Chinese financial regulators and the nation’s biggest bad-debt management companies plan to offer as much as 160 billion yuan ($24 billion) of refinancing support to high-quality developers in the …
Monthly Archives For January 2023
China pledges increasing spending on COVID containment -finance ministry
China will also support the use of special local government bonds on building qualified health care projects, as the country is seeing a surge in COVID infections after Beijing abruptly removed string …
China’s Overreach Is Putting Its Economic Rise At Risk
How China Derailed Its Peaceful Rise and was recently my guest on the Top Traders Unplugged podcast. This is an insider’s story full of unintended consequences and irony, with much of the detail …
Ground Zero for EU Air Travel Restrictions after China ends its Zero-Covid policy
After a series of relaxations of China’s zero-tolerance COVID measures at the end of 2022 (the country was practically closed for inbound travellers with most types of visas for almost three years), the Chinese government…
‘Keep Sharing COVID-19 Data With World’: WHO Tells China
The World Health Organization has appealed to China that it keep sharing information about COVID-19 cases after the country revealed that approximately 60,000 people have succumbed to COVID-19 since December 2022.
China’s exports, imports shrink again on softer global demand
Beijing | China’s exports shrank sharply in December as global demand cooled, missing their typical year-end bounce, while imports tumbled again as surging COVID-19 infections and a property …
China’s COVID wave has probably peaked, model suggests
China’s massive COVID-19 outbreak probably peaked in late December, according to a preliminary analysis on the number of infections late last year and data on travel between cities. But public-health experts are frustrated by a…
China’s Latest Source of Unrest: Unpaid ‘Zero Covid’ Workers
Companies that reaped windfalls helping the government implement strict ‘zero Covid’ controls are now struggling to pay and keep workers.
China allows Didi to resume signing up new users as tech crackdown eases
Ride-hailing giant Didi received approval to resume new user registration in China, it said Monday, providing more evidence that Beijing’s regulatory crackdown on tech giants might be coming to an end …
China’s vice foreign minister urges US to open the door to business as Beijing unlocks borders
Xie Feng, China’s next likely US ambassador, appeals for cooperation, not confrontation ‘Certain countries’ competing unfairly against China, Xie says Chinese vice foreign minister Xie Feng has called …
Coronavirus: China’s hospital COVID death data just a tenth of total toll
Using a report from the National School of Development at Peking University that found 64 per cent of the population was infected by mid-January, a report estimated 900,000 people would have died in …
Iron Ore’s Sharp Gains Catch Beijing’s Eye as Traders Summoned
China’s top economic planning body has summoned a group of iron ore traders and asked them to provide details of recent business, a sign that authorities want to head off fresh commodity inflation as the…
Beijing unveils upgraded blockchain application
The upgraded version of the Beijing data directory blockchain China first megacity government blockchain infrastructure has been
