The risk of policy mistakes has increased as China’s authorities try to tackle financial imbalances, including high local government debt, while shifting towards a consumption-led growth model.
Monthly Archives For September 2023
Apple Tumbles, Drags Wall Street Lower as Fears Grow Over China IPhone Curbs
Apple suppliers and companies with large China exposure including Broadcom, Qualcomm and Texas Instruments fell between 1.2% and 2.8%. The iPhone maker’s drop also pulled down the three main U.S.
China names veteran economic planner Yang Yinkai to Communist Party’s top financial policy body
Government website confirms Yang Yinkai is now deputy head of the powerful Central Financial and Economic Affairs Commission’s general office, where he will work under Vice-Premier He Lifeng, his …
China Bans Government Officials from Bringing iPhones and Imported Devices to Work
Follow Financial World on MSN to see more of our exclusive content. US National Security Alert: Huawei’s Mate 60 Pro Chip Raises Eyebrows Amid Sanctions Europe Moves Towards Ensuring Independence from …
China’s renminbi hits 16-year low after exports tumble in August
Trade turbulence and property sector woes, combined with sluggish consumer sentiment, led prices to fall in July. Factory activity slowed for a fifth consecutive month in August. China’s official economic growth target for this year…
Chinese Authorities Takes Down Numerous Crypto-related Influencer Accounts in Accordance with Regulations – Report
Chinese authorities crack down on the crypto space. It was reported that numerous crypto-related social media accounts were taken down.
US Military Targets China’s Backyard with Beijing’s Own Playbook
The U.S. military is looking to develop a port in the Philippines that would give it increased direct access to strategic islands facing Taiwan, it has been reported—a move one expert told Newsweek Beijing will…
After summit joined by China, US and Russia, Indonesia’s leader warns of protracted conflicts
Indonesia’s president has issued a stark warning after wrapping up a summit of Southeast Asian countries that was joined by China, the United States and Russia
China may be behind social media accounts seeking to sway US voters, Microsoft says
A Chinese embassy spokesperson in Washington said that accusations of China using AI to create fake social media accounts were “full of prejudice and malicious speculation” and that China advocates for the safe use of…
China to strengthen iron ore market regulation -state planner
China will strengthen regulation and price analysis on iron ore, and crack down on regulatory violations to maintain market order, the state planner said on Thursday.
Hong Kong and Shenzhen fintech industry groups hold joint event as they seek to boost ties and innovation across the GBA
Two fintech industry groups in Hong Kong and Shenzhen said they will boost links as the two cities seek closer integration, despite challenges in the Greater Bay Area (GBA) such as restrictions on …
Shunning Global Summits, Xi Visits Flood-Stricken Area in Northeast China
Inspecting rice crops and damaged homes in Longwangmiao battered by remnants of the super typhoon Doksuri, Xi skipped an Association of Southeast Asian Nations summit in Indonesia this week. He will …
CEO of fintech giant Ant Group pledges support for digital yuan at Shanghai conference, promotes cross-blockchain use
“Because the biggest feature of the e-CNY is programmability, it can ensure cross-chain communication between the payment blockchain and the business … second time after the first conference in 2020 …
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