China’s rubber-stamp parliament, the National People’s Congress (NPC), began its annual session on Sunday and is expected to unveil the biggest government reshuffle in a decade after setting a modest target for annual economic growth.
Monthly Archives For March 2023
UPDATE 3-Trudeau orders new probes into alleged election interference by China
Despite sparring with Chinese President Xi Jinping over many issues, the Liberal government is seen as open to doing business with China, while the Conservatives are known to take a more hard-line …
Foreign execs, analysts bullish on China; see further opening-up
Deutsche Bank is bullish on the Chinese market and has forecast an above-consensus GDP increase this year. With a fast improving outlook for China and global investors becoming more bullish, Deutsche …
Exclusive: U.S. solar panel imports from China grow, alleviating gridlock, officials say
U.S. imports of solar panels from Chinese suppliers are increasing as customs officials have clarified rules around complying with a new law banning goods made with forced labor, a White House …
Hong Kong-Shanghai-Shenzhen connect lists add 1,000 stocks
The stock exchanges of Shanghai, Shenzhen and Hong Kong expanded their cross-border trading programs by more than 1,000 stocks, almost 40%, and enabled eligible shares of international companies with …
China’s lowest growth target in decades signals new era of caution
China’s political leadership set a gloomy projection for growth in the world’s second-largest economy this weekend, despite the buzz of optimism following three years of closures during the …
How Local Financing Is Adding to China’s Risky Debt
Cracks are showing in a pillar of China’s debt market: local government financing vehicles (LGFVs). They were created to fund such things as municipal infrastructure and, because they rarely generate …
China Jan-Feb trade likely contracted again as global economy slowed
Commerce Minister Wang Wentao warned on Friday that downward pressure on the country’s imports and exports would increase significantly this year as the risk of a global recession and, with it, …
The US is still approving export licenses for blacklisted firms from China, including Huawei and SMIC
The US Commerce Department, via its BIS agency, has over 639 entities from China on its trade blacklist known as the “Entity List.” …
China would pay a ‘significant price’ if it provides aid to Russia: Dan Hoffman
Former CIA station chief Dan Hoffman weighs in on House Speaker Kevin McCarthy’s reported meeting with the president of Taiwan and growing concerns over Russia and China’s relationship on ‘Your World.
U.S. solar panel imports from China grow, alleviating gridlock, officials say
(Reuters) – U.S. imports of solar panels from Chinese suppliers are increasing as customs officials have clarified rules around complying with a new law banning goods made with forced labor, a White …
China outpacing US in critical tech research ‘should be a wake up call’: report
In a new report, the Australian Strategic Policy Institute says China is outpacing the US in 37 out of 44 critical technology research areas.
China Sets Lowest Economic Growth Target in Three Decades
China’s 2023 economic growth forecast, its lowest in three decades, erodes optimism sparked by the economy’s reopening from pandemic restrictions.
