Trump has set his sights on China as the global crypto competition intensifies. China may reenter the crypto space due to its advantages in hardware and electricity. Former President Donald Trump, …
Monthly Archives For July 2024
China cuts 1-year benchmark rate, moving to boost economy as world markets languish
China has ratcheted up its effort to spur slowing growth by cutting a key policy rate and interest paid on bank deposits.
Call Beijing’s Bluff in the South China Sea
Over the past 15 years, China has expanded its once-minimal military presence in the South China Sea into a significant one.
What a Professor’s Firing Shows About Sexual Harassment in China
A top Chinese university described the conduct of a professor accused of sexual harassment as a moral failing, language feminists say downplays harm to women.
Amid Tensions With China, Some US States Are Purging Chinese Companies From Their Investments
Now Malek is touting the Chinese divestment as he seeks reelection in an Aug. 6 Republican primary against challengers who also are denouncing financial connections to China. The Missouri treasurer’s …
China Real Estate Crash Warning; Slowing Economy Have Cascading Global Repercussions
In recent years, the China real estate collapse has become a focal point of global economic discussions. Major real estate firms such as Evergrande and Country Garden, once giants in the industry, …
China central bank surprises by lending again at lower rates
China’s central bank surprised markets for a second time this week by conducting an unscheduled lending operation on Thursday at steeply lower rates, suggesting authorities are trying to provide …
{Hot Stocks}CHINA UNICOM(00762) quoted at HK$7.23, down 3.1%
[ET Net News Agency, 25 July 2024] CHINA UNICOM (00762) fell 3.1% to HK$7.23, dipping below the 20-D SMA of HK$7.31. It hits an intra-day low of HK$7.21, and an intra-day high of HK$7.53. The…
China has ratcheted up its effort to spur growth by cutting a key policy rate and interest on bank deposits
BEIJING (AP) — China has ratcheted up its effort to spur growth by cutting a key policy rate and interest on bank deposits.
Japan’s Honda to close China plant, halt production at another factory
Japan’s Honda Motor will close a factory in China and halt vehicle production at another plant, the automaker said on Thursday, as it seeks to start producing more electric vehicles amid heavy …
Heavy rains hit Beijing
Heavy rains accompanied by strong winds began battering Beijing as the city renewed an orange alert for rainstorms. Hourly precipitation in most parts of the city is expected to exceed 70 mm from 5 p.
China central bank unexpectedly conducts medium-term loan operation, cuts interest rate
China’s central bank unexpectedly conducted a medium-term lending facility (MLF) operation on Thursday and cut the interest rate, following a string of other rate reductions earlier this week. The …
China’s slump hints at a unique liquidity trap
China is awash with money and its growth is slowing. To avert a prolonged stagnation, President Xi Jinping’s administration may need to spend its way out of the problem. Yet this and other classic …
