China’s southern tech hub Shenzhen city will suspend work, businesses, transportation and markets from Friday afternoon as it braces for the impact of Super Typhoon Saola, the city’s emergency …
Monthly Archives For September 2023
Super Typhoon Saola sweeps towards Hong Kong, Shenzhen
Tens of millions of people across southern China hunkered down Friday as Super Typhoon Saola swept towards the megacities of Hong Kong and Shenzhen, …
China’s Aug factory activity picks up unexpectedly – Caixin PMI
China’s factory activity surprisingly returned to expansion in August, a private-sector survey showed on Friday, with supply, domestic demand and employment improving, suggesting official efforts to …
Top China banks slash deposit rates – Will it help though?
In a desperate attempt to buffer their diminishing margins, five of China’s premier banks recently cut deposit rates. This seemingly coordinated effort appears to be a move towards reviving a …
Super Typhoon Saola sweeps towards southern China megacities
Southern China hunkered down Friday as Super Typhoon Saola barrelled towards finance hub Hong Kong and neighbouring Guangdong province – Copyright AFP Mladen ANTONOVTens of millions of people across …
Inside the downfall of embattled property developer China Evergrande
By Engen Tham, Julie Zhu and Clare Jim SHANGHAI/HONG KONG – In the beginning, Hui Ka Yan followed a simple formula. Borrow to buy land. Sell homes on the site before they are built. Use…
Japan Capex Growth Slows Amid Fears of China’s Slowdown, Tame Consumption
TOKYO (Reuters) – Japanese companies raised spending on plants and equipment in April-June but the pace of annual gains slowed to the lowest in five quarters, the Ministry of Finance (MOF) said on …
China Issues Big Fuel Export Quota as Domestic Demand Peaks
China issued another large quota for fuel exports as refiners look to offset peaking domestic demand with more sales overseas.
China issues new 2023 batch of 15 mln tons of fuel product export quotas
China has issued 15 million metric tons of oil products export quotas to companies in its third batch for 2023, according to three trading sources and two domestic consultancies.
China’s president is ditching the G20 – Details
President Xi Jinping of China is taking a pass on the upcoming G20 summit in New Delhi. It’s a resounding decision that not only punctuates the tenuous dynamics among global powerhouses but also …
China says the best way to ‘de-risk’ is to restore stability with the U.S.
“We believe the best way to ‘de-risk’ is to return to the consensus agreed to by the two heads of state at Bali, return China-U.S. trade relations to a healthy, stable development path,” Shu Jueting,…
U.S. Officials Are Streaming to China. Will Beijing Return the Favor?
Such visits could help convey Beijing’s interest in stabilizing ties with Washington. But China has been noncommittal.
Hong Kong, parts of south China shut down as Super Typhoon Saola nears
The Hong Kong Observatory raised a No. 8 typhoon signal, the third-highest warning under the city’s weather system, early Friday.
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