China’s southern Guangdong province has raised on-grid tariffs for gas-fired power plants to help generators ease soaring fuel costs, the provincial’s economic planner said.
Monthly Archives For October 2021
China Mobile books solid gains
China Mobile recorded double-digit growth in revenue for the first nine months of 2021, on the back of rising mobile ARPU.
China Mobile’s 9-month revenue grows nearly 13%, adds 10 mln mobile users in Q3
China Mobile saw its operating revenue increase by 12.9 percent year-on-year to CNY 648.6 billion for the first three quarters of 2021. Revenue from telecommunications services grew by 9 percent …
‘The Network Wars Have Begun’: China’s Digital Silk Road Ignites Hi-Tech Competition
Jonathan Hillman writes in his new book how China and the United States are locked in a digital fight for networks and systems that will play out across the developing world.
China’s flying car startup HT Aero raises $500 million
A number of other new investors also jumped on board, including Sequoia China, Eastern Bell Capital … driving and flying,” Xpeng chief executive He Xiaopeng said. The technology is still at an …
China’s bank sector’s bad loan ratio rise as pandemic impact persists
China’s banking sector saw its bad loan ratio rise to 1.9% at the end-September versus 1.86% three months earlier as the impact of the pandemic persisted and loan forbearance policies expired, the …
China banking sector’s bad loan ratio rises as pandemic impact persists
China’s banking sector saw its bad loan ratio rise to 1.87% at end-September versus 1.86% three months earlier as the impact of the COVID-19 pandemic lingered, the sector’s regulator said on Thursday.
China Vows to Keep Property Curbs, Evergrande Risk Seen Limited
China’s banking regulator vowed to keep its curbs on the nation’s property market, dismissing concerns that the crisis enveloping China Evergrande Group will have any major impact on the credit …
PhilRatings gives China Bank triple A rating
China Banking Corporation (China Bank) has received the highest issuer rating of PRS Aaa (corp.) with a Stable Outlook from. One of the country’s leading private universal banks with a strong …
China should proceed from reality to achieve ‘double carbon’ goal
China should experience a smooth transition and proceed from reality to achieve its “double carbon” goals, instead of using “one size fits all” method or chanting slogans without real actions, Guo …
IN FIGURES: China’s battery raw materials exports in September 2021
A summary of China’s battery raw materials exports for September 2021, according to the latest Chinese customs data. China’s exports of cobalt metal declined on both a monthly due to global logistics …
China’s Indonesian coal imports hit record amid power crisis, Southeast Asian nation now biggest supplier
Cargoes of coking, thermal and brown coal imported into China from Indonesia surpassed 21 million tonnes in September, from just over 17 million tonnes in August.
China’s Latest Crackdown Could Spell Disaster For Luxury Brands in 2022
China’s latest crackdown on celebrities and fan culture has been a drawn-out process that began long before the arrest of megastar Kris Wu.