Microelectronics, artificial intelligence (AI), and 5G are “destiny-shaping technology” sectors for the US, the report by the Special Competitive Studies Project (SCSP), chaired by former Google chief …
Monthly Archives For September 2022
Top Banks Pull Back From China Metal Financing After Crises
(Bloomberg) — JPMorgan Chase & Co. and ICBC Standard Bank Plc are pulling back from metal financing in China after a series of crises and scandals, adding pressure to a sector already hard hit by…
China’s Swap Markets Signal Near-Term Easing Bets Are Fading
China’s bond traders are growing less optimistic about the prospects for more monetary easing, if the derivatives markets are anything to go by. The nation’s one-year interest rate swaps, which show …
Reform and opening-up, dual engine for China’s economic growth
The persistent efforts in reform and opening-up transformed China into the engine and pillar of the global economy.
China’s economic indicators beat forecast in August, withstanding the coronavirus, heatwaves and headwinds as recovery gains momentum
China released its main economic indicators for August on Friday, recording better-than-expected growth and maintaining momentum from July, as government stimulus keeps the world’s second-largest …
China’s top legislator to meet S. Korea leaders for talks
China’s top legislator was set to meet South Korean leaders including new President Yoon Suk Yeol in Seoul on Friday, as Yoon’s push to buttress a military alliance with Washington has caused concerns …
G7 Nations To Take Tougher Stand On Trade With Beijing; ‘Naivety Toward China Is Over’
The time when one said ‘Trade, no matter what,’ regardless of social or humanitarian standards is something we shouldn’t allow ourselves anymore,” said Habeck.
China’s retail, factory sectors unexpectedly perk up in August
China’s economy showed surprising resilience in August, with an unexpected pickup in factory output and retail sales growth shoring up the recovery from the crippling effects of COVID curbs, heatwaves …
China’s retail sales, industrial production beat expectations in August
Analysts polled by Reuters expected a pickup in retail sales to 3.5% in August from a year ago and industrial production to hold steady with 3.8% growth.
China August new home prices fall month-on-month at fastest pace since Nov 2021
China’s new home prices fell in August at the fastest pace since November 2021 as its property sector was plagued by weak demand, a mortgage boycott and strict COVID-19 restrictions.
China struggles against political, economic stability ahead of 20th Party Congress
China’s economy, both at the central and provincial levels, is under considerable stress as two of the world’s biggest investment banks have slashed China’s economic growth forecast, ahead of the 20th …
China reports 986 new COVID cases for Sept 15 vs 1,083 a day earlier
That compares with 1,083 new cases a day earlier – 167 symptomatic and 916 asymptomatic infections, which China counts separately. There were no new deaths, same as a day earlier, keeping the nation’s …
How China Set Its Response to COVID-19 From Crisis to Opportunity
The response to COVID-19 contrasts with the CCP’s reaction to previous health crises, when the approach was to downplay the extent of the virus.
