(SCMP) People’s Bank of China data shows that household loans at Chinese banks stood at 39 trillion yuan at the end of September, up 25 per cent from 31 trillion yuan a year previously and up 50 per cent from 26 trillion yuan two years earlier.The growth rate of loans in the non-bank sector is likely to have been just as high, if not higher.
Malaysia and China: The new ‘lips and teeth’ duo
by CK TAN, Nikkei staff writer / 31 October 2017/ Asia.Nikkei.com
KUALA LUMPUR — China and Malaysia are closer than they have ever been in over four decades of diplomatic relations. And if remarks by the outgoing Chinese ambassador are anything to go by, this may be only the beginning — much to the discomfort of certain critics. Continue reading “Malaysia and China: The new ‘lips and teeth’ duo”
How is China bolstering its military diplomatic relations?
Military diplomacy can be broadly defined as a set of non-combat activities carried out by a country’s armed forces to advance its national diplomatic interests. Military diplomatic activities often take the form of joint military exercises, high-level military dialogues, and naval port calls. In the case of China, its ongoing military modernization has enhanced the frequency and complexity of these activities. In general, military diplomatic activities provide China with opportunities to improve its global image and support its broader diplomatic agenda, while simultaneously enhancing its military operational capabilities. Continue reading “How is China bolstering its military diplomatic relations?”
Taiwan to fine citizens who join China’s Communist Party
FocusTaiwan/ 31 October 2017
Taipei, Oct. 31 (CNA) Taiwanese citizens who join China’s Communist Party could face a fine of NT$100,000 to NT$500,000 (US$3,390-US$16,950) for violating Taiwan’s law, Mainland Affairs Council head Chang Hsiao-yueh (張小月) said Tuesday. Continue reading “Taiwan to fine citizens who join China’s Communist Party”
China shuts down tens of thousands of factories in crackdown on pollution
Staff writers, AFP / OCTOBER 25, 2017
CHINA has shut down tens of thousands of its factories in an unprecedented crackdown on pollution.
Across the country, whole industrial regions are being temporarily closed as environmental inspectors do their work and blues skies return. Continue reading “China shuts down tens of thousands of factories in crackdown on pollution”
Fears mount over bookseller ‘freed’ by China
25 October 2017/ Channel NewsAsia
HONG KONG: Concern was growing Wednesday (Oct 25) over the whereabouts of dissident publisher Gui Minhai, who failed to contact his family after Chinese authorities said they had released him from detention. Continue reading “Fears mount over bookseller ‘freed’ by China”
What We Learned From China’s New Leadership Lineup
By David Tweed / October 25, 2017/ Bloomberg
China’s twice-a-decade meeting of the Communist Party ended in triumph for President Xi Jinping. Not only was his name and ideology elevated into the party’s constitution, he broke with convention in the new leadership lineup unveiled Wednesday and chose not to anoint a successor. Continue reading “What We Learned From China’s New Leadership Lineup”
China threatens U.S. Congress for crossing its ‘red line’ on Taiwan
In a rare pressure campaign, the Chinese government is demanding that the U.S. Congress back off passing new laws that would strengthen the U.S. relationship with Taiwan. Beijing’s efforts are the latest sign that it is stepping up its campaign to exert political influence inside countries around the world, including the United States. Continue reading “China threatens U.S. Congress for crossing its ‘red line’ on Taiwan”
Other nations view China more favorably than the US, survey shows
Jeff Cox /
- Respondents to an Ipsos poll of 25 countries shows other countries’ views of America dimming notably over the past year.
- The U.S. is now viewed as a positive global force by just 40 percent of respondents, a drop of 24 percentage points from last year and enough to push it below China in world rankings. Continue reading “Other nations view China more favorably than the US, survey shows”