Beijing is using similar tactics employed during … are based in the already-struggling property, heavy industry, and finance sectors. Country Garden, once the gold standard for Chinese property …
Monthly Archives For September 2023
China’s Country Garden Makes Overdue Dollar-Bond Payments, Narrowly Avoiding Default
The property giant paid $22.5 million in coupons to international bondholders just before the end of a 30-day grace period.
Effects of China slowdown spreading
The situation is being regarded with increasing alarm in the South Korean political establishment and the country’s finance ministry has set up a special task force to monitor the economic situation …
China’s Largest Export Market is Now Much Closer to Home
based on the 12-month moving averages compiled by HSBC Holdings Plc. That puts the 10-nation bloc well ahead of the US and European Union, which have seen a steep drop in imports from China in…
China’s economy is struggling. Still want to emulate it?
Growth is slower than expected, demographic trends are negative, youth unemployment is high, overbuilding has created a housing crisis and government indebtedness is ballooning. These are only a few …
China’s services activity falls in August to its lowest level in eight months
A private survey of business activity in China’s services sector fell to its lowest level in eight months in August, as a flurry of economic stimulus measures seemed unable to reignite consumption …
Yes, There Is a Bull Case for Investing in China
The basic case is that China is cheap. MSCI China, which includes Hong Kong stocks, trades at just 10.8 times the next 12 months’ earnings, about half the 20 times earnings of both the S&P…
Morgan Stanley says China is ‘overinvested,’ but India’s the opposite
China is overinvested, but India has room for opportunities, said Morgan Stanley. “China is overinvested. It’s overleveraged and it’s oversupplied. And then it has this geopolitical cloud over it,” …
Italy Reassures China on Ties Even as It Inches Toward BRI Exit
Italy’s top diplomat tried to reassure China on ties even as Rome looks increasingly likely to withdraw from President’s Xi Jinping’s flagship infrastructure initiative.Most Read from BloombergHuawei …
Baidu CEO says more than 70 large AI language models released in China
More than 70 large artificial intelligence language models with over 1 billion parameters have been released in China, Baidu Inc CEO Robin Li told an industry event in Beijing on Tuesday.
China’s central bank conducts 14-bln-yuan reverse repos
BEIJING, Sept. 5 (Xinhua) — China’s central bank conducted 14 billion yuan (1.95 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Tuesday. The move aims to keep …
China to guide social capital to boost investment in electronic information industry
China will guide social capital to increase investment in the electronic information manufacturing industry, the industry ministry said on Tuesday, citing a joint plan with the finance ministry.
Japan calls for discussion with China on import suspension under RCEP pact
The Japanese government has requested discussions with China regarding the recent suspension of all seafood imports from Japan. This request was based on the provisions of the Regional Comprehensive Economic Partnership,
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