China ‘s financial-industry regulators placed extreme limitations on cryptocurrency in the country. Immediately following the announcement, Bitcoin fell to $30,000 — down 30 percent from where it had …
Monthly Archives For June 2021
China promises more COVID-19 vaccines to ASEAN nations as ‘responsible partner’
China pledged to deliver more COVID-19 vaccines to Southeast Asia during a meeting in the southwestern city of Chongqing, Beijing’s foreign ministry said.
China State Media Blasts U.S. Senators’ ‘Treacherous’ Visit to Taiwan
China Daily and Global Times’ harshest criticisms were of Washington and Taipei following Sunday’s high-profile stopover.
China aims to become an innovation powerhouse
From the compass, papermaking, printing and gunpowder – the four great inventions of ancient China – to manned submersible Jiaolong, the Hong Kong-Zhuhai-Macao Bridge and the Mars probe Tianwen-1, …
U.S. Senate set to pass sweeping bill to address China tech threat
The U.S. Senate on Tuesday is set to approve a sweeping package of legislation intended to boost the country’s ability to compete with Chinese technology, as Congress increasingly seeks to take a …
China’s furniture exports remain strong
Employees work at a [Photo/CCTV] Furniture exports have extended their earlier strong performance, and even rises in the price of raw materials put some pressure on furniture companies in Jiangsu …
Beijing ready to pass ‘anti-sanctions’ law against the US and the EU
China is going after US and EU measures that followed events in Hong Kong and Xinjiang, adopting a Chinese version of the US Magnitsky Act. Biden will ban 59 Chinese companies from defence and surveil…
China’s May new yuan loans seen falling as central bank scales back stimulus – Reuters poll
New bank loans in China likely fell in May, a Reuters poll showed, as the central bank gradually scales back pandemic-driven stimulus to reduce debt and financial risks as the economy shows solid …
China property: tax authorities’ enhanced oversight of land-sale revenue seen as ‘mixed bag’, and runaway prices may drop
New method of collecting money from land sales is intended to help China’s tax authorities better trace the flow of funds and defuse local debt risks.
China pushes new candidate towards top of Huarong Asset Management
China’s banking watchdog named Liang Qiang, an asset management veteran, to the senior post of deputy communist party boss at China Huarong Asset Management Co (2799.HK), the state-run firm that has …
Exclusive: China Tells PetroChina to Stop Trading off Oil Quotas With Teapots
Chinese authorities have ordered a unit of state-run PetroChina to stop trading off crude oil import quotas with local refineries as part of a crackdown on excessive fuel production, a move that could …
Coronavirus live news: China approves vaccine for three-year-olds; more than 1m Europeans get Covid travel pass
Sinovac says vaccine has been approved by Chinese authorities; health certificate being rolled out to unlock travel within the bloc …
Beijing accuses US of ‘politicising sports’ as boycott talks mount
BEIJING: China today accused the US of “politicising sports”, after Washington’s top diplomat said he was seeking consensus among allies before any possible call to boycott next year’s Beijing Winter …
