Nicaragua Receives 1 Million COVID-19 Vaccines from China After Dropping Diplomatic Ties With Taiwan
Days after cutting formal diplomatic relations with Taiwan, the government of Nicaragua has received one million vaccines from the mainland Chinese government. Government representatives returned to the Central American nation on Dec. 12 with news...
Future of Taiwan’s President Tsai Could Hinge on How She Handles a Vote on 4 Policies
While COVID-19 ravaged and devastated most of the world, Taiwan was praised and viewed as a model to follow in the way it kept the pandemic at bay, allowing its citizens to largely go about...
Unsold Home Inventories in China Hit Five-Year High
In November, China’s unsold housing stock in its top 100 cities reached the highest number in five years according to a survey conducted by E-house China Research and Development Institution. Demand in smaller centers also...
Beijing Allows Real Estate Firms to Issue Debts
Regulators in China have decided to allow real estate companies to issue debts in a move aimed to help the country’s struggling property firms. The money raised via such debts can be used to fund...
7 Ways China Is Destroying Its Own Economy
News analysis In 2021, China’s economy finds itself in chaos. According to its National Bureau of Statistics, China’s GDP grew by 18.3 percent in the first quarter, 7.9 percent in the second quarter, and fell...
Chinese Property Developers to Raise Funds Through Supply Chain Asset-Backed Securities
The Chinese real estate sector is going through tough times as many developers are facing financial troubles, and are unable to pay their suppliers or debt holders. To help deal with the issue, Chinese regulators...
US and Taiwan Reach New Agreement to Bolster Chip Technology
The U.S. and Taiwan have reached a new agreement to strengthen cooperation between the two by establishing new frameworks in technology trade, investment and innovation. U.S. Commerce Secretary Gina Raimondo’s office said a five-hour call...
Delisting Fears Wipes Out Over $1 Trillion From Chinese Stocks
The decades-long relationship between Wall Street and China seems to be coming to an end as many Chinese companies face the risk of being removed from U.S. stock exchanges. The development comes as the Securities...
Beijing Slashes Reserve Requirement For Banks
The People's Bank of China, the country’s central bank, has announced that it will reduce the reserve requirement ratio (RRR) for banks. The reserve requirement forces banks to maintain liquid money so as to ensure...
