Long-simmering tensions between China and its neighbors took center stage on Thursday as leaders of the U.S., Japan and the Philippines met at the White House to push back on Beijing’s stepped-up …
Monthly Archives For April 2024
China’s Ships Sail Near Disputed Islands US Has Pledged To Defend
Observers believe Beijing means to establish the impression of de facto control over the Senkaku Islands, forcing the U.S. to clarify its defense obligations.
China’s exports tumble 7.5% in March and imports also fall as demand slows
Official customs data show China’s exports contracted in March after growing in the first two months of the year.
China launch of relay satellite Queqiao-2 for lunar probe mission successful
China National Space Administration (CNSA) said on Friday its launch of a key signal relay satellite was a “complete success” and it would serve as the communication bridge for its future lunar probe …
Vietnam wants to take China’s place as a new factory of the world — but a $12 billion financial fraud case is getting in the way
Vietnamese real-estate tycoon Truong My Lan was sentenced to death for her role in a $12.5 billion fraud case.
China’s non-financial ODI up 10 pct in first 2 months
China’s non-financial outbound direct investment (ODI) increased 10 percent year-on-year to 149.64 billion yuan (about 21.09 billion U.S. dollars) in the first …
China c.bank set to leave policy rate unchanged, drain some liquidity
China’s central bank is set to leave a key policy rate unchanged when rolling over maturing medium-term loans on Monday, a Reuters survey showed, while a vast majority of respondents also expect some …
Fitch downgrading cannot impede China’s economy
As such, in the short term, Fitch’s downgrading of the credit rating outlook will not have a substantial impact on the Chinese economy. Whatever impact it may have will be in terms of emotion and…
China Exports Slide, Snapping Short-Lived Rebound
China’s exports fell by more than expected in March after a short-lived rebound, casting a shadow over recent signs of recovery in the world’s second-largest economy.
US airlines ask Biden administration to block additional flights to China
The US aviation industry has asked the Biden administration to pause approval of additional flights to and from China, saying Beijing’s “existing harmful anti-competitive policies” hurt American …
Biden warns on Beijing’s South China Sea moves in summit with Japan and Philippines
US, Philippine and Japanese leaders focus on China as meeting in Washington gets under way. Read more at straitstimes.com.
China’s March exports and imports shrink, miss forecasts by big margins
China’s March exports contracted sharply, while imports also unexpectedly shrank, both undershooting market forecasts by big margins, customs data showed on Friday, highlighting the tough task facing …
Volkswagen To Invest $2.7 Billion In China, Add EV Models
Volkswagen said on Thursday it plans to invest $2.7 billion, or 2.5 billion euros, to boost sales in China, the world’s largest auto market, and improve the German automaker’s ability to respond …