The entire world economy is at risk from a glut of cheap Chinese exports, France’s Finance Minister Bruno Le Maire said in tandem with a barrage of joint criticism from the Group of Seven. “We…
Monthly Archives For May 2024
China’s Housing Rescue Has a Poor Track Record in Pilot Cities
China’s big housing rescue aims to build on smaller efforts that are already under way – and struggling to get traction.
China’s looming economic stagnation echoes Japan’s lost decade
Economists cited by the American weekly Newsweek assess that the Chinese economy may enter a period of prolonged stagnation. In their opinion, China’s collapse in the real estate market and …
China Evergrande’s EV unit says its liquidators found a potential buyer
The EV unit of embattled real estate developer China Evergrande said liquidators are in talks with a potential buyer who may also extend a new line of credit for production.
China Offloads $74 Billion in U.S. Treasuries Over Seven Months
China has been on a massive dumping spree, selling off $74 billion worth of U.S. treasuries and agency debt over the last seven months. This move is part of a strategy to distance itself from…
In Beijing, Blinken meets Xi and raises US concerns about China’s support for Russia
BEIJING (Reuters) – U.S. Secretary of State Antony Blinken raised concerns on Friday about China’s support for Russia’s military, one of the many issues threatening to sour the recent improvement in …
China cuts exports to Russia amid sanctions fears
In April, they were 13 percent lower, writes Jan Strzelecki, the author of an article published by PIE.
Beijing cannot enforce its law in high seas – DFA
CHINA cannot enforce its domestic law in another state and cannot detain “trespassers” in the South China Sea (SCS) that are also claimed by the Philippines, the Department of Foreign Affairs (DFA) …
China preparing armada of ferries to invade Taiwan
China is preparing an armada of ferries and civilian vessels to invade Taiwan as Beijing steps up its pressure campaign against the island nation.
China Urges South Korea to Maintain Stable, Smooth Supply Chains
China called for South Korea’s help to maintain stable supply chains as the countries began their first three-way summit with Japan since 2019, with Tokyo and Seoul putting pressure on Beijing by drawing closer to…
Beijing, Seoul vow to take ties forward
Premier Li Qiang meets on Sunday with Republic of Korea President Yoon Suk-yeol in Seoul ahead of the ninth Trilateral Summit Meeting among China, Japan and the ROK. SHEN HONG / XINHUA China and the…
Biden extends tariff exemptions on some China imports
President Joe Biden plans to extend tariff exemptions on hundreds of products from China for two weeks as a transition period before reimposing duties on some of them.
Culture Beat: Beijing Dangdai Art Fair embraces diversity
The 6th Beijing Dangdai Art Fair held at the National Agricultural Exhibition Center from May 23 to 26 brought together 122 exhibitors from 14 countries. The event emphasized diversity and cohesion, …
