Xi Jinping may have rejected US President Joe Biden’s description of the 21st century as a battle between democracies and autocracies, but as the G20 and APEC summits showed, the Chinese leader remains intent on…
Monthly Archives For November 2022
China Trying to ‘Air Brush’ Over Wolf Warrior Damage, US Ambassador Emanuel Says
Chinese President Xi Jinping’s summits with the US and its partners were likely an attempt to paper over the harm it has caused with numerous countries in recent years, a top US envoy said.Most Read…
China accused of seizing rocket debris from Philippines navy in South China Sea dispute
Coast guard cut towing cable the Phillipines navy was using, say military officials, on eve of visit to region by Kamala Harris
Asia shares, oil prices skid on China COVID outbreaks
Asian share markets and oil prices slipped on Monday as investors fretted about the economic fallout from fresh COVID-19 restrictions in China, with resulting risk aversion benefiting bonds and the dollar.
Rishi Sunak expected to take ‘mature’ China stance
At the G20 summit in Sunak called China a “systemic threat”, a subtle change from former PM Liz Truss saying Beijing was a “threat”. Stephen Perry, chairman of the 48 Group Club, an independent …
Dollar edges higher as China COVID worries spur defensive buying
The U.S. dollar started the week on the front foot, boosted by defensive buying as investors remained on edge following a spike in COVID-19 cases in some cities in China that prompted officials to …
US-China relation is the biggest geopolitical risk for business in 2023: Control Risks
Angela Mancini from the Control Risks says there will only be more tension in the U.S.- China relations next year. She adds that the risk of military conflict around Taiwan is much lower however there…
China Withdraws Cash From Banking System as Bond Selloff Cools
China withdrew short-term cash from the financial system for the first time in nearly two weeks, as a selloff in government and corporate bonds eased. The People’s Bank of China net drained 2 billion …
China central bank drains short-term liquidity for first time in 8 days, bond markets recover
China’s central bank drained short-term liquidity from the banking system for the first time in eight days on Monday, as bond markets recovered from a recent sharp selloff. The People’s Bank of China …
ESR’s ARA announces milestone partnership with the Export-Import Bank of China for US$1 billion infrastructure fund
Asia-Pacific (“APAC”)’s largest real asset manager powered by the New Economy, today announced its wholly-owned subsidiary, ARA, has entered into a milestone partnership with the Export–Import Bank of …
China’s imports of Russian oil, gas grow for 7th month
China continued to import more Russian energy in October, with oil and gas shipments both up for a seventh straight month.
China’s Spending on Russian Energy Nears $60 Billion Since War
China continued to boost Russian energy imports last month, as purchases of natural gas, coal, crude oil and oil products increased to nearly $60 billion since the invasion of Ukraine, from about $35 …
Beijing Stock Exchange launches benchmark index as it seeks to lure investors
The Beijing Stock Exchange’s (BSE) benchmark index opened up 2% on its Monday debut as the year-old market tasked with fostering innovative small companies attempts to build liquidity and narrow the …
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