Articles for tag: Action, Attempts, Bold, Chinas, Crucial, Deflation, Economic, Grapple, Meet, Officials, Property, Sector, Skepticism, Stimulus, Struggling

September 28, 2024

China’s bold economic stimulus attempts meet skepticism as officials grapple with deflation and a struggling property sector. Immediate action is crucial.

China’s recent economic measures, aimed at strengthening the Market, have sparked optimism among investors. The government’s “blitz” stimulation package includes an interest rate cut and financial aid for the impoverished, reflecting an assertive response to current challenges like post-pandemic recovery and a struggling property sector. However, reliance on military metaphors such as “bazooka” can be ...

September 22, 2024

Market News

Politics

Modi’s Quad: A Friendly Alliance or Just Another Diplomatic Dance Amidst China’s Territorial Tango?

Prime Minister Narendra Modi addressed the Quad Leaders’ Summit on September 21, 2024, emphasizing that the Quad is not an adversarial group but champions a rules-based international order and respect for sovereignty. He highlighted the importance of a free, open, and inclusive Indo-Pacific region, indirectly referencing ongoing territorial disputes involving China. Modi acknowledged the rising ...

September 3, 2024

Market News

Business

China’s Shift: Navigating Africa’s Debt Trap Towards Profitable Partnerships

As Chinese President Xi Jinping hosts African leaders in Beijing, he enters a new economic phase focused on generating greater returns while minimizing risks. Over the last decade, China has invested over $120 billion in Africa through its Belt and Road Initiative, but some projects have faltered, leading to accusations of debt traps and corruption. ...

September 1, 2024

Market News

Business

China’s Housing Crisis Deepens: Real Estate Sales Plummet Amid Economic Struggles

China’s real estate Market is facing a severe downturn, with new-home sales plummeting by 26.8% in August compared to last year, reaching 251 billion yuan ($35.4 billion). This decline is more significant than the previous month’s drop and reflects the fading effects of a recent rescue package. In response, at least 10 cities have adjusted ...

September 1, 2024

Market News

Business

Strengthening Ties: Singapore and China’s Navies Unite for Maritime Exercise

The navies of Singapore and China have commenced the third edition of their bilateral maritime exercise, demonstrating their strong defense relationship. This year’s Exercise Maritime Cooperation, held from September 1 to 5, is taking place at the Ma Xie Naval Base in Zhanjiang, China, with approximately 200 personnel participating. The Singapore Navy’s Formidable-class frigate, RSS ...

May 17, 2024

Market News

Business

China’s Factories Booming but Retail Sales Struggling: Economic Recovery Imbalanced

China’s economic recovery is showing uneven progress, with factory output surging while retail sales continue to lag behind. The latest data reveals a divergence in the country’s economic recovery, as manufacturing activity picks up but consumer spending remains subdued. This trend highlights the challenges facing China’s economy in the wake of the COVID-19 pandemic. Click ...

May 12, 2024

Market News

Business

China’s Electric Vehicle Industry Expands Globally Despite Western Trade Barriers

China’s booming electric vehicle (EV) sector is venturing into offshore markets, undeterred by increasing protectionist measures in the West. Despite challenges posed by global trade tensions, Chinese EV companies are seizing opportunities to expand their presence globally. As they navigate through changing trade dynamics, Chinese EV manufacturers are forging ahead with innovation and technology advancements ...