SHANGHAI (Reuters) – A top advisor to the People’s Bank of China on Saturday called for strengthening of real estate policy in light of sluggish economic growth over the past …
China
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France’s Safran to pay $17.2 million to settle China bribery charges in U.S. probe
by Reutersby Reuters(Reuters) – French jet engine maker Safran SA will pay about $17.2 million as part of a settlement with the U.S. Justice Department over bribes its subsidiaries allegedly paid in …
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BEIJING (Reuters) -China has sanctioned two Americans in retaliation for U.S. sanctions against two Chinese officials over human rights in Tibet earlier this month, the Chinese foreign ministry said on …
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SHANGHAI (Reuters) – China’s central bank made its biggest weekly liquidity injection into the banking system in nearly two months to counteract the year-end rush for cash. The People’s Bank …
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China lacked a ‘zero COVID’ exit plan. Its people are paying the price
by Reutersby ReutersBy Farah Master and David Stanway HONG KONG/SHANGHAI (Reuters) – At the public hospital in Shanghai where Nora, a 30-year-old doctor, works, tension has spiraled since China relaxed its stringent …
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Putin oversees launch of Siberian gas field feeding pipeline to China
by Reutersby Reuters(Reuters) – Russian President Vladimir Putin presided over the launch of a major new Siberian gas field on Wednesday to help drive a planned surge in supply to China. The …
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Corporate China struggles with supply snags, demand slump as COVID cases spread
by Reutersby ReutersBy Casey Hall, Martin Quin Pollard and Joe Cash SHANGHAI/BEIJING (Reuters) – As China’s massive wave of COVID-19 infections begins its march across a country roughly the size of Europe, …
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U.S. feeling impact of China COVID changes, can ‘power through it’ -Treasury’s Adeyemo says
by Reutersby ReutersBy Andrea Shalal and Trevor Hunnicutt WASHINGTON (Reuters) – The U.S. economy is “already being impacted” by China’s latest COVID developments and energy shortages in Europe, Deputy Treasury Secretary Wally …
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(Reuters) – The Biden administration is closely monitoring the rising rates of COVID infections in China in the wake of relaxed rules, White House National Security Council spokesman John Kirby …
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MANILA (Reuters) – China’s embassy in Manila accused the United States on Tuesday of driving a wedge between the Philippines and Beijing, deploring Washington’s “unfounded accusations” that it said sought …
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BEIJING (Reuters) – The World Bank has cut its China growth outlook for this year and next, citing the impact of the abrupt loosening of strict COVID-19 containment measures and …
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The world fears a new China COVID wave, ponders how to help Xi
by Reutersby ReutersBy Trevor Hunnicutt, Julie Steenhuysen and Andreas Rinke WASHINGTON (Reuters) – Officials and global health experts outside China are anxiously watching a COVID-19 surge there, worried a nation of 1.4 …
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China To Team Up With Russia, Conduct Joint Naval Drills Micaela Burrow on December 19, 2022 Russian and Chinese navies will conduct joint exercises in the coming days to strengthen …
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GORDON CHANG: China Insults A Submissive Biden Desperate To Talk To Xi Gordon Chang on December 18, 2022 “Doubled-faced.” That’s how Beijing just described two senior Biden administration officials who …
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China Evergrande’s stake in services unit drops to 51.7% on forced selling – filing
by Reutersby ReutersHONG KONG (Reuters) – China Evergrande Group’s shareholding in its property services unit has fallen to 51.71% from 58.18% after forced selling of pledged shares by a third party, a …
- Business News
China seen keeping benchmark lending rates unchanged for 4th month
by Reutersby ReutersSHANGHAI (Reuters) – China is likely to keep benchmark lending rates unchanged for the fourth straight month in December on Tuesday, a Reuters survey showed, but expectations for monetary easing …
- Business News
Foxconn fine for unauthorised China investment likely to be imposed soon – source
by Reutersby ReutersTAIPEI (Reuters) – Foxconn, the world’s largest contract electronics maker, is likely to be fined soon by Taiwan’s government for an unauthorised investment in a Chinese chip maker, a person …
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Developer China South City sells 70% stake in Xian projects for $717 million
by Reutersby ReutersHONG KONG (Reuters) – Chinese logistics and commercial developer China South City Holdings Limited said it had agreed to sell a nearly 70% shareholding in a business that holds its …
- Business News
China to maintain ample liquidity in 2023 to implement proactive fiscal policy – state media
by Reutersby ReutersSHANGHAI (Reuters) – China will maintain reasonably ample liquidity in financial markets while better serving needs from the real economy next year, state media quoted a vice governor of the …
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New COVID model predicts over 1 million deaths in China through 2023
by Reutersby ReutersBy Julie Steenhuysen and Deena Beasley CHICAGO (Reuters) – China’s abrupt lifting of stringent COVID-19 restrictions could result in an explosion of cases and over a million deaths through 2023, …
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Major US Ally Reverses Course, Announces Largest Military Buildup Since WWII Amid Rising China Threat
Major US Ally Reverses Course, Announces Largest Military Buildup Since WWII Amid Rising China Threat Micaela Burrow on December 16, 2022 Japan unveiled a plan Friday to give its military …
- US and World News
State Department launches ‘China House’ amid rivalry with Beijing
by Reutersby ReutersWASHINGTON (Reuters) – The U.S. State Department on Friday launched its long-planned “China House” unit, an internal reorganization to help expand and sharpen its policymaking toward its top geopolitical rival. …
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The US Is Preparing For The Possibility Of War With China — In Space
The US Is Preparing For The Possibility Of War With China — In Space Micaela Burrow on December 15, 2022 The U.S. launched a Space Force unit in South Korea …
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China says it will step up support for economy in 2023 amid COVID pains
by Reutersby ReutersBy Kevin Yao BEIJING (Reuters) -China will focus on stabilising its $17-trillion economy in 2023 and step up policy adjustments to ensure key targets are hit, said a statement following …
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SHANGHAI (Reuters) – China’s securities regulator said on Friday it will launch a reform this month to bring the country’s securities settlement system more in line with international practices, to …