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China Crisis Series

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Third world countries are not so third now, in last decade, emerging markets, led by China gained into prominence as a driver of global economy, contributing more than half of world's GDP and China in second place. In today's modern financial world, China can't just be ignored, however due to opaque nature of Chinese data and their secrecy, sighting true insight on the country remains a challenge. In this series, we at EconoTimes, take up the challenge to present our readers true, market moving insights.

China Crisis Series

China's e-commerce laws not a 'crackdown' but closing a loophole

Apr 14, 2016 01:51 am UTC| Insights & Views Law Business

Australian businesses need to be more China-savvy in interpreting changes in government regulations, such as the recently introduced e-commerce laws. These laws are not so much a crackdown, as closing a loop-hole in...

China Crisis Series

China’s exports likely grew strongly in March on base effect

Apr 12, 2016 12:57 pm UTC| Commentary

Chinas exports are likely to have grown strongly by 6.1% in March in CNY terms, as compared with -13.1% y/y in January and February of 2016, in spite of weak external demand, according to Societe Generale. The growth is...

Future of Coal Series

China Crisis Series

Oil in Global Economy Series

Climate Change Series

Has China's coal use peaked? Here's how to read the tea leaves

Apr 12, 2016 12:23 pm UTC| Insights & Views Nature

As the largest emitter of carbon dioxide in the world, how much coal China is burning is of global interest. In March, the countrys National Bureau of Statistics said the tonnage of coal has fallen for the second year...

China Crisis Series

China’s economy to slow to 6.4% in 2016, further monetary accommodation to be implemented in near term

Apr 12, 2016 06:29 am UTC| Commentary

The real GDP growth of China is likely to moderate because of its dependence on industry, which is struggling from excess capacity, according to Scotiabank. It is becoming very clear that China is shifting toward a more...

China Crisis Series

Upbeat Chinese PMIs show signs of stabilization, but do not confirm a sustained rebound

Apr 01, 2016 15:07 pm UTC| Commentary

Chinas official manufacturing Purchasing Managers Index (PMI) came in at 50.2 for March, above a forecast of 49.3 from a Reuters poll, returning to growth for the first time since July. A similar improvement was seen in...

China Crisis Series

Rise in China’s March manufacturing PMI hints at stabilization of manufacturing demand

Apr 01, 2016 08:06 am UTC| Commentary

Chinas manufacturing PMI for March rose by a solid 1.2ppt to 49.7, as compared with market forecast of 49.4. According to the earlier data, the index shows solid seasonality tends to increase in March due to the effects of...

China Crisis Series

Fitch: Stimulus Fuels China's Housing Sales in Early 2016

Mar 23, 2016 08:16 am UTC| Research & Analysis Real Estate

Credit easing, lower down-payments and tax cuts fuelled 20% and 23% yoy growth in contracted sales in Chinas housing market in the first two months of 2016, respectively. Demand was strong from Tier 1 and some Tier 2...

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Economy

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

US long-term care costs are sky-high, but Washington state’s new way to help pay for them could be nixed

If you needed long-term care, could you afford it? For many Americans, especially those with a middle-class income and little savings, the answer to that question is absolutely not. Nursing homes charge somewhere...

Politics

Joe Biden to Possibly Quadruple Tariffs on Chinese EVs, Raising Duties to 100%

The US government plans to impose higher tariffs on various Chinese imports, including green products such as solar panels and batteries, medical equipment, and, most notably, an increase in duties on Chinese EVs from 25%...

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

BYD Europe Challenges Tesla, EU Giants; Stellantis Defends Italian Turf

BYD Europe has announced plans to triple its market share in the European Union by 2025, aiming to outpace competitors like Tesla and Volkswagen. Meanwhile, Stellantis CEO Carlos Tavares firmly addresses the growing...

JPMorgan, Susquehanna Make Bold Moves with Bitcoin ETF Investments

JPMorgan Chase, the United States largest bank, has disclosed substantial investments in various Bitcoin ETFs, including those from Grayscale and BlackRock. Concurrently, Susquehanna International Group has bolstered its...

Bloomberg Unveils Causes of Bitcoin, ETH, SOL, XRP, SHIB Price Plunge Amid Market Turbulence

Crypto trading volumes on major cryptocurrency exchanges fell dramatically in April. Trading volumes declined for the first time in seven months after Bitcoins price fell from an all-time high of $73,800, Bloomberg...

Harvest CEO Eyes Bitcoin ETF Entry into Mainland China via Hong Kong's ETF Connect

Harvests CEO feels that the Hong Kong-mainland China ETF bridge initiative can potentially expand crypto ETF access in mainland China. Harvest Explores Offering Bitcoin and Ether ETFs to Mainland Chinese Investors via...

Samsung Follows Apple, Abandons Autonomous Driving and EV Research Initiatives

Samsung has reportedly halted its autonomous EV driving research project. The companys Advanced Institute of Technology branch has dropped autonomous driving from its research initiatives. This move comes after allegations...