Tag: China Business & Economy

CFIUS: Act Tougher on China

January 21, 2022
AnalysisChinaChina Business & EconomyFBIIcon Aircraft Inc.militaryOpinionThinking About ChinaThreat from Communist ChinaUS-China relationsViewpoints
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Commentary China is vacuuming up a U.S. amphibious aircraft company that produces sophisticated airplanes with foldable carbon-fiber wings. The planes are recreational, but their transformation into militarized drones that target U.S. and allied forces is a distinct possibility that has the Americans who used to lead the company up in arms and complaining to our…

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China’s Economic Coercion of Australia a ‘Wake-Up Call’ to World: UK Minister

January 21, 2022
arms raceAUKUSAustraliaChinaChina Business & EconomyChina-Australia RelationsChinese Regimeeconomic coercionIndo-Pacific RegionInternational Relationsliz trussSpecial TopicsUKWorld
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The Chinese regime’s economic coercion of Australia has been a “wake-up call” to other countries, Britain’s Foreign Secretary Liz Truss has said. China had been Australia’s top trading partner. But after Australia called for an independent investigation into the origins of COVID-19 in April 2020, the Communist regime retaliated by adopting a series of measures…

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Evergrande Offshore Creditors Warn of Legal Action Over Default and Weak Engagement

January 21, 2022
Business & EconomyChinaChina Business & Economycreditorseconomyevergrandelegal action
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International creditors of the world’s most-indebted property developer threatened on Jan. 20 they would roll out “all necessary actions” to defend their rights if the company fails to resolve its default in good faith. China Evergrande Group has been struggling with over $300 billion in total liabilities, including nearly $20 billion of international bonds all…

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US Lawmakers Call Tesla Expansion in Xinjiang ‘Misguided’

January 21, 2022
Business & EconomyChinaChina Business & EconomyChina Human RightsCompaniesteslaUS-China relationsXinjiang
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WASHINGTON—The chairmen of two congressional panels on oversight and trade on Thursday assailed Tesla’s expansion in China’s far-western Xinjiang region, where detention camps have drawn heavy criticism, and asked the electric car maker about its Chinese product sourcing. “Your misguided expansion into the Xinjiang Uyghur Autonomous Region sets a poor example and further empowers the…

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China Cuts Key Rates to Boost Slowing Economy

January 20, 2022
Business & EconomyChinaChina Business & Economyeconomic policiesLPR
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China lowered mortgage lending benchmark rates on Jan. 20, after data earlier in the week pointed to a darkening outlook for the country’s troubled property sector. The cut to the one-year and five-year loan prime rates (LPR) followed surprise cuts by China’s central bank on Monday to its short- and medium-term lending rates for the…

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China Easing Monetary Policy as Economic Realities Set In

January 20, 2022
Business & EconomyBusiness ColumnistsChinaChina Business & Economymonetary policyOpinionThinking About China
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Commentary In the face of mounting economic troubles, Beijing finally blinked. As the country enters a key month of Chinese New Year, Winter Olympic games, while faced with an economic slowdown, persistent consumption and property sector issues, the Chinese Communist Party (CCP) decided to bite the bullet and interest rates to spur growth. The People’s…

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Beijing Expands Real Estate Investment Trusts to Reduce Local Government Debt Risk

January 20, 2022
Business & EconomyCCPChinaChina Business & EconomyChinese economyChinese RegimeLGFVLocal Government DebtREITSUncategorized
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News Analysis Beijing has recently ordered local governments to accelerate the listing and issuance of real estate investment trusts (REITs) in the infrastructure sector, pledging to grant policy support. The Chinese Communist Party (CCP) is currently seeking to strengthen infrastructure funding channels and alleviate local debt risk, while easing pressure on the central government’s finance….

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DiDi Reported $4.7 Billion Loss in Q3 Raising Concerns as It Plans Hong Kong IPO

January 20, 2022
ChinaChina Business & EconomyChinese Regimedelisting chinese companiesDidi Chuxing
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DiDi—China’s ride-hailing giant which announced on Dec. 3, 2021, that it would begin delisting from the New York Stock Exchange—suffered a loss of 30 billion yuan ($4.7 billion) in the Q3, leading to concerns about its plan to list in Hong Kong this year. The company announced its Q3 revenue on Dec. 29, 2021, bringing…

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Huawei’s Frequent Investments in Chip Companies Fails Amid China’s Chip Making Campaign

January 20, 2022
ChinaChina Business & EconomyChip Factorychip makingHuaweiSpecial TopicsTech Competition
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News Analysis Huawei has been ramping up investments in chip companies in the past three years as a part of China’s chip manufacturing movement, yet the state-backed tactic is likely headed toward failure. Just one month before the United States imposed sanctions on Huawei, the Chinese high-tech giant established on April 23, 2019, its wholly-owned…

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China Claims 8.1 Percent Growth, but Economy Is Slowing

January 19, 2022
AnalysisBeijingChinaChina Business & EconomyeconomyOpinionThinking About ChinaViewpoints
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News Analysis Beijing struggles to maintain economic growth. The Chinese Communist Party (CCP) claims to have achieved 8.1 percent GDP growth last year, in spite of fourth quarter growth only hitting 4 percent. This year, Beijing faces reduced demand, supply chain disruption, and tight credit, as well as a lack of consumer and business confidence….

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