China’s manufacturing activity swung back to growth in August as new orders drove production, a private sector survey showed on Monday, offering a glimmer of hope amid a string of dismal economic data …
Monthly Archives For September 2024
SIU takes on tender billionaire and Ramaphosa in China
procurement during the Covid-19 state of disaster. The SIU accuses businessman Robert Gumede of playing a crucial role in the alleged misconduct, requesting the tribunal to order Gumede, Red Roses, …
China’s sputtering growth engines raise urgency for stimulus
China is considering allowing homeowners to refinance as much … with less than half of budgeted expenditure completed in the first seven months of 2024. On Friday, Finance Minister Lan Fo’an said …
China Property Slump Spurs Local Governments’ Quest for Cash
China’s property crisis has hit local governments hard, drying up a key source of income as land sales crumble. Fiscal reform plans have sparked hope relief is on the way, but economists see little …
India’s growing reliance on China poses challenge for U.S. trade strategy
The United States is looking to Indian manufacturing as a way to reduce commercial ties with Chinese factories and avoid supply disruptions due to tensions.
Silicon Valley Bank exits China joint venture, local partner takes full control
Silicon Valley Bank exited its China join venture, not that it was bought out by a local partner, in the headline and paragraph 3)BEIJING (Reuters) – Silicon Valley Bank’s Chinese joint venture will become a…
India MSMEs affected because of rising imports from China: GTRI
GTRI’s analysis shows increased imports affecting MSMEs in India, particularly in sectors like umbrellas, toys, and fabrics. Between January and June 2024, India faced a $41.9 billion trade deficit …
‘Dark’ tanker crash exposes dangers of China’s thirst for cheap oil
The safety risks, the agency warned, were “real and high.” China does not officially acknowledge that it imports sanctioned oil but defends its trade with countries like Iran. “China conducts normal …
China’s manufacturing output swung back to modest growth in August, private survey finds
China’s factory activity has shown modest growth among smaller manufacturers, as exporting orders offset the weakening domestic consumption.
China warns Japan of retaliation over potential new chip curbs, Bloomberg reports
China has warned severe economic retaliation against Japan if it further restricts sales and servicing of chipmaking equipment to Chinese firms, Bloomberg News reported on Monday, citing people …
Asia markets fall after China manufacturing slumps to 6-month low; real estate drags Hang Seng index
Among the economic data coming out from major markets in the region this week are inflation data from South Korea and Australia’s second-quarter GDP data …
Global impact | China celebrates Deng Xiaoping, but how has ‘true heir’ Xi Jinping taken up the reins?
Global Impact is a weekly curated newsletter featuring a news topic originating in China with a significant macro impact for our newsreaders around the world. Sign up now! Since the death of Chinese …
Q&A: The global ‘trade war’ over China’s booming EV industry
China has strongly opposed the EU’s import duties … Your support helps to strengthen independent journalism, which is critically needed to guide business and policy development for positive impact.
