Page 383 - China
China's global trade surplus surges to record $676.4 billion in 2021
China's politically volatile global trade surplus surged to $676.4 billion in 2021, likely the highest ever recorded by any country, as exports jumped 29.9% over a year earlier
 "China's global trade surplus surges to record $676.4 billion in 2021")
Evergrande unit gets investors to back yuan bond payment delay
Bondholders of more than half of the principal agreed to a proposed payment extension, the developer's Hengda Real Estate Group Co. unit said
 "Evergrande unit gets investors to back yuan bond payment delay")
Pak PM Khan to visit China for Beijing Winter Olympics opening ceremony
The Beijing Winter Olympics will be held from February 4 to 20, followed by the Paralympics Winter Games from March 4-13
 "Pak PM Khan to visit China for Beijing Winter Olympics opening ceremony")
No breakthrough in 14th round of India-China border talks: Joint statement
There was no breakthrough in 14th round of talks between militaries of India and China and two sides agreed to stay in close contact and maintain dialogue to work out a mutually acceptable resolution
 "No breakthrough in 14th round of India-China border talks: Joint statement")
China's overnight money rate jumps to 4-month high, policy rate in focus
China's short-term money rates jumped to four-month highs on Thursday, driven up by rising seasonal cash demand
 "China's overnight money rate jumps to 4-month high, policy rate in focus")
Yuan off 2-week high on weaker-than-expected fix and economic slowdown
Omicron has brought fresh challenges to China's strategy to quickly extinguish local outbreaks, and there are concerns that tough measures taken could end up hampering the economy
 "Yuan off 2-week high on weaker-than-expected fix and economic slowdown")
US watching China Covid lockdown, sees likely economic impact: White House
The United States is monitoring the lockdowns imposed in the central Chinese city of Anyang and assesses that they are likely to have an impact isolated to the Chinese market
 "US watching China Covid lockdown, sees likely economic impact: White House")
US State Department releases study on China's South China Sea claims
US State Department released a study on China's South China Sea claims challenging many of Beijing's assertions in the strategically important region.
 "US State Department releases study on China's South China Sea claims")
Sri Lanka rules out IMF bailout, seeks China loan: Report
"The IMF is not a magic wand," central bank Governor Ajith Nivard Cabraal said
 "Sri Lanka rules out IMF bailout, seeks China loan: Report")
ED attaches funds of NBFC in Chinese-funded instant loan apps probe case
It said a provisional order was issued under the Prevention of Money Laundering Act (PMLA)
 "ED attaches funds of NBFC in Chinese-funded instant loan apps probe case")
China hands out jail terms as long as 4 years for coronavirus lapses
Chinese authorities are especially protective of the nation's capital, often requiring negative Covid tests to enter by plane or train, and strictly tracking people's movements
 "China hands out jail terms as long as 4 years for coronavirus lapses")
China's auto sales fall for eighth straight month in Dec amid chip shortage
China's auto sales in December fell 1.6% from a year-ago period, the eight consecutive monthly drop, industry data showed
 "China's auto sales fall for eighth straight month in Dec amid chip shortage")
Delinquent Shimao, Kaisa units named and shamed as defaults rise in China
The total number of such delinquent firms jumped 26% in December from the previous month, according to the list published by the Shanghai Commercial Paper Exchange.
 "Delinquent Shimao, Kaisa units named and shamed as defaults rise in China")
China's factory gate inflation slows further after cooling measures
Consumer price inflation also slowed last month as food prices fell, the National Bureau of Statistics (NBS) said in a statement
 "China's factory gate inflation slows further after cooling measures")
China commercial paper deliquencies surge as property developers struggle
A total of 484 companies were overdue on at least three commercial paper payments in the period from Aug. 1 to Dec. 31 last year, according to the Shanghai Commercial Paper Exchange.
Elon Musk-led Tesla sells 70,847 China-made vehicles in Dec: Report
Elon Musk-owned electric vehicle company Tesla has sold a record 70,847 China-made vehicles in December, says a new report.
 "Elon Musk-led Tesla sells 70,847 China-made vehicles in Dec: Report")
US airlines say China blocking flights' entry amid Covid-19 restrictions
US airlines say China has blocked more than a dozen recent and future flights from entering the country, which has been tightening already-strict Covid-19 travel restrictions.
 "US airlines say China blocking flights' entry amid Covid-19 restrictions")
After backing China Evergrande, this firm is world's worst-performing bank
An ill-fated push into property lending has instead turned China Minsheng Banking Corp. into one of the biggest casualties of the real estate debt crisis that's roiling Asia's largest economy
 "After backing China Evergrande, this firm is world's worst-performing bank")
India considering easing curbs on some Chinese investments: Report
The move is being considered after proposals worth $6 billion were stuck amid the red tape, say sources
 "India considering easing curbs on some Chinese investments: Report")
India's tariff gap has widened over China over two years on the trot
India's average effectively applied tariff rate across all products is in double-digit territory
 "India's tariff gap has widened over China over two years on the trot")