However, the people of China can afford to buy these extremely … a down payment on a home — which is the most important financial transaction that many Chinese will ever make.
Monthly Archives For September 2023
China property crisis: Country Garden faces reckoning as sluggish economy, bets on smaller cities unravel
In the second of a two-part series on the crisis surrounding Country Garden, we look at how a company considered one of China’s most stable developers is now struggling to navigate a slumping property …
From Banking Giants to Tech Darlings, China Reveals Over 500 Enterprise Blockchain Projects
As President Xi Jinping called on his countrymen to seize opportunities in distributed ledger technology, China’s industry heavyweights were already leading hundreds of enterprise blockchain …
Shenzhen Duty-Free and Camus partner in Haikou golf tournament as ‘Duty Free +’ concept gains momentum
Duty free shopping should not be considered in isolation but as part of a wider tourism experience, says the Times DF Haikou Mission Hills retailer after a successful collaboration with the famed …
Beijing says it would welcome a visit by US senators next month
Senate majority leader Charles Schumer is reportedly planning a bipartisan delegation, which would be the first congressional trip to mainland China in four years.
How Beijing is using ‘fishing militia’ to assert its claims in the South China Sea
Fishing boats joined a coastguard vessel in latest confrontation with the Philippines near Second Thomas Shoal There is concern that China is blurring the lines between civilian and military forces to …
China and US set up finance, economic discussion channels after talks to ease trade tensions
The working groups were set up following talks between US Treasury chief Janet Yellen and Chinese vice-premier He Lifeng.
China considers easing tariffs on Australian wine for first time since Covid-19 pandemic
Australia is on its way to solving a painful dispute with China that has gutted our $1.2 billion wine trade with the country.
Calls for China to cut US Treasuries persist despite 14-year low
At a summit in Shanghai, an academic has echoed some of his peers by recommending the dumping of US Treasuries – a move that they say would help ensure the safety of China’s overseas assets.
Honda JV becomes the first foreign partnership to launch a new EV brand in China
Although several automakers, including Volkswagen, Toyota, and others, have joint ventures in China that have launched electric cars, Honda’s JV launched an entirely new EV brand. Dongfeng-Honda said …
Japan Says It Can’t Cut China Out of Economy Amid Rising Military Tensions
“I think we need them, and they need us,” Japanese Foreign Ministry deputy spokesperson Okano Yukiko told Newsweek.
U.S., China agree to forge new economic, financial dialogues
The Treasury Dept. announced two new working groups to discuss economic and financial issues with China, a tentative sign that communication is improving.
U.S., China establish economic dialogue framework to ease tensions
the United States and China have formed a new framework for regular economic dialogue, announced by the US Treasury Department on Friday. The two largest economies in the world have agreed to establish economic and…
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