After tensions flared between the Philippines and China in the hotly disputed South China Sea in January 2024, a video showing several images of ships in flames resurfaced in social media posts that falsely claimed…
Monthly Archives For January 2024
IMF ups emerging Asia growth forecast, warns of China property risks but says India is a bright spot
The International Monetary Fund remained optimistic on India but warned of risks from China’s deepening property sector crisis.
Swiss bank Lombard Odier cuts China asset allocation amid challenges facing world’s second-biggest economy
Chinese authorities seem unlikely to deliver catalysts that would sustainably reverse negative investor sentiment, senior strategist Homin Lee says. Last week’s market-boosting measures prove …
China issues first development loan under ‘project whitelist’ mechanism – media
The first development loan has been granted under China’s so-called “project whitelist” mechanism, the country’s official Securities Times reported on Wednesday.
China is a greater threat to the US than Russia and that’s why the CIA doubled its budget for it, agency chief says
“While Russia may pose the most immediate challenge, China is the bigger long-term threat,” said CIA director William J. Burns.
What Evergrande’s Collapse Might Mean for Global Business
The long-embattled property developer was finally ordered to liquidate. What comes next will test Western companies’ appetite to keep operating in China.
Why China’s Xi is Pushing ‘High-Quality Development’
When China’s economy was finally unshackled from the world’s strictest Covid-19 controls in late 2022, hopes were high that it would roar back to help power global growth. Instead, the country has …
China ousts top rocket scientist from key political body in widening military purge
China has expelled a leading rocket scientist from its top political advisory body, the latest sign of a widening purge in the Chinese military’s missile force and aerospace contractors.
US and China launch talks on fentanyl trafficking in a sign of cooperation amid differences
The head of a U.S. government delegation to China says that American and Chinese officials have committed to working together to stem the flow of fentanyl into the United States
China bans imports of ruminants animals from Iraq due to bluetongue disease
China has banned the direct and indirect import of ruminants and its related products from Iraq due to an outbreak of bluetongue disease, the General Administration of Customs said.
China’s Property Crisis Marks Sidley’s Time in the Sun, But Will it Really Shake Up the Playing Field?
Outside of China’s property crisis, activity in the restructuring realm has been muted in Asia. But now that Sidley Austin has sewn up the market on China real estate, how will rival firms shape up?
Asian Stocks Slightly Higher But Evergrande Crisis Weigh On Chinese Markets
The stocks markets in the Asia-Pacific region, except the Chinese markets, are up marginally in positive territory on Tuesday, with
UAE dumps US dollar, goes digital Dirham in landmark China agreement
BRICS members China and the UAE completed a cross-border transaction using the new Digital Dirham, which eliminated the need for the US dollar.