Ruben Gallego (D-AZ) and Don Bacon (R-NE) sent a bipartisan letter to two Cabinet secretaries requesting information raising concerns about Iran’s export of oil to China and asking for information about the administration’s plan to…
Recent Posts
China Threat Looms Large for Taiwan Despite Beijing’s Ministerial Chaos
Taiwanese officials say that although Chinese President Xi Jinping hasn’t yet replaced his fired defense minister, his overall military aims remain unchanged.
Beijing eases rules for home buyers
Photo/VCG] Beijing adjusted polices of housing provident fund loans on Wednesday as part of an effort to loosen restrictions on hous …
Record High Short-Term Interest Rates in China Raise Liquidity Alarm Bells
China’s short-term interest rates reached 50%, causing liquidity concerns; People’s Bank may lower the reserve requirement ratio (RRR).
China’s Property Sector Loans Contract for First Time on Record
The outstanding amount of loans to the property sector fell 100 billion yuan to 53.19 trillion yuan ($7.3 trillion) at the end of September compared with the level a year earlier, according to a …
China doubles down on tried, tested infrastructure spending, but is it still the right fit in a debt crisis?
Central financial work conference vowed to set up a long-term mechanism to resolve debt risks on Tuesday after Beijing’s fiscal revision and treasury bond approval last week Analysts say raising the …
China strengthens capital management rules for banks
BEIJING, Nov 1 (Reuters) – China’s financial regulator is beefing up capital rules for banks to combat financial risks, the National Financial Regulatory Administration said in a statement on …
Only Newsom can go to China and embarrass himself this badly
Newsom’s use of the word “situational” is bizarre as an explanation of why genocide should take a back seat to climate change. But what makes it truly embarrassing is that China’s commitments on climate change…
Estée Lauder Lowers Outlook on China Weakness, Israel-Hamas War Risk
Estée Lauder Cos. lowered its full-year outlook citing continued weakness in Asia travel retail and in mainland China, as well as risks to its business from the Israel-Hamas war.
Nvidia wobbles after report says U.S. export rules could force it to cancel over $5 billion worth of advanced chip orders to China
Nvidia has been a beneficiary of the recent boom in AI-related products and the company’s value briefly crossed the $1 trillion mark in late-May.
China In Eurasia Briefing: What Does China Want From The Israel-Hamas War?
As the conflict between Israel and Hamas enters a dangerous new phase, China has pivoted to taking up a peacemaker role amid the war, but what can Beijing realistically achieve?
Halloween revellers throng Shanghai, some wearing costumes seen as a protest to China policies
Halloween revellers thronged central Shanghai late on Tuesday night (Oct 31), with some dressed in costumes that poked fun at China’s strict Covid-19 curbs in a rare showcase of free expression as …
China property: Guangzhou issues housing vouchers to those displaced by renewal efforts in move that could spur demand
Guangzhou has become China’s first tier-1 city to introduce housing vouchers to compensate residents displaced under urban-renewal efforts, a move that analysts say will boost local housing demand and …