Evergrande has filed for bankruptcy protection and firms covering 40% of Chinese home sales have defaulted …
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China fuels US bond rout by slashing holdings to 14-year low as Washington-Beijing tensions drag on
US Treasury prices have tanked in 2023, with investors fretting about the Federal Reserve’s interest-rate hikes.
China’s small independent developers see local innovation being stifled by Beijing’s new app registration rule
The latest ruling from Beijing that requires all mobile app providers to submit their business details to the government has raised concerns at some independent Chinese software developers, who expect …
China’s Central Bank Looks Uncomfortable With Its Weak Currency
China’s currency is weakening against the U.S. dollar—and the country’s central bank is pushing back. The People’s Bank of China sets a daily reference rate for the yuan, and allows the onshor
A talking monkey is one of China’s most successful cultural exports
Released on Netflix on August 18th, a new animated version of “The Monkey King” is full of bust-ups and slapstick, as Monkey faces down 100 demons and tries to achieve immortality. The film is the…
White House won’t say if Biden family’s China biz is security issue
White House national security adviser Jake Sullivan refused to comment Friday about whether the Biden family’s business ventures in China posed a “national security issue,” as …
US, Japan and South Korea open summit to bolster security over objections of Beijing
President Joe Biden opened a historic summit with Japan and South Korea at Camp David on Friday focused on strengthening security and economic ties at a time of increasing concerns about North Korea’s persistent nuclear…
Top Republican on China threat says White House investment restrictions fall short
Wisc., who chairs the House Select Committee on the CCP, said the executive order should account for public market investments.
Bitcoin Dives 7.6% As Spot ETF Arrival Estimates Are Pushed Back And China’s Growth Outlook Darkens
Forced liquidations in the futures market on Thursday afternoon helped steepen a decline that began earlier in the week.
Red flags waving for tech stocks as AI bounce fades, China fears escalate
As tech companies look forward to big opportunities in AI, this latest earnings season seemed to reveal some cracks in their present-day armor.
60-year anniversary of an unbroken record of China’s medical aid to African countries
After the Covid-19 outbreak, China sent anti-epidemic medical experts or short-term anti-epidemic medical teams to 17 African countries, and guided foreign aid medical teams stationed in more than 40 …
Beijing’s record rainfall
One meter of rain measured in Hebei province, which surrounds Beijing, resulted in areas flooded up to 12 meters in the city of Zhuozhou, according to a Radio France Internationale report. Zhuozhou bore the brunt…
Bond rout keeps stocks under water, China woes give dollar a lift
Global shares were stuck around two-month lows on Friday, capping a week when bond investors became more convinced that interest rates will remain high for longer than initially thought, sending U.S.
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