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Foreign investors have pulled a record £12bn out of China in an economic blow for President Xi Jinping. Fears over the future of the world’s second largest economy meant foreign investors withdrew $14.8bn (£11.6bn) between April and June, data from the State Administration of Foreign Exchange shows. It was only …
Then let us also consider the effects on the Earth’s rotation. h/t seasnake
Wow, it collapsed REAL GOOD! Guizhou, China h/t BLOWED UP REAL GOOD
>ship factory to India>your products are now contaminated with e-coli laden shit https://t.co/tNheXkbD1Y pic.twitter.com/YTJKqZVMeQ — Into the Memory Hole (@frogNscorpion) August 5, 2024 Foxconn’s base in Sriperumbudur, India, started making the iPhone 15 series in August 2023. The goal was to shorten the shipping time difference between India and China …
The vessel exploded in a fireball at the Beilun terminal area of the Ningbo Zhoushan Port in the Zhejiang Province of east China. Authorities are investigating the incident. 🚨🇨🇳BREAKING: EXPLOSION AT WORLD’S BUSIEST PORT The vessel exploded in a fireball at the Beilun terminal area of the Ningbo Zhoushan Port …
via notayesmanseconomics We can start our look at China and its economy via this morning’s update on what is happening with inflation there. BEIJING, Aug. 9 (Xinhua) — China’s consumer prices gained mild growth in July as the domestic consumer demand continued to expand, official data showed Friday. The consumer …
(Bloomberg) — Chinese authorities have rejected a proposal made by the International Monetary Fund to use central government funds to complete unfinished housing, dealing a blow to hopes for more forceful support to an industry that’s been a major drag on the economy. The IMF called on China to deploy …
This doesn't make sense, Marco. You LITERALLY say foreign countries should be held accountable for not following US laws. O wait that's what you actually believe — Nury Vittachi (@NuryVittachi) August 1, 2024
It’s hard to be anonymous online in China. Websites and apps must verify users with their phone numbers, which are tied to personal identification numbers that all adults are assigned. Now it could get more difficult under a proposal by China’s internet regulators: The government wants to take over the …
Hungary borrowed one billion euros ($1.1 billion) from Chinese banks earlier this year, its debt management agency said on Thursday (25 July), as the EU member state faces a difficult financial situation. The Hungarian government did not announce the deal, which was first reported by the local financial news site …
Are you seeing any other site besides @ooda providing context on this? Even with all our domestic news, seems like we should all be tracking this closely: https://t.co/AXhKdqIvBc — Bob Gourley – e/acc (@bobgourley) July 23, 2024 Major concerns about the Three Gorges Dam, I hear. https://t.co/Yc1uvBwh44 — Dennis E. …
Authorities said a portion of the bridge in Zhashui County in the city of Shangluo collapsed on Friday evening after recent rains and flash flooding. As of 12 p.m. local time (12 a.m. ET) Saturday, search and rescue operations were ongoing after 17 cars and 8 trucks fell into the …
(Yicai) July 18 — China and Russia have launched the Arctic Express No. 1 rail-sea cargo service, with the Arctic shipping route potentially becoming a new channel for global trade amid climate change. NewNew Shipping Line and Russia’s Rosatom State Nuclear Energy opened the new service on July 5, the …
China’s Foreign Direct Investment (FDI) has indeed seen a significant decline. As of the latest reports, FDI into China dropped by 28.2% year-on-year, marking the lowest level since January 2009. This decline reflects broader economic challenges and shifts in global investment patterns. https://twitter.com/joosteninvestor/status/1813953331217436971
Predictions that China might indeed become number one have been increasingly frequent since the financial crisis, which slowed growth in the United States and Europe for years afterward. Before the financial crisis, China’s GDP had been growing at double-digit rates for years. Even in the first decade after the crisis, …
Washington must respect Beijing’s core interests if communication is to continue, Chinese foreign ministry says. China has cut off arms control and non-proliferation talks with the United States because of Washington’s arms sales to Taiwan, the Chinese foreign ministry said on Wednesday. “China has decided to suspend talks with the …
And it’s only getting worse. Recently, due to upstream water pressure, the Three Gorges Dam has increased its flood discharge efforts. On the morning of July 16, local time, the dam opened 11 spillways, releasing water at a rate of 44,000 cubic meters per second. This is only the second …
Hugo Boss said in its preliminary Q2 financial results on Monday that the Chinese market — a key one for the German fashion brand — was “particularly challenging.” British fashion house Burberry’s sales in mainland China fell 21% year-over-year in the most recent quarter, which board chair Gerry Murphy attributed …
In the predawn darkness, the Houba labour market in Guiyang is a sea of construction helmets as day workers seek temporary jobs in the south-western Chinese city. But many of these so-called migrant workers, labourers who have left their homes in mostly rural areas to find jobs in the city, …
via notayesmanseconomics This morning has brought us up to date with our leading indicator for the Chinese economy. So let me hand you over to the National Bureau of Statistics of China. Second, the real estate market has become more active recently. All regions and departments have adapted to the …
At least 40 high-risk Chinese banks have been lost to mergers in the first six months of this year alone as local lenders buckle under exposure to debts, according to reports. Small and medium-sized banks, long an integral part of poor towns and villages, numbered 1,636 at the end of …
China sometimes teaches us about Capitalism — axcilla (@axcilla) July 14, 2024
President Joe Biden’s signing of the “Promoting Resolution of the Tibet-China Conflict Act” has escalated tensions with China. According to Lenta this has prompted strong objections from Beijing The Chinese Ministry of Foreign Affairs condemned the bill, labeling it a blatant interference in China’s internal affairs and a violation of …
FIRST ON FOX: House lawmakers are urging the Biden administration to do more to push back against countries, including China, who fail to take back their illegal immigrants amid an influx of nationals across the southern border. The 14 Republican lawmakers, led by Rep. Chip Roy, R-Texas, are raising concerns …
The clock is ticking, problems may deepen Why do small banks have such big problems? Many Chinese cities and even entire regions are drowning in debt. The liabilities were so high that local government representatives sent envoys to Beijing in the spring. They are negotiating terms for repaying billions in …
CHINA’s space agency has officially declared that the US is a competitor on the moon for the very first time. The China National Space Administration’s shock decision comes after they fiercely stated they’d never compete with the US. The CNSA said: “It is foreseeable that in the next 20 to …
https://twitter.com/ronin19217435/status/1810341175783506352 https://twitter.com/ronin19217435/status/1810385872031830355 Jiangxi Bank of China goes under China's banking sector is facing a full-scale crisis. In just one week, 40 banks disappeared, absorbed into larger institutions. Today, Jiangxi Bank of China went under, further escalating the crisis. China's smaller banks are struggling with… pic.twitter.com/snhGqg1DCN — Sina 🗝️⚡ BI Report …
A group of Chinese army personnel arrived in Belarus on July 6, 2024, to participate in joint “anti-terrorist training” with Belarusian forces. These exercises aim to exchange experience, coordinate units, and strengthen Belarusian-Chinese relations in troop training. Belarus, a key ally of Russia, has supported Russian aggression against Ukraine but …
🚨New: Chilling footage captures a powerful tornado in Dongming, Shandong Province, China. pic.twitter.com/uSlYkAJiLD — The Calvin Coolidge Project (@TheCalvinCooli1) July 6, 2024 Eyewitness footage shows a funnel-shaped tornado ripping through Shandong province in China. The tornado tragically killed one person and injured 79 others, according to the Dongming Emergency Management …
