Now that Xi has relented, the worst of China’s housing downturn is probably over. When the government decides to lend its support, the industry is almost certain to stop declining. So it’s time to ask…
Monthly Archives For August 2023
China plans revolutionary blockchain infrastructure system
China plans revolutionary blockchain infrastructure system. A groundbreaking move by the nation that wants to be the world’s frontrunner in blockchain technology, China’s push to establish a …
Tuesday Briefing: Floods Pummel Beijing
Fierce rain and flooding pummeled Beijing yesterday, killing at least two people as the downpour triggered landslides and swept away cars on the city’s outskirts. The authorities issued a red alert for what they warned…
Gallium and germanium: What China’s new move in microchip war means for world
China is due to start restricting exports of two materials key to the semiconductor industry, as the chip war with the US heats up. Under the new controls, special licences will be needed to export…
U.S. Tech Sanctions Against China Are Starting to Bite Hard
There’ve been many shots fired from each side, with each move denying access to either rare earth materials required to build semiconductors (this one leveraged by China) or imports of cutting-edge …
DeSantis pitches economic plan if president: Curtailing China business ties, more
Ron DeSantis on Monday unveiled a broad economic agenda aimed at severing business ties with China, ending “reckless” federal spending and fighting “woke” policies
China alters terms of $2.4B Pakistan loan
Pakistan’s finance minister on Thursday said China has rolled over a $2.4 billion loan for the cash-strapped Islamic nation for two years, a move aimed at helping the country overcome one of its worst …
DeSantis takes aim at China in policy speech
In a new policy plan unveiled Monday, Republican presidential hopeful Ron DeSantis took aim at China with a “Declaration of Economic Independence” that also targets taxes, regulations …
Commerce Secretary Gina Raimondo considering China trip amid tech trade war tensions
Commerce Secretary Gina Raimondo is considering a trip to China while the United States and her department manage an escalating technology war.
China’s Economic Recovery Weakens as Growth Concerns Linger
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.
Ron DeSantis targets China, big business as he rolls out economy plan
Florida Gov. Ron DeSantis said that he is “game” for a Constitutional amendment to ban lockdowns intended to contain pandemics.
Beijing has invested $25.4B in Pakistan over the last decade, Chinese vice premier says
Chinese Vice Premier He Lifeng says Beijing has invested $25.4 billion dollars in Pakistan in the past ten years under the China-Pakistan Economic Corridor, or CPEC package.
China’s property woes continue to mount with another developer posting steep losses
Mass defaults and abandoned projects have become a headwind for China’s struggling economy, with the property sector leading the slump.