The battery unit of South Korea’s SK Innovation Co Ltd plans to invest $2.53 billion to build a new electric vehicle (EV) battery factory in China, China’s local government backed Yancheng News …
Monthly Archives For November 2021
Taiwan raises WTO complaint against China on apple imports-sources
Taiwan raised a trade complaint against China at a World Trade Organization meeting late on Wednesday over Beijing’s moves to block sugar apple and wax apple imports from the island, two sources …
China Fortifies Beijing as Covid Outbreak Continues to Swell
Chinese authorities are ring-fencing Beijing against growing Covid-19 outbreaks now permeating more than half the nation’s provinces, seeking to protect the capital as it gears up to host top …
China says US report on nuclear arsenal ‘full of prejudice’
Beijing hit back Thursday against a US report on China’s expansion of its nuclear arsenal, calling it “full of prejudice”, and accused Washington of overhyping the threat.
China censors #MeToo claims against top politician
China’s online censors Thursday scrubbed out a tennis star’s reported allegations that a powerful politician sexually assaulted her, the first time that the #MeToo movement has reached the highest …
Beijing’s Pilot Free Trade Zone is Taking Shape at Breathless Pace
In his opening address at the 2020China International Fair for Trade in Services on Sept. 4 last year, Chinese President Xi Jinping gave his support to Beijing to open up the services sector and the…
MGM China Reports 2021 Third-Quarter Results
Recovery Pace Outperformed Market MGM COTAI Emerald Villa Gainers Accolades HONG KONG, Nov. 4, 2021 /PRNewswire/ — MGM China Holdings Limited (“MGM China” or the “Company”; SEHK …
US presence vital for Asia stability & progress; China’s economy sustained Asia during the global financial crisis: Ng Eng Hen
U.S. foreign direct investment in Asean has grown to about a trillion dollars compared to USD200 billion 20 years ago.
China’s new yuan loans rise to 1.66t yuan in September
China’s central bank has pledged to make its prudent monetary policy more targeted and flexible to better adapt to the needs of high-quality development and place more focus on the efficiency of …
Investors trim short bets on most Asian FX, but stay bullish on China’s yuan
Investors trimmed bearish bets on most Asian currencies, encouraged by the reopening of tourism-reliant economies, while sentiment remained moderately bullish on China’s yuan despite signs of economic …
China urges developed countries to intensify climate change efforts
A Chinese foreign ministry spokesperson on Wednesday urged developed countries to intensify their efforts to fulfill their commitments to developing countries on climate change, to make due …
China Bank earnings rise on sustained business growth
China Banking Corporation posted a 35 percent growth in consolidated net income to P11.2 billion for the January to September 2021 period on the back of sustained core business growth and effective …
COP26: China’s carbon emissions set to pass pre-pandemic levels
Report by Global Carbon Project predicts country’s emissions will rise by 4 per cent this year as the economy rebounds from Covid-19.