The top diplomats from South Korea, Japan and China met Sunday to discuss when to resume their leaders’ trilateral summit after a four-year hiatus and how to strengthen cooperation among the three Northeast Asian neighbors.
Monthly Archives For November 2023
China’s central bank sets economy guidelines, local debt risks
China’s central bank on Monday said it will fend off systemic risks to the economy and guide financial institutions to resolve local debt risks, laying out general guidelines for the country’s …
China’s thermal coal imports jump, crowding out India
China’s imports of thermal coal in November are poised to surge to the second-highest monthly total this year, helping drive prices higher for the grades most commonly sought by the world’s biggest …
China’s pneumonia cases: should we be worried?
A surge in unexplained pneumonia cases among children in northern China is triggering fears of another pandemic. The World Health Organization (WHO) last week made an “official request” to Beijing for more information about the…
Taiwan on Alert as Pneumonia Outbreak Spreads in China – TaiwanPlus News
Taiwan’s government is ramping up notices at airports as a pneumonia outbreak spreads in China, where officials have reported multiple respiratory illnesses and a prevailing number of child patients.
‘This is completely crazy’: China hospitals overwhelmed as pneumonia cases surge; WATCH
Reuters reported on Sunday that cases among children were appearing especially high in northern areas like Beijing and Liaoning province, where hospitals were warning of long waits.
China’s industrial profits growth slows, keeps stimulus calls alive
Profits at China’s industrial firms extended gains for a third month in October, albeit at a slower pace, suggesting more policy support from Beijing is needed to help shore up growth in the world’s …
China makes progress on Raptor-like engines for super heavy rocket
China makes progress on Raptor-like engines for super heavy rocket China is progressing with a program to develop full-flow staged-combustion-cycle methane engines to power its reusable Long March 9 …
Global Automakers Turn to China for EV Lessons
Western automakers are looking to China for clues about how to speed up manufacturing and beat back local rivals in the world’s biggest auto market.
Beijing police investigate major Chinese shadow bank Zhongzhi after it says it’s insolvent
Police are investigating a Chinese wealth management company owned by Zhongzhi Enterprise Group days after the firm told investors it was insolvent …
China Scrambles to Contain a Looming Shadow-Bank Meltdown
Chinese authorities are taking more forceful action to contain the growing financial troubles of one of the country’s biggest shadow lenders.
Global bank ranking removes Unicredit and moves up UBS, China banks
The Financial Stability Board (FSB) on Monday removed Italy’s UniCredit from the list of global systemically important banks and moved three banks, including Switzerland’s UBS, up a bucket. The G20’s …
Police Make Arrests at a Giant Shadow-Banking Firm in China
China’s Zhongzhi Enterprise Group has a $31 billion hole in its balance sheet and has missed a series of payments to investors. It gets worse: The company has disclosed that “criminal coe …
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