The Straits Times analyses the latest developments in China in this weekly podcast.
Your browser does not support iframes, but you can use the following link:From the G-7’s attempt to compete with China’s formidable Belt and Road Initiative to things potentially easing up in Beijing with schools reopening to Chinese President Xi Jinping take a shot at the US and its allies over opposition to the war in Ukraine at the BRICS virtual meeting.
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China slashes COVID-19 quarantine time for international travellersBEIJING: China on Tuesday (Jun 28) slashed the quarantine time for inbound travellers by half in a major easing of one of the world's strictest COVID-19 curbs, which have deterred travel in and out of the country since 2020. Quarantine at centralised facilities has been cut to seven days from 14, and subse Too little, too late.
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China May industrial profits fall 6.5% y/yBEIJING : Profit at China's industrial firms in May fell 6.5 per cent from a year earlier, less than the 8.5 per cent slump logged in April, the National Bureau of Statistics said on Monday.Industrial profit grew 1.0 per cent in January-May compared with a 3.5 per cent gain in the first four months.
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China cbank makes biggest daily cash injection in three monthsSHANGHAI : China's central bank made the biggest daily cash injection into the banking system via open market operations in nearly three months on Monday, to ease pressure from rising cash demand towards the end of the first half of the year.The People's Bank of China (PBOC) injected 100 billion yuan ($1 السلام عليكم تحية طيبة
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Australia commits to Pacific islands defence training as China plans rival meetSYDNEY: Australia will set up a defence school to train Pacific island militaries, Canberra's new Pacific minister said, amid mounting competition for security ties in the region and as China lays plans for a rival meeting to next month's Pacific Islands Forum. Australia will double its funding for aerial
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Sunac China seeks to reduce June and Sept amortization bond paymentsHONG KONG : Cash-strapped property developer Sunac China is seeking to reduce amortization payments due in June and September on an onshore bond worth 4 billion yuan ($598 million), a filing on Monday showed. Sunac was supposed to pay 10 per cent and 15 per cent of the principal at the end of June and Sep
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China Evergrande faces winding-up lawsuit in Hong KongHONG KONG : A winding-up petition has been filed against embattled property developer China Evergrande Group at the Hong Kong high court, the judiciary's website showed.The petition was made by 'Top Shine Global Limited of Intershore Consult (Samoa) Limited', according to the website, and a hearing will b
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