China’s recent rate cut was unexpected by most analysts since major central banks around the world have been in a cycle of interest rate hikes in recent months.
Recent Posts
Cost of Covid Zero Is Straining Municipal Finances Across China
China’s attempts to stamp out Covid-19 are draining local-government coffers, posing a fresh threat to the economy and bond investors as President Xi Jinping doubles down on his zero-tolerance stance …
China exploiting Ukraine war to warn US of its threats
China is fully exploiting the Russia-Ukraine crisis to warn the United States of its threats — a classic example of “killing the chicken to scare the monkey,” GeoPolitica reports said. From China …
Lib senator drafts crypto bill to regulate stablecoin, digital yuan
A private members bill seeks to create capital requirements for crypto exchanges, a licensing regime for stablecoins, and reporting duties for Chinese banks.
As IPO market languishes in the US, listings head east to booming China
The epicentre of global initial public offering activity has shifted east to China as waves of volatility and slumping stock markets have sent virtually all sizeable listings in the US into limbo.
Biden Says He Warned Xi of Investment Chill If China Backs Putin
President Joe Biden said he warned Chinese President Xi Jinping it would be a “gigantic mistake” to violate sanctions imposed on Russia, but that there’s been no indication that Beijing has provided …
Tycoon running a quarter of China’s copper trade is on the ropes
China’s industrial heartlands and global merchants like Glencore Plc. Now Maike is suffering a liquidity crisis, and He’s empire is under threat. The ripple effects could be felt across the world: the …
Missouri Decision Foreshadows Outcomes of Remaining Coronavirus-Related Suits Against China
The district court’s dismissal of the State of Missouri’s billion-dollar lawsuit against China over its COVID response bodes ill for similar remaining coronavirus-related suits.
China has returned helium-3 from the moon, opening door to future technology
The new mineral is of immense interest to lunar geologists. The helium-3 that it contains has the potential to change the world.
Viral video: China tests ‘flying’ cars using magnetic technology
Cars that can take to the skies have, for a long time, been the stuff of science fiction. Overcoming this technical impossibility and creating one in reality has been attempted on several occasions.
With $968 mn of loans, India surpasses China to become largest lender of Sri Lanka
With a total of $ 968 million in loans in four months of 2022, India has emerged as Sri Lanka’s largest bilateral lender, overtaking China in the process, a media report said.
China’s rice imports jump over 42% in Jan-Aug amid low prices
China’s cumulative imports of rice showed rapid growth during the first eight months of this year, customs data showed on Sunday. The rise in rice imports, which are expected to be mainly used as feed…
China Covid: Quarantine bus crash kills 27 and injures 20
A bus carrying people to a Covid-19 quarantine facility in China has crashed, killing 27 of those on board. The coach overturned on a motorway in the south-western province of Guizhou. Another 20 …