One of China’s largest private wealth managers is triggering fresh anxiety about the health of the country’s shadow banking industry after missing payments on multiple high-yield products.
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Beijing warns of geological disasters as storms lash Baoding again
China proposes new global AI cooperation organisation
China Premier Warns of AI ‘Monopoly’ as US Effort Quickens
US-China trade talks: Can China reduce its export dependence?
China proposes global body to advance artificial intelligence
Beijing Bets Big on Blood-Soaked Regime; China Trade Route in Junta Crosshairs; and More
Beijing Issues Warning of Geological Disasters After Intense Rainfall
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China Shadow Banking Giant Alarms Investors With Missed Payments
China sends finance experts to tackle regions’ debts
Since 2015 China has undertaken repeated attempts to curb debt issuance by LGFVs, which ballooned as infrastructure and property spending fuelled booming economic growth but resulted in many …
Praised by Elon Musk, top Chinese EV maker BYD urges China’s car brands to go global and ‘demolish the old legends’
Tesla CEO Elon Musk no longer laughs at BYD. The Chinese electric-vehicle maker is handily beating Tesla in China, the world’s largest auto market, and it’s expanding internationally. Now BYD is …
Joe Biden Has a China Problem
China’s economy has fallen into a period of deflation. Its consumer price index (CPI) fell by .3% in July. Its imports and exports fell sharper than expected last month. Tesla triggered a price war in…
China releases plan to lure more foreign investment as economy falters
A worker produces textile products for export at a workshop of a company in Lianyungang city, Jiangsu province, China, August 9, 2023. CFOTO/Future Publishing via Getty Images China’s State Council …
A Crypto Mystery: Who Controls This Stablecoin?
The market cap of TrueUSD has more than doubled since March, but some investors are concerned about its opaque ownership structure.
When Tragedy Strikes in China, the Government Cracks Down on Grief
Xi Jinping, China’s current paramount leader … the whistle-blower who had warned the public of the coronavirus. “We have always known that our speech is not free, our voice is not free. Yet we do…
Global rice prices could surge higher as flood risks loom over China
Global rice markets could come under further strain as the world’s leading producer China grapples with heavy rain and flood risks, according to Fitch Ratings.
Asia suffers China blues; dollar hits 2023 top on yen
Asian shares struggled on Monday ahead of China data that is likely to amplify the case for serious stimulus even as Beijing seems deaf to the calls, while rising Treasury yields lifted the dollar to…
China’s renewed appetite for Australian coal disrupts Asia flows
CHINA’S renewed appetite for Australian coal after Beijing ended its unofficial ban on imports, coupled with strong overall demand for the fuel used to generate power, is forcing a realignment of …
Beijing keen to resolve differences with Manila
Chinese Foreign Minister Wang Yi has urged the Philippines to expeditiously work with China to seek an effective way to control the situation in the South China Sea.
Oil eases on stronger dollar, China demand concerns
Oil prices eased on Monday after seven straight weeks of gains supported by tightening supply on OPEC+ output cuts, as concerns about China’s faltering economic recovery and a stronger dollar weighed.
India is a rising force in Southeast Asia as region seeks to counter China’s dominance
New Delhi’s growing rivalry with China, is also seen as influencing its strategic calculation to strengthen its presence.
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