China existing housing inventory, along with the those currently under construction, could take up to 12 years to fully clear, according to one China economist.
NEWS
World’s largest oil producer plans to deepen its push into China
Saudi energy giant Aramco, the world’s largest integrated oil and gas company, could be upping is planning to up its investment stake in its Chinese partner, as it expands its investments footprint in …
China’s Slumping Stocks Need Help From Beijing. Don’t Count On It.
Economists and analysts see little sign Beijing is willing to take aggressive steps to restore confidence in the economy.
‘Like Waiting for Godot’: investors hope for China turnaround in new year
“It’s like ‘Waiting for Godot’,” said Alain Bokobza, head of global asset allocation at Société Générale, leaning on Samuel Beckett’s absurdist play of the same name to describe the many false dawns …
Taiwan will publish analysis of China’s alleged election interference post vote
Taiwan is documenting its experiences with China’s alleged attempts to interfere in elections next week and will publish its analysis soon after the vote. Taiwan’s government has pointed to military …
China’s Dec services activity expands at quickest pace in 5 months – Caixin PMI
China’s services activity expanded at the fastest pace in five months thanks to a solid rise in new business, a private-sector survey showed on Thursday, lifting the degree of optimism in the sector …
China’s Film Industry Sees Impressive Recovery, Hits $7.7 Billion Box Office
According to the China Film Bureau, on the 2nd, the box office revenue of Chinese films last year recorded 54.915 billion yuan (approximately $7.7 billion). This is a sharp increase compared to …
Wild Video Shows Debris From a Chinese Satellite Raining Down Near Residential Homes in Beijing
Debris from a Chinese satellite launched last week came raining down from the sky, causing chaos on the ground in Beijing. On Christmas, the China National Space Administration launched two satellites …
U.S. recession still a threat; China growth stalls, and other 2024 growth risks
PROJECT SYNDICATE 2024 is poised to be yet another tumultuous year for the global economy. The global economy was full of surprises in 2023. Despite the sharp rise in interest rates, the United States …
China’s BYD Is Rivaling Tesla in Size. Can It Also Match Its Global Reach?
A less flashy Chinese electric vehicle maker is fast closing the gap with Tesla, the longtime, market-leading pioneer …
China surveillance missions spotted in the sky over Taiwan
Taiwanese defense officials have confirmed the presence of several Chinese spy flights over the island’s airspace just days before the country’s presidential election.
China conducts patrols in South China Sea amid ongoing run-ins
China’s military will conduct routine patrols with its naval and air forces in the South China Sea from Wednesday to Thursday, the military’s Southern Theater Command said, as ongoing tensions simmer …
Covid-19 vaccines given by China as grant expire unused
A total of 40,000 vaccines provided by the Chinese government as a grant to the Government of Nepal have expired without being administered due to unsuitability for use in the country.