China’s Social Credit System

By Brijesh Patel Dec 30 (Reuters) - Copper edged up on Friday, but was heading for its first yearly decline since 2018 as an overall stronger dollar, worsening COVID-19 situation in top consumer China and fears over global recession weighed on prices. Low inventories and hopes for economic recovery could,…

Commodity trading in the festive week between Christmas and New Year has always been very light, however be it for oil markets or for metals at large, China continues to set the tone for overall sentiment. Soaring coronavirus cases (assumed but unreported) as well as the U.S.’ gradual recovery from…

SHANGHAI, Dec 29 (Reuters) - Honda (7267.T) will recall just over 200,000 hybrid vehicles due to issues with brake pedal sensors in some models, China's State Administration for Market Regulation said in a statement on Thursday. A total of 105,608 hybrid vehicles produced between Oct. 8, 2018 and Sept. 7,…

Iron ore futures rose 0.8 per cent to $US114 a tonne in Singapore on the January contract, but worries about China prevailed, sending Rio Tinto down 0.6 per cent to $117.08, BHP Group 1.6 per cent lower to $45.79, and Fortescue Metals 0.8 per cent lower to $20.66. The major…

SINGAPORE, Dec 28 (Reuters) - U.S. liquefied natural gas (LNG) developer NextDecade Corp (NEXT.O) announced it will increase the volume of LNG supplies in a sales and purchase agreement signed with China's ENN Natural Gas Co. Ltd. (600803.SS). Under the agreement, ENN via a wholly-owned subsidiary ENN LNG (Singapore) Pte…

A large-scale return of non-resident buyers – restricted to buying new, rather than established, dwellings – from China could shift the dial for the apartment sector that was struggling to pick up from its recent lows. The pipeline of inner-city units under construction sat at 23,150 in the September quarter,…

WASHINGTON - The Biden administration criticised Beijing’s military drills near Taiwan this week as “provocative”, insisting that it will continue helping the government in Taipei defend itself. The United States is worried about the Chinese activity, “which is destabilising, risks miscalculations, and undermines regional peace and stability”, the National Security…

Russian President Vladimir Putin and his Chinese counterpart Xi Jinping will speak before the end of the year, Russian state news agency TASS said on Monday, without giving details of the timing or format. It quoted Kremlin spokesperson Dmitry Peskov as saying the two sides would release details in due…

China's military deployed to areas around Taiwan 71 planes and seven ships in 24 hours, according to the Taiwanese Defense Ministry. Driving the news: The Chinese military's biggest incursion into Taiwan's air defense zone since Speaker Nancy Pelosi's visit to the self-governing island in August occurred as Beijing denounced the…

New Delhi: Is the Omicron sub-variant BF.7, which is causing the current COVID-19 surge in China spreading faster in India than earlier variants, as the officially-driven hype on television channels suggests? And if it is, how long has it been prevalent? And why is it that the Union health ministry’s…