China Economy: Latest News, Statistics, and Analysis | South China ...
WEBChina’s August home prices slump by 5.7% as stimulus loses oomph. The smallest cities such as Yangzhou, Huizhou and Dali posted the biggest drops, with their losses widening from July and June. 14 Sep 2024 - 5:09AM. Economic Indicators.
Understanding the US-China Tech War - South China Morning Post
WEB3 days ago · China calls on US to axe tariff increases on EVs, solar cells and semiconductors. Beijing says Washington’s decision to raise duties on Chinese hi-tech goods will undermine supply chains without helping American industry. 15 Sep 2024 - 9:18AM. 16. Tech War.
US assures Manila of support after ‘deliberate collision’ in South ...
WEBAug 21, 2024 · The collision could set back recent efforts to de-escalate tensions in one of the world’s busiest waterways. Over recent decades, China has stepped up expansive sovereignty claims over the vast majority of the South China Sea – and its estimated 11 billion barrels of untapped oil and 190 trillion cubic feet of natural gas – often brushing aside competing claims by Brunei, Indonesia ...
US steps up export controls on advanced tech goods
WEBSep 6, 2024 · The United States announced on Thursday tighter export controls on critical technologies like quantum computing and semiconductor manufacturing goods, targeting access by adversaries like China. The Commerce Department said it is implementing worldwide export curbs on specific types of items such as ...
In Asia, US dollar’s growing strength gives rise to stability concerns ...
WEBMay 2, 2024 · With the US Federal Reserve poised to keep borrowing rates higher for longer – a move that would maintain pressure on Asian currencies – analysts expect that China’s central bank is likely to let the yuan weaken while also being mindful of capital outflows and trade conflicts.
China’s defence budget signals military readiness, not imminent …
WEBMar 5, 2024 · He also stressed the need for military loyalty, following one of the largest purges in the defence ministry in recent years. The world’s second-biggest military budget, which is set to grow to 1.67 trillion yuan (US$232 billion), according to the ministry, is closely watched as China faces multiple tensions in the South China Sea and the Taiwan Strait, as well as continued friction in its ...
Understanding China's digital currency - South China Morning Post
WEBMay 12, 2024 · Cash still king for China’s workers as digital yuan salaries fail to make splash. China has begun to test paying some state employees through its digital currency, but the trial is not making much impact in the e-CNY’s adoption as most quickly and automatically switch their salaries to cash. 12 May 2024 - 10:30PM.
US religious freedom report criticises China’s vetting of clergy
WEBJun 3, 2022 · As well as China’s crackdown on Muslim majority ethnicities in Xinjiang, the Chinese government “continues to harass adherents of other religions that it deems out of line with Chinese Communist Party doctrine”, Blinken said in remarks announcing the release of the 2021 Report on International Religious Freedom.
Companies rush to replace ‘just in time’ supply chains with ‘just in ...
WEBMay 16, 2020 · “There are plenty of suppliers in China, but only Sinopec is reliable [because] the rest are middle men buying and reselling it while marking the price up three to four times,” QYK’s chief executive Rakesh Tammabattula said in a telephone interview with South China Morning Post.. “What’s more, there is no way we can authenticate the filtration effectiveness of the fabric because we ...
Opinion | As the coronavirus disrupts food supply chains, who will …
WEBApr 12, 2020 · However, the Covid-19 pandemic has shaken the global food supply and could bring about a food crisis if governments fail to manage the challenge well, as warned by the heads of three global agencies – the United Nations Food and Agriculture Organisation, the World Health Organisation and the World Trade Organisation.
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