Described as a “spree” in a monitoring report, China is betting big on coal to solve its power issues while freezing spending on coal infrastructure abroad.
Recent Posts
Where Is Bolshoy Ussuriysky? Island at Heart of Russia-China Border Dispute
Questions about who controlled the island were first raised in 1860, when the border between the nations was drawn along the Amur River.
China’s sluggish economic recovery has weighed on key Club stocks. Here’s why we we’re holding on
China’s long-awaited post-Covid recovery is faltering as the world’s second-largest economy faces growing deflationary pressure, a property-market crisis, sluggish growth and record-high youth …
China’s Xi likely to join Putin in skipping G20 summit next month: report
Chinese President Xi Jinping will not attend the upcoming G20 summit in New Delhi for an unexplained reason, a report says.
China manufacturing: ‘bombed-out’ exports in August see manufacturing stay in contraction for fifth straight month
China’s official manufacturing purchasing managers’ index (PMI) rose slightly to 49.7 in August from 49.3 in July, while the non-manufacturing gauge fell by 0.5 points to 51, according to data …
Shenzhen navigates volatility to serve up dim sum bond
Government’s deal is likely to be the first of many as other Chinese sovereigns and quasi-sovereigns line up offshore renminbi bonds …
China exports of gallium and germanium surged before restrictions took effect in August, report shows
Beijing’s move to ‘safeguard national security’ was seen as retaliation against US and its allies for imposing chip restrictions on China, and led to stockpiling.
China’s Leaders Could Stem the Economic Slide. A Desire for Control Is Getting in the Way.
But Chinese policy makers’ preference for what they deem national security concerns over economic growth suggests that they will probably rely on Keynesian measures or monetary policy shifts to try to …
China’s economy is disappointing investors — and C-suites
While the People’s Bank of China (PBOC) has moved to cut interest rates to stabilize the economy, investors remain wary of putting money to work.
The Download: China’s AI chatbots go public, and how climate change is affecting hurricanes
The news: Baidu, one of China’s leading artificial-intelligence companies, has announced it’s opening up access to its ChatGPT-like large language model, Ernie Bot, to the general public.
China’s biggest homebuilder is fighting for its life. Here’s what you need to know about the real estate crisis
Country Garden was the biggest property developer in China, with more than 3,000 developments spanning the country.
China Lowers Down Payment, Mortgage Rate in Stimulus Push
China’s financial regulators cut the down-payment requirements for first- and second-time home buyers and lowered rates on existing mortgages, another major effort to halt a slump in the country’s residential property market.
U.S. will have to accept China’s growing influence, strength
After wrapping up a recent four-day trip to China, U.S. Treasury Secretary Janet Yellen told a media briefing: “We believe that the world is big enough for both of our countries to thrive.”