M arch new loans 2.73 trln yuan vs forecast 2.45 trln yuan March M2 money supply +9.4% y/y, vs forecast of +9.6% BEIJING, April 12 (Reuters) – New bank loans in China rose more expected…
Monthly Archives For April 2021
Smartphone shipments in China in March increase 67.7%: CAICT
SHANGHAI (Reuters) – Shipments of smartphones within China increased 67.7% year-on-year to 35.5 million handsets in March, the China Academy of Information and Communications (CAICT) reported on …
China: Credit growth limited by deleveraging reform
Although China’s aggregate finance grew at a slower pace than last year, yuan loan growth was faster than a year ago, showing that shadow banking has continued to shrink. Together with deleveraging …
Americans are divided over boycotting the 2022 Beijing Olympics. Here’s the data.
Beijing is set to host the 2022 Winter Olympics next February, making it the first city to host both the Summer and Winter Games. The XXIV Olympic Winter Games, as they’re officially known, will put…
Tencent-backed Waterdrop faces pushback on IPO from Chinese regulators -sources
Chinese online insurance technology firm Waterdrop Inc is receiving pushback from domestic regulators on its planned U.S. initial public offering as its business model is seen as risky, four people …
All eyes on Tokyo, says Beijing, as Japan reportedly plans to sign off on dumping nuclear wastewater into sea on Tuesday
Also on rt.com Beijing calls on Tokyo to be ‘responsible’ & consult neighbors as Japan’s PM says dumping Fukushima water into ocean ‘unavoidable’ Zhao said that China has expressed its serious …
Record Alibaba Fine Shows China’s Big Tech Can’t Fight Back
After China imposed a record antitrust fine on Alibaba Group Holding Ltd., the e-commerce giant did an unusual thing: It thanked regulators.“Alibaba would not have achieved our growth without sound …
US and China deploy aircraft carriers in South China Sea as Philippines prepares for joint exercises
Military activity in the South China Sea spiked over the weekend as a Chinese aircraft carrier entered the region and a US Navy expeditionary strike group wrapped up exercises.
China’s Exports, Imports Seen Staying Buoyant in March: Reuters Poll
Improved global demand and a favorable base effect are likely to have kept China’s exports buoyant in March, while higher oil prices will have been boosted its imports, a Reuters poll showed on Monday …
China Is The First Country In The World To Launch Digital Currency And Here’s How It Works
China is the first country in the world to issue blockchain-powered digital currency to its citizens where 750,000 recipients will be getting access via a lottery system. The digital currency is the …
Covid-19 live updates: China’s lack of transparency made pandemic worse, says top U.S. diplomat
In an interview with NBC’s “Meet the Press,” Blinken renewed U.S. calls for greater transparency from China over covid-19’s origins, saying that Beijing’s early handling of the virus meant that it …
China admits to ineffective vaccines, looks to foreign options
BEIJING, China — In a rare admission this weekend, the director of China’s health agency said COVID vaccines produced by private and state-run groups are not very effective. This comes as an Oregon …
Covid-19: ‘Behave responsibly’ as lockdown eases and China ‘vaccine efficacy low’
China’s top disease control official has said the efficacy of the country’s Covid vaccines is low, in a rare admission of weakness. In a press conference, Gao Fu added that China was considering …
