Chinese President Xi Jinping led a meeting Tuesday that emphasized the concept of “common prosperity“ and preventing major financial risks, state media said.
Monthly Archives For August 2021
Xi calls for wealth redistribution and clampdown on high incomes in China
President Xi Jinping has called for stronger “regulation of high incomes” in the latest sign that a 10-month campaign targeting China’s largest technology companies was rapidly expanding to encompass …
China’s alignment with Taliban may help it extract natural resources from Afghanistan: RAND
Derek Grossman of the RAND Corporation says if China is able to have workers through the Belt and Road Initiative enter Afghanistan safely and have operations there, it’ll help it achieve its …
Fitch Affirms Export-Import Bank of China at ‘A+’; Outlook Stable
Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of The Export-Import Bank of China (ExIm) at ‘A+’ with a Stable Outlook. The Short-Term IDR has been affirmed at ‘F1+’. The bank’s …
China issues new draft rules to further rein in anti-competitive practices
China’s top market watchdog published a new draft rule to further extend its crackdown on anti-competitive practices. The draft prohibited forced exclusivity, soliciting fake reviews, and protect …
China new energy car output, sales in July hike on year
China-based makers produced 284,000 new energy vehicles and sold 271,000 units in July 2021, soaring 170% and 160% respectively on year, according to the China Association of Automobile Manufacturers …
China’s Geely Automobile first-half profit up 4%
China’s Geely Automobile Holdings Ltd said on Wednesday its first-half net profit grew 4%, as the world’s biggest car market recovers. Hangzhou-based Geely, China’s highest-profile automaker …
From India to China, the Taliban’s return leaves Afghanistan’s neighbors scrambling to adjust
Analysts said countries are worried about instability, likely refugee inflows and the prospect of Afghanistan becoming a haven for terrorist activities again.
What China really fears about its big tech companies
Xi Jinping wants China’s youth and capital focused on the battle for national tech supremacy, not leisure and consumer power.
11.469 billion dollars! China’s lithium-ion battery exports increased by 83.31% in the first half compared with the same period last year.
China’s lithium-ion battery exports increased by 83.31% in the first half compared with the same period last year. [11.469 billion dollars! In the first half of the year, China’s lithium-ion battery …
Biden’s Treatment of Crypto Resembles China’s Crackdown on the Industry
overburdensome regulations and skepticism from the federal government will push the crypto market out of the U.S. This is not speculation. It already happened in China. In May, China ramped up …
China reports 28 new Covid-19 cases on August 17
BEIJING: China on Wednesday reported 28 new confirmed coronavirus cases in the mainland for Aug. 17, compared with 42 a day earlier, according to the National Health Commission. O …
Shenzhen PBoC Launches Crypto Trading ‘Clean-Up’: Report
The Shenzhen branch of the People’s Bank of China plans to “promptly clean up and rectify” 11 companies for providing illicit crypto trading activities, state-owned Shanghai Securities Journal …
