Most of Hong Kong and parts of southern China ground to a near standstill as Super Typhoon Saola edged closer Friday.
Monthly Archives For September 2023
Philippines, Taiwan, Malaysia reject China’s latest South China Sea map
China released the map on Monday of its famous U-shaped line covering about 90% of the South China Sea, a source of many of the disputes in the contested waterways.
China’s state banks face profit squeeze as they comply with Beijing’s call for mortgage-rate cuts to aid property market
China’s biggest state-owned banks, mired in bad property loans, now face further downward pressure on profit as they prepare to respond to Beijing’s call to cut mortgage rates and revive the country’s …
China Central Bank to Cut FX Reserves Ratio
The Chinese central bank said it would lower the amount of foreign-exchange deposits banks will have to hold, a move seen as a bid to shore up the yuan.
China property market crisis deepens
On Wednesday, the real estate developer Country Gardens, until recently held up as a model of financial stability, announced that it had made a record loss of 48.9 billion renminbi, the equivalent of …
China’s biggest homebuilder ‘Country Garden’ on verge of financial collapse: Report
China’s largest property developer, Country Garden, said that it faced a loss of USD 7.1 billion in the first six months of the year …
China’s central bank to cut FX reserve ratio
China’s central bank said Friday that it would lower the amount of foreign-exchange deposits banks will have to hold, a move seen as a bid to shore up the yuan.
China’s BYD Adds Second Model to Japan EV Line-Up
YOKOHAMA (Reuters) – China’s BYD on Friday said it will start selling its second electric vehicle model in Japan this month, as it seeks to secure a foothold in a market that has given rise…
Tesla releases refreshed version of Model 3 in China – website
Tesla has released what it called a refreshed version of its Model 3 vehicle in China with a starting price of 259,900 yuan ($35,807.78), the company’s website showed on Friday. Chinese media outlet Cailianshe said…
Geopolitical tension with China would hit U.S. critical technology sectors hard, new study shows
The next major financial crisis is likely to stem from further deterioration between the U.S.-China relationship …
China’s Shenzhen promotes construction of int’l mangrove center
China’s Shenzhen is promoting the construction of an international mangrove center, as part of the country’s efforts in wetlands conservation for high-quality development.
The US, Allies See Opportunity and Risk in China’s Slowing Economy
In China’s current economic travails, US and other Group of Seven nations increasingly see evidence of deep-seated structural problems that ultimately will strengthen the West’s hand against a …
Morning Bid: Asia kicks off September with eyes on Beijing
Asian stocks could start September with a choppy session on Friday, as crucial U.S. economic data showed monthly inflation on the wane, a second take on China manufacturing PMI expected to show modest …
