The potential impact from the Yuan’s inflation-adjusted strength is a reflection of China’s quicker economic recovery.
Monthly Archives For April 2021
China considers crypto assets to be investment alternatives
A deputy governor of the People’s Bank of China says they regard cryptocurrency assets as alternative investments.
China: Xi Jinping says ‘bossing others around’ won’t work as US ups pressure
Chinese President Xi Jinping has called for global cooperation in the face of a growing anti-China front led by the United States, warning that an “open world economy” is essential to recovering from …
China rejects accusations of abuses in Xinjiang
China’s government has rejected accusations of abuses in the Xinjiang region after a human rights group appealed for a U.N. investigation into possible crimes against humanity …
Baosheng Media Group Holdings Limited Hires Project Lead and Purchases 1,000 Mining Machines to Start Blockchain and Cryptocurrency Business
Baosheng Media Group Holdings Limited (the “Company”), a China-based online marketing solution provider, today announced that the Company had hired Mr. Gang Chen as a project lead to take charge of, …
Over 195 mln COVID-19 vaccine doses administered across China
About 195.02 million doses of COVID-19 vaccines had been administered across China as of Monday, the National Health Commission said Tuesday. The Chinese mainland on Monday reported one new locally …
Grimshaw models Shenzhen airport transport hub on mangrove trees
Mangrove trees informed the design of the Shenzhen Airport East Integrated Transport Hub, which architecture firm Grimshaw has won a competition to build at an airport in China.
Joe Biden Set To Approve First Arms Sale to Taiwan Amid China Threat
The Pentagon is expected to notify Congress of the sale of 40 self-propelled howitzers to the self-ruled island, which could take delivery starting 2023, a Taiwanese newspaper reports.
China to Require Financial Institutions to Move Towards Green Finance – Central Bank Governor
There are still some problems in China’s green finance development and the central bank will require financial institutions to make transitions towards green finance, central bank governor Yi Gang …
China leads the world with new state-backed digital currency
In a push to dominate global financial technology, the Chinese government is aiming to roll out the world’s first state-backed digital currency.Why it matters: China’s new currency could set global …
China’s Netzero Goal Poses Threat to Finance Sector, Ex-PBOC Adviser Says
China’s pledge to become carbon neutral by 2060 poses an existential threat to polluters that could have ramifications for the financial sector, a former central bank adviser said.
China Needs Structural Reform for Economy, Ex-IMF Official Says
China faces huge structural problems in its economy as the government fell back to its old playbook of investment-driven growth last year, said Zhu Min, a former deputy managing director of the …
The Middle East of batteries? U.S. lawmakers race to counter China’s dominance
Washington is racing for money to build batteries for cars and the electric grid, but despite the bipartisan “Buy American” rhetoric, not enough may be done to counter China’s lead.
