China’s central bank issued draft rules on data security management for the bank’s own operations on Monday, as Beijing tightens its grip on data usage and security amid rising geopolitical tensions …
Monthly Archives For July 2023
China c.bank issues draft rules on its data security management
China’s central bank issued draft rules on data security management for the bank’s own operations on Monday, as Beijing tightens its grip on data usage and security amid rising geopolitical tensions …
China central bank sells cash deposits at record low, more easing seen
SHANGHAI/SINGAPORE: China’s central bank sold cash deposits at 2%, the lowest on record, pressured by reductions …
Youthful disillusionment is China’s biggest soft power export
In a society with few outlets for active protest, ‘lying flat’ is the most effective way of standing up to authority and powerful expectations.
Engineering exports to US, EU and China drop in June 2023
The growing trend of friend-shoring and global companies’ China plus policy offer a big opportunity for India to diversify trade, especially to non-traditional markets of Africa and Latin America: EEP …
Forecasters warn Typhoon Doksuri poses risk to Philippines, Taiwan, Hong Kong and China
A growing typhoon is sweeping across the Pacific Ocean toward the Philippines, with forecasters warning it could strengthen into a supertyphoon and press on towards Taiwan, Hong Kong or mainland China later this week.
China has announced a slew of measures to bolster its economy. Here’s what we know so far
Chinese leaders have signaled in recent weeks they are likely to be judicious and targeted in their policy support.
Foreign Business Looks Away From China
Beijing is unhappy about how Western, Japanese, and Korean businesses have become disenchanted with China and have begun looking for alternative investment destinations.
Cathie Wood’s $9 billion flagship Ark fund cut all exposure to China after Beijing started cracking down on Jack Ma
Ma angered Beijing after a critical speech in October 2020, prompting intense regulatory scrutiny of his businesses and a wider tech crackdown.
Chinese Property Giant Country Garden Extends Losses on Debt Worries
SHANGHAI (Reuters) – Shares in China’s property developer Country Garden and its property service arm Country Garden Services Holdings tumbled on Monday, extending losses from the previous week on …
Wall Street cut China’s GDP forecast many times this year. One bank adjusted 6 times
International investment firms have changed their China GDP forecasts nearly every month so far this year, with JPMorgan making six adjustments since January. That’s according to CNBC analysis of the …
Top Taiwan bank looks to South-east Asia in shift from China, boosts Singapore hires
Cathay United Bank’s corporate clients are seeking to diversify supply chains away from China amid geopolitical tensions. Read more at straitstimes.com.
Beijing fears local vehicles for infrastructure finance may tank
Beijing fears that these LGFVs, which have been crucial in funneling investment into infrastructure projects, have dipped too far into this perilous segment of the bond market and may default, …
