China’s central bank on Wednesday injected 100 billion yuan ($15.7 billion) into the financial system via reverse repos. The interest rate for the seven-day reverse repos was set at 2.2 percent, …
Monthly Archives For December 2021
China signals cuts in loans to Africa after reduction of financing pledge
China has signalled a reduction in loans to Kenya and other African countries in coming years after it cut financial commitment to projects in the continent as much as a third in the next three…
China property market to keep cooling into H1 2022 on tight curbs
China’s property downturn is expected to continue into the first half of 2022, with home prices and sales falling as tight credit policies and a looming property tax dampen demand, a Reuters poll …
China’s top land port idles non-container goods import
China’s largest land port – Manzhouli – in Hulunbuir of North China’s Inner Mongolia that borders both Russia and Mongolia has suspended all imports of goods that are not hauled via containers …
Facing Olympic boycott calls, China presses U.S. companies to speak up in its defense
The campaign comes as the Women’s Tennis Association suspended tournaments in the country over the treatment of player Peng Shuai.
U.S. defense chief slams China’s drive for hypersonic weapons
The U.S. defense chief said Thursday that China’s pursuit of hypersonic weapons “increases tensions in the region.” Defense Secretary Lloyd Austin made the remarks in Seoul following annual security …
Meta says it busted more than 600 Facebook and Instagram accounts linked to a massive China-based COVID-19 disinformation campaign
Meta announced it removed 524 Facebook and 86 Instagram accounts, some of which were linked to a Chinese firm, Sichuan Silence Information Technology.
China’s chilling new plan to kill off Australia’s biggest export as Taiwan tensions escalate
A senior Chinese government adviser has flagged plans to wean China off Australian iron ore. Its ambitions to source its own steel-making commodity overlap with Taiwan tensions.
Winterwear brand Canada Goose under fresh fire in China over no-return policies
Representatives were summoned by Shanghai’s consumer council to explain its refund policy in China.. Read more at straitstimes.com.
No brand has exceptional privileges over consumers: China Consumers Association on Canada Goose double-standard issues
No brand should have privilege over consumers, the China Consumers Association (CCA) stated on Thursday in response to consumers’ complaints over non-refundable policies in Chinese market of Canadian …
Communist China’s Diaper Market For Adults Will Soon Be Bigger Than Infants
The sale of adult diapers is quickly increasing in communist China. It’s expected to become a bigger market than infant diapers by 2025. Experts believe this …
HKU Chinese Law Professor Angela Zhang on China’s Foreign IPOs Rules
Angela Zhang, