It’s a long-running criticism that credit rating agencies are too often too slow to spot a crisis. So their detractors will be unsurprised that Moody’s is only now issuing China with a downgrade …
Monthly Archives For December 2023
China’s exports slump seen slowing as pockets of demand emerge- Reuters poll
Declines in China’s exports likely slowed in November, a Reuters poll showed on Wednesday, amid mixed signs factories in the world’s second-largest economy may be finding their footing after a …
China’s AliExpress vows investment to protect intellectual property of S. Korean brands on its platform
SEOUL, Dec. 6 (Yonhap) — Chinese e-commerce platform AliExpress said Wednesday it plans to invest 10 billion won (US$7.6 million) in South Korea over the next three years to better protect the …
China Focus: China’s new visa-free policy to boost tourism, economic exchanges
The visa-free entry policy is China’s latest effort to boost tourism and economic exchanges. Last month, China expanded its visa-free transit policy to include citizens from Norway for a 72/144-hour …
China’s state planner issues draft rules for coal production reserve system
China will establish a coal production reserve system by 2027 to stabilise prices and ensure sufficient coal supply, according to draft rules issued by the state planner for public comment on …
China state banks selling dollars for second day to support yuan-sources
China’s major state-owned banks were selling U.S. dollars in the onshore spot foreign exchange market for a second day on Wednesday to support the yuan currency, three sources with knowledge of the …
China, US need virtuous financial competition
For China, the intensified international financial competition will increase the risk of disruption to its internal and external economic environment. The country is facing a strategic squeeze that …
Taiwan’s big China ETF bust shows extent of financial decoupling
Taiwan’s economic and financial decoupling from China has deepened with the near-collapse of what was once the world’s largest Chinese bond exchange-traded fund market.
China’s youths throng bargain basements as economy bites: ‘The first floor is too expensive’
But when she does, she heads straight for the basement, scurrying past the first floor flanked by Gucci, Chanel, Louis Vuitton and other luxury outlets.”The first floor is too expensive,” the 26-year-old says.
China raises stakes in cyberscam crackdown in Myanmar, though loopholes remain
China has intensified a crackdown on online scams operated in border areas of Myanmar. The drive has been showcased by confession videos and national TV broadcasts of arrests of high-profile suspects.
China says US Navy ship violated its sovereignty
Posted . China’s military on Monday said a U.S. Navy ship illegally entered waters adjacent to the Second Thomas Shoa
Oil prices fall on China concerns, skepticism on OPEC+ cuts
Oil prices fell in Wednesday Asian morning trading as markets continue to doubt the impact of OPEC+ cuts and take cues from a worsening demand outlook in China.
Chinese brands chart new horizons in global market
At the just-concluded 2023 Boao Forum for Entrepreneurs in Boao, a coastal town in south China’s Hainan Province, Chinese entrepreneurs and experts believe technological innovation empowers Chinese …
