Copper prices rose on Tuesday as a major Chinese property firm was able to extend its debt payments, relieving pressure in a the sector that accounts for a large share of metals demand. Country Garden…
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China’s central bank to scrutinise bulk dollar purchases – sources
The central bank has warned some lenders of their huge dollar purchases on behalf of their corporate clients, according one of the other sources.
2023 China Entrepreneurs Summit opens in Jiading, Shanghai
On Sept 9, the 2023 China Entrepreneurs Summit (Shanghai), hosted by the Jiading District Government and Peking University Alumni Association, opened in Jiading, Shanghai. It is the first time that the summit took place in…
China’s ‘Lipstick King’ tearfully apologizes after online spat highlighting country’s economic woes
One of China’s most popular livestreamers has offered a teary apology after getting into a viral online spat in which he questioned whether a viewer had been working “hard enough” to make enough money …
Papal Peace Envoy to Travel to China on Tuesday to Discuss Ukraine Peace – Papers
VATICAN CITY (Reuters) – Papal envoy Cardinal Matteo Zuppi will travel to Beijing on Tuesday in a diplomatic effort to help end the war in Ukraine, some Italian newspapers reported. Cardinal Zuppi is …
Biden’s visit to Vietnam attempts to tighten the noose around China
As Washington prepares for war against China, Biden signs a comprehensive security partnership with Vietnam to strengthen military ties and key strategic supplies of rare earths and semiconductors.
China Stock Traders Load Up on Leverage With New Rule Relaxation
Leveraged China equity positions saw their biggest daily increase in over three years on Monday as new rules took effect that lower the deposit ratio for high-risk trades including short sales.Most …
Australian Business Confidence Defies Higher Rates, China Slowdown
Australian business activity remains resilient despite the vice-like grip that rising mortgage interest rates is applying to
Unrelenting rain causes more than 100 landslides, traps residents in floodwaters in southern China
Days of relentless rain from the remnants of former Typhoon Haikui have caused more than 100 landslides, trapped about 1,360 residents in floodwaters and killed at least seven people in China’s south, …
Putin, China’s Vice President to Discuss High-Level Contacts for End of Year
(Reuters) – Russian President Vladimir Putin and Chinese Vice President Zhang Guoqing will discuss during their meeting bilateral contacts at the “highest-level” by the end of the year, Russian …
China Anti-Graft Chief to Attend Summit With G77 Developing Nations in Cuba
BEIJING (Reuters) – China’s anti-graft watchdog chief Li Xi will attend a summit with the Group of 77 developing nations in Havana, Cuba, from Sept. 14 to 16, the official Xinhua news agency reported …
Beijing claims US citizen jailed for life in China was decorated spy who worked undetected for decades
Beijing claims an American citizen jailed for life in China earlier this year is a decorated spy who had worked for US intelligence for more than three decades, as it ramps up a campaign warning…
China’s business confidence problem
For China, such sentiment is a problem. Headlines in recent weeks have focused on thorny debt problems which have battered the property sector and strained local government coffers. But another …