Alibaba Group Holding, Meituan, Didi Global and Tencent Holdings have seen billions of dollars in share value erased in recent months as Beijing has reined in the internet sector as part of a wider …
Monthly Archives For September 2021
Xinhua Silk Road: Beijing Daxing rolls out preferential policies to bolster “two-zone” development
Daxing District in southern Beijing has announced a pack of business-friendly policies to bolster the “two-zone” construction of the capital city towards high-quality development.
China Aug new bank loans rise to 1.22 trln yuan, below forecast
Chinese banks extended 1.22 trillion yuan ($189.51 billion) in new yuan loans in August, up from July but falling short of analysts’ expectations as markets debate over whether more stimulus is needed …
China launches wealth management product pilots for retirement in four cities
China’s banking and insurance regulator said on Friday it will launch wealth management product pilots in four cities aimed at retail investors looking to boost their retirement savings.
China lobbies Australia parliament on joining regional trade pact
Exports to China hit a record A$19.4 billion in the 12 months to July 31, up 72% from the prior 12-month period on the back of strong iron ore demand. (Reporting by Kirsty Needham; Editing…
Interview: U.S. manipulating COVID-19 origins tracing in order to blame China, says politician
An investigation by U.S. intelligence agencies into the origins of COVID-19 is another attempt to pin the blame on China, Iskhak Masaliev, leader of the Communist Party of Kyrgyzstan, told Xinhua on …
China administered total of 2.13 billion doses of COVID-19 vaccines as of Sept 9
China administered about 5.25 million doses of COVID-19 vaccines on Sep 9, bringing the total number of doses administered to 2.13 billion, data from the National Health Commission showed on Friday.
China tells delivery, ride-hailing firms to better protect workers
Chinese government officials, in the latest show of regulatory vigour, told leading delivery and ride-hailing companies on Friday to improve how they distributed incomes and ensure rest periods for …
China announces first public state oil auction to stabilise prices
China plans its first public auction of state crude oil reserves to a select group of domestic refiners, the reserves administration announced, as Beijing looks to cool high raw material costs for …
Facing stalemate in ties, Biden and China’s Xi discuss avoiding conflict in call
U.S. President Joe Biden spoke by phone with his Chinese counterpart Xi Jinping on Thursday, the White House said, with both leaders discussing the need to avoid letting competition between the …
Fleeing China, Hong Kongers flock to Britain. ‘We are not emigrating — we are escaping’
Thousands of people from Hong Kong are fleeing increasing Chinese control over their lives and moving to Britain, which ruled the city for 156 years.
Biden calls Chinese President Xi Jinping about U.S.-China relationship
The president has been exasperated that lower-level Chinese officials haven’t been willing to speak substantively with his administration.
Biden tells Xi US and China must not ‘veer into conflict’ in first call for months
White House says leaders agree to engage ‘openly and straightforwardly’ amid US frustration at lack of progress in advancing countries’ relations …
