The People’s Bank of China, the central bank, will not make any major policy shifts this year and will instead deploy more financial resources to support the real economy, a senior official said ahead ……
Monthly Archives For March 2021
Column: Iron ore demand recovering outside China, but will it be enough?: Russell
The price of spot iron ore for delivery to north China has fallen in recent sessions as the market struggles to work through a competing series of both bullish and bearish factors. ( read original…
Iron ore recovers as Port Hedland shipments to China hit two-year low
Benchmark Asian iron ore futures rose on Thursday as data showed monthly shipments of the steelmaking ingredient to China from Australia’s Port Hedland dropped to the lowest in two years. Shipments … ( read original…
China’s Smartphone Shipments Build on Post-Pandemic Rebound in February
China’s smartphone shipments increased more than threefold in February 2021 from a year ago, government data published on Thursday showed, signaling an encour … ( read original story …)
Top U.S., China diplomats to hold first in-person talks of Biden presidency
U.S. Secretary of State Antony Blinken will meet with top Chinese officials on March 18 in Alaska, the White House said on Wednesday, the first high-level in-person contact between the two sparring … ( read…
China diplomats to meet U.S. officials in Alaska – Chinese foreign ministry
Chinese diplomats will meet with U.S. officials in Alaska on March 18 and 19, a Chinese foreign ministry spokesman said on Thursday. ( read original story …)
China risks COVID ‘immunity gap’ amid slow vaccine uptake
A year after a pandemic was declared, China has so few cases of the disease that people see little need for vaccination. ( read original story …)
Prada’s Patrizio Bertelli on Size, China, Not Selling Brands and Store Experience
Prada’s CEO discussed the group’s 2020 performance clarifying his position on digitalization and brick-and-mortar, while eyeing long-term growth. ( read original story …)
US threatens to ‘take action’ against China over Hong Kong law
As China prepares on Thursday to pass a law that will quash democracy in Hong Kong, America’s top diplomat has warned Beijing that Washington will hold it accountable for “egregious” acts in the … (…
Brussels seeks to win round critics of EU-China deal
Detail of agreement due to be published in face of fierce opposition from rights groups with ratification not assured … ( read original story …)
The Tactics People Are Using to Get Their Money Out of China
There’s an official program for trading Hong Kong stocks, for instance, which crucially doesn’t include IPOs. Depending on the severity of the breach and the amount of money involved, potential … ( read original story…
China blasts BBC report after summoning UK ambassador
BEIJING (AP) — China is complaining anew about recent reporting by the BBC, days after summoning the British ambassador to Beijing to register displeasure over a recent article she penned defending … ( read original…
China’s 5G Phone Sales to Surpass 280 Million in 2021, China Mobile Says
China’s fifth-generation wireless handset sales will exceed 280 million units this year, according to the country’s largest mobile operator. As users upgrade their phones, China Mobile is looking to … ( read original story …)