China expects the total number of passenger trips made by travellers by road, rail, water and flight during the upcoming Lunar New Year to reach 2.1 billion this year, double from last year’s 1.05 …
Monthly Archives For January 2023
China establishes mortgage rate adjustment mechanism for some home buyers
China’s central bank and the banking and insurance regulator have established a dynamic adjustment mechanism on mortgage rates for first-time home buyers, the central bank said on Thursday, in a bid …
China records largest decline in LNG imports in 2022
Volumes last year fell 19% to 64.13 million tonnes as slow economic growth and Covid controls ate into demand growth …
Global Chinese firms try ‘decoupling’ from China as US business climate turns hostile
Public relations specialists note a growing trend of Chinese companies trying to localise their image and operations to remain competitive in the US.
Blockade of Taiwan by China could cost world economy over $2 trillion, report finds
Tensions between the People’s Republic of China (PRC) and Taiwan have ramped up to their highest level in decades over the past year, and a new report warns that more than $2 trillion in global…
With Few Entry Tests, Southeast Asia May Gain Most From China’s Travel Revival
Southeast Asia’s tourist economies are set to be leading beneficiaries of China’s scrapping of travel bans as they have steered clear of the COVID-19 tests before entry that Europe, Japan and the United States have…
US waged war on China’s chips; S Korea, Taiwan felt the fallout
Washington’s bid for self-sufficiency in semiconductors is complicating relations with its tech-savvy partners in Asia.
Can China get its economic miracle back on track?
Beijing needs to break the cycle of pessimism in the country’s domestic economy. Most of all it needs to create the conditions to start new businesses.
China’s new renminbi tactics leave traders guessing
We’ll send you a myFT Daily Digest email rounding up the latest Renminbi news every morning. China is changing its tactics on the renminbi, according to analysts and traders, with a shift away from direct…
Reports China to resume importing Australian coal
There is a possibility of Australian coal being exported to China once again, reports suggest, in the latest indication frosty relations between the two countries are thawing.
Asia Express: China’s NFT market, Moutai metaverse popular but buggy…
China’s new national NFT market, 1,400 blockchain firms operate despite crackdown and Moutai distillery’s metaverse is popular but not good.
How bad is COVID-19 in China right now? World health experts say they’re not getting answers
Data coming after the Chinese government lifted harsh ‘zero COVID’ restrictions is being challenged by the World Health Organization and U.S. President Joe Biden.
CDC has tested wastewater from aircraft amid concerns over Covid-19 surge in China
The US Centers for Disease Control and Prevention has “done some very preliminary work” to do wastewater testing with airlines, Lori Tremmel Freeman, chief executive officer for the National Association of County and City Health…
