Since U.S. Treasury debt powers the entire world financial system, the result could be a massive global economic crisis. If that happens, how well would the world’s second-biggest economy, China, …
Monthly Archives For January 2023
Visa, Mastercard pin hopes on China reopening as travel boom fades
Mastercard Inc and Visa Inc will rely on China reopening to give travel spending a boost, Wall Street analysts said, as the pace of growth in other parts of the world eases from a post-pandemic…
COVID: China Spread an ‘Experiment the Likes of Which None of Us Have Seen’
China’s COVID secrecy and “fairly limited” systemic global monitoring “leads to a perpetual risk of a wider outbreak of infections,” a Stanford professor said.
Potential Covid-19 wave in China does little to dent Chinese New Year festivities
There have been reports of attractions across the country having to turn away visitors due to overcrowding. Read more at straitstimes.com.
In Beijing’s Backyard, U.S. Demonstrates Its Military Might
The group’s commander, Rear Admiral Christopher Sweeney, said the tour was part of a U.S. commitment to uphold freedom of passage in the waters and airspace of a region vital to global trade. “We are…
China owns vast network of UK real estate, offshore records reveal
Presence of key distribution centres on list of more than 250 properties raises questions about grip on supply chain links …
Japan and Netherlands join US tech war with China by restricting chip exports
Japan and the Netherlands are expected to restrict semiconductor chip exports to China, joining the United States in its trade war in an effort to limit the world power’s ability to develop advanced …
Debt ceiling debate: A gift to China’s grand strategy
The U.S. dollar is the global reserve currency and many nations and individuals hold U.S. government debt as the safest of all investments. As a result, the consequences of a U.S. debt default would …
China’s Now the World’s Second-Largest Car Producer As Exports Surge 54 Percent
Industry analysts in China expect the country to export 5.5 million cars in 2030, about half of which will be EVs. Last year, China exported more cars than Germany, which leads the world in exports…
Becoming a ‘Sponge City’ at Shenzhen Speed
Shenzhen is a prime example of China’s Sponge City Program, which aims to both prevent flooding and increase water supply in urban areas.
China’s reopening isn’t all good news. Inflation could get a second wind
China’s swift reopening after nearly three years of strict coronavirus controls could provide a much-needed boost to global economic growth, but may also stoke inflation just as it has shown signs of …
Column: While Dr Copper waits for China, China buys more copper
Doctor Copper has started the new year with a fresh spring in his step as investors bet on a powerful demand boost from China’s post-COVID reopening.
China’s Big Comeback Is Just Getting Started. How to Play It.
The country’s stocks are up 50% since officials rolled back Covid-19 restrictions. Alibaba, Yum China, and other names stand to gain.