Rolling coverage of the latest economic and financial news …
Monthly Archives For December 2023
China faces a significant challenge: it can’t stall the decline in prices
Beijing has called for immediate measures to stimulate demand and forestall a downswing in prices, reports CNN Business. On Friday, China’s high-ranking officials convened in a Political Bureau …
China makes plans to boost domestic and foreign trade
China’s State Council on Monday released a slew of measures designed to help domestic and foreign firms trade, as policymakers strive to shore up economic growth and boost demand.
US Ally the Philippines Under Pressure To Expel China’s Ambassador
Leading voices in Manila want Chinese envoy Huang Xilian sent home over his government’s actions in the South China Sea.
US and Allies Name and Shame China for Bullying at Sea—Full List
Governments in Southeast Asia refrained from joining a coordinated public campaign by the U.S. and a number of other countries in support of the Philippines.
China’s Semiconductor Import Strategy: Navigating Global Restrictions
Revealing China’s strategic, adept approach in skillfully acquiring advanced crucial semiconductor manufacturing systems, despite global export constraints.
Crypto Exchange HTX Hit by $258 Million Outflow After Hack
The HTX exchange, a digital-asset trading platform linked to China-born industry mogul Justin Sun, has suffered a $258 million net outflow since resuming operations after suffering a major hack.
U.S. to Share Missile Secrets With China Under New Proposal
Officials are reportedly working on a plan to build trust on each side by creating “a reciprocal obligation” to inform each other of upcoming missile launches.
Philippines says military chief was aboard ship Chinese vessels rammed, hit with water cannon
The Philippines on Monday called the actions of Chinese vessels against its boats – including one carrying a senior Philippine military official – carrying out South China Sea resupply missions over the weekend a “serious…
China undermining stability in S China Sea, US says
The United States has called out China for interfering in the Philippines’ maritime operations and undermining regional
What It Feels Like to Be the Target of China’s Water Cannons
The Philippines invited journalists on a mission to provide fuel to fishermen in disputed waters of the South China Sea amid tensions between Beijing and Manila.
Philippines summons Chinese envoy over S.China Sea row; US accuses Beijing of undermining regional stability
Philippines’ foreign ministry spokeswoman Teresita Daza said that Manila has filed diplomatic protests and “the Chinese ambassador has also been summoned” amid a rise in tensions in the disputed South China Sea.
China, Philippines Vessels Face Off in Second Day of Clashes
Chinese and Philippine vessels faced off in multiple clashes in the South China Sea over the weekend as tensions continued to escalate between the two countries over maritime territory.
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