Economic Ramifications

China to Continue Support For Debt-Laden Pakistan, Says Xi

Chinese leader promises to help its troubled neighbour, but calls for progress on the bilateral economic corridor and Gwadar port

1 year ago

China Central Bank Pledges Credit Support But a Stable Yuan

China will make $27.6 billion available in special loans to ensure the delivery of stalled housing projects, central bank governor…

1 year ago

WhatsApp Back Online After Global Outage Disrupts Asia

Problems were reported by 19,000 users in Singapore and 68,000 in the UK, as well as users in India and…

1 year ago

Germany May Grant Cosco a Smaller Stake in Hamburg Port

But Germany's economy and foreign ministries were still advising against the deal, even with the amended terms.

1 year ago

Hyundai Considers Selling Its Russian Production Plant

Hyundai and Kia together could generate at least a $315 million loss this year due to the business environment in…

2 years ago

Xi Puts Tech First in China’s Development Goals – SCMP

Chinese President stressed innovation and hailed progress in the areas of space flight and exploration, quantum information and supercomputers.

2 years ago

Xi Jinping Doubles Down on China’s Zero Covid Policy – NYT

Xi said his ruling party will continue to wage an "all out people's war to stop the spread of the…

2 years ago

South Korea to Scrap Tax on Foreign Bond Investment

"There is a need to make a quick move to attract more foreign investment into our treasury bond market," finance…

2 years ago

Taiwan Expects $940 Million of New Chip Investment from US

Economy minister Wang Mei-hua said she received "great interest" from meetings with Cisco Systems Inc, NVIDIA Corp, Applied Materials IncĀ and…

2 years ago

China is The Main ‘Barrier’ to Global Debt Relief, Says West

The world's poorest countries face $35 billion in debt-service payments, with more than 40% of the total due to China,…

2 years ago

Thailand to Grow 3.5% as a Weak Baht Boosts Exports

Exports are predicted to rise by 8% this year as the baht hovers near 16-year lows against the dollar, but…

2 years ago

China’s Factory Activity Edges up But Service Sector Slows

China's factory activity rose in September but service sector growth slowed as the economy battled low demand and Covid curbs.…

2 years ago