China signalled more monetary stimulus, including a likely cut to the reserve requirement ratio (RRR) for banks, as it ramps up support for an economy under strain from surging Covid cases and more …
Monthly Archives For November 2022
China’s Local Governments Face Squeeze From $2 Trillion in Debt
Signs are growing in China that local government debt burdens are becoming unsustainable. China’s 31 provincial governments have a stockpile of outstanding bonds that’s close to the Ministry of …
4 Hong Kong brands making it big overseas: how Casetify, Edison Chen’s Clot, Lane Eight sneakers and Unspun jeans are going global
Edison Chen’s streetwear label Clot, part of his Juice retail platform, has collaborated with Nike, Rimowa and Sacai and has outlets in China, LA and Honolulu Casetify is another successful brand many …
A jet built by China and Pakistan may soon be the most widely operated combat aircraft in the world
The JF-17, designed and developed by Pakistan and China, is “not cutting edge, but it is a reliable performer,” one expert told Insider.
China’s CNOOC pays Petrobras $1.9 bln for production sharing deal at Brazil’s Buzios field
Brazil’s state oil firm Petrobras said on Thursday it received 10.3 billion reais ($1.9 billion) from Chinese oil and gas major CNOOC , a payment for a 5% stake in a production sharing agreement at…
China’s imports of IC-making equipment from Dutch doubled in October
According to official data, China’s overall imports of equipment for semiconductor manufacturing declined by nearly 30%, while IC-making equipment’s growth remains flat.
China just reported a record high day of coronavirus cases after loosening its zero-COVID policy
A record high of daily COVID-19 infections is sweeping China as of Thursday, following a slight loosening of the government’s zero-COVID policy.
China says it has ‘solved’ children’s addiction to online games, but attention shifted to videos
China has “basically solved” the problem of online gaming addiction among its youth, according to a new report co-authored by the China Game Industry Group Committee, the country’s top gaming industry body.
Space and Technology Were Big Winners at China’s 20th Party Congress
China’s top leadership changes reflect the prioritization of space, science, and technology. For China, investing in indigenous development of space tech as well as more general science and technology …
UN committee urges China to free Xinjiang detainees, recommends reparations
A United Nations committee urged China on Thursday to release people held in detention facilities in its Xinjiang region and recommended that it provide victims with “remedies and reparation”.
China Censors Open Letter Questioning Xi Jinping’s Zero-COVID Policy
A viral open letter, written after the FIFA World Cup opened on Sunday, questioned China’s ongoing zero-tolerance policy toward COVID-19.
China COVID woes, Fed minutes hit dollar, CZ’s crypto fund – what’s moving markets
It’s Thanksgiving, and U.S. stock markets are closed for a well-deserved rest. The rest of the world is giving thanks for a set of Fed minutes that strengthened the ‘dovish pivot’ narrative, squashing …
China’s plan to expand the TRIPS waiver threatens U.S. national security
Last June, members of the World Trade Organization (WTO) agreed to suspend intellectual property (IP) rights on COVID-19 vaccines.
