By Clare Jim, Xie Yu and Davide Barbuscia HONG KONG/NEW YORK (Reuters) – As more Chinese property developers move towards restructuring billions of dollars of debt, their offshore creditors are …
Monthly Archives For October 2023
What Is China’s Type 096? Next Gen Nuclear Submarine Haunting U.S. Navy
The Type 096 will have “profound implications for U.S. undersea security,” the U.S.-based China Maritime Studies Institute said in August.
China’s car sales quicken in Sept; exports rise 50%
BEIJING (Reuters) -Car sales in China increased 4.7 percent in September from the same month a year ago, official data showed, boosted by more people buying discounted and new models ahead of key …
In the News: Data Transfer Rules Loosened; Kyndryl Splits China Business; and Shenzhen Finances Tech Companies
China proposes to allow businesses to transfer certain types of data overseas without restrictions; IBM’s former IT services arm Kyndryl plans to split its China business over data security rules and …
Beijing condemns Taiwan for investigating companies linked to Huawei
Beijing has condemned Taiwan authorities for investigating four Taiwan companies that are allegedly conducting business with firms linked to Huawei.
China’s Advancements in Semiconductor Technology Challenge U.S. Strategy
China’s rapid advancements in semiconductor technology have posed significant challenges to the Biden administration’s efforts to maintain control over the future of computing. While the U.S.
China stimulus hopes, dovish Fed tone lead EM assets to two-week high
Emerging market equities and currencies hit a two-week high on Wednesday as hopes of fresh stimulus from China and a dovish shift in tone from several Federal Reserve policymakers eclipsed geopolitical concerns in the Middle…
There’s something fishy about your seafood. China uses human trafficking to harvest it.
Reporters with The Outlaw Ocean Project uncovered forced labor, debt bondage and other human rights abuses in Chinese seafood operations
China to hold Belt and Road celebration with Putin expected
China announced Wednesday it will host a gathering of foreign leaders next week to celebrate a decade of its Belt and Road infrastructure project, with Russian President Vladimir Putin expected to attend.
China Releases Australian Journalist Three Years After Arrest
Cheng Lei, a host for China’s international broadcaster, was arrested in Beijing at a time of rising tensions with Australia. Her release signals a warming.
New Zealand’s likely next prime minister signals openness to China
The center-right National Party looks set to win the largest share of the vote in New Zealand’s election on Saturday, but it will need to form a coalition to govern.
China saved billions despite record oil imports this year. Here’s how
At a time when rising crude oil prices are causing concerns about global inflation, China’s increased purchases from sanctioned nations have resulted in significant cost savings.
China’s finance ministry to issue 16b yuan of treasury bonds in Hong Kong
BEIJING — China’s Ministry of Finance will issue yuan-denominated treasury bonds worth 16 billion yuan ($2.23 billion) in the Hong Kong Special Administrative Region later this month, the ministry …