While lending in China typically tends to fall back in July for seasonal reasons, the weak credit readings come days after other grim data which showed the world’s second-largest economy slipped into …
Featured Posts Title
In China, Victims of Abuse Are Told to ‘Keep It in the Family’
China’s Global Mangrove vision takes root in Shenzhen
FirstFT: Nvidia boss says China ‘will win’ AI race with US
Extraordinary rippled building looks like it belongs in a sci-fi movie
Qianhai, Shenzhen builds bridges between Europe and the Greater Bay Area
Exclusive – China bans foreign AI chips from state-funded data centres, sources say
Zaha Hadid Architects’ Yidan Center in Shenzhen Tops Out as a New Global Hub for Education
Recent Posts
China July New Bank Loans Tumble, Credit Growth Weakens Further
China’s July new bank loans tumble to 345.9 billion yuan, well below forecasts
Chinese banks extended 345.9 billion yuan ($47.80 billion) of new yuan loans in July, tumbling from June and falling far short of analysts’ forecasts.Analysts polled by Reuters had expected new loans …
China Development Bank issues emergency loans to flood-hit regions
BEIJING – The China Development Bank, one of the country’s policy banks, has issued emergency loans worth 865 million yuan ($120.83 million) to North China’s Beijing, Tianjin and Hebei that were …
BYD calls on China automakers to unite, ‘demolish the old’ in global push
In July, the industry group representing China’s automakers retracted a pledge to avoid “abnormal pricing” brokered between 16 automakers, including BYD. The China Association of Auto Manufacturers …
With eyes on Taiwan, new China ban shows the U.S. may be learning lessons from mistakes with Russia
U.S. moves to ban certain investment in China suggest that Western allies may be learning from national security failings in Russia, according to analysts.
Country Garden restructuring fears deepen concerns about China property sector
Fears that Chinese property giant Country Garden was preparing for a debt restructuring sent its securities to a record low on Friday and deepened concerns about the property sector outlook in the …
China to Conduct Military Exercise Around Waters in East China Sea Aug 12-14
BEIJING (Reuters) – China will conduct a military exercise around waters in the East China Sea from 12 p.m. (0400 GMT) to 4 p.m. from Aug. 12 to Aug. 14, the Maritime Safety Administration said…
China’s Military, ‘Chasing the Dream,’ Probes Taiwan’s Defenses
Day by day, the People’s Liberation Army is turning up the pressure, deploying an ever-wider array of planes and ships.
China’s GAC Is Said to Plan New Models to Vie for Russians’ Favor
(Yicai) Aug. 11 — GAC Group, a Chinese automaker that owns brands such as Trumpchi, Aion, and Hycan, is developing new models to target Russia which imports most of its foreign cars from China, …
Beijing claims to arrest Chinese national over spying for US
A man in his early 50s surnamed Zeng agreed to provide military secrets to the CIA in exchange for cash and help for his family to immigrate to the US, China ’s Ministry of State…
China to replace $140 billion LGFV debt with local bonds – Bloomberg News
China will let local governments raise about 1 trillion yuan ($140 billion) through bond sales to repay the debt of local-government financing vehicles (LGFVs) and other off-balance-sheet issuers, Bloomberg News reported on Friday.
China’s new London embassy on hold pending Westminster intervention
Deadline has passed for Beijing to appeal against Tower Hamlets council’s rejection of the plans
China’s Huawei reports small revenue bump on back of core businesses
China’s Huawei Technologies (HWT.UL) saw modest revenue growth in the first half of the year, with its core information and communications technology (ICT) infrastructure and consumer businesses generating the lion’s share.
