Globalisation is heading into a perfect storm – and for China in particular it could not be coming at a worse time.
Monthly Archives For August 2022
China pares back holdings of U.S. Treasuries for 7th month
China slashed holdings of U.S. Treasuries for a seventh consecutive month in June, Treasury department data released on Monday showed, with investors closely tracking this measure in the wake of …
SoftBank, Sequoia China backs this ERP startup enabling China’s online exporters
Thanks to cross-border e-commerce platforms, China continues to be a major exporter of consumer goods for the world in the online shopping age. It’s not just marketplaces like Amazon and AliExpress …
China Needs More Stimulus to Boost Growth, PBOC Paper Says
China needs to roll out more stimulus to boost economic growth as the recovery isn’t solid and its momentum showed signs of slowing, according to Financial News, a newspaper backed by the central bank …
China begins new military drills as US delegation visits Taiwan; accuses US of ‘stirring up confrontation’
China has announced additional military drills around Taiwan in response to the latest visit by a delegation of American lawmakers to the island. The delegation led by Senator Ed Markey (D-MA) arrived …
China Credit Market Offers Cheapest Money Ever If You Can Get It
China’s $12.4 trillion local credit market is flooded with cheap money—but a growing number of weaker borrowers are struggling to obtain it. A spiraling property debt crisis and the fallout from Covid …
China continuing to import New Zealand meat – MPI
(MPI) has rejected reports China is banning imports of New Zealand meat. The Australian Financial Review is citing Chinese media reports which said China was suspending imports of meat from Australia …
‘Is it wrong that I like anything?’: Anime fan in China says she was interrogated by police for wearing kimono
A woman in China claims that she was detained and interrogated by police after they spotted her wearing a white kimono while taking photos in Suzhou, China. On Wednesday evening, while waiting in line …
China’s Crude Processing Dips To Lowest Since March 2020
Crude throughput at Chinese refineries slumped in July to the lowest level since the height of the pandemic in March 2020 …
‘Ticking time bomb’—China’s real estate bust deepens as housing prices fall for 11th straight month
Industry analysts see an urgent need to stimulate a recovery in China’s overheated residential real estate sector as potentially 50 million vacant apartments could soon flood the market.
Oil prices plunge after China’s Central Bank cuts interest rates
CBS News’ Tanya Rivero sits down with Axios business reporter Hope King to discuss what’s driving the U.S. stock market and what China is doing to stave off an economic downturn.
Marketmind: Still reeling from China’s data debacle
With no major regional economic reports on tap Tuesday, Asian markets will continue to digest the implications from China’s dismal data deluge on Monday that instantly deepened the gloom surrounding …
FirstFT: China ratchets up military drills around Taiwan
China announced a fresh round of military manoeuvres around Taiwan yesterday in reaction to the visit of a US congressional delegation, a move that ratchets up Beijing’s efforts to isolate the island …
