THE Philippines must brace for the impact of China’s power crisis, which has affected its manufacturing sector, and could imperil global trade, according to economists. This week, news reports …
Tagged By beijing
Honor is now the third-largest smartphone brand in China
According to Counterpoint Research, Honor has outpaced Xiaomi in terms of smartphone sales in China for August and is thus one of the top-three largest smartphone brands in the country behind Oppo and …
Covid-19 cases fall as China counts down to National Day break
China’s Covid-19 cases lowest since latest outbreak, but National Day holiday a big worry Ke Yunnan, from Harbin’s health commission, said the city was carrying out a fourth round of mass testing.
Milley confirms he told China he would call ahead of US attack, claims Esper ordered calls based on intel
Chairman of the Joint Chiefs of Staff Gen. Mark Milley confirmed that he told his Chinese counterpart that he would “call” to warn of any potential U.S. attacks on Beijing, maintaining he had that …
China is facing an energy crunch and a debt crisis, and economists are sounding the alarm
The Chinese economy is grappling with the Evergrande crisis and a major energy crunch. On top of this, the government is cracking down on debt, big business and cryptocurrencies. Many investors and …
China pledges to let the market set energy prices as it moves to import coal and boost gas production amid electricity crisis
Coal imports have been hampered by a ban on Australian coal over Canberra’s call for an inquiry into the origins of COVID-19.
China outspends US, others in overseas belt and road projects
China outspends the US and other major powers by at least 2:1 in its Belt and Road Initiative (BRI) international development finance projects, spending a whopping $85 billion annually. But Chinese …
China’s Evergrande debt woes seen unlikely to trigger another global financial crisis
Cash-strapped Chinese property giant Evergrande Group’s debt woes are unlikely to spiral into another global financial crisis even if Beijing allows the company to fail, according to market …
Commerce secretary: Beijing blocking ‘tens of billions of dollars’ of Boeing airplane purchases
Commerce Secretary Gina Raimondo on Tuesday said the Chinese government has been barring airlines in the country from purchasing “tens of billions of dollars” of U.S.-made Boeing airplanes.
China’s Busiest Manufacturing Areas Ordered to Stop Production Amid National Power Cuts
Manufacturing and daily life in some urban areas have been disrupted by power outages as China attempts to meet its energy conservation goals.
China Kills 3 Pet Cats Which Contracted COVID Amid Fears They Would Spread Virus to Humans
Local authorities said the action was taken as there is no treatment for animals with the virus, and they posed a danger to their owner and others.
How bad is China’s energy crisis?
Country is implementing power rationing as supplies dwindle due to price raise of imported coal …
U.S. Asks China To Reduce Oil Imports From Iran
The United States has approached China about the latter’s crude oil imports from Iran, seeking to pressure Iran into nuclear deal negotiations through its biggest oil client …