China’s central bank cut a key policy rate just one day after announcing several monetary easing measures to boost lending amid concerns that Beijing might miss its official annual growth target this year.
Monthly Archives For September 2024
China threatens sanctions on Calvin Klein owner over Xinjiang cotton boycott
Beijing says it’s investigating fashion retailer PVH Corp, the owner of Calvin Klein and Tommy Hilfiger, for refusing to source cotton from the Xinjiang region, in a move that could lead to sanctions …
DBS moving to raise China securities joint venture stake to 91%, CEO says
DBS Group Chief Executive Piyush Gupta said on Wednesday (Sep 25) it is in the process of increasing ownership in its China securities joint venture to 91 per cent from 51 per cent. The comments…
Beijing’s strategy on Taiwan is not invasion but ‘calibrated increased pressure’: Eurasia Group
Rick Waters, Managing Director of China practice at Eurasia Group, discusses the geopolitical risks in the Taiwan Strait and the South China Sea.
China’s PLA conducts rare publicized test launch of intercontinental ballistic missile
China said on Wednesday it had successfully conducted a rare launch of an intercontinental ballistic missile into the Pacific Ocean, a move likely to raise international concerns about the country’s …
Australia’s treasurer will visit China this week in the latest sign that bilateral ties are mending
Australian Treasurer Jim Chalmers will become the first government minister from Australia in that key economic role to visit China in seven years.
China needs more than rate cuts to boost economic growth
More fiscal support is needed, analysts said, after the PBOC surprised markets by announcing plans to cut a number of rates.
‘We’ve Difficult History With China..,’ Says EAM S Jaishankar On Border Standoff
( MENAFN – Live Mint) Acknowledging India’s “difficult history” with China, External Affairs Minister S. Jaishankar clarified that his statement about 75 percent of the border dispute being resolved refers specifically to the ‘disengagement’ aspect.
China test-fires an intercontinental ballistic missile into the Pacific Ocean
China has test-fired an intercontinental ballistic missile into the Pacific Ocean. The defense ministry said the ICBM launched Wednesday morning carried a dummy warhead and fell into the targeted area.
Beijing’s $114 bln stock market bet rings hollow
China’s leaders will be pleased at the immediate reaction to their latest plan to engineer a stock market recovery. The country’s benchmark CSI 300 Index has climbed about 7% since the People’s Bank …
China’s Soft Sell of Autocracy Is Working
And despite a perception among some Western policymakers and academics that these efforts are tone deaf, China’s external influence operations are more sophisticated, effective, and likely to succeed over the long run than many in…
Zoo to send giant pandas back to China because they’re too expensive to keep
Finland will return two giant pandas to China in November, more than eight years ahead of time, as the zoo where they live can no longer afford their upkeep.
China Launches ICBM With ‘Dummy Warhead’ Into Pacific Ocean
China said it launched an ICBM with “a dummy warhead” into the Pacific Ocean, a rare move that could raise tensions in East Asia.