Two Chinese Coast Guard officials intercepted a Taiwanese sight-seeing ferry called King Xia with 11 crew and 23 passengers on board on Monday …
Monthly Archives For February 2024
China makes biggest-ever cut to key mortgage rate to bolster housing market
China’s central bank has cut its key mortgage reference rate by a record amount, as it ramps up efforts to stem a prolonged property crisis.
China Protests Due to Labor, Property Issues Rise, Report Says
China experienced a rising number of protests late last year, according to a new report, adding to the worries of officials trying to engineer an economic rebound. Most Read from BloombergLargest …
Lionel Messi defends HK absence as China backlash continues
Messi remained on the bench throughout the match held in Hong Kong, citing injury. State media outlet Global Times accused the footballer and his club Inter Miami of “political motives” with the aim …
China slashes mortgage reference rates to revive property market
China announced its biggest ever reduction in the benchmark mortgage rate on Tuesday, as authorities sought to prop up the struggling property market and broader economy. The 25-basis point cut to the …
Taiwan protests after China boards a tourist boat near Kinmen Island
Taiwan is protesting China’s boarding of a tourist boat as tensions rise around the Kinmen archipelago, which lies just off the Chinese coast but is controlled by Taiwan.
China cuts key interest rate in latest move to boost its ailing property sector
China’s central bank has announced it cut its five-year loan prime rate while leaving its one-year rate unchanged.
China coast guard boards Taiwan tourist boat in escalation of tensions
The incident comes days after a Chinese fishing boat, which was being pursued by Taiwan’s coast guard, capsized killing two …
Fears over China seeking military advantage from ASML tools underlies export blocks, says Dutch trade minister
Fears that ASML’s computer chip equipment will be used for Chinese military ends underlie recent government decisions to deny the company export licences …
Electric Vehicles In China: 10 Key Differences And Why It Matters For The U.S.
America’s electric vehicle industry may have a head start, but China is coming up quickly, penetrating international markets and selling their EVs for less.
China cements grip on tech as Beijing tightens control of economy
The Chinese Communist Party will refine a mechanism through which top decision makers steer technological work. Read more at straitstimes.com.
Taiwan says China triggered ‘panic’ by boarding tourist boat
The boarding of a Taiwanese tourist boat by China’s coast guard near sensitive frontline islands triggered “panic” among Taiwan’s people, a government minister said on Tuesday, but Taiwan’s military …
Tibet Airlines finalises orders for 40 C919, 10 ARJ21 jets from China’s COMAC
China’s Tibet Airlines on Tuesday finalised an order for 40 C919 narrowbody jets and 10 ARJ21 regional jets from Chinese state-owned planemaker COMAC.