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Monthly Archives For September 2022
China property crash not as bad as ‘alarmist’ predictions
Australia’s top diplomat in Beijing has rejected “alarmist” predictions over the demise of China’s residential property sector, saying financial markets can absorb defaults.
China Mobile seeks to deregister its American Depositary Shares and terminate its reporting obligations under the U.S. Securities Exchange Act
China Mobile Limited (“China Mobile” or “the Company”) (HKEx: 941; SSE: 600941) refers to its announcement dated 7 May 2021 in relation to the review decision of the determination by The New York …
China cities cancel flights, prepares to halt trains as Typhoon Muifa closes in
Typhoon Muifa gained strength in the East China Sea on Wednesday, triggering China’s first “red alert” this year, forcing flight and train cancellations in Shanghai and threatening the busy port …
China’s once-hot payments industry fizzles out under shifting fintech regulations
The People’s Bank of China strictly controls the number of third-party payments licences, which were once worth billions of yuan As the central bank moves to tighten fintech regulations in recent …
Countries most indebted to China MAPPED as global tensions rise
The poorest countries in the world are on the hook for £30billion in debt-service payments this year of which around 40 percent is owed to China.
China poised to shake up economic leadership as reformers bow out
Beijing’s once-in-five years reshuffle begins at the party congress that starts Oct. 16, where President Xi Jinping is poised to break with precedent and secure a third leadership term.
After bashing China loans, Kenya’s president signals reverse course
During his election campaign, William Ruto blamed China’s lending for his nation’s debt troubles But the new leader has flagged an expansion in Kenya-China relations on infrastructure, agriculture, …
CNNC delegation calls on Finance Minister
A delegation of China National Nuclear Corporation (CNNC) headed by its President Overseas Zhang Guoliang called on Minister for Finance Miftah Ismail in Islamabad on Wednesday. He briefed the …
China’s two systems for crypto: Trading is banned, but virtual assets can be protected
In a decision involving Litecoin, a Chinese court says there are no rules ‘that negate the protectability of cryptocurrency itself as virtual property.’ …
China Evergrande’s Other Spending Spree—on Soccer—Is Also Running Into Trouble
China Evergrande’s property empire, built with billions of dollars in borrowed money, has had a humiliating comedown. Its formerly brand-burnishing soccer empire is going through one, too.
China’s Covert Offensive Is Here. Are Democracies Ready?
China’s halting emergence from the chaotic Mao Zedong era and its international isolation after Chinese soldiers crushed pro-democracy demonstrations at Tiananmen Square in 1989 made it seem like an …
India narrows thermal coal imports gap with top buyer China
India is fast catching up with China in its thermal coal imports, as the world’s two biggest overseas buyers of the power generation fuel adjust purchases to align them with the varying trajectories …
