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October 18, 2021

Chinas

China’s record factory gate inflation stokes policy dilemma

Reuters
Copper rods are seen at Truong Phu cable factory in northern Hai Duong province, outside Hanoi, Vietnam, August 11, 2017. REUTERS/Kham/File Photo PPI hits record on output curbs, global commodity rally Sept PPI highest since data began to be compiled in 1996 Sept CPI 0.7% y/y vs +0.9% in Reuters......

China’s imports grow 17.6% in September, missing expectations

CNBC
CNBC – For more and to sign up click here Aerial photo of Taicang port container terminal, Suzhou City, Jiangsu Province in China, Oct. 4, 2021. Finn | Barcroft Media | Getty Images BEIJING — China reported disappointing growth in imports in September, while exports beat expectations, according to data......

China’s export growth likely eased in Sept on electricity curbs: Reuters poll

Reuters
BEIJING, Oct 12 (Reuters) – China’s export growth likely slowed in September as electricity rationing hit production at home, while a shift in consumption towards services as developed economies reopened likely reduced global appetite for Chinese goods, a Reuters polll showed on Tuesday. Exports are expected to have risen 21.0%......

China’s bond markets slump again as new Evergrande deadline passes

Reuters
An exterior view of the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China, September 29, 2021. REUTERS/Aly Song Evergrande looks set to miss third round of bond payments Some offshore bondholders have not had payment – sources Modern Land asks investors to push back bond payment Sinic warns......

Tesla took 12 years to build 100,000 cars. China’s Xpeng and Nio took about half that time

CNBC
CNBC – For more and to sign up click here Xpeng Motors launches the P5 sedan at an event in Guangzhou, China on April 14, 2021. The P5 is Xpeng’s third production model and features so-called Lidar technology. Arjun Kharpal | CNBC BEIJING — China’s electric car companies are racing......

China’s Ant Group increases registered capital by 47% to $5.4 bln

Reuters
A man walks past an Ant Group logo at the World Artificial Intelligence Conference (WAIC) in Shanghai, China, July 8, 2021. REUTERS/Yilei Sun/File Photo BEIJING, Oct 11 (Reuters) – China’s Ant Group has raised its registered capital to 35 billion yuan ($5.44 billion) from 23.8 billion yuan, public business registration......

Stick to broad commodities exposure amid China’s power crunch, market analyst says

CNBC
CNBC – For more and to sign up click here Commodity investors should stay diversified as China’s power crunch roils global energy and materials prices, one market analyst says. Though exchange-traded fund buyers have poured nearly $12 billion into China-based ETFs this year, trying to profit from one piece of......

China’s Xi vows ‘reunification’ with Taiwan, but holds off threatening force

Reuters
Chinese President Xi Jinping speaks at a meeting commemorating the 110th anniversary of Xinhai Revolution at the Great Hall of the People in Beijing, China October 9, 2021. REUTERS/Carlos Garcia Rawlins BEIJING, Oct 9 (Reuters) – Chinese President Xi Jinping vowed on Saturday to realise peaceful “reunification” with Taiwan, though......

China’s Tech Antitrust Campaign Snares Meituan, a Food-Delivery Giant

New York Times
China fined the food-delivery giant Meituan $530 million for antitrust violations on Friday, the second major penalty this year in Beijing’s efforts to bring the country’s big internet companies to heel. The government’s campaign has been blessed by the highest levels of the Communist Party leadership. It has involved a......

China’s Power Crunch Exposes Tensions Ahead of Key U.N. Climate Summit

@BreaknNews
Renewable energy in inland China sometimes generates more electricity than nearby consumers can use, but then at other times produces too little. Just five years ago, three inland regions that create abundant solar and wind energy power — sparsely populated Inner Mongolia, Xinjiang and Gansu — were wasting up to......

Analysis: Fall in China’s $1.3 trln land sales to test local finances, economy

Reuters
Land sales down 17.5% y/y in Aug – Reuters calculations August fall is the sharpest since height of pandemic in China 40% of plots on offer in June-Oct withdrawn or had no bidders Poorer land sales may hurt local govt spending, investment BEIJING, Oct 7 (Reuters) – Sagging demand at......

Biden says he and China’s Xi agree to abide by Taiwan agreement

Reuters
WASHINGTON, Oct 5 (Reuters) – U.S. President Joe Biden said on Tuesday that he has spoken to Chinese President Xi Jinping about Taiwan and they agreed to abide by the Taiwan agreement, as tensions have ratcheted up between Taipei and Beijing. “I’ve spoken with Xi about Taiwan. We agree …......

U.S. envoy Sullivan to meet China’s top diplomat amid high tensions

Reuters
U.S. national security adviser Jake Sullivan holds a news briefing about the situation in Afghanistan at the White House in Washington, U.S., August 17, 2021. REUTERS/Leah Millis WASHINGTON/BEIJING, Oct 5 (Reuters) – U.S. President Joe Biden’s national security adviser will hold talks with China’s top diplomat Yang Jiechi in Switzerland......

After China’s latest aerial taunt, it’s time to arm Taiwan to the teeth

NYPost
Rich Lowry China’s military aircraft invasion on Taiwan’s air zone sends a clear signal to the US — we must bolster Taiwan’s defenses to stop Xi Jinping’s madness. Source – For more click here To Return to the Main Aggregate News Page – click here Break’n Pics – Click here......

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