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China update

Best of 2023: Chinese investors scrambling to sell overseas properties tops most-read China economy stories

by Ron Morgan
Best of 2023: Chinese investors scrambling to sell overseas properties tops most-read China economy stories

Read the full story here. 2. China’s shipping containers pile up at overcrowded port as overseas orders dwindle (Ji Siqi – February 20, 2023) Empty containers at Yantian Port in …

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China-India trade tensions may continue in 2024, but Beijing doesn’t want to rock the boat

by Walter Watson
China-India trade tensions may continue in 2024, but Beijing doesn’t want to rock the boat

India’s imports of Chinese laser machinery totalled US$174.57 million in 2022, according to the Post’s calculations using data from India’s Ministry of Commerce and Industry. 4 things to ponder as …

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China ups the ante in bid to rival SpaceX’s Starlink as G60 megaconstellation satellite rolls off the production line in Shanghai

by Ron Morgan
China ups the ante in bid to rival SpaceX’s Starlink as G60 megaconstellation satellite rolls off the production line in Shanghai

China’s second low-earth satellite megaconstellation to provide broadband internet services began production in Shanghai on Wednesday, amid a push to explore potential in the space technology industry and as competition …

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China ups Asean trade, investment push with new high-speed railway link connecting to Vietnam border

by Walter Watson
China ups Asean trade, investment push with new high-speed railway link connecting to Vietnam border

The first high-speed railway connecting a Chinese city on the China-Vietnam border with the nation’s national network began operations on Wednesday, underlining Beijing’s efforts to deepen trade and investment cooperation …

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China’s yuan stability pressure creates ‘limited space’ for economic policy moves, risks in turning on money tap

by Walter Watson
China’s yuan stability pressure creates ‘limited space’ for economic policy moves, risks in turning on money tap

But while expectations are high that Beijing would further ease its fiscal and monetary policies to shore up growth, there may be limited room for such manoeuvres, especially when it …

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China’s manufacturers, exporters urged to speed up low-carbon transition as EU wields ‘trade weapon’ with import tax

by Walter Watson
China’s manufacturers, exporters urged to speed up low-carbon transition as EU wields ‘trade weapon’ with import tax

Under the new mechanism, importers would have to pay the difference between the carbon emission price in the country of origin and that of domestic production in the EU. Due …

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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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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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