Chinese investors dump stocks as Beijing’s policies to support economic growth fall short of market expectations but still some analysts expect more support measures will be rolled out later in the year.
Monthly Archives For June 2023
Two more China property developers fail to meet bond repayment obligations, seek advice on resolving defaults
Central China Real Estate and Leading Holdings Group became the latest to default on their debt repayments as China’s property sector’s litany of woes continues with Beijing disappointing expectations …
China’s Property Market Remains Cold Despite Mortgage Rate Cuts
(Yicai Global) June 26 — The Chinese real estate market has remained cold during the three-day Dragon Boat Festival despite cities lowered the floor on mortgage rates for buyers after the central …
China Contends With Weakened Putin After Wagner Mutiny
A once-in-a-generation security crisis in Russia compounded fears in Beijing that a strategic partner central to its global ambitions is not as stable as it hoped, analysts say.
China Smartphone Shipments Back to Double-Digit Growth in May
China’s smartphone shipments jumped 22.6% in May, accelerating sharply from previous months in a positive sign for the country’s struggling mobile device industry.
The U.S.-China Rivalry Is Complicating the World’s Debt Crisis
Suriname, a tiny nation ravaged by recession, inflation and impossible debts, saw its relief held up by superpower politics. It won’t be the only country.
S&P cuts China GDP forecast as calls for stimulus intensify
BEIJING (Reuters) -S&P Global cut its forecast for economic growth in China this year, underscoring the uneven nature of the country’s post-reopening recovery that is spurring more calls for further stimulus.
China downplays Russia turmoil; Taylor Swift presale hiccup; and rain coming to eastern Australia
Officials in Beijing have described aborted rebellion by Wagner group as Moscow’s ‘internal affairs’
What Are The Future Trends to Watch Out For in China? 6 Experts Explain
Six experts explain why global leaders need to understand the intricate China context and what shapes its future. (Yicai Global) June 26 — Our world is in transformation and so is China. On one hand,…
Hong Kong customs makes record HK$1.5 billion seizure of smuggled goods, mostly electronics, bound for mainland China via Singapore
Haul comprises HK$1.2 billion worth of integrated circuits, HK$230 million in used electronics, wine and dried seafood.
US record imports from China in 2020, despite Trump administration’s tariffs
Despite the Trump administration’s tariffs on Chinese goods and the ongoing COVID-19 pandemic, U.S. imports from China are surging as the year 2020 draws to a close, The New York Times reported.
China’s Copper Anode Imports Rose Slightly In April And Are Expected To Continue To Increase in May-June
China’s imports of copper anode stood at 84,900 mt in April 2023, up 5.5% month-on-month but down 14.7% year-on-year. Imports from January to April 2023 totalled 374,300 mt, down 15.95% YoY.
Crypto Week Ahead: All Eyes On Bitcoin’s Latest Price Rally
DeFi’s total volume stands at $3.37 billion, at 10.54 percent of the total market 24-hour volume. In the case of stablecoins, the overall volume stands at $28.7 billion, at 89.81 percent of the total …
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