Fei Xue of the Economist Intelligence Unit says the country has been a laggard in terms of lifting Covid restrictions on social and economic life. Got a confidential news tip? We want to hear from…
FINANCE
Alexandria Ocasio-Cortez & Other House Lawmakers Paid Thousands In Campaign Funds To Chinese Foreign Agent, Financial Records Show
In a surprising development to come as tensions between the United States and China are already at an all-time high, newly released campaign finance records show AOC is one of at least four House …
China reopening spurs returns in emerging market funds
China’s reopening from punitive COVID-related lockdowns last year has invigorated growth prospects across the emerging market landscape, and investors don’t want to miss out on potential gains after …
China calls for multilateral lenders to ease Zambia’s debt burden
Beijing says these financial institutions and ‘predominantly Western commercial lenders’ hold the bulk of the African nation’s foreign debt It comes after World Bank chief David Malpass said China had …
China is paralysing global debt-forgiveness efforts
But the global infrastructure for dealing with irresponsible and unlucky economies is in crisis. China’s lending, growing for two decades, has reached a critical mass. Western financiers are in a …
China’s foreign trade faces ‘extremely severe’ environment on slowing external demand: official
China’s imports and exports are facing an “extremely severe” environment due to the surging risks of global recession and slowing external demand, Li Xingqian, an official at the commerce ministry, …
Opinion: To Capitalize on Reopening, China Needs to Rebuild Foreign Investor Confidence
Recovering the more robust levels of confidence common among foreign investors pre-2019 will now need to be the goal if China seeks to capitalize on its reopening, stabilize and grow levels of inbound …
Defence Budget Hiked 13% To Rs 5.94 Lakh Crore Amid Tensions With China
India proposed on Wednesday Rs 5.94 trillion ($72.6 billion) in defence spending for the 2023-24 financial year, 13% up from the previous period’s initial estimates, aiming to add more fighter jets …
China’s reopening stirs hopes that South Korea can turn around a record trade deficit
South Korea announced a record trade deficit in January, as exports to China tumbled 31.4 per cent and the value of energy imports jumped amid elevated winter demand and high global prices.
Cambodia Seeks More Loans From Beijing Amid Fears of ‘Debt Trap’
Phnom Penh has downplayed the US warning to many countries against taking on large debts under China’s BRI infrastructure strategy …
Permanent Court of Arbitration throws out Beijing-based company’s case against Ghana
The Permanent Court of Arbitration has, in a final award dated January 30, 2023, dismissed an investor-state arbitration instituted by Beijing Everyway Traffic & Lighting Technical Company Limited …
Is this China’s next economic tsar? Central bank visit by He Lifeng ramps up public profile
Signs are increasingly suggesting that the current chairman of China’s top economic planner will be named vice-premier next month Beijing again puts He Lifeng alongside senior cadres during …
China Has Not Done Enough on Sri Lanka Debt Restructuring – U.S. Diplomat
The United States wants China to provide credible and specific assurances to the International Monetary Fund (IMF) along with other creditors to help Sri Lanka unlock a $2.9 billion bailout, a senior …