6 d. ago China urged to issue 30 trillion yuan in bonds to tackle local debt crisis

China should issue 30 trillion yuan (US$4.2 trillion) in treasury bonds to swap local governments’ hidden liabilities to re-energise growth momentum and cut off financial risks at their root, a Beijing-based think tank has proposed. Such a move, combined with a few trillion yuan worth of additional bonds to shore up the property market, boost consumption and remove excessive industrial capacity, would be a strong step toward resolving China’s local-level debt and real estate crises once and for...

Events

6 d. ago US Removes Curbs on China Chip Design Software Following Deal

US Removes Curbs on China Chip Design Software Following Deal  Bloomberg

Events

6 d. ago Trump Administration Removes Chip Design Software Restrictions On China

Trump Administration Removes Chip Design Software Restrictions On China  Wccftech

Politics

2 w. ago China looks to Singapore to help secure supply chains from US trade war turmoil

China and Singapore should work together to safeguard global supply chains, Chinese Premier Li Qiang said on Monday as Beijing seeks deeper ties with neighbouring countries to help offset trade tensions with Washington. In talks with Singaporean Prime Minister Lawrence Wong at the Great Hall of the People in Beijing, Li said bilateral ties had continued to strengthen, and the two countries were “friendly neighbours and important partners”. “China is willing to maintain close high-level exchanges...

Events

2 w. ago Anker, Romoss recall over 1.2 million power banks amid fire risks

Two major Chinese electronics manufacturers, Anker and Romoss, have launched massive recall programmes for over 1.2 million power banks, marking one of China’s largest gadget removal efforts in recent years, with both companies citing problematic battery cells that overheat and made them fire hazards. Anker - based in Changsha, capital of central Hunan province -announced its recall on Friday, affecting over 712,000 units across seven power bank models. The company attributed the issue to an...

Events

3 w. ago Premier urges China’s Jiangsu to embrace ‘higher development expectations’

As Beijing looks to shore up China’s economic growth amid mounting challenges, Premier Li Qiang has called on Jiangsu province, a key manufacturing hub on the country’s east coast, to step up its efforts in technology, trade and consumption. During a three-day visit to the province from Monday, Li emphasised the importance of embracing innovative development, stimulating effective demand, fostering entrepreneurship, and deepening reform and opening up to support China’s sustained economic...

Politics

3 w. ago EU spurns economic dialogue with China over deepening trade rift

EU spurns economic dialogue with China over deepening trade rift  Financial Times

Economics

3 w. ago China to remove tariffs on African goods, deepening economic ties with the continent

China to remove tariffs on African goods, deepening economic ties with the continent  Peoples Dispatch

Economics

3 w. ago WATCH: Trump says ‘not a bad idea’ to include China in G7, removing Russia ‘a mistake’

WATCH: Trump says ‘not a bad idea’ to include China in G7, removing Russia ‘a mistake’  PBS

Politics

3 w. ago Trump calls removing Russia from G8 ‘mistake,’ suggests adding China | Daily Sabah

Trump calls removing Russia from G8 ‘mistake,’ suggests adding China | Daily Sabah  Daily Sabah

Politics

3 w. ago Trump says it was a 'mistake' to remove Russia from G8, says China could be added

Trump says it was a 'mistake' to remove Russia from G8, says China could be added  Anadolu Ajansı

Politics

3 w. ago China says it will drop tariffs on almost all African imports

China says it will drop tariffs on almost all African imports  Macao News

Politics

3 w. ago China says it will remove all tariffs on African exports to boost trade

China says it will remove all tariffs on African exports to boost trade  Reuters

Politics

3 w. ago China to remove tariffs on nearly all goods from Africa as both criticise US

Twenty more African countries, mostly from the continent’s middle-income nations, are set to gain access to the world’s largest consumer market duty-free as Beijing plans to remove tariffs for all products from every African nation except eSwatini. The measure was announced as African ministers joined Beijing at a meeting in central China affiliated with the Forum on China-Africa Cooperation (FOCAC). Amid the tariff war, representatives from China and African nations accused the United States of...

Politics