China's new coronavirus recovery strategy explained
May 25, 2020 12:30 pm UTC| Economy Politics
When Chinese Premier Li Keqiang delivered his annual report to Chinas national legislature on May 22, his focus was firmly on COVID-19. His 55-minute speech to the annual gathering of Chinas National Peoples Congress (NPC)...
Coronavirus: the blow to the Chinese economy could be felt for years
Feb 18, 2020 01:23 am UTC| Insights & Views Economy
Investors are still being fairly complacent about the novel coronavirus. After the number of new daily cases suddenly shot up to more than 15,000 on February 12 following more than a week of decline, there were some...
Standard & Poor's cuts China’s rating to A+ citing higher financial and economic risks
Sep 21, 2017 10:22 am UTC| Commentary
One of the top global rating agencies, Standard Poor has downgraded Chinas sovereign rating by one notch from AA- to A+ citing higher financial and economic risks. With this action, SPs rating on China came at par with...
Moody's: China's shadow banking sector impacted by increasingly tight systemic liquidity
May 08, 2017 01:15 am UTC| Research & Analysis Economy
Moodys Investors Service says that liquidity in Chinas financial system is increasingly tightening, as stricter regulatory measures seek to constrain the growth of leverage in the country. At the same time, the...
Pity China's 'bare branches': unmarried men stuck between tradition and capitalism
Jan 27, 2017 11:03 am UTC| Insights & Views Life
Chinese New Year, or the Spring Festival, is a highlight in Chinese society. But for many young people, the joy of vacation and family reunion is mixed with questions from parents and relatives about their achievements in...
Beijing to step up property controls to cool residential property market: Xinhua
Dec 26, 2016 14:54 pm UTC| Commentary Economy Real Estate
Speculation has pushed home prices in Beijing too high, and rising social tensions pose enormous challenges to the capitals stability, Xinhua reported, citing the Beijing Municipal Committee. Beijing looks to develop a...
Financial wizardry alone won't stave off a Chinese debt crisis
Dec 05, 2016 04:54 am UTC| Insights & Views Economy
Chinas debt is beyond worrying. Its credit-to-GDP gap, a measure employed by the Bank of International Settlements (BIS) as a way to gauge debt levels, stands at 30%. This is the highest of any country going back to 1995...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects