In this new era of strategic competition between China and the West, disengagement is the order of the day. While this trend will impede economic growth, increase business costs (via supply-chain …
FINANCE
China employed ‘Debt Trap Diplomacy’ to gain strategic edge over SL: Think tank
China employed its devious ‘Debt Trap Diplomacy’ to gain a strategic edge over Sri Lanka, an independent foreign policy think tank said on Saturday after Lankan Prime Minister Ranil Wickremesinghe …
Digital Money And Technology: Central Bank Digital Currency And The Case Of China
Opening remarks at Peer-Learning Series on Digital Money/Technology: Central Bank Digital Currency and the Case of China ; By Krishna Srinivasan. D …
Weekly Commentary: Revisiting The Bursting China Bubble
U.S. “tech” Bubble was financed, at the margin, by high-yield debt (telecom, in particular), speculative hedge fund levered finance, and GSE liquidity. Read more.
China Can Widen Deficit to Support Economy: Former Finance Chief
China can consider increasing its budget deficit to provide more support for small businesses battered by Covid outbreaks and weak consumption, a former finance minister suggested on Saturday.Most …
Hong Kong’s Paul Chan Says China’s Economy Will Rebound Quickly
China’s economy is expected to recover quickly after a pandemic-induced hit, said Hong Kong Financial Secretary Paul Chan.
NASA Head Warned China May Try To Claim the Moon. That’s Unlikely.
China became the first country to land a spacecraft on the far side of the Moon, even as China and Russia announced joint plans to reach the lunar south pole by 2026. Some Chinese officials…
METALS-Copper slides on China demand fears and stronger dollar
Copper prices fell on Friday as worries about demand in top consumer China were reinforced by a stronger dollar. Benchmark copper CMCU3 on the London Metal Exchange (LME) was down 1% at $7,743 a tonne…
NASA’s head warned that China may try to claim the Moon – two space scholars explain why that’s unlikely to happen
China and the U.S. both have big plans for the Moon, but there are a number of reasons why no country could actually claim ownership of any land there. 3dScultor/iStock via Getty ImagesNASA …
China’s Consumer Inflation Hits Two-Year High on Pork Rally
China’s consumer prices grew faster than expected in June, partly driven by a rebound in pork prices, although the government’s Covid Zero strategy continued to depress demand. Factory-gate inflation …
US-China talks over delisting stocks hinge on redacted audits
US and Chinese officials have held calls in the past week to further negotiations aimed at keeping about 200 Chinese stocks from losing their listings on New York exchanges, and redactions in auditors …
Hong Kong illustrates the terrible truth about Communist China
July 4, American Independence Day, resonates in the grim “celebration” of the twenty-fifth anniversary of China receiving authority over Hong Kong from Britain. On July 1, China President Xi …
China to implement from September strict new cross-border data transfer rules, complicating operations of international firms
China will implement from September its strict new cross-border data transfer regulation, which is expected to complicate and significantly raise compliance costs for the operations of many …
