China’s manufacturing activity fell for a fourth straight month in July while the services and construction sectors teetered on the brink of contraction, official surveys showed on Monday, threatening …
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China’s biggest cities vow to introduce steps to boost property sector
China’s biggest cities including Beijing and Shenzhen said over the weekend they would implement measures to better meet the needs of homebuyers, without giving details, aiming to prop up a property sector that is seeing…
Despite booming trade, US-China relationship evolving into an ‘ideological rivalry’
The US imported $ 575.69 billion worth of goods from China in 2022, the highest value of imported goods since 2018, according to the United Nations Comtrade Database. Despite an increase in the trade …
Shell to export LNG to China under new deal
UK supermajor Shell has signed an agreement with China’s state-owned PipeChina to export liquefied natural gas to the world’s largest energy consumer.
India’s accelerating growth can fill the global commodity demand gap left by a slowing China
India can make up for some of the commodity demand gap left by China given the latter’s slowing economic growth, ANZ projects.
Why Beijing and Hong Kong’s complaints about Fukushima wastewater are hypocritical
Nowhere has the plan been more officially opposed than in China. Beijing has accused Japan of being “extremely irresponsible,” of violating its “international moral and legal obligations” and of treating the ocean like a “private…
First Mover Asia: Bitcoin Climbs Back to $29.4K; Crypto’s Decoupling From Stocks May Not Be Over
An exploit of stablecoin exchange Curve Sunday could jeopardize more than $100 million in cryptocurrency. PLUS: What’s behind Russia’s mining boom?
Japanese Eateries in China Fear Ruin as Fukushima Water Discharge Looms
China is the biggest importer of Japanese seafood. Shortly after the 2011 tsunami and earthquake damaged the Fukushima plant, it banned the import of food and agricultural products from five Japanese …
Most of what we’ve heard about the yuan dethroning the dollar is from the West. Here’s what China’s actually said about it.
China wants the yuan to play a more prominent global role but doesn’t necessarily want it to be the world’s dominant reserve currency right now.
Decline in China factory activity extends into a fourth month
The official manufacturing purchasing managers’ index came in at 49.3 in June — compared with 49.0 in June, 48.8 in May and 49.2 in April.
While Everyone Else Fights Inflation, China’s Deflation Fears Deepen
Signs of deflation are becoming more prevalent across China, heaping extra pressure on Beijing to reignite growth or risk falling into an economic trap it could find hard to escape.
China’s factory activity extends declines, firming case for stimulus
China’s manufacturing activity fell for a fourth straight month in July, albeit at a slower pace, an official factory survey showed on Monday, reinforcing the need for further policy support to boost …
Asia markets rise ahead of business activity surveys out of China
Asia-Pacific markets rose ahead of business activity data and inflation reports from countries around the region this week. On Monday, China will release its July purchasing managers index for both …