In 2022, 60 percent of China’s overseas lending went to borrowers in financial distress, compared to just 5 percent in 2010, said Bradley Parks, the executive director of the AidData research group at …
Monthly Archives For February 2023
China, U.S. to Participate in First Meeting of New Debt Roundtable on Feb. 17
WASHINGTON (Reuters) – Officials from China, India, Saudi Arabia and Group of Seven wealthy … the current leader of the Group of 20 finance officials, and comes a week before G20 finance officials …
After zero-Covid: what now for China following massive wave of infection?
A massive wave of infection that struck more than a billion people in China in around a month late last year after it abruptly abandoned its zero-Covid strategy has waned, with experts now expecting a…
New Hotspot Revealed for China’s Army of Spy Balloons
Another official said the balloons are floating over Taiwan on average once per month. Taiwan has detected “dozens” of China’s balloons in recent years, FT reported. The alarming admission comes as tensions mount around the…
China says more than 10 U.S. balloons have flown in its airspace over past year
China on Monday said more than 10 U.S. high-altitude balloons have flown in its airspace during the past year without its permission, following Washington’s accusation that Beijing operates a fleet of surveillance balloons around the…
Ford to build U.S. battery plant with Chinese technology as political tensions rise
Ford announced it will build a $3.5 billion battery factory in Michigan based on Chinese technology, underscoring China’s prominent position in the electric-vehicle industry even as political tensions …
China’s newest attempt to divide the US and Europe over investment and human rights
The Europeans are now where the United States was 25 years ago in the tug-of-war with China over the intersection between business interests and human rights.
Top US, China diplomats weigh first meeting since balloon drama- Bloomberg News
U.S. Secretary of State Antony Blinken is considering a meeting with Chinese Foreign Minister Wang Yi at the Munich Security Conference, in what would be the diplomats’ first face-to-face talks since …
China is ramping up Russian oil imports and Beijing could greenlight even more volumes
Analysts noted China Petroleum and Sinopec could also see an uptick in imports in the coming months. Chinese refiners have maintained a low profile in making purchases of Russian supplies including …
In China, Tesla could win electric vehicle price battle – but lose the war
(Reuters) – Big agricultural and construction equipment manufacturers in the American Midwest are on a mission to lure Silicon Valley tech workers who have …
Foreign CEOs upbeat on China’s market
As China deepens reform and expands high-level opening-up, with its economic recovery gaining pace, foreign investors will only become more upbeat about the Chinese market and are expected to funnel …
Support policies boosting recovery in China’s vital property sector
China’s property sales and housing construction are expected to pick up considerable momentum throughout 2023, inspired by the central government’s steady policy support since late 2022. The sector …
Delays Will Dog China’s Re-Opening Surge
China’s economy is certainly starting the year in an economic … Deliveries were slower, too, indicating continuing supply disruptions. Clearly Chinese business is not anticipating an immediate …
