The one-year LPR currently stands at 3.45%, while the five-year LPR is at 3.95%. Asia-Pacific markets were set to fall Thursday as investors awaited China’s one- and five-year loan prime rates.
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The global spike in luxury handbags, shoes, and clothing sales could be coming to an end due in part to China’s ‘luxury shaming,’ study finds
Global sales growth for luxury goods is expected to slow this year, per a Bain & Compnay report. “Luxury shaming” in China could be a factor.
Outgoing NATO chief says China should face consequences for backing Russia’s war on Ukraine
NATO’s secretary general called out Beijing on Wednesday, saying China “cannot have it both ways” when it comes to the war in Ukraine.
Philippines tells Beijing words must match actions in South China Sea
The Philippines urged China on Wednesday to avoid actions that endanger sailors and vessels in the South China Sea, saying peace could not be achieved if China’s words did not match its behaviour in …
Most Japan firms see no need to follow the U.S. with tariffs on China
Most Japanese companies see no need for their government to follow the U.S. in raising tariffs on Chinese imports, saying excessive production capacity in China’s industrial sector does not affect …
CAIR condemns China’s ‘erase’ of Muslim Uyghur village names in Xinjiang
The Council on American-Islamic Relations condemns what it says is China’s ongoing attempt to “erase” Muslim Uyghur culture after a report alleges the systematic changing of village names to reflect …
Morning Bid: Asian stocks at 2-year high; China, Indonesia set rates
A look at the day ahead in Asian markets. No Wall Street, no problem. Investors in Asia go into Thursday in a bullish mood with Asian stocks at two-year highs, boosted by strength in tech…
China Will Struggle to Undo US Dominance
And it’s not the China of yesteryear. The lucky country is the US, a place so often said to have been on the verge of eclipse for various reasons such as big deficits, the euro…
India Could Help the U.S. to Tech Victory Over China
A promising partnership with a country that has a massive market and an impressive pool of talent.
Blinken discusses China’s actions in South China Sea with Philippine counterpart
the origins of the COVID-19 pandemic, the war in Ukraine, technology disputes and intellectual property, among others. Blinken and Manalo’s discussion “followed (China’s) dangerous and irresponsible …
Congressional delegation meets with the Dalai Lama, sparking anger in Beijing
A bipartisan congressional delegation met with the Dalai Lama at his residence in India’s Dharamshala, sparking anger from China which views the exiled spiritual leader of Tibetan Buddhism as a separatist.
Chart Shows World’s Dependence on China for Critical Minerals
The House Select Committee has announced a new working group focused on weaning the U.S. off its dependence on China for the strategic resource.
US lawmakers meet Tibet’s Dalai Lama, pressure China on talks
By Charlotte Greenfield, David Brunnstrom and YP RajeshDHARAMSALA, India (Reuters) -A group of U.S. lawmakers who met the Dalai Lama in India on Wednesday said they would not allow China to influence …
