As droughts loom, China is planning ambitious new water infrastructure projects in hope that moving more of the precious liquid across the country will mitigate the impact of climate change – but experts warn more…
Monthly Archives For June 2023
As New Zealand reshapes ties with China, foreign interference must be brought out of the shadows
Prime minister Chris Hipkins’ upcoming visit to China comes as New Zealand wrestles with how to prevent interference by the superpower and other states
One of China’s Top Hedge Funds Unwinds Bet on Property Rebound
A top-performing Chinese macro hedge fund has slashed its holdings in property stocks, as their declines hurt returns just two months after predicting a major rebound in the sector. Most Read from BloombergElizabeth Holmes Objects…
Demand grows for Asian investment products that exclude China
Global fund managers say they are rushing to meet client demand for new Asian investment products that exclude China, as investor appetite for the region’s largest economy is hit by slowing growth and …
China’s central bank cuts seven-day reverse repo rate for the first time since August
T he People’s Bank of China cut its seven-day reverse repurchase rate by 10 basis points from 2% to 1.9%, according to a central bank release, injecting 2 billion yuan ($279.97 million) through its …
South Korea-Japan rapprochement stokes alarm in Beijing
The announcement, which followed a diplomatic breakthrough between Seoul and Tokyo this year, risks stoking anger in Beijing, which has discouraged South Korea from closer economic and defence ties with the US and Japan —…
The scarcity of water is emerging as a global economic threat. With China and India looking the most impacted
India, now the world’s most populous nation, will be the hardest hit from water scarcity. Despite holding 18% of the world’s population, it only has enough water resources for 4% of its people, hence making…
Biden admin confident it can protect America’s secrets after reports of China spy base in Cuba
The Biden administration is confident it can keep America’s secrets amid reports of a Chinese spy base in Cuba. John Kirby criticized those who leaked the story to the media.
Hong Kong’s role as China’s only global financial hub must be cherished and protected
In the Global Financial Centres Index, Shanghai is ahead of Sydney, Seoul, Tokyo, Frankfurt and Mumbai, but still below New York, London, Singapore and Hong Kong Economic and trade power is not enough …
China complains to S. Korean ambassador after Seoul summoned Beijing’s envoy
BEIJING–A Chinese official lodged a complaint with South Korea’s ambassador to China, in a tit-for-tat move after Beijing’s envoy to South Korea was summoned last week over his comments accusing Seoul of tilting toward the…
Himalaya Airlines to resume Beijing flights after a hiatus of three years
An employee of the company said that Himalaya Airlines is preparing to make one flight a week to this destination starting from June 24. “We will initially conduct one flight a week and gradually increase…
Is the U.S. Military in an Arms Race for Alien Tech with Russia and China?
The story of aliens visiting the United States and the Pentagon being in possession of exotic technologies from other worlds might only be a cover story.
BYD & Huaihai planning Na-ion battery factory in China
BYD is going to set up a production facility for sodium-ion batteries in China. In cooperation with the Huaihai Holding Group, BYD wants to become the world’s largest supplier of sodium battery systems for small…
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