STORY: Reuters was able to confirm the location as the exit of Wuxi East Railway station, Wuxi, Jiangsu, China from the elevator, signboards and building matched file imagery of the area. Reuters was …
Monthly Archives For July 2023
China Is in Default on a Trillion Dollars in Debt to U.S. Bondholders. Will the U.S. Force Repayment?
Every country should pay its sovereign debt. Default, we are told, is not an option. But has anyone told China? The United States pays interest on approximately $850 billion in debt held by the People…
Zambia Debt Deal Could Be a Template for Future Cooperation Between China and the West
In Zambia’s case, there is a contingency in the official creditor deal allowing for the interest rate paid on its debt to rise from a maximum of 2.5% to 4% if the country’s economy outperforms…
China’s AIIB gets major World Bank partnership
An emblematic partnership has surfaced in the global banking sector. The Asian Infrastructure Investment Bank (AIIB), often considered China’s alternative to the World Bank, has initiated a …
Strongest Cryptocurrency – What To Know About Crypto
The definition of Bitcoin is a currency system, while the focus of Ethereum is to create a public chain. The operating system of the blockchain, and most of the blockchain projects are developed and …
Experts warn China, Russia’s growing foothold in Arctic
Fox News’ Jennifer Griffin reports on U.S., China and Russia racing to gain land in the Arctic Region for its natural resources and shortened trade routes.
What Xi’s meeting with ‘old friend’ Kissinger says about US-China relations
We’ve curated insights and reporting to illuminate what Kissinger’s nostalgic visit to China says about US-China ties.
China, fed up with US sanctions, is hitting back with export controls – and more could come
I remember encountering export control in action for the first time when I visited a precision instrument company in Northern Ireland in 2011. The CEO told me there was a huge unmet demand for its…
China and US can still cooperate on climate policy but tech remains tricky, experts say in wake of Kerry visit
Byford Tsang, a senior policy adviser at the think tank E3G, said although technology cooperation between China and the US would be politically challenging, cooperation on policy or sharing best …
China could relax property curbs to boost residential market in the nine mainland cities in the Greater Bay Area, Cushman says
Experts say Beijing may unveil further relaxation measures that could increase residential market transactions in the nine mainland cities in the Greater Bay Area, after volumes slumped in the second …
China to sell US$1.7 billion of government bonds in Hong Kong in August to promote yuan’s internationalisation, tap cheaper money
Beijing will sell 12 billion yuan of offshore bonds as it continues its efforts to promote the yuan internationally Demand for yuan-denominated financial products is rising as countries from Brazil to …
China seeks to boost demand by pushing urban development – state media
China’s cabinet has approved guidelines on transforming underdeveloped areas in megacities, in the government’s latest move to support the economy, state media said on Friday. The post-COVID recovery in China,
China to rate sponsor institutions’ performance in assisting listed firms
China’s two main bourses on Friday issued guidelines for rating the performances of sponsor institutions such as brokerages who help firms list on the exchanges, as part of efforts to battle capital …