In part, that is because of price controls which many Chinese cities imposed on housing over the past two years to keep values stable. Now China is starting to loosen the rules—with unpredictable …
Monthly Archives For September 2023
China may boost Oct fuel exports on robust margins, flight recovery
China’s oil products exports are set to rise in October as state-owned refiners capitalise on lucrative margins and some western demand, while international flights recover, industry sources and analysts said.
Fauci secretly went to CIA HQ to ‘influence’ COVID-19 origins probe, House Republican alleges
Dr. Anthony Fauci was secretly “escorted” to CIA headquarters where he attempted to “influence” the outcome of the agency’s investigations into the origins of COVID-19 during the pandemic, the …
China’s economic slowdown: Beijing is ‘not as alarmed’ as many people are, economist says
Louis Kuijs, chief Asia economist at S&P Global Ratings, says that’s why “we’ve seen that piecemeal manner in which they are looking at supporting the economy.”
China’s property crisis could take up to a decade to fix, warns an economist who was censored for his bearish views on the economy
China’s property sector, along with related industries, contributes as much as 30% to the country’s GDP.
China Evergrande’s Chairman Hui is under police surveillance – Bloomberg News
Hui Ka Yan, the chairman of China Evergrande Group , has been placed under police surveillance, Bloomberg News reported on Wednesday, citing people with knowledge of the matter.
US to indefinitely extend China waiver for South Korean chipmakers -Yonhap
The U.S. is expected to indefinitely extend a waiver granted to South Korean chipmakers Samsung Electronics and SK Hynix on needing licenses to bring U.S. chip equipment into China, Yonhap news agency reported on Wednesday.
China’s central bank to use ‘precise, forceful’ policy to bolster recovery
China’s central bank said on Wednesday it would step up policy adjustments and implement monetary policy in a “precise and forceful” manner to support the economic recovery.The People’s Bank of China …
House Oversight Republicans say new bank subpoena shows Hunter Biden listed father’s Wilmington house in wires with China
The Republican-led House Oversight Committee subpoenaed a bank for Hunter Biden’s records and obtained two wire transfers from Chinese nationals to Hunter Biden in 2019 that listed President Joe Biden …
China’s funding round to boost chip industry struggling to raise target of $41 bln – FT
The funding round launched by China to support its semiconductor industry is struggling in the initial phases to raise its target of 300 billion yuan ($41.1 billion), with the difficult economic …
China’s Industrial Profits Extend Slump for Jan-Aug, but Pace of Downturn Eases
BEIJING (Reuters) – Profits at China’s industrial firms extended a double-digit drop for the first eight months, but the pace of declines eased slightly as a flurry of policy support steps has started …
How China’s cosmetics boom is leaving foreign brands behind
China’s cosmetics industry is thriving, but foreign brands face regulatory barriers and animal testing requirements that hinder their entry and expans …
China Enforces New Filing Rules on Smartphone App Stores
A total of 26 app stores operated by companies including Tencent, Huawei, Ant Group, Baidu, Xiaomi and Samsung have submitted filings to the authority, according to the Cyberspace Administration of …
