We talked with Jay Shambaugh of the Treasury Department, leader of the most recent U.S.-China Economic Working Group meeting.
Featured Posts Title
China Suspends Some Export Controls on Critical Minerals but Retains Others
China makes trillion-yuan bet on sports to power economic growth
Exclusive-China starts work on easing rare earth export rules but short of Trump hopes, sources say
High stakes on the high seas as US, China test limits of military power
China Is Enemy No. 1 in US Ally’s Anti-Invasion Drills
China’s exports suffer worst downturn since Feb as tariffs hammer US demand
Japan resumes seafood exports to China 2 years after Fukushima wastewater release
Recent Posts
A “temperature check” on U.S.-China economic relations
US President Joe Biden urged to speed up sensitive military exports to Australia, over ‘grave and imminent’ China threat
The White House has been urged to speed up sharing of sensitive military technology with Australia, agreed under the AUKUS deal, so the nations can jointly develop future weapons.
A new era of solar observation: International team produces global maps of coronal magnetic field
For the first time, scientists have taken near-daily measurements of the sun’s global coronal magnetic field, a region of the sun that has only been observed irregularly in the past. The resulting …
The sun’s magnetic field is where the ‘stuff’ is. It can be dangerous.
Scientists have been able to routinely measure the magnetic field on the sun’s surface called the photosphere. Measuring the much dimmer coronal magnetic field has been more difficult, limiting a …
China Market Update: Hong Kong Takes Breather As Fiscal Policy Bazooka Awaits
Asian equities were lower on Middle East tension and a stronger US dollar except for Japan, which rose on a weaker yen as Mainland China is on holiday until next Tuesday. South Korea was closed…
China ready for $1.4 trillion fiscal bazooka, top economist says
China could boost its economy by issuing up to 10 trillion yuan in special debt, according to Jia Kang, former head of a Ministry of Finance-affiliated research institute. He suggests the funds would …
Exclusive-Online Retailer Shein to Hold Roadshows Soon Ahead of London IPO, Sources Say
The China-founded online retailer plans to hold informal roadshows mainly across Europe, one of the sources said, during which an IPO-bound company fields large investors’ questions and tests their …
Economist urges China to sober up after stock rally as boom-bust risk rises
Lu Ting, chief China economist at Japanese investment bank Nomura, says the risk of repeating the boom and bust in 2015 could rise rapidly in the coming weeks.
Big crowds during China’s national day holidays, but more spending not guaranteed
Once prolific shoppers, Chinese consumers have in recent years cut back on spending. Read more at straitstimes.com.
China sets Guinness World Record with over 10,000 drones in Shenzhen light show
The stunning display showcased intricate patterns and cultural landmarks, including a segment titled “Sky City”.
Why China’s massive stimulus effort might not have any effect until next year
China’s latest stimulus package may not be enough to encourage households and businesses to borrow and banks to lend, one researcher says.
China Reacts to Widening Iran-Israel ‘Turmoil’
The death toll from Israel’s relentless bombardment of Gaza has surpassed 41,000, according to Gaza’s health authorities. Oxfam, a confederation of nongovernmental organizations, reported Monday that …
Why China is awash in unwanted milk
Milk is “indispensable for a healthy China and a strong nation”. So said officials in 2018 when they launched a campaign to supercharge the country’s dairy industry. They wanted to boost China’s food …
