Propped up by cheap, state-directed loans, Chinese companies are glutting foreign markets with products they can’t sell at home.Some economists see this China shock pushing inflation down even more …
Monthly Archives For March 2024
China’s annual legislative gathering set to begin on Mar 4 in Beijing
China’s most important political meetings are set to begin next week. More than 5,000 delegates from across the country will gather in Beijing for the annual “Two Sessions” from Monday (Mar 4). Tan Si …
US Lawmaker Flags Surge in Tax-Free Imports From China
Some 1.05 billion shipments entered tax-free under the provision known as the de minimis exemption in 2023, said Mike Gallagher, the Republican chair of the House Select Committee on the Chinese …
Chinese VP calls on China-US business circles to beef up mutual trust
Chinese Vice President Han Zheng on Friday called on the business circles of China and the United States to consolidate the foundation of friendship and mutual trust and expand cooperation areas.
How China’s C919 jet reflects ambitions to skirt US restrictions and soar beyond global leaders
Airbus duopoly in its sights, the maker of China’s home-grown narrowbody plane is touting its advancements in Southeast Asia, but what challenges must be overcome?
China: The “Broker Butcher” Returns
The “Broker Butcher” is back at work in China. Will he clean up financial markets, or simply watch them sink? Wu Qing earned his colorful nickname as head of the China Securities Regulatory Commission …
Moscow Says Russia, China Agree That Russia Must Be Present in Ukraine Talks
Russian Ambassador to Japan Mikhail Yurievich Galuzin speaks during an interview with Reuters, amid Russia’s invasion of Ukraine, at the embassy in Tokyo, Japan, March 17, 2022. REUTERS/Kim Kyung-Hoon …
Trump Vows to Boost Reciprocal Tariffs on Imports If Reelected
Donald Trump said he will impose tit-for-tat tariffs if he is reelected president, reiterating one of his isolationist policy goals that has already raised concern at home and overseas.
Back to business as usual this year for China’s Two Sessions, which start on March 4
The meetings are watched for signals about the direction the government will take in the coming year. Read more at straitstimes.com.
Experts: Renewing US-China science-technology pact would bring mutual confidence
If a science and technology pact between the US and China isn’t renewed, the mutual confidence that sustains and underpins bilateral collaboration is bound to suffer, experts said. “I think the …
The CEO of Yum China Observes That Consumers Are Becoming More ‘rational’ Due to Increased Costs Affecting Dining Budgets
While economists and investors express concerns about China’s low consumer confidence and sluggish economic growth, Yum China’s CEO, Joey Wat, believes that the Chinese consumer has been growing more …
Wall Street Predicts This Crypto Stock Will Rally More Than 100%
Bitcoin (BTCUSD) has come roaring back with a vengeance in 2024, with spot prices surging above $62,000 last week to touch their highest price since late 2021. This rally has been fueled by a …
Majority of scientists think Beijing not open about Covid’s origins
Almost two thirds of UK scientists think China was not open and transparent about the origins of Covid, and more than a quarter think the pandemic leaked from a Chinese lab. However, the majority (67…
