Influential billionaire Ramon Ang wants Manila to take advantage of untapped oil and natural gas reserves to east energy costs, despite maritime disputes with Beijing and the failure of previous joint deals.
Tagged By covid-19
China’s Shenzhen to lower minimum downpayment for first home buyers to 20%
Shenzhen, a key technology and manufacturing hub, will lower the minimum downpayment required of second home buyers to 30%, the report said.
Guangzhou, Shenzhen to ease home-buying restrictions
Guangzhou and Shenzhen, in south China’s Guangdong Province, have become the latest Chinese cities to ease the financial pressure for buying houses. In a notice issued on Tuesday, the municipal …
The toll of Beijing’s security law on Hong Kong’s activists
For decades, Hong Kong’s activists have been fighting for democracy. But a national security law imposed by Beijing in 2020 has dramatically changed their lives.
Yuan Weakens to Lowest Since November as China Allows Declines
China’s onshore yuan dropped to the weakest level since November as signs mount that policymakers are letting the currency decline against a resilient dollar.
Apple’s iPhone sales in China jump 52% in April, data shows
Apple saw its iPhone sales jump 52% in April from a year earlier, Reuters calculations based on industry data showed on Tuesday.
Xi Hosts Arab Leaders as China-Mideast Ties Widen Beyond Trade
President Xi Jinping will meet Arab leaders this week seeking deeper ties in a region where China does plenty of business — and increasingly diplomacy, too.
Tesla pushes suppliers to produce parts outside China and Taiwan
Tesla has told suppliers to start building components and parts outside of China and Taiwan by as early as next year due to rising geopolitical uncertainties, Nikkei Asia has learned.
Taiwan’s legislature passes controversial ‘pro-China’ measures, reducing president’s power
Taiwan’s legislature, controlled by the opposition Nationalist Party, passed changes that increase the legislature’s power over budgets, including defense spending.
China And 11 Countries That Aren’t As Rich As You Think
Whether because of an affluent past or popular misconceptions, these nations aren’t as wealthy as many people believe.
China helps Nepal look for oil, vying with India for influence in Himalayan nation
Observers say if Beijing-funded oil and gas search is successful, it could help Kathmandu strike better balance in ties with neighbouring giants China and India.
University of Florida employee, students implicated in illegal plot to ship drugs, toxins to China
A University of Florida research employee and students have been implicated in an illegal, multi-million dollar scheme investigated by the Justice Department to fraudulently buy thousands of biochemic
Jaishankar highlights India’s opportunity amid reduced dependence on China post-pandemic
“One thing is that today, especially after COVID-19, the world wants that everything should not be dependent on China. They saw during COVID-19 that very ordinary things had to be imported from China.
