The EU has announced tariffs of 79% on all ceramic table and kitchenware from China, up from a range between 13.1-36.1% previously. This follows an investigation by the European Commission that it said found Chinese ceramics were owned, controlled or guided by “authorities”, receiving preferential financing, land and raw materials. The result of this was […]
Category: Politics & Society
For nearly a year, two ports, one on either end of the Panama Canal, have been the center of a fascinating geopolitical tussle. Last March, the owner and operator of the ports, Hong Kong’s CK Hutchison, announced it would sell them along with lots of other ports it owns around the world to a US […]
In a move to bolster the stability of the property market, Shanghai city has unveiled a plan to buy second-hand homes for use as public rental housing, reports the South China Morning Post. The move aims to bolster stability in the property market and is timed to coincide with the opening of the city’s annual “two […]
China has warned Panama there would be “heavy prices” to pay after a court ruling declared Hong Kong-based CK Hutchison’s contract to operate two ports at the Panama Canal was unconstitutional, reports Reuters. China’s Hong Kong and Macau Affairs Office called the ruling by Panama’s Supreme Court “absurd,” “shameful and pathetic,” and vowed to defend the interests […]
The country’s top 100 developers reported combined contracted sales of RMB 165.5 billion (US$24 billion) in January, down 27% from a year earlier, reports the South China Morning Post, citing data released over the weekend by China Real Estate Information Corporation (CRIC). Stress was particularly acute among offshore borrowers. The combined contracted sales of 18 major […]