Some economists argue falling home prices allow families to save less and spend more. But a lack of confidence in growth may be holding back spending.
Monthly Archives For March 2024
Is China Preparing to Lift Its Crypto Ban?
Exploring the contrast between China’s strict crypto ban and the rising interest in Bitcoin, amid speculation of policy shifts.
US Senate bill targeting China’s BGI, WuXi AppTec moves forward
A bill in the U.S. Senate that would restrict business with China’s BGI, WuXi Apptec and other biotech companies on national security grounds faces its first big test in Congress on Wednesday.
Washington’s role in using Manila as pawn draws Beijing flak
Beijing on Wednesday expressed opposition to Washington’s emboldening of Manila’s latest infringements and provocations in the South China Sea, urging the United States not to use the Philippines as a …
China steps up grey-zone warfare to exhaust Taiwan, defence report says
China has stepped up grey-zone warfare against Taiwan, aiming to make the areas around the democratic island “saturated” with balloons, drones and civilian boats, a Taiwan defence ministry report said …
‘Big bullies’: Maldives turns away from India as calculating China woos it with aid
Defence deal signed by islands’ pro-Beijing president has ignited a row with powerful neighbour and benefactor …
BRICS Nations Plan to Develop New Blockchain-Based Payment System, Posing Challenge to Dollar Dominance
BRICS Nations Plan to Develop New Blockchain-Based Payment System, Posing Challenge to Dollar Dominance …
Beijing ‘actively considering’ raising Hong Kong’s duty-free shopping allowance for mainland Chinese tourists
Beijing is “actively considering” raising Hong Kong’s duty-free shopping allowance for mainland Chinese tourists, as proposed by a majority of the city’s representatives attending the country’s …
China’s 5% GDP growth target demands ‘hard work’, leaders insist while flagging hopes and risks
At the ‘two sessions’ parliamentary gatherings in Beijing, officials have broken down what it will take for China to meet an annual economic growth target that many analysts contend is out of reach.
Another key Republican senator has a contentious proposal against Chinese auto imports
Another key Republican senator has a contentious proposal against Chinese auto imports …
China’s ‘two sessions’ 2024: securities regulator comes out swinging at first press conference
New head of China’s securities regulator has promised rigorous enforcement of the law and a firm hand against those who break it in his first press conference.
Former Google AI engineer charged with trade secret theft for China firm
The Justice Department announced the arrest of a former Google AI engineer, alleging he stole information about the company’s advanced technologies with the intention of setting up his own company in …
Ex-Google engineer charged with stealing artificial intelligence technology while working with China-based companies
Ex-Google engineer charged with stealing artificial intelligence technology while working with China-based companies …