Beijing / Bloomberg China’s main government organs have pledged to tackle overcapacity and reduce financing costs and the debt burden of companies as officials seek to underpin growth in the world’s second-largest economy. Authorities will use multiple liquidity management tools, improve macro-prudential management and keep appropriate liquidity levels and stable money market operations, according to a joint statement issued on ...

Taipei / AFP The New Year has brought Taiwan no respite from its economic woes as exports fell in January for the 12th successive month, the longest continuous decline for almost seven years. The island slid into recession in the last quarter of 2015, posting its slowest annual growth since 2009, as China’s economic slowdown and weaker international demand took ...

Beijing / Bloomberg China’s military is closing the technology gap with the US, though the experience of America’s pilots still gives them an “unbelievably huge” edge, according to the Pacific Air Forces chief. General Lori Robinson, in Singapore to attend the country’s air show, said she felt assured that Chinese pilots would act professionally in interactions with the US, citing ...