Oil prices turned down after the Chinese government flagged it was looking for ways to tame record high coal prices and that it would ensure coal mines operate at full capacity as Beijing moved to…
Monthly Archives For October 2021
Evergrande Risks to China Economy ‘Contained,’ IMF Official Says
Risks to the economy from the meltdown of China Evergrande Group are “contained” for now, according to a senior official with the International Monetary Fund.
China Central Bank Injects 100 Billion Yuan Via Reverse Repos
China’s central bank increased its short-term fund injection on Wednesday by offering 100 billion yuan ($15.67 billion) through seven-day reverse repos into the banking system. The People’s Bank of …
2021 China-Central and North America International Trade Digital Expo
On October 20, 2021China-Central and North America International Trade Digital Expo hosted by CCPIT-China Council for the Promotion of International Trade and jointly organized by China Chamber of …
Coronavirus LIVE Updates: Vaccine Doses Cross 99 Cr in India; World Logs 4.9 Mn Deaths Since Outbreak in China
Coronavirus LIVE Updates | India’s vaccination drive was rolled out on January 16 with healthcare workers getting inoculated in the first phase; WHO estimates overall death toll across the world to be …
China needs new growth engines as property drags down economy, says analyst
China has not made enough progress to transition to a consumption-led economy, said Leland Miller, chief executive of research firm China Beige Book.
China’s new home prices stall in September; first time since February 2020
The growth of China’s new home prices in September stalled for the first time since February 2020, official data showed on Wednesday, as the property market softened further amid a sustained crackdown …
JPMorgan says China’s power crisis could blow over soon — and these 3 stocks could pop
JPMorgan analysts say China’s power crunch could ease as soon as November, and picked three energy-related stocks that may bounce back.
China’s Bullying Is Becoming a Danger to the World and Itself
Ever since Deng Xiaoping opened China to the world in the late 1970s, many in the West wanted to see the country succeed, because we thought China — despite its brutal authoritarian political …
Mnuchin Is Investing in Blockchain — Not Crypto: Milken Update
Former U.S. Treasury Secretary Steven Mnuchin said at the Milken Institute Global Conference that he’s investing in blockchain companies but not cryptocurrencies.
China Weighs Coal Market Intervention to End Rally
Chinese authorities are studying intervening in the coal market. The government wants to rein in a surge in prices that is threatening energy security and economic growth. David Stringer reports on “.
Gansu reports no positive COVID-19 results in mass testing
Four cities in northwest China’s Gansu Province have reported no positive COVID-19 results, as of 4 p.m. Tuesday, from their ongoing mass program of nucleic acid tests, according to the provincial …
Nick Burns, Biden’s man in Beijing, in the hot seat
President Biden’s nominee for ambassador to China will face aggressive questioning Wednesday about the most important, and potentially perilous, bilateral relationship in the world.Why it matters: …
