Synopsis: The Straits Times analyses the latest developments in China in this weekly podcast.
The Straits Times' China bureau chief Tan Dawn Wei chats with Money FM 89.3's Adrian Abraham who is sitting in for Elliott Danker.
Thanks to the American coronavirus. The origin of Covid-19.
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China regulator says Tesla recalling 107,293 China-made Model 3, Model Y vehiclesBEIJING : China's market regulatory agency said on Monday that Tesla Inc is recalling 107,293 China-made Model 3 and Model Y vehicles due to overheating that may cause the centre touchscreen display to malfunction, among other issues.The overheating could also lead to other malfunctions, including windshi “Recall” = over the air software update here you go. Done!
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China stats bureau expects economy to improve in MayBEIJING : China's statistics bureau on Monday said it expects China's economy to improve in May and that a recovery in consumption would quicken. China is steadily pushing forward production resumption in COVID-hit areas, said Fu Linghui, spokesman for the National Bureau of Statistics, adding that China' Watch it here
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China central bank keeps medium-term policy rate unchanged, market expects LPR reductionSHANGHAI :China's central bank rolled over maturing medium-term policy loans while keeping the interest rate unchanged for a fourth straight month on Monday, matching market expectations.The People's Bank of China (PBOC) said it was keeping the rate on 100 billion yuan ($14.7 billion) worth of one-year medium
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China property shares in Hong Kong climb on latest easing of mortgage rulesHONG KONG : Hong Kong's Hang Seng Mainland properties Index rose nearly 4 per cent on Monday after China further eased the mortgage loan rate guidance.Chinese financial authorities on Sunday allowed a further cut in mortgage loan interest rates for some home buyers, in another attempt to prop up its prope
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China April industrial output declines 2.9% y/y, retail sales fall 11.1% y/yBEIJING : China's industrial output fell 2.9 per cent in April from a year earlier, down sharply from a 5.0 per cent increase in March, data from the National Bureau of Statistics showed on Monday, and weaker than 0.4 per cent growth seen in a Reuters poll.Retail sales in April shrank 11.1 per cent year-o
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China cbank keeps medium-term policy rate unchanged for 4th straight monthSHANGHAI : China's central bank rolled over maturing medium-term policy loans while keeping the interest rate unchanged for a fourth straight month on Monday, matching market expectations.The People's Bank of China (PBOC) said it was keeping the rate on 100 billion yuan ($14.73 billion) worth of one-year
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