The CCP’s efforts to control the private sector will deter innovation and investment. It will make transitioning towards a high-skilled, high-wage domestic economy much harder.
Tagged By beijing
China Steps Up Efforts to Ring-Fence Evergrande, Not to Save it
As China Evergrande Group edges closer to a massive restructuring, Beijing has stepped up efforts to limit the fallout, signaling it’s willing to prop up healthy developers, homeowners and the real …
Lower silicon production in China may increase chip production costs
A surge in pricing for silicon metal may become a big issue for Apple and other major manufacturers, with production cuts in China shooting up the price of the material by 300% in less than…
Coronavirus: Hong Kong-mainland China border unlikely to reopen before February, government adviser says
Reopening Hong Kong’s border with mainland China will take at least four to five months of negotiations, according to a Covid-19 adviser to the local government, which is also stepping up work on …
China is in an invaluable situation as the United States pulls out from Afghanistan
The United States’ withdrawal from Afghanistan demonstrates that the country’s administration in the district is declining. In such a circumstance, China is in a situation to acquire the most …
Beijing military flights over Taiwan condemned as blatant aggression
Taiwan accused Beijing of “wanton aggression” after military aircraft including nuclear capable bombers flew into its air defence zone for two successive days.Chinese military planes routinely fly …
Taiwan asks for Australia’s help as fears of China invasion mount amid huge increase in Beijing’s military flights over island nation
Taiwan Foreign Minister Joseph Wu has urged countries such as Australia for help in backing the territory against China which is stepping up military flights over island …
Meat exports up as supply and demand favours NZ farmers
Red meat exports increased by more than a quarter in August compared to the same month last year, hitting historical highs, Meat Industry Association show. Overall exports for August reached $650 …
China coking coal, coke shortages, steel restrictions support scrap prices
Ferrous scrap prices may be seeing increasing support from demand in China to decarbonize, improve air emissions, and restrict steel output growth, as tight supplies of coking coal, met coke and …
Lufthansa CEO concerned about China’s COVID travel restrictions
Lufthansa is very concerned about coronavirus travel and border restrictions in China hurting the German air carrier’s recovery, its Chief Executive Carsten Spohr said on Sunday.
China is being choked by Xi Jinping’s crackdown
Coal. Meat. Wine. Cash. Beijing paints itself as playing a powerful game of coercive diplomacy. But the price may be a homegrown economic reckoning – with Chairman Xi Jinping’s authoritarian acts …
US warns China to stop provoking Taiwan after Beijing sent 77 aircraft including nuclear bombers into island’s airspace: State Department says it has ‘rock solid’ commitment to …
The military planes were a mixture of J-16 and Su-30 fighters as well as anti-submarine and early warning aircraft, Taiwan says. Friday’s flights included nuclear-capable H-6 bombers.
How World Bank’s Doing Business ranking unravelled
Most of us know that the World Bank has discontinued its annual Doing Business study, which produced the Ease of Doing Business index, traditionally seen both as a prestige marker and a significant …
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