Output, orders and employment all fell in September, according to official data, as Beijing turns to Russia to ease its electricity shortages …
Featured Posts Title
Explainer – Russia, China, Taiwan and Japan’s World War Two legacy dispute
Shifting US alliances push rivals China and India together
China’s wealthy brace for a widening tax net as Beijing closes in
Explainer-how China’s oil majors helped Beijing prepare for an energy crisis
In a Club of Emerging Powers, China and India Vie for Influence
China-Philippines tensions simmer after Beijing rebukes Manila over Seoul clash
Night view of Shougang Park in Beijing
Recent Posts
China’s factory activity in shock slowdown as energy crisis hits home
China power crunch slams factories as coal lobby warns ‘not optimistic’ on supply
Small firms caught in China’s prolonged power and coal crunch are turning to diesel generators, or simply shutting shop, as coal officials voiced fears for stocks ahead of winter and manufacturing …
China’s farmers face more pain as power crunch drives up feed costs
China’s huge livestock sector is facing a hike in feed costs, just as they grapple with crippling farming losses, said analysts and industry participants, after the country’s worst power outages in …
China factories contract for first time since pandemic began
China’s factory activity contracted in September for the first time since the pandemic began last year, a sign of the damage a widespread electricity crunch is having on an already slowing economy.
IPOs slow down globally in Q3 after frenetic 2021 start
Initial public offerings (IPO) globally slowed in the third quarter of 2021 from their previous frenetic pace, but the number of listings in the first nine months of the year still was the highest …
China’s High-End Military Technology Touted at Biggest Air Show
China put on an extravagant display of once-secret high-end military technology at its largest air show this week, while broadcasting its growing ambitions in space exploration and for …
China’s Xi leads Martyr’s Day ceremony amid patriotism drive
Chinese leader Xi Jinping paid respects at a solemn commemoration Thursday for those who died in the struggle to establish Communist Party rule, as he leads a national drive to reinforce patriotism …
Billionaires Get Help From China’s Move to Contain Evergrande
China’s purchase of a stake in a struggling regional bank from China Evergrande Group aimed at preventing contagion is also benefiting Shengjing Bank Co.’s investors, including some poker pals of …
China Tells Bankers to Support Property Market, Homebuyers
China has urged financial institutions to help local governments stabilize the rapidly cooling housing market and protect the rights of some homebuyers, another signal that authorities are worried …
China Evergrande Shares Swing as Bondholders Await Word on Payments
Shares of debt-laden China Evergrande Group swung wildly on Thursday as the company looked set to miss its second bond interest payment in a week, as an additional $180 million in coupon deadlines …
Evergrande crisis likely to have a ‘big’ impact on China’s economy than financial sector: economist
Wei He of Gavekal Dragonomics says it is unlikely that the Chinese government will provide a large-scale bailout for the Evergrande group. The crisis will have a big impact on the real economy rather …
China’s housing market slowdown reflects bigger challenges
Beijing will dip into its deep pockets to ring-fence the financial fallout from Evergrande’s bankruptcy. But it’s the end of relying on a massive real estate boom to drive economic growth.
China ready to export supersonic cruise missile
China is ready to export one of its mightiest weapons－a submarine-launched supersonic cruise missile system that has been deployed by the Peoples Liberation Army Navy.
