The nation has ordered all coal mines to operate at full capacity, issued approvals for new mines and ordered major coal production bases in north and northwestern China to lower prices.
Monthly Archives For October 2021
Efficient path for exporters to bring products to China
Attendees confabulate at the Trial Operation Ceremony of the Online Country Exhibition of the fourth China International Import Expo in Shanghai on Oct 13. [Photo/Xinhua] Countdown begins for fourth …
China trade surplus with the U.S. rises to monthly record in September
China reported disappointing growth in imports in September, while exports beat expectations, according to data released Wednesday by the customs agency.
Does China Still Need Hollywood Films Like ‘Dune’ After Homegrown $750 Million Hit ‘Battle at Lake Changjin’?
China now has the two highest grossing films worldwide this year, prompting questions over how much it still needs Hollywood imports …
China Merchants launches commodity shipping platform
The move is part of efforts by China Merchants Group to create an industry ecosystem that will adapt to growing trends in global shipping, with group chairman Miao Jianmin seeing a ‘once-in-a-century …
Philippines protests Beijing’s ‘provocative acts’ in South China Sea
The Philippines has issued a diplomatic protest over Chinese vessels challenging its ships patrolling the South China Sea with sirens, horns and radio communications, its foreign ministry said on …
China coal futures extend plunge after signs of govt intervention
China’s thermal coal futures fell the maximum 11% at the start of Wednesday’s night session on the Zhengzhou Commodity Exchange, extending a plunge triggered by possible government intervention in …
U.S. nominee for ambassador to China Burns says Xinjiang ‘genocide’ must stop
Nicholas Burns, President Joe Biden’s nominee to be U.S. ambassador to China, said on Wednesday that China’s “genocide in Xinjiang,” abuses in Tibet and bullying of Taiwan must stop.
‘Your World’ on China’s hypersonic missile
Well, don’t look now, but we have had another Sputnik moment on a Financial Times story that was, well, kind of put in perspective by The New York Post that we’re reliving China’s Sputnik moment,…
China’s tech crackdown will see ‘more substantial progress’ by year’s end, Beijing vows
Economic uncertainties and diminishing GDP growth also prompt high-level warnings on financial risks, while Beijing is considering various tools and channels to help struggling private businesses.
Interview: China aims for better finance environment through regulation, innovation
China strives to create a better finance environment through strengthened laws, regulations, and innovation, Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, told Xinhua …
Chinese officials say risks controllable in China’s housing market amid Evergrande’s debacle
Cranes are seen at a construction site of a housing complex in Beijing on Thursday. Photo: VCG. Risks in China’s housing market remain overall controllable despite individual prob …
Investors Oversubscribe Six Times to China’s USD4 Billion of Sovereign Bonds
The USD4 billion of sovereign bonds China’s finance ministry issued in Hong Kong yesterday were six times oversubscribed, and achieved the lowest yield spread in history compared with US Treasuries.
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