China’s central bank said it will lower the reserve requirement ratio for financial institutions when conducting some foreign exchange forwards trading to zero with effect from Monday. ( read original story …)
Monthly Archives For October 2020
Digital Yuan Giveaway: China’s Shenzhen City Hands Out 10 Million Yuan in Central Bank Digital Currency
A major Chinese city is giving away 10 million yuan in the country’s central bank digital currency this weekend. Recipients can use their digital yuan at 3,389 stores next week. The city aims for the…
Security Guards Stand Outside a Sports Venue in Beijing, China
Chinese walk past a sports venue lined with security guards in Beijing on Saturday, October 10, 2020. Major public events, especially sports competitions and concerts, are always secured by an … ( read original story…
Saleman Talks on Phone Next to an Auto Billboard in Beijing, China
A salesman talks on his phone next to a billboard advertising an automobile webpage in Beijing on Saturday, October 10, 2020. China is the world’s largest auto market, but car sales have slumped in ……
Beijing sees spending boom during National Day
Beijing received 99.82 million tourists and saw a total sales revenue of 11.5 billion yuan (US$1.69 billion) during the National Day holiday, according to the Beijing Municipal Bureau of Culture and … ( read original…
China central bank says to cut foreign exchange risk reserve ratio from 20% to zero
China’s central bank said on Saturday that reserve requirements of 20% for financial institutions settling foreign exchange forward yuan positions will be cut to zero starting Oct. 12. ( read original story …)
China classical music festival to feature Wuhan musicians
China’s first classical music festival since the outbreak of the coronavirus pandemic is featuring musicians from the former epicenter of Wuhan … ( read original story …)
Taiwan calls for ‘meaningful dialogue’ with China amid heightened military tensions
“We are willing to work together to facilitate meaningful dialogue,” President Tsai Ing-wen said at amid National Day celebration. ( read original story …)
Taiwan president calls for ‘meaningful dilaogue’ with China
World Taiwan president calls for ‘meaningful dilaogue’ with China. Posted . Taiwan wants to have “meaningful dialog” with China on an equal basis, President Tsai Ing-wen said on S … ( read original story …)
Chinese 5G Not Living Up to Its Hype
Mounted on rooftops, utility poles and streetlights throughout China since last year are hundreds of thousands of high-tech wireless towers for 5G, a powerful sign of the country’s ambition to lead in … ( read…
South China Sea outrage: Terrifying warning Beijing is ‘preparing for World War 3’
SOUTH CHINA SEA tensions have led to a US senator describing tensions as like “World War 3” as Beijing’s militarisation ramps up. ( read original story …)
iHuman IPO: Chinese Edutainment Company Debuts on NYSE
The iHuman IPO came to U.S. investors despite tensions between Washington and Beijing. As countries continue to feel the effect of the coronavirus, iHuman’s edutainment products are part of a growing … ( read original…
Taiwan Is the Next Front in the U.S.-China Standoff
Taiwan is one of those flash points that has never flashed. The dispute over the island’s fate has had the potential to erupt into conflict between China and the United States for decades. But the…
