An agreement being finalised with Ethiopia’s official bilateral creditors is expected to largely mirror a previous deal with China that suspended debt payments for the fiscal year ending next July, a …
Monthly Archives For November 2023
China Pushes Itself Into a Deflationary Corner
An apparent drop in exports has supposedly compounded China’s economic woes lately. In fact Beijing is selling as much as ever, if not more, volume-wise. It’s the price of exports that’s dropping—8% …
China pushes back on Biden calling Xi a ‘dictator’
China’s Foreign Ministry is pushing back on President Biden calling Chinese President Xi Jinping a “dictator,” telling reporters Thursday it “strongly opposes” the comments, without mentioning Biden …
Biden calls China’s Xi a dictator again, upsetting Beijing after high-stakes meeting
Well, look, he is,” Biden said when asked whether he stands by his assessment that Chinese President Xi Jinping is a dicator.
US-China military hotlines are reopening to prevent things like risky run-ins from triggering a full-blown crisis
Biden announced the resumption of military-to-military communications, which had gone quiet on the Chinese side since last year.
EU’s von der Leyen: China summit aims to achieve level playing field
European Commission President Ursula von der Leyen said on Thursday that a key goal of the EU summit with China in Beijing in December was to achieve a level playing field in trade in light…
Don’t Expect U.S.-China Relations to Get Better
By meeting President Joe Biden in San Francisco yesterday, China’s leader, Xi Jinping, made a tacit, and probably uncomfortable, admission that China still needs the United States, whether he likes it …
China may send new pandas to the US as ‘envoys of friendship’
Chinese leader Xi Jinping suggested that Beijing may send new pandas to the U.S. as “envoys of friendship between the Chinese and American peoples.” …
Why is the crypto market up? Bitcoin nears $38,000
Bitcoin has shown its solid resistance amid the inflation and interest rates that have already affected other financial assets, including the US stock market. The crypto market however is facing a …
Alibaba Beats But Cloud IPO Pulled
Hong Kong was hit with profit-taking, led lower by growth stocks/sectors as neither the Biden-Xi summit nor strong/better-than-expected results from Tencent and JD.com inspired buyers. Hong Kong’s …
Apple CEO Tim Cook pressed by Congress on whether China influenced cancellation of Jon Stewart’s show
House lawmakers have penned a bipartisan letter asking Apple CEO Tim Cook whether China had an impact on the cancelation of Jon Stewart’s AppleTV+ show.
Foreign players in China’s market need to sleep restlessly, says Arnold & Porter’s Claire Reade
Claire Reade, senior counsel at Arnold & Porter and former assistant U.S. Trade Representative for China, joins ‘Squawk on the Street’ to discuss her overall take on the Biden-Xi meeting, what could make the relations…
Tesla’s Elon Musk meets China’s Xi, thanks him for EV industry
Tesla CEO Elon Musk thanked Xi Jinping for the “rapid development of China’s new energy vehicle industry” while at a dinner meeting in San Francisco, Tesla’s Weibo account says.
