by Teuvo Tuomi | Feb 16, 2024 | China, Asia, Economy, News
China needs more interest rate cuts to ease corporate financing and household mortgage costs, political advisers and experts say. A faster-than-expected credit expansion signals a nascent recovery in the nation’s financing demand. Both China’s new yuan loans and total...
by Teuvo Tuomi | Jan 26, 2024 | Travel, China, News, Singapore
Singapore and China have signed a mutual visa exemption agreement, which will come into effect from 9 February. Chinese and Singaporean citizens holding ordinary passports will be allowed to enter and stay in each other’s countries visa-free for up to 30 days,...
by Teuvo Tuomi | Dec 10, 2023 | Laos, China, Economy, News
An alarming debt crisis has unfolded in Laos, raising worries about the nation’s obligations to its biggest creditors like China. A majority of Laos’ public debt, which the IMF estimates is 122% of GDP this year, is owed to China due to infrastructure...
by Teuvo Tuomi | Dec 5, 2023 | ASEAN, Business, China, Economy, Thailand
The latest megaproject for China could be the Land Bridge project in Thailand, which uses rail links to connect the Andaman Sea and the Gulf of Thailand and bypass Malacca entirely. The project, a replacement for the more controversial Kra Canal, was brought up by...
by Teuvo Tuomi | Nov 27, 2023 | China, Laos, News, Travel
The China-Laos Railway has started a cross-border tourist train service from the Chinese capital Beijing to the Lao capital Vientiane. The train travels from Beijing Fengtai Railway Station and along the Beijing-Guangzhou and Shanghai-Kunming train lines via Libo, and...
