China will release crude oil from its reserves according to its needs, a foreign ministry spokesman said on Wednesday, adding that the country was in close communication with oil-producing and …
Monthly Archives For November 2021
Cryptocurrencies FAQs: Is crypto a legal tender? Is India going to ban them? All you need to know
Cryptocurrencies FAQs As Centre prepares to introduce a bill to regulate cryptocurrencies we at Jagran English will try to answer some of the FAQs regarding digital currencies …
Caixin China Biz Roundup: China’s Biggest AI Company Eyes IPO
SenseTime says it won’t face a cybersecurity review ahead of its Hong Kong listing; the founder of a major piracy site has been sentenced to prison; and China’s birth rate sinks to its lowest in…
China Says It Will Introduce New Measures to Stabilise Trade in Due Course
China’s exports have repeatedly beaten expectations this year on strong overseas demand, helping to drive economic growth. However a surge in raw material prices has increased cost pressures on firms.
PH sells $597-M at China’s largest import expo
Sales of the Philippine booth during this year’s China International Import Expo (CIIE), China’s largest buying expo, reached USD597.34 million, the Department of Trade and Industry (DTI) reported …
China slower to fulfill U.S. trade deal
China pulled back on its already halting progress toward meeting its U.S. trade deal targets, slowing purchases of all types of goods covered by the agreement despite calls from the Biden …
2 Chinese anti-COVID-19 drug candidates enter human trials
A medical worker works at a “Falcon” air-inflated testing lab for COVID-19 nucleic acid testing in Dalian, northeast China’s Liaoning Province, Nov. 15, 2021. (Xinhua/Yao Jianfeng) SHANGHAI, Nov. 24 …
China’s cash-strapped developers hold off defaults through deals with investors, but not out of the woods just yet
Kaisa reaches an agreement with investors that its wealth management product will pay a 10 per cent instalment on maturity followed by 10 per cent payments every three months Aoyuan Group says it has …
China tightens online celebrity oversight, the Turkish lira plummets, bus crashes in Bulgaria
In our World View today, a bus crash in Bulgaria has killed at least 45 people, including a dozen children. The bus was carrying Macedonian tourists returning from a trip to Istanbul when it crashed…
Fitch Affirms China Metallurgical Group at ‘BBB+’; Outlook Stable
Fitch Ratings has affirmed China Metallurgical Group Corporation’s (CMGC) Long-Term Foreign-Currency Issuer De …
OECD head Mathias Cormann stresses importance of good relations with China
The former finance minister has suggested a more diplomatic approach is required with China as tensions build.
China’s yuan stays steady against dollar, value against peers hits near 6-yr high
The yuan was largely flat against the dollar on Wednesday, though it’s value struck a near six-year high on an index of currencies belonging to China’s major trading partners. SHANGHAI, Nov 24 …
Belarus seeks to increase food export to China up to $1bn
In general, there are plans to grow the export of Belarusian food up to $7 billion in the coming years. “In order to increase supplies, we need to focus on production of milk and meat…
