BEIJING: The China Development Bank has increased loan support for small and micro businesses, with outstanding funds nearing 188 billion yuan ($28.93 billion) under a …
Monthly Archives For August 2021
IN FIGURES: China’s battery raw materials imports, July 2021IN FIGURES: China’s battery raw materials imports, July 2021
A summary of China’s battery raw materials imports for July 2021, according to the latest Chinese customs data released on Friday August 20. In brief Imports of cobalt rose month on month despite …
China Eyes Afghanistan’s $1 Trillion of Minerals With Risky Bet on Taliban
And Afghanistan is sitting on deposits estimated to be worth $1 trillion or more, including what may be the world’s largest lithium reserves — if anyone can get them out of the ground. Four decades…
China-US relations: Beijing hits out at American credibility as Kamala Harris moves to reassure Asia
Amid the US vice-president’s trip to Singapore and Vietnam, China’s foreign ministry points to chaos in Afghanistan as true ‘American-led rules and order’.
Oil Rallies as China’s Success Against Virus Eases Demand Fears
Oil extended gains from the biggest jump in five months as China’s success in stamping out virus flare-ups boosts optimism of a demand recovery.U.S. oil futures rose 2.9% while Brent topped $71 a …
90-day probe into origins of COVID-19 ends, but public may have to wait on unclassified report
It has now been 90 days since President Joe Biden ordered the intelligence community to investigate the origins of COVID-19.
Hong Kong’s role in opening China’s economy to the world ‘not replaceable’, key Beijing official assures investors
But city must also be more proactive in integrating with the mainland’s development, HKMAO’s Huang Liuquan tells group of business leaders.
Shanghai to roll out measures to develop as an international financial centre
SHANGHAI: Shanghai, the financial hub of China, said it will roll out a slew of measures as part of the 14th five-year plan to develop the city as an international financial centre. The municipal …
Digital Financial Inclusion in China
China’s Experience in Digital Financial Inclusion [1] 1. Background Financial inclusion is the next step in the evolution of financial systems and has played a key role …
Xi’s Data Clampdown Spurs Novel Solution From Tim Hortons China
The company running the Chinese business of Canadian coffee shop chain Tim Hortons is proposing a novel solution to address Beijing’s data security concerns as it seeks to go public in the U.S.
China hits zero COVID cases with a month of draconian curbs
It’s been just over a month, and China has once again squelched Covid-19, bringing its local cases down to zero. It was more difficult this time, even though the leaders of the world’s most populous…
China Tech Stocks Rally as Cathie Wood Joins Bargain Hunters
Chinese technology stocks rallied for a second day as bargain hunters returned, emboldened by Tencent Holdings Ltd.’s share buyback and strong results from JD.com, which drew Cathie Wood back into the …
New global DeFi adoption index finds US, Vietnam, China, UK and India leading the way
Chainalysis unveiled a new ranking of countries with the highest grassroots DeFi adoption. The US, Vietnam, China, India and the UK led the way in the first Global DeFi Adoption Index released by …
