Economics
South China Morning Post: Germany backs EU’s tough China line with call for ‘Plaza Accord’ talks on yuan
European Commission on a mission to craft tools to tackle what the bloc sees as China’s industrial excesses Read Article HERE
South China Morning Post
Geopolitics
South China Morning Post: US casts sixth veto at UN Security Council over resolution to end Gaza war
The draft text, which received 14 votes in favour, would have demanded an immediate ceasefire in Gaza and Israel to lift restrictions on aid Read Article HERE
Economics
South China Morning Post – China trade: exports, imports dip further at start of 2023, testing resilience of economic recovery
Booming world economic recovery anyone? Read HERE
Economics
South China Morning Post: 1 year on, EU alternative to China’s belt and road fails to deliver
“A recent gala event held in the metaverse to explain the Global Gateway concept to 18-35 year olds was lampooned online after just a handful of users logged on – despite the EU forking out […]
Economics
South China Morning Post: China-Russia gas deal in yuan, roubles underscores efforts to reduce US dollar hegemony
China will begin paying Gazprom half in roubles and half in yuan for Russian gas supplies, the company announced Analysts say the deal affirms a longer-term ambition for Russia and China in diversifying cross-border payments […]
Economics
South China Morning Post: China’s property crisis: who and what will save the indebted developers in the world’s largest real-estate market?
Sunac, which forked out 43.8 billion yuan in 2017 to help Wanda, defaulted on a US dollar bond last week, and had its rating cut twice by Fitch, deep into junk status R&F, which bought […]
Economics
South China Morning Post: Nowhere to hide for Chinese developers as slump deepens amid cash crunch, debt defaults despite easing measures
Home sales fell 25.6 per cent last quarter as concerns about credit squeeze, debt defaults sidelined buyers Local authorities in more than 60 municipalities have taken steps to unshackle the market from rules hobbling the […]
Economics
South China Morning Post: EU launches WTO case against China over Lithuania embargo, as row over Taiwan office continues
Brussels says it has ample evidence of China blocking Lithuanian and other European exporters from its market Responding to the filing, China said Brussels should be ‘wary of Lithuania’s attempt to kidnap China-EU relations’ Read […]