Chinese automaker Zhejiang Geely Holding Group Co. plans to launch a new brand of electric cars, according to people familiar with the matter, as the owner of Volvo seeks to become more competitive in ……
Monthly Archives For March 2021
Coronavirus: Egypt receives second shipment of vaccine as gift from China
Egypt on Saturday received a second shipment of coronavirus vaccine donated by China, officials said, as the Arab country tries to speed up its vaccination campaign. The 300,000-dose shipment of the … ( read original…
Tense Talks With China Left U.S. ‘Cleareyed’ About Beijing’s Intentions, Officials Say
The Biden administration’s strategy to curb Beijing faces a stiff challenge as China uses its economic, diplomatic and military might to deflect criticism. ( read original story …)
China Diesel Exports Jump in February As Holidays Hit Demand
(Bloomberg) — Outbound diesel shipments from China jumped last month as Beijing’s move to release more fuel export quotas lifted flows, and factory activity slowed over the Lunar New Year holidays in … ( read…
Bitter summit shows no reset in chilly US-China relations
Biden also recently held the first summit of the “Quad”, a partnership with Japan, India and Australia designed to counter Chinese influence. While the US statement in Alaska angered the Chinese … ( read original…
UPDATE 1-Fed policy changes could hit China capital inflows -c.bank adviser
Expected policy changes by the U.S. Federal Reserve could have an adverse impact on China’s capital inflows, Wang Yiming, a newly appointed policy adviser to the central bank, said. Capital inflows … ( read original…
What grievances turned a US-China photo op into verbal combat
The scenes of U.S. and Chinese officials debating across hotel conference room tables in Anchorage, Alaska, were remarkable — not just because of the palpable tension between the world’s two greatest … ( read original…
China accepts four new IPO requests
China’s top securities watchdog has accepted the initial public offering (IPO) requests of four firms. Changchun Engley Automobile Industry Co.,Ltd., Shanghai Action Education Technology Co., Ltd., … ( read original story …)
US ties with Russia, China sink as Biden toes tough lines
Airing myriad complaints, the Biden administration took an extraordinarily tough line with China and Russia this past week. Public spats between the countries erupted as Biden characterized … ( read original story …)
After testy meeting, China says will discuss climate with US
BEIJING (AP) — China said Saturday it had agreed with the U.S. to take up climate change and a handful of other issues, a sign of small but possible progress at recently concluded talks that…
Biden administration off to a combative start with tough rhetoric on Russia, China
President Joe Biden didn’t waste a beat when asked this week whether he believed his Russian counterpart Vladimir Putin was a “killer.” … ( read original story …)
Shenzhen-listed ICT Company Plans to Invest $155 Million in Microbt Bitcoin Mining Hardware
The China-based ICT company ZJBC says that it plans to spend up to $155 million on Microbt manufactured ASIC mining rigs. ( read original story …)
China Reshuffles Central Bank’s Monetary Policy Committee
(Bloomberg) — China has made changes to its central bank’s monetary policy committee, according to a government statement released on Saturday. China’s State Council approved Cai Fang and Wang Yiming … ( read original story…