Despite China’s astonishingly strong and sustained expansion, the economy is widely considered vulnerable because the growth in output has been underwritten by an even faster increase in debt. This has been particularly true since the…
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China’s economy in the shadow of a trade war
Can China Survive Trade War as Stocks Crawl Into Bear Market?
In this connection, China’s central bank on Jun 24 said it will release as much as 700 billion yuan ($107 billion) into the financial system by reducing the amount of deposits majority of the banks…
US vs China: who prevails in a trade war?
Responding, China released its own list of tariffs … Sponsored by Senator Reed Smoot of Utah, who was chairman of the Senate Finance Committee, and Representative Willis Hawley of Oregon, the chairman of the House…
China’s eerie ghost cities a ‘symptom’ of the country’s economic troubles and housing bubble
… in places that end up being ghost cities because they believe in the ability of the Chinese property market to only go up and up and up,” he said. China’s housing vacancy rates, like…
Leaked report by government think-tank says China should be wary of financial panic
HONG KONG (Reuters) – A government think-tank report that appeared briefly online said that China should be wary of any financial panic stemming from uncertainties, such as bond defaults, tight liquidity and trade frictions with…
China Unicom and Huawei Sign Strategic Partnership Agreement
[June 27, 2018, Shanghai, China] At Mobile World Congress Shanghai (MWC Shanghai) 2018, China Unicom and Huawei held a signing ceremony at the Shanghai’s Kerry Center for a 5G strategic partnership agreement. In attendance and…
Hang Seng China index shows how far the needle has swung from greed to fear
The Hang Seng China Enterprises Index shows how far the needle on China has moved from greed to fear. Back in January, the gauge of Hong Kong-listed Chinese stocks was rising at the fastest pace…
China Mobile, SAIC, and Huawei Demonstrate Intelligent & Connected Vehicles Based on 5G Era LTE
[Shanghai, China, June 27, 2018] During Mobile World Congress (MWC) Shanghai 2018, China Mobile, SAIC, and Huawei jointly demonstrated the application of intelligent & connected vehicles using the low-latency network enabled by 5G Era LTE…
China’s banks embrace Communist Party committees in risk crackdown
“Tighter party discipline doubtless will provide added teeth to the financial crackdown, increasing personal accountability of financial managers,” said James Stent, a former external supervisor at China Everbright Bank (601818.SS) and independent … ( read…
US Defense Sec. meets with Chinese President Xi in Beijing, amid tensions
Beijing (CNN)US Secretary Defense James Mattis met with Chinese President Xi Jinping Wednesday inside the Great Hall of the People in Beijing. Xi said the US-China relationship was among the most important in the world,…
China Mobile marching forward on 5G
China Mobile, the world’s largest mobile carrier by subscribers, said on Wednesday it will establish a 5G fund to promote the development and maturity of fifth-generation mobile communication technology. The plan is part of the…
China Mobile, DOCOMO to Launch eSIM Solution to Enable Cross-Vendor SIM Profile Switching for IoT
China Mobile and NTT DOCOMO announced that they will launch an eSIM solution next month to enable cross-vendor SIM profile switching from DOCOMO to China Mobile. This solution allows DOCOMO customers from Japan with IoT…
Trade war or not, China Inc already reining in American brands
SHANGHAI (Reuters) – As Beijing and Washington veer towards a full-blown trade war, American brands in China face what may be an even bigger threat: local rivals armed with innovative products and the Chinese government’s…