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china news

China-Europe container shipping rates soar as Red Sea attacks push firms to skip Suez Canal

by Walter Watson
China-Europe container shipping rates soar as Red Sea attacks push firms to skip Suez Canal

The Iran-aligned Yemeni anti-government group has stepped up their involvement in the Israel-Gaza war, and has increasingly targeted vessels navigating the Red Sea in recent months, warning of attacks on …

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UAE seeks closer China ties through Africa, South Pacific investments as Middle East nation eyes ‘global player role’

by Walter Watson
UAE seeks closer China ties through Africa, South Pacific investments as Middle East nation eyes ‘global player role’

China has invested in Africa for nearly a quarter of a century, lured by its natural resources and chance to form closer relations with the region seen as relatively overlooked …

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Amid US tech war, is China stuck in a middle-technology trap? Is it time to open its doors wider?

by Ron Morgan
Amid US tech war, is China stuck in a middle-technology trap? Is it time to open its doors wider?

China’s top science academy has warned of a potential “middle-technology trap”, with the leading analyst who published the concept calling for the country to “open its doors” to avoid becoming …

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Expulsion of foreign student from China fans equal treatment call

by Ron Morgan
Expulsion of foreign student from China fans equal treatment call

“The management requirements for Chinese students should be applied equally to foreign students – earning credits, abiding by school discipline, being ethical – none of [these virtues] should be missing,” …

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Fed interest rate stance could help ‘pummelled’ yuan, China could feel ripple effects of 2024 cuts

by Walter Watson
Fed interest rate stance could help ‘pummelled’ yuan, China could feel ripple effects of 2024 cuts

The US Federal Reserve’s dovish monetary stance and its hint of three interest rate cuts in 2024 may bring some relief to Chinese businesses and the yuan, said analysts and …

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China’s stocks, bonds to suffer US$65 billion capital outflow in 2024 amid geopolitical risks, waning investor sentiment

by Anas Siddiqui
China’s stocks, bonds to suffer US billion capital outflow in 2024 amid geopolitical risks, waning investor sentiment

Elevated geopolitical risk and a change of investor sentiment would hold back foreign investors’ interests in Chinese stocks and bonds next year, according to the Institute of International Finance (IIF). …

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Saudi Arabia urges Chinese firms to explore its ‘phenomenal demand’, cooperate in green transition

by Walter Watson
Saudi Arabia urges Chinese firms to explore its ‘phenomenal demand’, cooperate in green transition

Saudi Arabia’s investment minister called for further facilitation on green transition collaborations with Chinese companies in Beijing on Tuesday, with bilateral trade and business exchanges in full swing amid their …

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China ‘more investible than ever’ for Middle East and Latin America, but Western capital remains wary

by Walter Watson
China ‘more investible than ever’ for Middle East and Latin America, but Western capital remains wary

China is more investible than ever for businesses from the Middle East and Latin America, but it would not regain its appeal for Western investors any time soon amid its …

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Italy tells China it will terminate belt and road agreement, eliminating G7 participation

by Ron Morgan
Italy tells China it will terminate belt and road agreement, eliminating G7 participation

Italy has formally told the Chinese government that it has decided to end its membership of the Belt and Road Initiative, leaving China’s flagship infrastructure drive without any G7 members. …

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China’s services activity accelerates to 3-month high in November on boost from new orders

by Ron Morgan
China’s services activity accelerates to 3-month high in November on boost from new orders

China’s services activity expanded at a quicker pace in November, a private-sector survey showed on Tuesday, as the upturn in new businesses were the best seen for three months amid …

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