China
The Latest
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China's Central Bank Slashes Reserve Ratio to Bolster Economic Recovery
In a strategic move to ensure ample liquidity and bolster a budding economic recovery, China's central bank has announced a cut in the amount of cash that banks must hold as reserves. This marks the second such reduction this year, underscoring Beijing's commitment to supporting the world's second-largest economy as it grapples with post-pandemic challenges. 
In a strategic move to ensure ample liquidity and bolster a budding economic recovery, China's central bank has announced a cut in the amount of cash that banks must hold as reserves. This marks the second such reduction this year, underscoring Beijing's commitment to supporting the world's second-largest economy as it grapples with post-pandemic challenges. -
China's Economic Hurdles: A Deep Dive into the Impending Challenges and Their Global Implications
China, once the world's fastest-growing economy, is now grappling with a series of economic challenges, casting a shadow over its ambitions to become the world's leading superpower. Recent data indicates a slowdown in manufacturing for the fifth consecutive month, coupled with the looming collapse of one of its largest homebuilders. This downturn is not an isolated incident but a reflection of deeper systemic issues plaguing the Chinese economy. 
China, once the world's fastest-growing economy, is now grappling with a series of economic challenges, casting a shadow over its ambitions to become the world's leading superpower. Recent data indicates a slowdown in manufacturing for the fifth consecutive month, coupled with the looming collapse of one of its largest homebuilders. This downturn is not an isolated incident but a reflection of deeper systemic issues plaguing the Chinese economy. -
China's Stance on Apple: Government Officials Barred from Using iPhones Amid US-Sino Strains
In a move that underscores the escalating tensions between China and the U.S., Chinese central government agencies have reportedly prohibited the use of Apple's iPhones and other foreign mobile devices by their officials. This decision was communicated to managers at central agencies through workplace chat groups or meetings, according to sources familiar with the situation. 
In a move that underscores the escalating tensions between China and the U.S., Chinese central government agencies have reportedly prohibited the use of Apple's iPhones and other foreign mobile devices by their officials. This decision was communicated to managers at central agencies through workplace chat groups or meetings, according to sources familiar with the situation. -
China Tightens Reins on Facial Recognition: Draft Guidelines Propose Restrictions for Businesses
In a move reflecting growing concerns about privacy and data security, China has unveiled draft guidelines aimed at curbing the use of facial recognition technology by businesses. The proposed regulations signal Beijing's intent to strike a balance between technological advancement and the protection of individual rights in the world's most populous nation. 
In a move reflecting growing concerns about privacy and data security, China has unveiled draft guidelines aimed at curbing the use of facial recognition technology by businesses. The proposed regulations signal Beijing's intent to strike a balance between technological advancement and the protection of individual rights in the world's most populous nation. -
Asia Under Siege: Extreme Weather Events Shake Up the Continent
Extreme weather is wreaking havoc across Asia, influenced by El Niño events and climate change. The Northern Hemisphere is experiencing extreme heat this summer. Last week, several Asian countries were hit by a powerful typhoon, high temperatures, and heavy rainfall. 
Extreme weather is wreaking havoc across Asia, influenced by El Niño events and climate change. The Northern Hemisphere is experiencing extreme heat this summer. Last week, several Asian countries were hit by a powerful typhoon, high temperatures, and heavy rainfall. -
China's Stern Warning Against NATO's Eastward Expansion: A New Cold War Brewing?
In a recent development that has sent ripples across the international community, China has voiced its strong opposition to NATO's perceived eastward expansion. Beijing has warned of a 'resolute response' to any actions that infringe upon its sovereignty, security, and development interests. 
In a recent development that has sent ripples across the international community, China has voiced its strong opposition to NATO's perceived eastward expansion. Beijing has warned of a 'resolute response' to any actions that infringe upon its sovereignty, security, and development interests. -
6 Killed in Kindergarten Attack, Unraveling the Roots of China's Rising 'Social Revenge' Attacks
In a shocking incident that has left the nation in mourning, a man armed with a knife stormed into a kindergarten in Lianjiang, Guangdong province, China, killing six people and injuring one. The victims included three students, two parents, and a teacher. The 25-year-old local man, surnamed Wu, was arrested following the attack. 
In a shocking incident that has left the nation in mourning, a man armed with a knife stormed into a kindergarten in Lianjiang, Guangdong province, China, killing six people and injuring one. The victims included three students, two parents, and a teacher. The 25-year-old local man, surnamed Wu, was arrested following the attack. -
China's CPI Stalls in June while PPI Plunges 5.4%
In June, China experienced a slump in both its annual Consumer Price Index (CPI) and its Producer Price Index (PPI), with the latter marking its sixth consecutive month of decline. 
In June, China experienced a slump in both its annual Consumer Price Index (CPI) and its Producer Price Index (PPI), with the latter marking its sixth consecutive month of decline. -
China Takes Aggressive Measures to Bolster Wavering Yuan Amid Economic Concerns
In an attempt to stabilize a rapidly declining yuan, China's monetary authorities implemented stringent measures on Tuesday, marking the first such intervention in nearly eight months. As per market sources, the People's Bank of China (PBOC) established a higher-than-anticipated trading range for the yuan and state banks engaged in dollar sales, demonstrating an increased concern over the yuan's swift depreciation. 
In an attempt to stabilize a rapidly declining yuan, China's monetary authorities implemented stringent measures on Tuesday, marking the first such intervention in nearly eight months. As per market sources, the People's Bank of China (PBOC) established a higher-than-anticipated trading range for the yuan and state banks engaged in dollar sales, demonstrating an increased concern over the yuan's swift depreciation. -
China's Economic Outlook Dims, Stimulus Measures Anticipated as S&P Downgrades GDP Forecast
Amid growing calls for economic stimulation, S&P Global has revised down its prediction for China's 2023 GDP growth to 5.2%, a reduction from the previous estimate of 5.5%. This adjustment aligns with similar downgrades made by substantial investment banks like Goldman Sachs, marking the first time a worldwide credit rating agency has lowered China's projection this year. 
Amid growing calls for economic stimulation, S&P Global has revised down its prediction for China's 2023 GDP growth to 5.2%, a reduction from the previous estimate of 5.5%. This adjustment aligns with similar downgrades made by substantial investment banks like Goldman Sachs, marking the first time a worldwide credit rating agency has lowered China's projection this year.
