China’s GDP growth was disappointing, government debt is high, and its young people are unemployed. So what? Experts have wrongly predicted a China crash for yers.
Monthly Archives For July 2023
South China’s Hainan sees foreign trade surge in H1
HAIKOU – The total import and export of goods in South China’s Hainan province hit 115.16 billion yuan ($16.11 billion) in the first half of this year, up 26.4 percent year-on-year, Haikou Customs …
US halts funding access to Wuhan lab at heart of COVID-19 origins debate
The virus lab at the heart of the contentious debate around COVID-19’s origins has been cut off from U.S. funding opportunities for likely violating National Institutes of Health’s biosafety rules, …
Beijing sees GDP increase 5.5 percent
The district reported that the total revenue of its high-tech enterprises reached 3.8 trillion yuan in 2022, a year-on-year increase of 7.5 percent. The added value of core industries in the digital economy contributed to…
China keeps lending benchmarks unchanged; economic weakness tests policymakers
China left its lending benchmarks unchanged on Thursday, after the central bank stood pat on a key policy rate earlier this week even as signs of a faltering economic recovery called for more stimulus …
Beijing robotics firm ForwardX’s Series C hits $61 million
ForwardX this week announced an additional $30 million in funding, bringing the Beijing-based firm’s Series C up to $61 million. The funding follows an initial tranche announced way back in December 2021.
Morning Bid: China to keep rates on hold … for now
The focus in Asia on Thursday turns to the People’s Bank of China (PBOC). After keeping the rate on maturing medium-term policy loans rolled over this week unchanged, all 26 analysts in a Reuters poll…
ASIA China to keep rates on hold … for now
The focus in Asia on Thursday turns to the People’s Bank of China (PBOC). After keeping the rate on maturing medium-term policy loans rolled over this week unchanged, all 26 analysts in a Reuters poll…
Biden cuts off funding to Wuhan Institute of Virology linked to COVID-19 outbreak: Report
The Biden administration has taken steps to permanently block China’s Wuhan Institute of Virology from receiving funding from the U.S. government after a review found the facility non-compliant with …
Washington and Beijing ‘unstick’ climate talks
The history of relatively open U.S.-China dialogue around climate issues, particularly under Democratic administrations, has been lost in the nations’ heightened military and economic competition. Beijing put the brakes on climate talks with Washington in…
China leans on Kissinger goodwill, but influence ‘diluted,’ expert says
Henry Kissinger continued to make regular trips to China after leaving office, and Beijing has tried to seize on the opportunity to try and drum up positive momentum with the U.S.
China’s Washington envoy warns of retaliation against further US tech curbs
China does not want a trade or tech war but will definitely respond if the United States imposes more curbs on its chip sector, China’s ambassador to Washington said on Wednesday. Ambassador Xie Feng …
China Will Retaliate If the US Puts New Limits on Investment, Envoy Says
China’s government will retaliate if the Biden administration imposes new limits on technology and capital that can flow to the nation, Beijing’s envoy in Washington said.
