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There's "no chance" China's property sector rebounds, a researcher from the Eurasia Group told Bloomberg. China's real estate sector was once 25% to 30% of the country's GDP, and "there's not really any sector that can fill in that gap." AdvertisementBack in 2021, China's real estate sector went topsy-turvy — and according to one researcher, it's never going to go back to its halcyon days. "The property market contributes about 10% of China's GDP," Anna Ashton from the Eurasia Group told Bloomberg. "There's not really any sector that can fill in that gap, and there's no chance of the property market rebounding to what it was before."
Persons: , turvy, it's, Anna Ashton, There's, there's Organizations: Eurasia Group, Bloomberg, Service, Business Locations: what's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's every reason for China to want to have a stable U.S. relationship: Eurasia's Anna AshtonAnna Ashton, Eurasia Group director of China corporate affairs, joins 'Squawk Box' to discuss the state of U.S.-China relations, doing business in China, challenges for U.S. companies, and more.
Persons: Eurasia's Anna Ashton Anna Organizations: Eurasia Group Locations: China, Eurasia's Anna Ashton Anna Ashton, U.S
China has launched investigations into Taiwan's Foxconn over its land use in mainland China. AdvertisementAdvertisementEven Foxconn, China's largest private-sector employer, isn't immune from Beijing's whims. Foxconn, also known as Hon Hai Precision Industry, is a huge contributor to China's employment and economic growth. Given how important Foxconn is to China's economy, it's a sign that Beijing is willing to make some sacrifices in its economy for political reasons, Liu said. China's economy is in tattersChina's economy has struggled to recover after nearly three years of on-off COVID-19 lockdowns.
Persons: , Terry Gou, Foxconn, William Lai, KMT's Hou Yu, Ko Wen, Anna Ashton, Lai, China —, Gabriel Wildau, Zhu Fenglian, Dongshu Liu, Liu, they've, Insider's Linette Lopez, Xi, Lee Miller, Lopez, Liu Pengyu Organizations: Service, Hai Precision Industry, Apple, Democratic Progressive Party, ih, Taiwan People's Party, Eurasia Group, Gzero Media, KMT, Teneo Holdings, Bloomberg, Foxconn, Taiwan Affairs Office, City University of Hong, WPP, DC Locations: China, Beijing, Taiwan —, Taiwan, Taipei, New York, City University of Hong Kong, tatters, Washington, Foxconn
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChip curbs: U.S. is making an 'all-out attempt' to contain China's advancement, says Eurasia GroupAnna Ashton of Eurasia Group discusses the United States' plan to impose more restrictions on advanced chip exports.
Persons: Anna Ashton Organizations: Eurasia Group Locations: Eurasia, United States
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChinese consumers aren't spending domestically or abroad, says Eurasia Group's Anna AshtonAnna Ashton, Eurasia Group director of China Corporate Affairs, joins 'Squawk Box' to discuss China's economic slump, after a new report from Nomura says it's increasingly possible that the world' second largest economy will miss its 5% growth target, China's skyrocketing youth unemployment rate, and more.
Persons: Anna Ashton Anna, Nomura, it's Organizations: Eurasia Group, China Corporate Affairs Locations: Eurasia, Anna Ashton Anna Ashton
U.S. officials greet Qin Gang, then China's foreign minister, ahead of a meeting with U.S. Secretary of State Antony Blinken (not pictured) in Beijing on June 18, 2023. Leah Millis | Afp | Getty ImagesBEIJING — The flurry over Qin Gang's disappearance and removal from the position of foreign minister has little impact on U.S.-China relations, analysts said. China officially announced his dismissal from the foreign minister role on Tuesday. China's foreign ministry has declined to shared why Qin had to leave his position. watch nowWhile Wang's return to the foreign minister role is unusual, his promotion to top diplomat had also come contrary to expectations of retirement.
Persons: Qin Gang, Antony Blinken, Leah Millis, Qin Gang's, Qin, China's, Wang Yi, Xi Jinping, Nick Marro, Xi, Wang, Jeremy Chan, Anna Ashton, Biden Organizations: U.S, Afp, Getty, Communist Party, Economist Intelligence Unit, Eurasia Group Locations: Beijing, BEIJING, China, Eurasia, Northeast Asia, U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEurasia Group discusses the implications of Qin Gang's removal as China's foreign ministerAnna Ashton, Eurasia Group's director for China corporate affairs, says we'll probably never know the full story behind why Qin Gang has "precipitously fallen" from his position as Chinese foreign minister.
