Leading economic indicators of manufacturing and services activity in China were weak in July, evidence the world’s second biggest economy is losing momentum even as authorities demonstrate limited appetite to reverse the trends.
Monthly Archives For August 2023
China’s Xi calls for combat readiness as PLA marks founding anniversary
After months of intensified and increasingly ambitious drills to project power, Chinese President Xi Jinping, speaking ahead of Tuesday’s 96th anniversary of the People’s Liberation Army (PLA), told China’s armed forces to speed up modernisation.
S. Korea July exports fall the most in over 3 years as China sputters
South Korea’s exports fell more than expected in July and at the steepest pace in more than three years, trade data showed on Tuesday, raising concerns that the downturn may drag on longer than expected…
China imposes export controls on dual-use drones as the US remains the largest export destination
Amid the US military aid to Ukraine and an intensifying technology export restrictions against each other between the US and China, China announced fresh export controls of drones for military use. It …
China’s July factory activity swings back to contraction – Caixin PMI
China’s factory activity swung to contraction in July, a private sector survey showed on Tuesday, with supply, demand and export orders all deteriorating as firms blamed sluggish market conditions at home and abroad.
Military helicopters deliver aid to Beijing flood victims
China deployed military helicopters on Tuesday to deliver supplies to stranded train passengers in Beijing, state media reported, after deadly rainstorms wreaked havoc in the capital.On Tuesday, a military unit of 26 soldiers and four…
China’s Cabinet Urges Cities to Roll Out Property Policies
China’s State Council called on cities to introduce policies to ensure the healthy development of their property markets, adding to the chorus of top policymakers stressing the importance of targeted measures for economic growth.
China remains the world’s largest meat importer – USDA
China has been the world’s largest meat importer since 2019, according to a recent USDA report. Despite recent reductions in imported meat volumes, the country remains in the top spot.
diconium takes off with Philipp Reth as manager in China
Chinese market with the appointment of Philipp Reth (47) as the head of the Chinese market division. In this role, the experienced mobility expert will immediately drive diconium’s business at the …
China expands export controls on drones with military potential
China is imposing export restrictions on locally made drones that have potential for military applications. From September, exporters will require government approval to send the devices overseas, …
China’s equity capital market witnessing green shoots of activity after summer lull, revival is seen come September: BofA
Equity capital market activity in China is about to see a turnaround in the second half of the year after a deal slowdown over summer, a senior Bank of America official said China, which accounted…
Argentina strikes deal with People’s Bank of China to secure US$1.7 billion in yuan for IMF debt
Currency swap to help Buenos Aires make good on US$2.7 billion owed, with remaining US$1 billion balance covered by Development Bank of Latin America No immediate economic benefits for Beijing, but …
Perception of Russia Threat Wanes as Conservatives Drive China Fears
The latest survey of American threat perception is the first time China has topped the list, displacing Russia largely due to conservatives for whom the threat of Vladimir Putin has receded.
