Archive for October 14th, 2021

China trade surplus with the US rises to monthly record in September

14-Oct-2021 Intellasia | CNBC | 5:53 AM

China reported disappointing growth in imports in September, while exports beat expectations, according to data released Wednesday by the customs agency. Imports in US dollar [...] » More

China developers’ bonds, shares hit again by Evergrande contagion worries

14-Oct-2021 Intellasia | Reuters | 5:53 AM

Shares and bonds of Chinese property companies fell further on Wednesday after China Evergrande Group (3333.HK) missed a third round of interest payments on its dollar bonds [...] » More

India-China Border Row: Beijing Won’t Budge, Even at the Cost of War

14-Oct-2021 Intellasia | The Quint | 5:53 AM

Both India and China accused each other for the failure to move forward during the 13th round of the commanders meeting on 10 October at Moldo in the western sector of the [...] » More

In search for covid origins, Hubei caves and wildlife farms draw new scrutiny

In search for covid origins, Hubei caves and wildlife farms draw new scrutiny

14-Oct-2021 Intellasia | ADN | 5:53 AM

Hundreds of caves are spread throughout the mountains of Enshi prefecture, an agricultural corner of China’s Hubei province. The most majestic, Tenglong, or [...] » More

China to test thousands of Wuhan blood samples in Covid-19 probe

14-Oct-2021 Intellasia | CNN | 5:53 AM

China is preparing to test tens of thousands of blood bank samples from the city of Wuhan as part of a probe into the origins of Covid-19, according to a Chinese official. [...] » More

China Evergrande Misses Two More Dollar Bond Interest Payments, Debt Woes Continue

14-Oct-2021 Intellasia | | 5:53 AM

China Evergrande Group’s (HK:3333) debt woes continue, after some holders of two of the developer’s US dollar bonds with coupons due Monday saying they had yet to [...] » More

China says military drills near Taiwan a ‘just’ move

14-Oct-2021 Intellasia | Reuters | 5:53 AM

Chinese military drills near Taiwan are targeted at forces promoting the island’s formal independence and are a “just” move to protect peace, China said on [...] » More

China exports up 28pct in September; surplus with US at $42B

14-Oct-2021 Intellasia | The Independent | 5:53 AM

China’s import and export growth slowed in September amid shipping bottlenecks and other disruptions combined with coronavirus outbreaks, according to customs data [...] » More

China and India face a deepening energy crunch

14-Oct-2021 Intellasia | CNN | 5:53 AM

Two of Asia’s largest economies are racing to contain a worsening energy crunch. China is trying to assuage concerns about skyrocketing prices as its major coal mining [...] » More

Morgan Stanley upgrades China property to ‘attractive’ despite default fears

14-Oct-2021 Intellasia | CNBC | 5:53 AM

Morgan Stanley has upgraded China’s property sector to “attractive,” even as worried investors are watching closely to see if debt-saddled Evergrande might [...] » More

China’s Xi Jinping speaks with Germany’s Angela Merkel in diplomatic push

14-Oct-2021 Intellasia | South China Morning Post | 5:53 AM

Chinese President Xi Jinping spoke with German Chancellor Angela Merkel on Wednesday, as part of a diplomatic flurry between China and European Union leaders. State [...] » More

China coal prices hit record high as floods add to supply woes

14-Oct-2021 Intellasia | Reuters | 5:53 AM

China’s thermal coal prices surged to fresh record highs on Wednesday as recent floods in a key coal producing province worsened a supply crunch, just as new efforts by [...] » More

China wants ‘non-discriminatory’ treatment of Huawei, as survey says 76 per cent of Canadians want the tech company banned from 5G

14-Oct-2021 Intellasia | South China Morning Post | 5:53 AM

China’s foreign ministry has called on Canada to be “non-discriminatory” towards Huawei Technologies Co. and other mainland firms after a survey found more [...] » More

China floods add to global energy price woes as coal mines forced to shut

14-Oct-2021 Intellasia | The Independent | 5:53 AM

Heavy rain and flooding in northern China has led to a record surge in coal prices after several of the country’s coal mines have been forced to shut. Thermal coal [...] » More

China exports post surprise jump despite power crunch

14-Oct-2021 Intellasia | AFP | 5:53 AM

China’s exports rose unexpectedly in September, official data showed Wednesday, but analysts warned of a looming hit from the country’s power crunch that has [...] » More