SHANGHAI/SINGAPORE, Aug 18 (Reuters) – China’s central bank made the biggest weekly short-term liquidity injection into the banking system in nearly five months this week. The People’s Bank of China …
Monthly Archives For August 2023
Real reason for China’s war on crypto, 3AC judge’s embarrassing mistake: Asia Express
Sources reveal the real reason China is ramping up efforts to stamp out Bitcoin and crypto. And a year’s worth of 3AC court orders nixed.
Taipei mayor to visit China as tensions simmer with Taiwan
The mayor of Taipei will visit Shanghai at the end of this month for an annual city forum, his office said on Friday, a trip that will take place against the backdrop of frozen ties…
China Evergrande collapse shows need for $1 trillion Beijing rescue plan, says Clocktower strategist
China Evergrande’s bankruptcy filing in New York on Thursday shows a need for Beijing to go big, and soon, to sop up the nation’s soured real estate, …
China Is Desperate to Boost Its Low Birth Rates. It May Have to Accept the New Normal
China’s efforts to lift birth rates, experts say, may be futile. Instead, authorities should focus on boosting automation, immigration, and eldercare.
China’s property troubles aren’t getting better, intensifying calls for bolder policy help
Prospective home buyers are holding back on making purchases, leading to weak sales that compound the urgent need for policymakers to step up support for the industry.
China’s struggling property giant Evergrande files for bankruptcy protection in US
The company’s chapter 15 protection will protect its US assets while it attempts a restructuring deal China’s Evergrande Group, the world’s most heavily indebted property developer and the poster child for the country’s property crisis,…
China’s growing aggression will be in focus as U.S. closes ranks with Japan and South Korea
A U.S. summit with Japan and South Korea will lay out “ambitious” steps to bolster trilateral security ties, a senior Biden administration official said. President Joe Biden will unveil the measures with Japanese Prime Minister…
Evergrande: China property giant files for bankruptcy in US
Property giant Evergrande has filed for bankruptcy protection in the US as the real estate crisis in China deepens. The move comes as problems in China’s property market are adding to concerns about the world’s…
China’s Xi to Attend BRICS Leaders’ Meeting, Visit South Africa – Ministry
BEIJING (Reuters) – China’s President Xi Jinping will attend the BRICS leaders’ meeting and visit South Africa from Aug. 21-24, the Chinese foreign ministry said in a statement on Friday. Copyright 2023 Thomson Reuters.
‘Excessive optimism’: What does China’s sluggish Covid-19 recovery mean for oil and gas players?
Experts tell Upstream China’s oil and gas demand is likely to be affected by broader headwinds, but leading offshore yard president says engineering is holding …
Hong Kong-owned electronics factory shuts down in Shenzhen and lays off workers as economic downturn bites
Xin An Electrical employs hundreds in Shenzhen and according to a notice has been hit by economic headwinds and lower orders.
What China’s big earnings say about the consumer
Corporate earnings releases are picking up on a few bright spots for China’s consumer in a competitive market where people are less willing to spend.
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