South Australia Wine Industry Association’s Alex Trescowthick says Chinese distributors are “keen” to get Australian wine back into the country, but there are still “a few more hurdles” for winemakers …
Tagged By covid-19
China will further enhance capital account opening, FX official says
China will make it easier to move capital in and out of the country and promote financial market deregulation, a senior forex regulator said on Friday, as Beijing seeks to woo foreign investors amid …
Larry Summers, a ‘friend of China,’ warns Beijing that its actions are making it hard for people like him to push for stronger ties
Summers compared the U.S. and China to “two guys who don’t like each other much” stuck in the same lifeboat “a long way from shore.” …
China Vanke Warns Earnings Could Remain Strained
China Vanke’s earnings could remain strained for some time amid the downturn of the Chinese real-estate market, which the developer said led to a sharp drop in net profit last year.The company, one of …
Taiwan’s Top Diplomat Says U.S. Aid to Ukraine Is Critical for Deterring China
Foreign Minister Joseph Wu said in an interview that a Russian victory could embolden China to move against Taiwan and would fuel anti-American propaganda.
China lifts penalties on Australian wine after more than three devastating years
“The loss of China over these last three years has caused a fair bit of damage to the industry and brought uncertainty. We don’t know what the Chinese market looks like after (the Covid-19 pandemic),…
China warned as Philippine president proposes countermeasures against Beijing’s aggression
The Philippines said it would take ‘deliberate’ action against China in the South China Sea following a dispute over the contested Second Thomas Shoal in the Spratly Islands.
A Family Feud in the Philippines Has Beijing and Washington on Edge
When Rodrigo Duterte left the Philippine presidency and returned to private life in 2022, public life seemed suddenly quiet. Duterte’s brash statements, late-night rants, and off-the-cuff threats …
China to Lift Tariffs on Australian Wine, as Frosty Relations Thaw
China will lift tariffs on imports of Australian wine after more than three years, marking steadily warming ties between the countries and testing the appetite of Australia’s producers to return to …
China’s Neighbor Adds More ‘Carrier Killers’ to Navy
A deadly combination of speed and firepower gives Taiwan’s indigenous Tuo Chiang-class corvette a deadly advantage against larger ships.
Stark Data Point Highlights China’s Population Crisis
China’s population continued its downward slide last year after dipping in 2022 for the first time since the Great Famine of the early 1960s. Meanwhile, the birth rate has fallen seventh straight year …
5 major challenges that have China headed for a ‘100-year storm,’ according to billionaire investor Ray Dalio
They include a big debt problem, a growing internal wealth gap, and increasingly fraught foreign relations with the US.
China’s Big Five lenders post shrinking margins, warn of property risks
Five of China’s largest lenders have posted shrinking net interest margins (NIM), while warning of ongoing property sector risks. Amid a slowing economy, China’s lenders are under pressure to reduce …
