Leaders around the world are questioning how this cooling of relations will impact issues that require global cooperation in the coming years.
Monthly Archives For October 2023
Chinese IPOs Are Cleared For Takeoff, But Will Investors Bite?
The U.S. market has been largely considered a gold standard for listings, and Chinese companies have been courted by U.S. investors.
China’s property sector is facing massive risks and authorities must meet it with ‘forceful action’, IMF says
Beijing has to ensure that troubled developers don’t create risks for the financial system, the IMF said.
Schumer Notes ‘Serious Engagement’ With China’s Xi During Beijing Visit
U.S. Senate Majority Leader Chuck Schumer said on Tuesday there had been “serious engagement” during a meeting between a visiting U.S. bipartisan congressional delegation and Chinese President Xi Jinping.
Country Garden Edges Closer to Default as China Property Woes Worsen
A sprawling and distressed real estate sector continues to weigh on China as the world’s second-largest economy battles a slowdown.
UPDATE 1-Schumer notes ‘serious engagement’ with China’s Xi during Beijing visit
U.S. Senate Majority Leader Chuck Schumer said on Tuesday there had been “serious engagement” during a meeting between a visiting U.S. bipartisan congressional delegation and Chinese President Xi …
China’s top property developer warns it might not repay its international debt
Country Garden, China’s largest property developer, on Tuesday warned it is struggling to repay its overseas debts …
China issues legal guidelines to support private business
China’s highest court on Tuesday issued guidelines to improve the legal environment for private business, state media CCTV said, suggesting renewed efforts by policymakers to support the private sector,
China’s top copper buyers expect a 36% cut in Codelco premium -sources
China’s largest copper buyers expect to pay a premium of around $90 per metric ton next year for Codelco’s metal, 36% below what they are paying this year, four sources with direct knowledge of the…
China’s Didi sets new target for ride-hailing as crackdown ends: report
Insiders warn of a bumpy road ahead for Didi in the face of softening market demand due to weakening economic conditions.
China has said it will ‘look into’ appointing senior official on fentanyl – Schumer
China has said it would “look into” appointing a senior official responsible for the fentanyl issue that has become a major sticking point in U.S.-China relations, U.S. Senate Majority Leader Chuck Schumer said in Beijing…
US-China tech war: RISC-V group says export ban on open-source chip standard would slow innovation
The comments come as a growing group of US lawmakers are calling on the Biden administration to impose export control restrictions around RISC-V, an ingredient to create chips for smartphones or …
China’s real estate, debt crises prompt IMF warning of widening economic damage
Report by International Monetary Fund suggests China’s economy could be facing even more dire straits, and a ‘sharp repricing of assets’ is possible IMF’s assessment comes as calls for reform are …