For U.S. politicians, China’s potential to dominate sensitive cutting-edge technologies poses one of the biggest geopolitical threats of the next few decades. President Xi Jinping is similarly worried … ( read original story …)
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Biden’s USTR pick vows to fight China’s ‘unfair’ practices
President Joe Biden’s trade nominee Katherine Tai said on Monday she will work to fight a range of “unfair” Chinese trade and economic practices and would treat Chinese censorship as a trade barrier. ( read…
Did China rescue Australia from the 2020 recession?
Being so closely linked to one of the fastest growing countries in the world has given the Australian economy a massive boost for many years, but none more-so than now. ( read original story …)
China keeps head high facing unprecedented challenges in its global rise
China is facing a more complicated, difficult and diversified external environment for its rise than any other emerging powers in history since the modernization of humanity. International society … ( read original story …)
China says domestic competition hurting rare earth prices
China’s rare earths, a group of 17 minerals used in military equipment and consumer electronics, are being undersold due to “vicious competition” domestically and face low resource utilisation, the … ( read original story …)
China’s Hainan sees surge in Covid-related binge shopping as pandemic kills overseas travel
Since Beijing outlined plans to turn Hainan into a free-trade port, Chinese unable to travel overseas due to the coronavirus have flocked to the island to buy duty-free goods. ( read original story …)
China Seen Cutting Local Government Bond Quota to Curb Debt
China is set to reduce local government bond sales and rein in its budget deficit this year, scaling back the pandemic stimulus measures that fueled debt while helping the economy recover. ( read original story…
China Stood Out as the World Dumped Bonds Everywhere Last Week
China’s bonds stood out as a haven last week when investors fled from virtually everywhere including Treasuries and high-yielding developing-nation debt.Funds poured $671 million into exchange-traded … ( read original story …)
Financial wellness can foster pension system in China
It’s well known that China’s huge and rapidly aging population will grapple with a shortage of pension coverage that looks set to worsen over the next few years. There is no quick fix for state…
China Expected to Cut Local Government Bond Quota to Reduce Debt
China is set to reduce local government bond sales and rein in its budget deficit this year, scaling back the pandemic stimulus measures that fueled debt while helping the economy recover.The … ( read original…
China Bank grew 2020 net income to P12.1B
DESPITE the surge in bad loans provisions, China Banking Corp. was able to conclude last year’s operations with double-digit growth, bucking the downtrend in the banking sector. The listed bank … ( read original story…
China’s fiscal risks ‘extremely severe’, former finance minister warns ahead of key meetings
Beijing is expected to cut back fiscal stimulus even as Washington … whether to scale back economic stimulus as debt risks loom Lou, who served as China’s finance minister from 2013 to 2016, warned ……
China’s bond market sees 4.3-trillion-yuan issuances in January
BEIJING – The total bond issuances in China amounted to 4.3 trillion yuan ($664.5 billion) in January, data from the central bank showed. Treasury bond issuances came in at 574 billion yuan, while … (…
