today-is-a-good-day
Nathaniel Tapin says about China's debt laden economy and struggling property developers that this has been seen before. What matters most is the confidence household borrowers have in the country to buy homes and spend versus putting more money into savings. And this confidence that that has been the...
Colombo , April 9: Recent reports have emerged indicating that toxic acids, which evaporated from the Norochcholai Coal Power Plant, may pose a threat to the Sri Maha Bodhi tree, the oldest living tree of the world with a written history, Colombo Gazette reported. The development comes as China is...
China’s economic challenges have given rise to deflationary pressures that present a global concern and are likely to accelerate in the coming quarters, according to economists. Beijing’s deteriorating economic fundamentals have become starkly apparent in recent months, with July’s data broadly missing expectations and the National Bureau of Statistics suspending its...
The Biden administration is refining rules aimed at keeping advanced chips and manufacturing gear out of China, seeking to close loopholes that might help its geopolitical rival gain cutting-edge technologies. The latest regulations are an attempt to streamline export curbs announced last October, according to people familiar with the matter....
Beijing risks damaging its ties in the region if it continues efforts to assert control in the disputed South China Sea, analysts said ahead of the annual Asean gathering. They said recent developments in the resource-rich waterway served as a “warning” to regional governments, which would increasingly gravitate towards the...
SHANGHAI/TAIPEI: China's military began drills around Taiwan on Saturday, saying it was a "serious warning" to separatist forces in an angry and widely expected response to a visit by Vice President William Lai to the United States, drawing condemnation from Taipei. Lai, the front-runner to become Taiwan's president at elections in January,...
BEIJING, May 31- China's factory activity shrank faster than expected in May on weakening demand, heaping pressure on policymakers to shore up a patchy economic recovery and knocking Asian financial markets lower.   The official manufacturing purchasing managers' index (PMI) fell to a five-month low of 48.8, the National Bureau of...
For both Australia and India, China is the biggest trading partner, and China is our “biggest security anxiety”, said Australian Deputy Prime Minister and Defence Minister Richard Marles, making the opening remarks at the 2+2 dialogue on Monday. Australian Foreign Minister Penny Wong said this is a partnership which...
Taiwan’s military drove away four attempts by Chinese forces to approach the island’s sensitive contiguous zone last month, Taiwan security officials said, in what they see as a ramped-up Chinese campaign to “intimidate” voters before key elections. Taiwan officials have repeatedly warned that China is trying to sway voters toward...
China's economic activity data for July, including retail sales, industrial output and investment failed to match expectations, fuelling concern over a deeper, longer-lasting slowdown in growth. THE DEMISE OF CHINA'S GROWTH HAS BEEN MISTAKENLY FORECAST BEFORE. IS THIS TIME DIFFERENT? Activity data has been missing forecasts since the beginning of the second quarter,...