China offered no explanation for the sacking of foreign minister Qin Gang on Wednesday, while scrubbing mentions of him from a government website.As of Wednesday morning, any reference to the 57-year-old had been removed from…
Monthly Archives For July 2023
China Property Woes Causing ‘Downward Spiral,’ BofA Says
Winnie Wu, China equity strategist at BofA Securities, discusses the government’s efforts to support the economy and the property market, and the implications for the stock market. China’s Securities Regulatory Commission said Tuesday the country will…
Chinese developer Country Garden bond halted trading after 20% drop – Shenzhen exchange
Trading of Chinese property developer Country Garden Holding’s Shenzhen-listed bond was halted on Wednesday after a more than 20% drop in price, the Shenzhen stock exchange said in a statement. The …
China policy reform to end losses for city-gas firms on household sales
Policy reform in China will boost profit for city-gas distributors by letting them raise prices for residential sales above costs, after years of selling piped gas to households at a loss, according to utility officials…
Typhoon Doksuri lashes Philippines, threatens Taiwan and China
At least one person was killed as Typhoon Doksuri lashed the northern Philippines with strong winds and rain on Wednesday, causing rivers to overflow and leaving thousands without power.
Poor man’s pick in India, valued import for China
Often poor are seen plucking round-shaped leaves of charota or tarota by the roadsides. Relished as a leafy delicacy by the underprivileged which is available free, charota may hardly have any worth …
China’s slow recovery from COVID-19 is no surprise
Sino optimists have ignored the political retardation of the market and that the Chinese state-led economy has only one trick up its sleeve that’s becoming less effective over time.
As US urges China to rein in North Korea, Beijing’s reluctance to act could backfire, analysts say
US Secretary of State Antony Blinken warns if Beijing does not push for denuclearisation, US will expand alliance with Tokyo and Seoul.
Analysis: China policy reform to end losses for city-gas firms on household sales
Policy reform in China will boost profit for city-gas distributors by letting them raise prices for residential sales above costs, after years of selling piped gas to households at a loss, according to utility officials…
Snap Insight: Foreign Minister Qin Gang’s abrupt removal is embarrassing for Beijing and Xi Jinping
After his prolonged absence as the face of Chinese diplomacy, Qin Gang’s ouster has created confusion in how China conducts itself overseas, says foreign policy adviser Christian Le Miere.
What happened to the Chinese travel boom everyone was waiting for? It stayed in China
Rather than a boom, the recovery of international travel in China is likely to be spread out over 2023 and 2024, says Mastercard economist David Mann.
Elon Musk’s X rebrand reignites his goal to turn Twitter into an app like China’s WeChat
Elon Musk officially changed Twitter’s famous bird logo to an “X” in his bid to make the service into “the everything app.” …
China is showing up big for Russia but a Cold War historian says Putin is making a ‘potentially grave error’ and shouldn’t expect the lifeline to last
A Cold War historian argues Putin could be making a mistake by relying too much on Russia’s relationship with China.
ADVERTISEMENT
