Inform, China was virtually the only one of the main buyers of Ukrainian sunflower oil, who increased imports in 2020/21 MY, despite the overall reduction of export of Ukrainian oil. China imported …
Monthly Archives For September 2021
China aims to provide 2 billion Covid-19 vaccine doses to world by year end
China aims to provide the world with 2 billion vaccine doses against Covid-19 by the end of this year amid the ongoing global pandemic, President Xi Jinping said on Tuesday, reported Sputnik …
Evergrande crisis will hurt China’s economic growth, says former central bank advisor
A default by Evergrande will have minimal effect on the Chinese financial system, said Li Daokui, a former advisor at the People’s Bank of China.
China’s Evergrande set to default on debt payment
Financial markets have priced in the prospect of payment as unlikely with one of its bonds trading at less than 30 percent of its face value.
Last coal financier China to stop building plants overseas
Historically one of the major providers of finance to overseas coal power projects, China, in a major announcement at the UN General Assembly, said it …
China’s millennials embrace local brands as fast fashion giants like H&M face changing tastes
International brands like H&M and Urban Outfitters are being forced to rethink their strategies in China amid changing consumer preferences for fashion.
Ecomate Holdings Bhd seeking IPO in ACE market by November 2021
ECOMATE Holdings Bhd has entered into an underwriting agreement with M&A Securities Sdn Bhd for its initial public offering (IPO) in the ACE Market of Bursa Malaysia.In a statement today the company …
China sends COVID-19 aid to Myanmar rebels
Delivering vaccines to Myanmar’s junta, but also to rebel groups that are the generals’ sworn enemies, China is playing both sides to fight the coronavirus and strengthen its hand in the messy …
China Reports 16 Cases as Harbin Shuts Schools: Virus Update
China’s northeastern city of Harbin is conducting city-wide Covid-19 tests and suspending schools for a week to control a virus outbreak. Singapore had another day with more than 1,000 infections.
Coronavirus: China seeks to develop next-gen vaccines amid trial complications
A lack of international cooperation to compare vaccines will make it more difficult for China to come up with convincing data for future vaccines using new technologies or targeting new variants of …
World Bank Business Ranking Manipulated in China’s Favor
An independent investigation released by the law firm WilmerHale on September 16 found that high ranking staff members at the World Bank rigged data in the 2018 and 2020 editions of its flagship …
Xi says China will stop building new coal-fired power plants abroad
“China was the last man standing. If there’s no public finance of coal from China, there’s little to no global coal expansion,” a climate activist said.
China injects $25 billion into banking system during Evergrande crisis
China’s central bank boosted its gross injection of short-term cash into the financial system after concern over a debt crisis at China Evergrande Group roiled global markets.. Read more at …
