Companies caught out by China’s decision to restrict exports of some metals widely used in semiconductors and electric vehicles were racing to secure supplies on Tuesday as some industry suppliers …
Monthly Archives For July 2023
Emerging economies are decoupling from China, helping them stay strong despite rising interest rates, market veteran says
Emerging markets are proving to be resilient and less vulnerable to higher interest rates, while facing fresh opportunities after decoupling from China, Ruchir Sharma wrote in The Financial Times. Due to the recent weakness in…
China is in default on a trillion dollars in debt to US bondholders. Will the US force repayment?
Now that the relationship with China has soured and the People’s Republic of China has become the greatest adversarial threat to the U.S. and Western security, policymakers should revisit …
China cancels planned trip by Europe’s top diplomat
“We want to engage with China but we need progress and we need it this year,” Toledo said. This is the second time this year that Borrell’s trip was cancelled. He could not come in…
Tesla, BYD’s China deliveries hit record high in Q2
U.S. automaker Tesla and its chief Chinese rival BYD achieved record deliveries of their China-made vehicles in the second-quarter, China Passenger Car Association (CPCA) data showed, as a fight for …
China restricts exports of high-tech metals in a slap at Washington ahead of Yellen’s visit
China has imposed export curbs on two metals used in computer chips and solar cells, expanding a squabble with Washington over high-tech trade ahead of Treasury Secretary Janet Yellen’s visit to Beiji …
China just played a trump card in the chip war. Are more export curbs coming?
A trade war between China and the United States over the future of semiconductors is escalating. Beijing hit back Monday by playing a trump card: It imposed export controls on two strategic raw …
China’s firms facing longest payment delays among major Asian economies, almost twice as long as Japan
The average payment delay in China fell to 83 days last year, according to a Coface survey, but this was almost twice as long as Japan The payment delay is higher than for firms in…
Top EU diplomat Josep Borrell to visit China, ‘meet Foreign Minister Qin Gang’
Foreign policy chief Josep Borrell is due to arrive on Monday, EU ambassador Jorge Toledo tells Beijing forum China is focusing on EU ties to offset US pressure, but bloc’s ‘de-risking’ push and …
China’s Xi says countries share responsibility to promote growth, opposes decoupling
Chinese President Xi Jinping said Beijing opposes “decoupling and breaking links,” according to a CNBC translation of a Chinese-language state media readout.
Building collapses into raging China floodwaters
A weather alert is in place for large parts of central and southwestern China and thousands of people have been evacuated. A building collapsed into raging floodwaters in Chongqing. Meanwhile, in Henan province, rescuers were…
China’s choice of PBOC party chief signals financial stability worries
China’s appointment of financial technocrat Pan Gongsheng to a top political post at the central bank points to growing concerns within the country’s leadership over systemic risks in its sprawling …
The Geopolitics of Climate Change: China and the United States at the UN Security Council
There is an opportunity for the United States to call China’s bluff as Beijing calls for more climate finance but does not actually provide significant funds.
