The Chinese foreign ministry said on Monday that China has lodged “stern representations” with the United States, after U.S. President Joe Biden said U.S. forces would defend Taiwan in the event of a …
Monthly Archives For September 2022
West weighs calling for China Uyghur abuses inquiry at UN
Battle over influence at Human Rights Council, with Beijing warning of ‘politicisation of human rights’ …
Why China’s commercial property sector is thriving despite the ‘zero-Covid’ policy
While Beijing’s policy objectives have curbed debt and speculation in residential real estate, they provide underpinnings for growth in other sectors These sectors that contribute to China’s …
Biden, again, says U.S. would help Taiwan if China attacks
China’s ruling Communist Party sees Taiwan as unfinished business from the civil war, which ended in 1949 with the defeated Nationalist Party fleeing to the island. Beijing has vowed to bring Taiwan …
1 in 5 of China’s urban youth are unemployed. That’s a huge headache for Xi Jinping
The future looked promising for Cherry in May last year, when she secured a prestigious internship at a major software firm, while still studying at a university in Wuhan. The company told her that …
China Vanke spin-off seeks $780mn in Hong Kong’s biggest IPO this year
China Vanke plans to raise up to $784mn in Hong Kong from the spin-off of its property management unit, which is set to test global investor appetite for real estate-related listings after a string of…
China Vanke’s US$784 million IPO spin-off attracts Temasek, UBS, hedge funds as cornerstone investors
Six cornerstone investors including Temasek and global hedge funds will sign up for 35.8 per cent of the IPO shares, or 3.5 per cent of the company’s equity Onewo is due to price its Hong…
China reports 990 new COVID-19 cases for Sept 18 vs 1,189 a day earlier
China reported 990 new COVID-19 infections for Sept. 18, of which 147 were symptomatic and 843 were asymptomatic, the National Health Commission said on Monday. That compares with 1,189 new cases a …
Liberal senator drafts cryptocurrency bill to regulate ‘stablecoins’ and China’s digital yuan
The use of cryptocurrency is on the rise and its lack of regulation could threaten Australia’s national security, according to Liberal senator Andrew Bragg, who has drafted a private member’s bill …
Would US forces defend Taiwan if China invades? Biden again says, ‘yes’
President Joe Biden has reiterated that United States military personnel would defend Taiwan if the Chinese military were to launch an invasion of the democratically ruled island.
China to accelerate projects, boost consumption to spur recovery
China will speed up fund injections to expedite project construction and boost domestic consumption, China’s state planner said at a news conference on Monday.
China lifts weeks-long lockdown on southwest megacity Chengdu
Millions of people in the Chinese megacity of Chengdu emerged Monday from a Covid-19 lockdown that had closed schools, disrupted businesses and forced residents to stay home for over two weeks.
China Central Bank Cuts 14-Day Reverse Repo Rate, Steps up Cash Injections
China’s central bank lowered the borrowing cost of 14-day reverse repos on Monday and stepped up cash injections to counteract higher demand towards the quarter-end. The People’s Bank of China (PBOC) …