China’s iron ore imports declined 3.2% on year to 1.04 billion tonnes, among which 105 million tonnes were for November alone, according to the data released by the country’s General Administration of …
Monthly Archives For December 2021
Citigroup’s Liu on China’s Economic Outlook
Liu Li-gang, Chief China Economist at Citigroup, discusses China’s economic outlook as policy makers moved to expand support as a property-market downturn threatens to hamper growth into next year. He …
Beijing Blames Dalian Frozen Foods for Latest COVID-19 Outbreak
In November, the port city of Dalian saw an outbreak of COVID-19, which hasn’t been contained. Authorities are blaming a cold-chain enterprise for the …
The EU is finally putting its money where its mouth is on China
The European Union has long been criticized for trying to have its cake and eat it when it comes to China. On one hand, it badly wants a strong economic relationship with its biggest partner…
China’s economic growth in 2022 seen at 5.3%
China’s economy is expected to grow around 5.3 per cent in 2022 following an expected 8 per cent growth this year, a top government think tank said on Monday (Dec 6).
The People’s Bank Of China’s Report On Blockchain Tech And Their Upcoming CBDC
Apparently, the People’s Bank Of China is considering using blockchain technology to power the Digital Yuan CBDC. The coin, also known as Digital …
China Unicom steps up 5G push for edge in internet of things
China Unicom, a major Chinese telecom carrier, said on Monday it will step up its push to hone its sprawling 5G network infrastructure and gain an upper hand in the era of the internet of…
L Catterton leads $50m Series B funding in China’s Nebula Brands
Consumer-focused PE firm L Catterton has led the Series B funding of over $50m in Chinese Amazon vendors aggregator Nebula Brands.
We See a Great Future in China
A total of US $70.72 billion worth of intended deals were signed for goods and services at the fourth China International Import Expo (CIIE), which concluded on November 10, said Deputy Director of …
EXPLAINER: Why does Beijing have the Olympics again?
Olympics open in just under two months and are now the target of a diplomatic boycott by the United States, with others likely to follow. So how did Beijing land the Winter Olympics, so soon…
Japan will make its own decision on Beijing Olympic participation, says PM Kishida
Japan will make its own decision on whether to send diplomatic representatives to the 2022 Winter Olympics in Beijing, Prime Minister Fumio Kishida said on Tuesday, after news that the United States …
Analysis-China Evergrande teeters again, but investors less fearful
Just three months after narrowly avoiding collapse, the world’s most indebted developer China Evergrande Group is teetering on the brink again and investors are still unclear how much or for how long …
China unveils package to boost economy amid IMF growth warning
Beijing to increase business lending and build more affordable housing as post-Covid recovery falters …
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