China should guard against the risk of falling property prices and a potential crisis if home values start dropping below mortgages, a prominent state-linked economist warned.
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Fitch Rates State Grid Corp of China’s Proposed Notes at ‘A+’
The bonds will be issued by SGCC’s wholly owned subsidiary, State Grid Overseas Investment (BVI) Limited, which was formerly known as State Grid Overseas Investment (2016) Limited, under its US dollar …
China Manufacturing Sector Sinks Into Contraction – Caixin
The manufacturing sector in China fell into contraction in August, the latest survey from Caixin revealed on Wednesday with a …
China’s factory activity contracts for first time since April 2020
China’s factory activity slipped into contraction in August for the first time in nearly 1-1/2 years as COVID-19 containment measures, supply bottlenecks and high raw material prices weighed on output …
Turning from Afghanistan, the US sets focus on China
After two decades of focus on Afghanistan, the United States’ withdrawal this week allows the country to shift its concentration to the east, where superpower rival China is now the number-one …
Standard Chartered and Linklogis to Offer Blockchain based Trade Finance Platform, Olea
Standard Chartered has launched a joint initiative with Linklogis, a supply chain finance tech solution provider from China, in order to provide a blockchain or DLT-powered trade …
National Games: Relief as Hong Kong track and field stars allowed to complete their quarantine at Shenzhen training centre
Athletes given permission to move to training venue upon completion of their two-week isolation after successful talks between HK and Shenzhen officials.
South China Sea: Beijing’s foreign ships move ‘may go the same way as ADIZ’
A new requirement for foreign vessels entering Chinese waters to report ship and cargo information may be difficult to enforce, observers say.
Kerry warns nations are running out of time to decarbonize and challenges China to move away from coal
US Special Envoy for Climate John Kerry said in remarks released Tuesday that he is confident the world’s largest fossil fuel emitters will ultimately decarbonize. But President Joe Biden’s top …
China Set to Begin March to Party Congress With November Meeting
China’s ruling party will convene for the first time in more than a year in November, laying the ground for a twice-a-decade party congress in 2022 that could extend Xi Jinping’s term as leader.
China’s central bank tells major banks to increase loan quota for August – sources
Some major Chinese banks stepped up lending toward the end of August and reduced a backlog in property loans after being advised by the central bank to increase loan quotas for the month, two sources…
Adam Sandler says Netflix asked him to rewrite his new movie so it wasn’t set in China because the company doesn’t do business there
Adam Sandler says the request was made because Netflix is currently unavailable in China. Netflix is also unavailable in Crimea, North Korea, and Syria.
China orders Alipay and other payment apps to report business moves
China will require nonbank payment apps such as Ant Group’s Alipay to report new products and stock market listings to authorities, seeking to regulate a fast-expanding financial technology sector …
