The U.S. central bank voiced concern as China Evergrande’s debt troubles have raised alarm in global financial markets and at home.
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US is seeking coexistence with China, not Cold War, says Jake Sullivan
America is not seeking a new Cold War with China, but looking for a system of peaceful coexistence, US national security adviser Jake Sullivan said. “The goal here is not containment, it’s not a new…
Evergrande crisis: US Fed warns China’s property problems could hurt global markets and the US economy
Troubles in China’s vast real estate sector could spill over to the global economy — including the United States, according to the Federal Reserve.
US Fed warns China property sector stress could pose ‘risks’ to American economy
The US Federal Reserve warned in its semi-annual financial health check overnight that stress in China’s real estate sector could pose “some risks” to the American financial system, pointing to the …
China Tightens Oversight of $3.7 Trillion Mutual Fund Market
Chinese regulators moved to tighten oversight of the nation’s 23.9 trillion yuan ($3.7 trillion) mutual fund market, banning product recommendations by unlicensed firms and individuals.
China’s new Covid-19 drugs showing good results
Drug researchers in China are making progress on developing therapies to treat Covid-19 with several antibody drugs, which neutralise the virus, emerging as promising candidates in clinical trials.
Beijing and Jakarta to protect regional peace and economic growth
Chinese investments were helping Indonesia “to survive,” Luhut told U.S. National Security Advisor Sullivan, “Why don’t you come too?” …
Taiwan says China seeking to degrade its military and morale
Taiwan on Tuesday said China is seeking to take control of the island by wearing down its military capabilities and influencing public opinion, while avoiding an all-out military conflict that could …
China’s Evergrande debt woes could spill over to the US, the Fed says
Stresses in China’s real estate sector could strain the Chinese financial system, with possible spillovers to the United States,’ said the Fed.
China border city turns to cash incentive in hunt for Covid-19 source
Officials in Heihe are offering a US$15,500 reward as part of a ‘people’s war’ of prevention and control against latest outbreak.
Coronavirus: Hong Kong leader Carrie Lam hoping mainland China softens stance on circuit-breaker as two sides discuss border reopening
Hong Kong leader says suspension mechanism as part of reopening of border is ‘core’ issue that two sides still need to resolve.
China’s property market debt could weigh on the country for years, economist George Magnus warns
The debt problems of China’s property sector are likely to cause a period of stagnation, according to economist George Magnus.
Swiss Pursue ‘Special Path’ With Big Trade Partner China -Minister
Switzerland’s foreign minister played down prospects for his neutral country to embrace Western sanctions against China over its human rights record as Bern pursues a “special path” with Beijing, a …
