China’s property sector has failed to overcome a persistent debt crisis, despite rate cuts and loosened restrictions on homebuying (WANG ZHAO) · WANG ZHAO/AFP/AFP China’s economy likely grew last year at its weakest rate in three decades, outside of the pandemic, according to an AFP survey of analysts ahead of official data on Monday. The…
With the US threatening to leverage its software strengths ahead of fresh trade talks with China in response to its recent export controls on rare earths, analysts say Beijing is unlikely to make major concessions, though progress could be made on issues such as soybeans or fentanyl. Washington is reportedly considering imposing curbs on a…
China’s drive for economic self-reliance is raising the spirits and prospects of its semiconductor industry, as insiders expect more home-grown technologies after Washington revoked waivers for some foreign-owned chipmakers’ factories in China to use US technologies in their operations. The Chinese branches of South Korean chipmakers Samsung and SK Hynix, as well as Intel Semiconductor…