Expansion and enhancement of connect schemes crucial to promoting cross-border use of the yuan, HKMA CEO tells summit Possible new measures could include improved sales arrangements, expansion of …
Monthly Archives For September 2022
China’s Car Sale Slump and How to Take Advantage
The State Taxation Administration and the Ministry of Finance announced new measures to stimulate China’s sputtering automobile industry. The statement, made on May 31, announced that purchase taxes …
Golden Ocean Group: Eradicating COVID-19 From China Is About To Hurt
Golden Ocean Group was the metaphorical golden goose for shareholders with massive dividends in 2021 and early 2022. See why I maintain my sell rating on GOGL.
Dragons nestle in the mountains outside Beijing
Beijing is home to a wealth of ancient temples and historical sites, which is part of the reason I was so drawn to the city. After living here for over 3 years, with minimal travel…
China and Russia present united front at summit as Ukraine war risks exposing regional divisions
When Chinese leader Xi Jinping and Russian President Vladimir Putin sit down with other Asian leaders at a summit in Central Asia Friday, they will seek to present a united front to counterbalance the …
US-China experts warn of ‘bloody affair for both sides’ if war were to start
China has closed the gap on U.S. military capabilities, but the U.S. maintains quality superiority and advantages through its regional alliances and direct support of Taiwan.
China’s consumer, factory activity improve but still weak
Chinese consumer spending and factory output edged up in August but still were weak, official data showed Friday, and forecasters warned the second-largest economy is vulnerable to repeated shutdowns …
Chinese court unbans crypto trading but there’s a catch
A Chinese court unbans crypto trading for its citizens in a case that involved Litecoin but it should not be used as a legal tender.
China to further improve business environment, lower costs for companies
China has rolled out new measures to optimize its business environment, aiming to ease current strains on small businesses and cement the foundations of economic recovery, according to a guideline …
China’s legislator to meet S Korea leaders for talks on Seoul-Beijing ties
China’s top legislator is set to meet South Korean leaders as Yoon’s push to buttress a military alliance with Washington has caused concerns that it could hamper Seoul’s ties with Beijing …
‘I accept being ordinary’: China’s youth are turning their backs on hustle culture
Young people in China are growing disillusioned and frustrated with work and life, and some are now turning their backs on a crushing hustle culture.
China’s Property Sector Contracts Further With Prices, Sales Falling
China’s property sector contracted further in August, with falls in home prices, investment and sales, official data showed on Friday, as a mortgage boycott, widespread COVID lockdowns and a weak …
China’s economy perks up but property crisis worsens
China’s economy showed surprising resilience in August, with faster-than-expected growth in factory output and retail sales shoring up the recovery from the effects of COVID and heatwaves, but a …
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