Persons: Qin, Anna Ashton, we'll Organizations: Eurasia Group, Qin Locations: Eurasia, China
The global economy stands to gain if Washington and Beijing can mend fences, but analysts say this appears unlikely. Here are four things likely to make it harder for Yellen to repair US-China ties, and one thing keeping the relationship going. Sequoia’s executives said in a statement that it has become “increasingly complex” to run a decentralized global investment business. On Wednesday, US pharmaceutical firm Moderna (MRNA)signed a deal to make its first major investment in China. “Both sides are ramping up commercial restrictions in the name of national security and national interests,” she said.
Persons: Janet Yellen, China, ” Wei Jianguo, , Anna Ashton, Biden, Beijing’s, Wei, Capvision, Xi Jinping’s, , Li Qiang, Xi, Alex Capri, ” Ashton, , Jennifer Hansler, Wayne Chang, Bryan Mena Organizations: Hong Kong CNN, Eurasia Group, Micron Technology, China Daily, Analysts, China, Capvision, Bain & Company, Group, Forrester Research, Ontario, Republicans, Hawks, Shanghai Cooperation Organization, Xinhua, US Commerce Department, , National University of Singapore Business School, Moderna Locations: Hong Kong, Beijing, United States, China, Chinese, Washington, Japan, Europe, Shanghai, New York, decouple, Moscow, Ukraine, Russia, Taiwan, Tianjin
LONDON, April 13 (Reuters) - The latest bid by the world's leading institutions and creditors to speed up debt restructurings and get bankrupt countries back on their feet has been greeted by a mix of cautious optimism and weary scepticism by veteran crisis watchers. The somewhat loose framework around sovereign restructurings has seen Beijing seek to influence the traditional rules of engagement in these processes. The Common Framework platform introduced by leading G20 nations in 2020 aimed to bring all creditors, including China, together and streamline negotiations. Anna Ashton, director of China research at Eurasia Group, said this week’s developments underscored the benefits for China to give some ground on some of its concerns. "China is a difficult partner to talk to but we need China at the table for the solution of debt problems, because otherwise we won't see any progress," Lindner said.
LONDON, April 13 (Reuters) - The latest bid by the world's leading institutions and creditors to speed up debt restructurings and get bankrupt countries back on their feet has been greeted by a mix of cautious optimism and weary scepticism by veteran crisis watchers. The somewhat loose framework around sovereign restructurings has seen Beijing seek to influence the traditional rules of engagement in these processes. The Common Framework platform introduced by leading G20 nations in 2020 aimed to bring all creditors, including China, together and streamline negotiations. Anna Ashton, director of China research at Eurasia Group, said this week’s developments underscored the benefits for China to give some ground on some of its concerns. "China is a difficult partner to talk to but we need China at the table for the solution of debt problems, because otherwise we won't see any progress," Lindner said.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina-Taiwan ties: U.S. policy of strategic ambiguity is now 'not so ambiguous,' says Eurasia GroupAnna Ashton of the political risk consultancy says if China does invade Taiwan, the U.S. will have a "significant" reaction and an "all-out attempt to defend Taiwan," but an invasion is unlikely.
A meeting between Taiwan's leader and U.S. House Speaker will provoke a strong reaction from China, said Anna Ashton, China director at the Eurasia Group. Taiwan's President Tsai Ing-wen will likely meet face-to-face with Kevin McCarthy when she makes a transit visit through Los Angeles next week. The meeting with McCarthy hasn't been officially confirmed. A meeting like this would be the senior most U.S. official meeting with a sitting Taiwan president on U.S. soil ever," Aston told CNBC's "Squawk Box Asia" on Thursday. "Beijing has already warned about their opposition to this meeting and we could see a reaction, even as big as the reaction after the Pelosi visit."
Diplomatic tensions high following Chinese spy balloon incident
  + stars: | 2023-02-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDiplomatic tensions high following Chinese spy balloon incidentEurasia Group's Anna Ashton joins 'Closing Bell' to discuss U.S.-China tensions, Secretary of State Anthony Blinken's indefinite delay of his visit with China's senior leaders and China's interactions with Russia in violation of U.S. sanctions.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDon't get overexcited about a lessening of Covid restrictions in China, says Eurasia Group's AshtonAnna Ashton, Eurasia Group director of China corporate affairs, joins 'Closing Bell' to discuss what Ashton is telling her investment clients after recent news from China, why protests there are beginning to die down and if companies operating in China will get dragged into the country's maelstrom.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAshton: The point of the Biden-Xi meeting is to set a floor under the U.S.-China relationshipAnna Ashton, director of China corporate affairs at Eurasia Group, discusses what may be achieved by President Biden's bilateral meeting with China's Xi Jinping at the G20 meeting in Bali.
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