It also highlights, however, how mortgage rate cuts and other measures to aid China’s faltering property sector, hit by a slump in demand and a cash crunch at major developers, ha …
Monthly Archives For February 2023
China calls its Covid response a ‘miracle in human history.’ The data isn’t so clear
China has declared a “major and decisive victory” in its handling of the coronavirus outbreak that swept the country in recent months following an abrupt relaxation of its “zero-Covid” policy late …
Truss calls for Taiwan support to tackle China
Former Prime Minister Liz Truss has called for ties with Taiwan to be boosted to combat threats from China, ahead of May’s G7 summit in Hiroshima. © Reuters. In a speech in Tokyo …
China’s Lenovo posts worst revenue fall in 14 years as PC demand slumps
China’s Lenovo Group Ltd reported a 24% revenue decline for the third quarter, its largest revenue fall in 14 years as global demand for electronics slumped, and said it would look to cut spending and…
China’s Xi plans ‘peace speech’ on Ukraine invasion anniversary, Italy min says
China’s President Xi Jinping will deliver a ‘peace speech’ on the anniversary of Russia’s invasion of Ukraine, Italy’s foreign minister said on Friday, citing top diplomat Wang Yi.
PBOC Governor In Focus as Financial Leadership Reshuffle Nears
Who will lead the People’s Bank of China’s is back in focus as a leadership reshuffle at government agencies and major financial regulators nears.
China set for record crude oil imports in 2023 – analysts
SINGAPORE, Feb 17 (Reuters) – China is expected to import a record amount of crude oil in 2023 due to increased demand for fuel as people travel more following the dismantling of COVID-19 controls and…
Shenzhen announces financial guidance to develop NEV supply chain
Municipalities in China are trying to maintain the EV momentum after the national subsidy program ended last year. Shenzhen just released its financial policies to support the development of a new …
China set to leave lending benchmarks unchanged as economic recovery seen on track
China is widely expected to leave its benchmark lending rates unchanged at the monthly fixing on Monday, a Reuters survey showed, as investors believe the world’s second-largest economy is on track to …
Top Pentagon official to visit Taiwan, report says, amid US-China tensions
Relations between Beijing and Washington have soured since the US accused China of sending a spy balloon into its airspace A top Pentagon official will visit Taiwan in coming days, according to …
Editorial: Japan should carefully consider controls on semiconductor exports to China
China-bound exports of equipment essential for the manufacture of advanced semiconductors are expected to be regulated. At the request of the U.S. gov･･･ …
China takes top spot in global refining capacity but output lags U.S.
China’s oil refining capacity overtook the United States as the world’s largest in 2022, an industry official said on Thursday, though its production of fuel products lagged the United States due to low utilisation rates.
Missing China bank boss is the wrong big deal
The disappearance of Bao Fan is a chilling dampener on the reopening of the world’s second largest economy. China Renaissance’s revelation that it is unable to contact the man who is its founder, …
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