As Grid’s China Reporter Lili Pike reported Monday, the just-concluded party congress in Beijing was unsuspenseful in terms of the choice of leader; as expected, China’s President Xi Jinping will …
Monthly Archives For October 2022
How American Firms Give the US an Edge Over China in Southeast Asia
Beijing is an economic power in most of the region, but it can’t compete with the long-established U.S. business presence.
China Signals Easing of Covid-19 Restrictions for Foreign Businesses
Beijing issues a framework to spur investment and lure overseas talent without providing details of timing.
Britain’s new prime minister will raise hopes in Beijing and concerns in Washington
Less than two months after losing a Conservative Party leadership election, Rishi Sunak is Britain’s new prime minister. Sunak will end Liz Truss’ record-short premiership, which imploded after a …
China’s central bank vows to maintain reasonable credit growth
China’s central bank and the State Administration of Foreign Exchange should maintain a reasonable credit growth and stabilise the macro economy, the People’s Bank of China said in a statement on …
Markets get stark reminder that China is a Communist dictatorship
Global capital fled China en masse Monday in the aftermath of Xi Jinping’s quasi-coronation as the sole power in charge of China. Why it matters: Market moves suggest investors were surprised by the …
China’s fiscal revenue growth speeds up, but land sales earnings slide
China’s fiscal revenue growth picked up pace in September from a month earlier, according to Reuters calculations based on official data on Tuesday, but declining government land sales revenue …
China’s Budget Deficit Nears Record $1 Trillion as Economy Slows
China’s broad fiscal deficit hit an all-time high in the first nine months of the year as Covid outbreaks and a housing market slump continue to erode government income.
Why Biden’s Block on Chips to China Is a Big Deal
The new U.S. export controls on superconductor technology will hurt Chinese industries. Xi Jinping has only himself to blame.
Japanese brands top list of used vehicles’ value in China
Four out of the top five carmakers in terms of their used gasoline vehicles’ retention value were Japanese ones, according to a J.D. Power China report released on Tuesday. A vehicle’s retention value …
Analysis-China’s Newly Empowered Xi Faces a Daunting To-Do List
Chinese President Xi Jinping speaks as the new Politburo Standing Committee members meet the media following the 20th National Congress of the Communist Party of China, at the Great Hall of the People …
China is Beating U.S. in the Battle for Influence Over Developing Countries
For the first time ever, China has beaten the U.S. in the ideological and political battle to win people’s favor in developing countries, as those lose faith in the world’s liberal democracies.
Hu Jintao: Fresh China congress footage stokes Xi power play theories
Then China’s current leader Xi Jinping gives lengthy instructions to another man who subsequently attempts to persuade Mr Hu to leave. The unexpected moment led to intense speculation, with some …
