Workers on the Tongjiang-Nizhneleninskoye railway bridge between China and Russia. Photo: Xinhua
China trade
China strengthens transport links with Russia’s resource-rich Far East
6 hours ago

China’s investment in Russia’s Far East is aimed at aiding imports of oil, natural gas and farm products, but no game-changing projects or large capital inflows are on the horizon amid the Ukraine war, experts say.

Workers on the Tongjiang-Nizhneleninskoye railway bridge between China and Russia. Photo: Xinhua
China strengthens transport links with Russia’s resource-rich Far East

China’s investment in Russia’s Far East is aimed at aiding imports of oil, natural gas and farm products, but no game-changing projects or large capital inflows are on the horizon amid the Ukraine war, experts say.

6 hours ago
OPEC+ makes big oil cut to boost prices

The larger-than-expected drop in production – by 2 million barrels per day – could lead to higher pump prices and deal the global economy another blow.

6 Oct 2022 - 2:02AM
South Korean weapon exports may top China’s as Seoul inks more defence deals

Eyeing a place among the world’s top defence-exporting nations, South Korea has been stepping up deals to supply advanced weapons such as jets and missile systems to the Middle East, Europe and elsewhere.

5 Oct 2022 - 9:00PM
A flare stack is seen at a Rosneft oil facility outside the town of Neftegorsk in Russia in September. Photo: Reuters
OPEC+ makes big oil cut to boost prices

The larger-than-expected drop in production – by 2 million barrels per day – could lead to higher pump prices and deal the global economy another blow.

6 Oct 2022 - 2:02AM
South Korea
South Korean weapon exports may top China’s as Seoul inks more defence deals

Eyeing a place among the world’s top defence-exporting nations, South Korea has been stepping up deals to supply advanced weapons such as jets and missile systems to the Middle East, Europe and elsewhere.

Eyeing a place among the world’s top defence-exporting nations, South Korea has been stepping up deals to supply advanced weapons such as jets and missile systems to the Middle East, Europe and elsewhere.

5 Oct 2022 - 9:00PM
China trade
China’s solar exports to Europe a bright spot amid dimming trade outlook

China is exporting more solar products to Europe as businesses and families flock to install rooftop solar panels amid soaring energy prices triggered by the war in Ukraine.

China is exporting more solar products to Europe as businesses and families flock to install rooftop solar panels amid soaring energy prices triggered by the war in Ukraine.

5 Oct 2022 - 4:13PM
Taiwan firms’ ‘crisis of confidence’ in China started before Pelosi: survey

Most Taiwanese companies doing business in mainland China have moved or planned to move some manufacturing or sourcing elsewhere, according to a US think tank poll.

5 Oct 2022 - 5:41AM
Taiwan firms’ ‘crisis of confidence’ in China started before Pelosi: survey
Can ‘peanut’ e-coupon lottery save Shanghai’s Covid-hit retail economy?

Can 1 billion yuan (US$140.5 million) of e-coupons save Shanghai’s battered retail industry? It’s peanuts, but a good start nonetheless, analysts say.

4 Oct 2022 - 12:36PM
Can ‘peanut’ e-coupon lottery save Shanghai’s Covid-hit retail economy?
China’s solar exports to Europe a bright spot amid dimming trade outlook

China is exporting more solar products to Europe as businesses and families flock to install rooftop solar panels amid soaring energy prices triggered by the war in Ukraine.

5 Oct 2022 - 4:13PM
Taiwan firms’ ‘crisis of confidence’ in China started before Pelosi: survey

Most Taiwanese companies doing business in mainland China have moved or planned to move some manufacturing or sourcing elsewhere, according to a US think tank poll.

5 Oct 2022 - 5:41AM
Can ‘peanut’ e-coupon lottery save Shanghai’s Covid-hit retail economy?

Can 1 billion yuan (US$140.5 million) of e-coupons save Shanghai’s battered retail industry? It’s peanuts, but a good start nonetheless, analysts say.

4 Oct 2022 - 12:36PM
China's yuan
Explainer | What will China’s central bank do to slow depreciation of the yuan?

China may cut banks’ forex reserve requirements again and could even restore the so-called counter cyclical factor to prevent a rapid depreciation in the currency, experts say.

China may cut banks’ forex reserve requirements again and could even restore the so-called counter cyclical factor to prevent a rapid depreciation in the currency, experts say.

27 Sep 2022 - 9:23AM
China’s offshore yuan tumbles to lowest level since 2011

China’s offshore yuan fell as far as 7.2349 early on Wednesday, the lowest level since such data became available in 2011, despite fresh policy steps to bolster the currency this week.

China’s offshore yuan fell as far as 7.2349 early on Wednesday, the lowest level since such data became available in 2011, despite fresh policy steps to bolster the currency this week.

28 Sep 2022 - 11:54AM
China ‘hits back at the yuan bears’, but new policy steps signal disquiet

China’s latest foreign exchange market intervention indicates greater determination to defend the yuan and prevent negative sentiment spreading across forex, stock and bond markets, analysts say.

China’s latest foreign exchange market intervention indicates greater determination to defend the yuan and prevent negative sentiment spreading across forex, stock and bond markets, analysts say.

26 Sep 2022 - 8:00PM
A tanker loads its cargo of LNG  from the Sakhalin-2 project in the port of Prigorodnoye, Russia. The Euro zone is widely expected to enter a technical recession later this year, as its heavy dependence on Russian natural gas sent energy prices through the roof. Photo: AP
As I see it | Strap in for a bumpy 2023 as inflation, supply chain woes continue to bite

China’s zero-Covid strategy, inflation and an energy crisis in Europe are likely to put a damper on the global economy until 2024, say economists.

30 Sep 2022 - 9:00AM
Macroscope | Why the world is waiting for a sharp slowdown in the US economy

The Fed’s abrupt shift in policy has wreaked havoc on markets the world over, pummelling currencies and bonds. The US central bank’s fight against inflation is likely to inflict more pain on other countries, unless the American economy slows enough to force an end to the tightening campaign.

The Fed’s abrupt shift in policy has wreaked havoc on markets the world over, pummelling currencies and bonds. The US central bank’s fight against inflation is likely to inflict more pain on other countries, unless the American economy slows enough to force an end to the tightening campaign.

30 Sep 2022 - 2:06AM
Why the world is waiting for a sharp slowdown in the US economy
Macroscope | Focus on ‘core’ as dangerous for the US as it is for China

Just as a fixation on core inflation can mislead central banks, the power of a ‘core leader’ is a recipe for misdirected and ultimately unsustainable policy. The very notion of a core adds a false sense of precision when policymakers attempt to address complex problems.

Just as a fixation on core inflation can mislead central banks, the power of a ‘core leader’ is a recipe for misdirected and ultimately unsustainable policy. The very notion of a core adds a false sense of precision when policymakers attempt to address complex problems.

29 Sep 2022 - 1:02AM
Focus on ‘core’ as dangerous for the US as it is for China

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