China has imported more iron ore and made more steel so far this year, but it has not been enough to boost a capesize bulker market that has been on the decline, an analyst said.
Monthly Archives For August 2023
US seeks extension to controversial science agreement with China
The United States is seeking a six-month extension to a decades-old science and technology agreement with China so that it can undergo negotiations with Beijing to “strengthen” the pact, the State …
On China’s property mess and its banks’ “impossible trinity”
We’ll send you a myFT Daily Digest email rounding up the latest Property sector news every morning. Plenty of pixels have been devoted to China’s property problems — especially as the grace periods on …
China Is Not In Financial Crisis
Could China’s Digital Yuan Challenge U.S. Dollar Dominance?
While the promise of CBDCs is real, the U.S. dollar is unlikely to be toppled from its position as the global reserve currency anytime soon.
China Clarifies How Businesses Should Account for Data Resources
What’s new: China’s Finance Ministry issued new rules applying business accounting standards to data resources as part of the country’s push to expand the digital economy, which accounts for 17% of …
China And U.S. Lock Horns Over New 122.5% Steel Tariff
The U.S. Department of Commerce levies a 122.5% tariff on Chinese tin plate steel imports, inciting criticism from China. While Germany and Canada face lower tariffs, five other countries, including …
China’s Xi Makes It ‘Next To Impossible’ To Do Business, Hedge Funder Protests
Market Transformation: Once a beacon for foreign capital, China’s pendulum swings towards a party-centric approach, deviating from its historical market-driven narrative, Bass said. “China’s moving …
Nike heads toward record 10th straight losing day as Foot Locker woes, China slowdown hit stock
Shares of Nike fell for the tenth straight day on Wednesday, putting it on track for its longest losing streak since it went public in 1980.
Beijing’s Global Media Offensive: China’s Uneven Campaign to Influence Asia and the World
China’s Uneven Campaign to Influence Asia and the World, CFR’s Joshua Kurlantzick analyzes China’s attempts to become a media, information, and influence …
China risks a debt deflation loop but could avoid a lost decade if it plays its cards right, Morgan Stanley says
“China’s policymakers will need to act forcefully. If they don’t, the economy could fall into a debt deflation loop.” …
China and Russia challenge U.S. influence at summit of non-Western leaders
As China and Russia work to curtail U.S. and Western influence, the BRICS bloc is debating an expansion to increase its power and diminish the dominance of the dollar.
China’s E.V. Graveyards Are an Indictment of Government Policy
A Bloomberg report blames “unconstrained capitalism” for a glut of abandoned electric vehicles. But the industry also received billions of dollars in public funds.
