China urged fishing boats to seek shelter and farmers to speed up their harvest while Taiwan suspended annual military drills as super typhoon Doksuri spiralled closer to East Asia, potentially reaching deep into China.
Monthly Archives For July 2023
Study finds climate change fingerprints on July heat waves in Europe, China and America
Climate change’s sweaty fingerprints are all over the July heat waves gripping much of the globe. A new study finds these intense and deadly hot spells in the American Southwest and Southern Europe could not…
Morning Bid: Earnings, China hold spotlight ahead of big rates decisions
Earnings and hope for a turning in China’s markets are the prelude to this week’s big central bank decisions.
Chinese stocks pop as Beijing vows more measures to boost weak economy
Chinese stocks soared Tuesday morning as Beijing pledged measures to bolster China’s sputtering economy. On Monday, China’s top leaders vowed to ramp up policy support to boost domestic consumption as …
China’s property shares rally after Beijing pledges economic support
Shares of China’s property developers surged on Tuesday following a sharp selloff in the previous session, after policymakers said they would step up support for the embattled sector.
China vows to ‘adjust and optimize’ property policy in ‘tortuous’ economic recovery
Observers noted that the Politburo dropped the phrase “housing is for living in, not speculation” from its wording on the country’s real estate sector.
China’s H1 year gold consumption up over 16% – state media
China’s gold consumption rose more than 16% year-on-year to 554.88 metric tons in the first half of the year, while output climbed 2.24% to 178.598 metric tons, state media CCTV said on Tuesday, citing a…
China Trade Curbs Had Little Effect on Australia GDP, Study Says
Australia’s economy suffered limited damage from punitive trade actions by China, government research found, as Canberra and Beijing try to negotiate an end to tariffs on Australian barley and wine exports.
Moscow imports $100M worth of drones from China this year
Moscow has already imported $100 million worth of drones from China this year — 30 times more than Ukraine. — Ukrinform.
BYD Widens Lead Over Volkswagen as China’s Top Car Brand on EVs
BYD Co. has widened its lead over Volkswagen AG as China’s top-selling automaker as local buyers continue to flock to its wide range of electric vehicles.
China stimulus hopes help boost Asian markets, Fed in focus
Hong Kong led a surge across most Asian markets Tuesday after Chinese leaders pledged fresh measures to boost the nation’s stuttering economy, building on optimism that central banks were nearing the …
Chinese Developers Jump After Beijing Signals Support for Property Sector
Shares of Chinese developers rose after China’s top leadership pledged more policy support and adjustments to property policy.
Top Lawmaker Suggests China and Russia’s CBDCs Are ‘Compatible’
A leading Russian lawmaker says China and Russia’s CBDCs may be “compatible” and could be used to make international payments between the nations.
