The authorities are likely to keep rolling out incentives to support mainland China’s property sector as April’s home sales look set to tank, according to analysts.
Monthly Archives For May 2023
China’s Reopening is a Boon for HSBC
HSBC just posted a record quarter, sending its London-listed shares up 5% in recent trading. China is a big reason why. The lender splits its business into three divisions: commercial lending, …
Exclusive-India, China propose ‘multiple pathways’ on cutting use of fossil fuels-sources
A man walks past a model of G20 logo outside the finance ministry in New Delhi, India, March 1, 2023. REUTERS/Anushree Fadnavis …
GOP rep. warns US over tech making China the most ‘dominating power’ on the planet: ‘It’d be devastating’
If China were to gain control of Taiwan’s semiconductor plant, the market and security outcomes would be “devastating,” Rep. Mike McCaul says from the Milken Institute Conference.
Asia’s LNG imports slip as soft China, Japan outweigh stronger India: Russell
Asia’s imports of liquefied natural gas (LNG) fell in April as major buyers China and Japan trimmed purchases, offsetting small gains among South Asian countries. The total volume of the super-chilled …
Column: China’s manufacturing wobble may drive coal use even higher
China is already on track to emit the most coal-fired power emissions in history in 2023, but may now push coal use up another gear after the manufacturing sector unexpectedly contracted in April …
China leads electric vehicle imports to New Zealand
China leads electric vehicle imports to New Zealand, taking up 58 percent of the share of imports during the 12 months to March 2023, according to data released by the statistics department Stats NZ …
‘All Bets Are Off’—Looming $31.4 Trillion Crypto Price Earthquake Could Be About To Hit Bitcoin And Ethereum
Bitcoin, ethereum and crypto traders are eyeing both the Federal Reserve’s next interest rate decision and the looming $31.4 trillion U.S. debt ceiling crisis that could see the U.S. run out of cash …
Spring break brings China a post-COVID travel boom, and a boost for its shaky economic recovery
While few Chinese are booking trips abroad yet, the country’s domestic hotspots are having to turn people away and driving prices up to meet record demand.
Sinopec strikes oil and gas at extra-deep well in China’s Tarim basin
Sinopec Corp said on Tuesday it had struck sizeable oil and gas flows in an exploration well in the Tarim basin at a depth of 8,591 meters (5.34 miles) below the surface, another breakthrough in…
More than 90% of Apple’s production is still in China. Why Morgan Stanley says that’s a problem.
Morgan Stanley has taken a deep-dive look at what it calls the continuing multipolarization of the tech world. Some companies will fare better than others.
Crypto foes gird to stop mines from ‘spreading like cancer’
With few crypto laws on the books, mining opponents have had to find creative ways to stop the energy-hungry facilities from taking root in their communities.
China has kicked off one of its first long post-pandemic holidays, and an industrial town with cheap barbecue is so popular that authorities are telling people to go elsewhere
Zibo’s vibrant tourism scene mirrors a recovery in the sector in China with 240 million trips expected over the five-day holiday, according to the government-backed China Tourism Academy, per Xinhua.
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