Tag: china-economy

Asian Trade Bloc Looks to China as RCEP Aims to Invigorate a Struggling Regional Economy
Members of a China-centered Asian trade bloc hope the initiative will help stimulate local economies following crippling losses sustained during the pandemic.  The Regional Comprehensive Economic Partnership (RCEP) includes 15 countries in the Asia-Pacific region...
chinese clothing factory in jiangsu province
Layoffs Increase in China as Multiple Industries Get Hit By Tougher Regulations
Over the past year, Beijing has imposed a plethora of regulations on industries ranging from tech, finance, education, property, and gaming. While China’s decisions have rattled global markets and investors alike, President Xi Jinping sees...
China economy failing
The Economic Scenario Beijing Fears Most Is Just Around the Corner
News analysis On Dec. 8 through Dec. 10, China held its annual Central Conference on the Economy in Beijing. The meeting is the highest level of economic analysis and decision-making of the Chinese Communist Party...
China Oil Reserve Release
China Releases Strategic Oil Reserves Following US Invite
Oil prices have soared by over 50 percent in the U.S following the COVID-19 pandemic. Now the Chinese government has agreed to release strategic oil reserves following a virtual meeting between U.S President Joe Biden...
Trading of Evergrande Shares Halted; Worries Concerning Chinese Property Market Deepen
On Oct. 4, Evergrande halted trading of its shares on the Hong Kong Stock Exchange (HKSE) pending a “major transaction,” which some believe involves Chinese state companies buying up portions of the firm’s assets.   Evergrande...
Trading of Bonds Suspended for Chinese Real Estate Giant Evergrande as Prices Plummet
Once the world’s most valuable real estate company, the Evergrande Group, had trading of its bonds suspended by China’s stock exchanges on Monday Sept. 6. The Shanghai Stock Exchange (SSE) said in a statement that...
Why China Is Tightening Up on Its Foreign Exchange Reserves
Since the second half of 2016, the Chinese government has been placing stricter controls on the country’s massive reserves of foreign currency as the economy suffers setbacks. Members of the Chinese middle class have found...
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Economic Trouble Is Threatening China’s Investment Projects
In the small Balkan nation of Montenegro, Chinese loans are driving the construction of a 165-kilometer (103-mile) expressway through a challenging stretch of mountainous territory. But the Montenegrin government has more to worry about than...