Beijing’s drive to export secrecy is an underappreciated dimension of its foreign power projection. China’s emerging global secrecy regime represents a systemic threat to open and accountable governance—and will require a purposeful and sustained response…
Monthly Archives For July 2023
Property stocks spur Hong Kong market rebound as Beijing nudges banks to aid stressed developers while hedge funds return
China asks onshore lenders to extend loan maturity by a year for stressed developers to help them finish projects, deliver homes on time Hedge funds were seen buying back Chinese stocks to cover their …
China’s $103.5 billion bank rout shows who pays price for rescues
A Bloomberg Intelligence stock index of Chinese lenders has tumbled 14 per cent from this year’s high in May. Read more at straitstimes.com.
China property shares rise on financial support policy
Shares of Chinese property developers rose on Tuesday after Chinese regulators extended some policies in a rescue package introduced in November to shore up liquidity in the real estate sector. The …
China needs to do a lot more to move commodity demand: Rakesh Arora
So, people were not very confident that Foxconn is a serious player. And secondly, Vedanta itself is going through a lot of financial issues. They do not have the wherewithal or the funding to be…
China’s Economy Is Slowing. Here’s Why that Matters
This was meant to be the year China’s economy, unshackled from the world’s strictest Covid-19 controls, roared back to help power global growth. Instead, it’s facing a confluence of problems: Sluggish …
FDA Allows More Cancer Drug Imports From China as US Faces Shortages
US regulators are allowing imports of additional supplies of a cancer drug from China amid a nationwide shortage that has forced doctors to ration care, putting patients’ lives at risk.
FDA to import more Chinese cancer drugs amid shortage
The Food and Drug Administration (FDA) is opening the way for more cancer drugs from China as the U.S. continues to deal with an ongoing shortage in key chemotherapy treatments. A spokesperson for …
Chinese Developers Advance After Beijing Extends Support for Property Sector
Chinese developer stocks advanced authorities’ announcement of new loan-relief measures for the embattled real-estate sector.
China’s $77 Billion Bank Rout Shows Who Pays Price for Rescues
Investors in Chinese bank stocks are getting a painful reminder of who’s likely to bear the brunt of government efforts to shore up the embattled real estate sector and revive economic growth.
Yellen offers no concessions in economic push against China
One of her central aims was to promote the fiction that the widespread technology bans are only related to possible military use and not aimed at crippling Chinese economic advances in this area.
Head of crypto firm Circle accepts ban in mainland China, but sees role for yuan-backed stablecoins
Circle co-founder and CEO Jeremy Allaire acknowledged that China is not likely to open up to cryptocurrencies, but said stablecoins could help Beijing in its goal of yuan internationalisation.
Mainland Chinese take advantage of Hong Kong’s crypto grey zones
But the lack of scrutiny of Hong Kong’s OTC shops and their proximity to mainland China, which remained the world’s fourth biggest market for crypto trading in 2022, made it attractive to Chinese …
