In a time of Covid – unlike Tokyo’s summer Olympics of 2021 – Beijing has found a way to put some spectators in the stands. This is how they are doing it. The World’s fastest…
Tagged By banking
Biden, US officials ‘not awake’ to China’s rising financial influence in the world: Lanhee Chen
The way that essentially China gains influence is to go into countries, to finance projects, not with equity, but with debt – They essentially put countries in a debt trap.” Chen pointed to Laos, a…
Commentary: China welcomes the world in Winter Olympics but its economy is more isolated from West
China’s great rise over the past several decades has been the great economic success of our times, lifting hundreds of millions of people out of poverty and giving the global economy wheels in the …
Debt Fears Swirl Around Logan as China Property Woes Deepen
(Bloomberg) –Concerns over the financial health of Logan Group Co. have shaken investor confidence in what was seen as one of China’s stronger developers, deepening the turmoil faced by the …
UPDATE 1-U.S. FDA advisers say more data needed for cancer drug tested in China
Feb 10 (Reuters) – A panel of outside advisers to the U.S. Food and Drug Administration on Thursday voted to recommend that Innovent Biologics Inc and Eli Lilly and Co be required to conduct a…
China bans Lithuanian beef, dairy and alcohol, claiming compliance issues and label tampering
China has banned beef, dairy and alcohol imports from Lithuania, in a dramatic escalation in the trade and geopolitical feud between the two countries. In a letter sent by China’s customs …
Red Flags: Chinese Project In Serbia Raises Familiar Concerns About Beijing’s Balkan Investments
Beijing And Belgrade Beijing enjoys a close relationship with … which is not only a major trading partner and top-level investor through the European Investment Bank (EIB), but also plays a vital …
China Jan new bank loans hit record high, beat forecast
BEIJING, Feb 10 (Reuters) – Chinese banks extended 3.98 trillion … Broad M2 money supply in January grew 9.8% from a year earlier, central bank data showed on Thursday, above estimates of 9.2% …
China new bank loans hit record in Jan as cenbank eases policy
Jan new loans 3.98 trln yuan vs f’cast 3.69 trln yuan Jan M2 money supply +9.8% y/y, vs f’cast of +9.2% Jan TSF 6.17 trln yuan, vs f’cast 5.46 trln yuan C.bank eases policy to…
Lithuania won’t back down over Taiwan, says minister in Australia as row with Beijing grows
Foreign Minister Gabrielius Landsbergis rejected that Lithuania had breached its ‘One China’ policy, and urged like-minded countries to band together against economic coercion by China and Russia.
Fifty years on, Nixon’s China moment has lost its sparkle
China’s economic strength … He is an author and former Beijing and Washington bureau chief for the Financial Times.
US-China trade war: Washington urged to cut tariffs despite deal shortfall, stop issuing threats
China has called on the United States to remove existing tariffs and stop threatening new levies in response to Beijing missing the targets under the phase-one trade deal. US Secretary of Commerce …
Russia-Ukraine crisis: China urged to weigh economic costs of Moscow coalition as sanction threats mount
Beyond trade, China and Russia can cooperate on defence, finance, energy and diversification from the US dollar, Wang said, adding “if Russia is tamed, the US will act more recklessly towards China”.
