China will maintain prudent monetary policy and not resort to flood-like stimulus, said Pan Gongsheng, vice governor of the People’s Bank of China (PBOC).
Monthly Archives For September 2021
BlackRock’s China unit raises $1 billion in maiden mutual fund
BlackRock’s mutual fund subsidiary in China established its first fund in the country after raising 6.68 billion yuan ($1.03 billion) in a shortened subscription period, signalling a warm reception by …
China Property Crackdown Alarms Analysts as Economic Risks Grow
Warnings that China’s campaign to cool its property market will go too far are multiplying. Economists at Nomura Holdings Inc. are calling the curbs China’s “Volcker Moment” that will hurt the economy …
WEEKLY: China’s steel exports still tepid on slack demand
Chinese steel export activity remained dull last week, because demand from the ASEAN region, the major destination for Chinese steel, remained slack even though some countries are gradually relaxing …
Coronavirus shipping delays force China’s small manufacturers to cancel orders as inventories pile up
Logistics disruptions caused by the coronavirus pandemic are delaying payment terms for Chinese factories, forcing many small manufacturers to reject orders to avoid cash flow problems.
US pumped in millions to back Covid-19 research at China’s Wuhan Institute
According to the report from US news agency The Intercept, the ‘bat coronavirus grant’ provided EcoHealth Alliance with a total of $3.1 million.US Senator Rand Paul said that these newly public docume …
Beijing lays the path for digital renminbi growth
The digital renminbi was showcased at the 2021 China International Fair for Trade in Services held in Beijing from Sept 2 to 7. From digital wallets and diversified cultural and creative products to …
Beijing’s plans for Hong Kong’s economic expansion in Qianhai: firms welcome move but ask – will local governments do their part?
Firms are calling on officials on both sides to deliver concrete steps, such as streamlining regulations, more funding and even a quick entry permit.
Convenience stores return to Beijing Subway
After nearly two decades of absence, convenience stores have begun to operate again inside select Beijing subway stations for a trial run, and more such stores are expected to be launched later to …
Beijing will not budge on climate targets
China has told Britain it will not yield to international pressure to further improve its climate change commitments at the Cop26 climate change conference in Glasgow.
‘Like Game of Thrones’: how triple crisis on China’s borders will shape its global identity
Analysis: China’s handling of troubles in Afghanistan, Myanmar and North Korea will differ to the west, and shape its identity as a global power …
It’s Time for China to Change Its Covid Strategy
The benefits of the zero-infections policy have dropped in relation to the costs of implementation, and there are signs it is becoming counterproductive.
Biden says he is sure China will try to work out arrangement with Taliban
U.S. President Joe Biden said on Tuesday he was certain China would try to work out an arrangement with the Taliban after the Islamic insurgents seized power in Afghanistan on Aug. 15.
