Is China quietly preparing to transform the market for global investment funds, just as it has remade global trade and manufacturing? As reported in the Financial Times, “What happens if Chinese …
Monthly Archives For July 2021
China’s Fiscal Revenue Growth Likely to Slow Sharply in H2 – Ministry Official
China’s fiscal revenue growth is likely to slow significantly in the second half, compared with a 21.8% year-on-year jump in the first six months, a finance ministry official said on Tuesday. China’s …
China loan rate unchanged despite speculation of further policy easing to support economic growth
Banks in China kept the benchmark loan rate unchanged in July for the 15th straight month, indicating that the central bank is continuing to keep policy stable despite a recent surprise move to add …
Experts see promise in China competition bills, but want to see the money too
Both chambers have passed bills to authorize billions of dollars in new spending on technology but appropriators have to offer up the cash.
EXCLUSIVE-How Didi’s govt relations team navigated myriad regulators, until IPO dustup
Didi Global successfully navigated China’s regulatory thicket for years, but the ride-hailing giant’s 200-plus government affairs team’s reliance on personal contacts with officials left it partly …
China rejects hacking charges, accuses US of cyberspying
China on Tuesday rejected an accusation by Washington and its Western allies that Beijing is to blame for a hack of the Microsoft Exchange email system and complained Chinese entities are victims of …
China Accuses CIA of Hacking Beijing for Over a Decade
China has repeated claims that a CIA group has been hacking its key industries for over a decade, just one day after a U.S.-led coalition rebuked Beijing over alleged state-sponsored cyberattacks on …
China’s port city Qingdao suffers worst algae infestation
China’s eastern port city Qingdao is experiencing the worst ever algae infestation in the region, with more than 1,700 square km of costal area blanketed by harmful green seaweed, also known as “green …
China’s June soybean imports from Brazil fall as crushing margins decline
China’s soybean imports from Brazil slipped in June from a year earlier, customs data showed on Tuesday, as poor crushing margins weighed on demand. BEIJING, July 20 (Reuters) – China’s soybean …
China’s oil imports from Saudi Arabia fall 19% in June, remains top supplier
Saudi Arabia was China’s biggest crude oil supplier in June for the eighth consecutive month, customs data showed on Tuesday, while shipments from United Arab Emirates and Kuwait fell further, …
China’s June soybean imports from Brazil fall as demand wanes
China’s soybean imports from Brazil edged down in June from a year earlier, customs data showed on Tuesday, as poor crushing margins weighed on demand.
BIT Digital moves out of China, Cai Guo-Qiang sells NFT for $2.5 million: Blockheads
Multiple bitcoin mining companies are moving their operations out of China. Chinese artist Cai Guo-Qiang sold an NFT artwork for $2.5 million.
Republican Lawmakers Push for Digital Yuan Ban at Beijing Games
A trio of Republican senators penned a letter expressing concerns about China using its digital yuan as a way to spy on Team USA.