Mounting concerns over China’s sputtering economy knocked the Australian dollar and the yuan to nine-month lows on Wednesday, while the dollar held broadly steady, underpinned by a resilient U.S. economy.
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Vanke bonds plunge on plan to delay repayment, revive China property concerns
America’s oldest ally in Asia is drawing closer to China
Beijing institute plans to build space data centers
Why Beijing is unlikely to ease up on pressure on Japan over Takaichi’s comments on Taiwan
Shenzhen Expressway Co Announces Key Governance Changes at Upcoming EGM
China’s diesel trucks are shifting to electric. That could change global LNG and diesel demand
Global vloggers amazed by Shenzhen’s tech wonderland
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China woes drag on yuan, Aussie; pound sways after UK inflation rate slows
China £2.4trn economic meltdown ‘has ‘spillover potential for UK’ warns banking expert
EXCLUSIVE: Bob Lyddon also believes it is very difficult to tell how exposed UK banks are to Chinese counterparts.
India and China pledge to maintain ‘peace and tranquility’ along disputed border despite tensions
Chinese and Indian military commanders have pledged to “maintain the peace and tranquility” along their disputed border in an apparent effort to stabilize the situation following a rise in tensions.
China’s top brands turn cautious over economic recovery
Chinese consumers are tightening their belts across sectors from beauty products to jewelry, though are still spending big on restaurants, as a list of headwinds signal growing uncertainty about the …
Structural Change Underway in China Property: McCormack
“We think there is a structural change underway in China’s property sector.” James McCormack, managing director, global head of sovereigns at Fitch Ratings, discusses China’s credit rating and his …
Chinese smartphone brand shipments rise in 2Q23; volume to continue picking up in 2H23, says DIGITIMES Research
According to DIGITIMES Research’s statistics and analyses, second-quarter 2023 smartphone shipments by China-based smartphone vendors exhibited a 7.4% on-quarter growth but a 6.1% on-year decline. In …
Estée Lauder’s Big Bet on China Is Looking Not So Pretty
Estée Lauder’s longtime chief, Fabrizio Freda, is under pressure to show he can turn around the beauty giant’s key China and U.S. businesses.
China to keep halogenated rubber anti-dumping duty until probe is over
China’s commerce ministry said on Wednesday it will continue to impose anti-dumping duties on imports of halogenated rubber originating in the United States, the European Union and Singapore from Sunday.
JPMorgan hikes EM default forecast as Country Garden drives China contagion fears
JPMorgan expects the China property sector to account for nearly 40% of all high yield default volumes in emerging markets in 2023.
China military action to US stopover would be election interference, Taiwan VP says
Any Chinese military action in response to the stopovers in the U.S. by Taiwan Vice President William Lai would be an attempt by Beijing to interfere in the island’s elections, Lai said during a trip…
Janet Yellen inadvertently ate hallucinogenic mushrooms in China – and started a trend
I was not aware that these mushrooms had hallucinogenic properties. I learned that later,’ the US Treasury secretary told CNN
China New-Home Prices Drop at Faster Pace as Slowdown Worsens
China home prices dropped for a second month in July, a further sign of the deepening property slowdown that’s weighing on the world’s second-largest economy.
Yen treads on intervention zone; kiwi, Aussie dollars hit by China woes
The China gloom saw the Australian and New Zealand dollars … as they have been last year in their rhetoric against defending a weakening yen, with Finance Minister Shunichi Suzuki saying on Tuesday …
