BEIJING, Aug 11 (Reuters) – Chinese banks extended 345.9 billion … after record lending in the first half as the central bank tried to underpin a faltering economic recovery. Broad M2 money supply …
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China’s July new bank loans tumble to 345.9 bln yuan, well below forecasts
WHO Terms Eris ‘Variant Of Concern’ After Surge In Covid-19 Cases In United States And China
The EG.5 ‘Eris’ variant of coronavirus, which is most prevalent in the United States, so far is responsible for an estimated 17% of cases and therefore is considered as a priamry cause behind the recent surge in Covid-19 cases.
Typhoon Doksuri’s aftermath: Deadly floods ravage China’s northern province of Hebei
Severe inundations in China’s northern province of Hebei, triggered by the residual impacts of Typhoon Doksuri earlier this month, have resulted in the loss of at least 29 lives.
China bank lending slumps in July against weakening economy, credit backdrop
China’s new bank loans in July sank to the lowest level since late 2009 against a backdrop of weaker credit even as the nation’s policymakers trimmed interest rates and pledged more support for the …
China’s private firms facing persistent problem of overdue payments despite Beijing’s pledge to support key sector
Beijing has pledged to build the private economy, which it views as the backbone of the economy, ‘bigger, better and stronger’, but firms are owed an increasing amount of money from the government and state-owned…
US investors flag retaliation risks after Biden’s China tech curbs
While the market mostly shrugged off President Joe Biden’s move to prohibit some U.S. technology investments in China, U.S. investors said they were worried Beijing would retaliate or pull back from buying American technology.
China’s Stalling Economy Puts the World on Notice
As China’s economy flashes indications of decline, the consequences pose perils for countries around the globe.
Biden says China is ‘ticking time bomb’ due to economic woes
Speaking during a campaign fundraising event in Utah, President Biden called China a “ticking time bomb” on Thursday, telling attendees that the country is in “trouble.” …
China’s development model is unraveling before our eyes
Meanwhile, China’s stock market has fallen far behind markets elsewhere in Asia and the U.S., underperforming them by about 20 percent in the past three months. At the same time, pressures on the Chinese yuan…
China’s Wang Yi blasts US as ‘biggest source of instability’ during Asean tour
Beijing’s top diplomat accuses Washington of suppressing emerging countries and ‘coercing’ others into ‘unilateral protectionism’ The comments, made in meeting with Singaporean leader, come a day after US announces restrictions on China-bound tech investments China’s…
WHO Terms Eris As ‘Variant Of Concern’ After Surge Of Covid-19 In United States And China
The EG.5 ‘Eris’ variant of coronavirus, which is most prevalent in the United States, so far is responsible for an estimated 17% of cases and therefore is considered as a priamry cause behind the recent surge in Covid-19 cases.
Beijing detains Chinese national accused of spying for the CIA
Beijing’s Ministry of State Security says a Chinese national was offered money and immigration to the U.S. in exchange for classified information.
China’s recent economic woes suggest there is something seriously amiss
Underlying longer-term weaknesses in the economy are bound up with Beijing’s repressive political system