In China Cyberspace, Elon Musk cites some of his loftier goals as examples of the kind of technology his companies could (eventually) create, such as a “self-sustaining city on Mars”, a way for humans …
Monthly Archives For August 2022
Gloomy China Economic Outlook Cools Stocks Rally: Markets Wrap
U.S. equity-index futures slipped, stocks were mixed and commodities from oil to iron ore tumbled as disappointing data from China further clouded the outlook for the global economy.Most Read from …
China aims to surpass EU’s trade with Africa in a decade – report
The latest report by Economist Intelligence shows China aims to push the trade from medium to long term over the next decade trying to outdo major international powers such as the US and EU. The…
Explainer-How China manages refined fuel exports
China’s refined fuel exports are likely to sink in 2022 to the lowest in seven years as the country seeks to maintain ample domestic supplies while refinery output posts a rare decline. Regional …
Malaysia’s fourth quarter will be ‘the challenge’ for its economy, says finance minister
The fourth quarter will be “the challenge” for Malaysia’s economy if the Russia-Ukraine war and China’s zero-Covid policy persist, said Zafrul Aziz.
Foreign trade of East China’s Jiangsu up 11.5%
NANJING – East China’s Jiangsu province reported an 11.5 percent increase in foreign trade in the first seven months to 3.14 trillion yuan ($465.8 billion), official data showed. Among the total …
FOREX-Dollar gains on safety flows after China data, yuan eases on rate cut
The safe-haven U.S. dollar rose on Monday after a new batch of disappointing data from China bolstered global recession worries, while the yuan weakened following a People’s Bank of China surprise …
China to restart military drills as more U.S. lawmakers, including 2 Californians, visit Taiwan
Taiwanese President Tsai Ing-wen has met with another delegation of U.S. Congress members weeks after Nancy Pelosi’s visit sparked fury in Beijing.
China cuts rates as lockdowns and a real estate crisis take their toll
China’s central bank cut interest rates on Monday as new data showed the economy losing steam last month because of renewed Covid lockdowns and a deepening property downturn.
China’s economic weakness goes beyond real estate
Real estate property construction, home sales and mortgages are just part of the weaknesses we have seen in the Chinese economy. Export demand could …
China conducts fresh military drills around Taiwan as US congressional delegation visits
China’s military said it conducted combat alert patrols and military drills in the waters and airspace around Taiwan on Monday, a day after the arrival of a US congressional delegation to Taipei.
China announces new Taiwan drills as US delegation visits
The visit came less than two weeks after U.S. House Speaker Nancy Pelosi’s trip to Taiwan, which prompted days of threatening military exercises by China.
More U.S. lawmakers, including 2 from California, visit Taiwan amid China’s ire
Taiwanese President Tsai Ing-wen has met with another delegation of U.S. Congress members weeks after Nancy Pelosi’s visit sparked fury in Beijing.
