Chinese developer Evergrande has dodged default for the third time in a month but it is unlikely China's broader economy can avoid damage from the property sector malaise. Upcoming data might show just how bad it is.
Whether December's Bank of England meeting will be a "live" one may be determined by British data, especially on jobs. Finally, Turkey, defying near-20% inflation, seems set to cut interest rates again.
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Pakistan hosts US, Russia, China for talks on AfghanistanISLAMABAD (AP) — Pakistan on Thursday hosted talks with special envoys from the United States, Russia and China on the path forward for Afghanistan, where a deepening humanitarian crisis has forced many Afghans to migrate to neighboring countries since the Taliban takeover in August.
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Antony Blinken says China attacking Taiwan would be a 'very unfortunate action'Secretary of State Antony Blinken emphasized actions that could be taken now in order to prevent conflict.
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Kerry criticized for response to question about forced labor in ChinaJohn Kerry, the U.S. climate envoy, was accused by online critics of brushing aside a question about reports of slave labor in China to produce solar panels while attending a press conference Wednesday at the COP26 climate summit in Glasgow.
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China, US pledge to increase cooperation at UN climate talksThe world’s top carbon polluters, China and the United States, agreed Wednesday to increase their cooperation and speed up action to rein in climate-damaging emissions, signaling a mutual effort on global warming at a time of tension over their other disputes. In back-to-back news conferences at U.N. climate talks in Glasgow, Chinese climate envoy Xie Zhenhua and U.S. counterpart John Kerry said the two countries would work together to accelerate the emissions reductions required to meet the goals of the 2015 Paris Agreement on climate change.
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China Borrows Again at Negative Rates in EurosChina sold about $4.6 billion of bonds denominated in euros, taking advantage of superlow yields in the eurozone to raise shorter-term funds at negative rates for the second year running.
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China coal's last hurrah comes too late for old mining townsOn the edges of an old and depleted mine on the rugged outskirts of Pingdingshan in central China's Henan province, workers sift through dunes of low-grade coal, looking to extract every last calorie of energy from the city's crumbling seams.
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