, down $23 billion from the prior month and almost $100 billion from a year ago.
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