China agrees to electric car tariff talks as EU fights to avoid trade war
The conciliatory tone suggests a de-escalation of tensions between the two sides, although Mr Habeck stressed it was early days. “One...
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China’s window of opportunity to take Taiwan will close soon
There are a number of reasons why. Partly there is a natural rhythm to economic catch-up for countries that begin...
China’s gold-buying spree could be the straw that breaks the dollar’s back
On top of this, the US may be its own worst enemy. The recent strength of the economy and markets...
US Dollar gets costlier to borrow in China in new sign of Yuan woes
The premium to borrow dollars in China’s local markets has jumped over the past month, another example of the resurgent US currency’s global reach and persistent headwinds facing the yuan.China’s overnight interbank dollar lending rate hit a record 5.47% on March 29 after a steady climb, before easing to 5.42% Thursday, Bloomberg-compiled data show. That has pushed its gap with the US secured overnight financing rate, a global benchmark, to the widest since July twice in the past two weeks.The tightening supply of the US currency in China has coincided...
Oil drops 1% on sluggish Chinese economic recovery, stronger US dollar; Brent at $77/bbl
Oil fell around one per cent on Wednesday on sluggish economic recovery in China and a strengthening US dollar. The...
Investors favour India over China as world’s second biggest economy stutters
India is soon going to benefit from more passive investment inflows as its government debt will be added to JP...
China offers homeowners first-time-buyer loans in bid to boost market
China is to give existing homeowners access to first-time-buyer mortgages as President Xi Jinping battles to stimulate the country’s floundering...
Fasten your seatbelts – the global economy is heading for turbulence
How markets will cope with this is unclear. It has already prompted the question of what constitutes a risk-free asset?...
Biden’s back-firing rhetoric on China’s economic sluggishness…
In an astonishing display of rhetorical hubris, US President Joe Biden recently unleashed a fusillade of criticism aimed squarely at China,...
China offers mortgages to 80-year-olds in effort to prop up housing market
China is offering mortgages to borrowers as old as 80 as lenders scramble to prop up the country’s beleaguered housing...
