China is considering at least a dozen stimulus measures including interest-rate reductions to support areas such as real estate and domestic demand, Bloomberg News reported on Tuesday citing people familiar with the matter. China's property sector, once a pillar of economic growth, slumped sharply last ye
China is considering at least a dozen stimulus measures including interest-rate reductions to support areas such as real estate and domestic demand, Bloomberg News reported on Tuesday citing people familiar with the matter.
China's property sector, once a pillar of economic growth, slumped sharply last year with developers defaulting on debt or bonds and suspending construction of presold housing projects.
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China holds live-fire drills in East China Sea north of TaiwanBEIJING: China began military exercises in the East China sea to the north of Taiwan on Tuesday (Jun 13), including live-fire exercises from warships, as the United States and its allies conduct their drills in the Western Pacific. China routinely conducts exercises along its coast, though the ones ne
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Honduras opens China embassy after cutting ties with TaiwanThe number of countries that diplomatically recognise Taipei is now 13. Read more at straitstimes.com.
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US expands China forced-labour embargo, banning two new firmsThe latest additions widen the blacklist to 22 companies. Read more at straitstimes.com.
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Saudi Arabia seeks cooperation with China, 'ignores' Western worriesRIYADH: Saudi Arabia wants to collaborate, not compete, with China, the kingdom's energy minister declared on Sunday (Jun 11), saying he 'ignored' Western suspicions over their growing ties. As the world's top oil exporter, Saudi Arabia's bilateral relationship with the world's biggest energy consumer
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Marriages in China slump to historic lowBEIJING: Marriages in China dropped in 2022 to their lowest since records began, local news outlet Yicai reported on Sunday (Jun 11), continuing a steady decline over the past decade although the matrimonial total may have been affected by stringent COVID-19 lockdowns. Just 6.83 million couples completed t
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Commentary: Does China have the chops to play peacemaker in the Russia-Ukraine conflict?The tangible impact of China’s mediation will ultimately be evaluated on its ability to bring about a swift and peaceful resolution to Russia-Ukraine conflict, says The Australian National University's Visiting Fellow Xiaoli Guo.
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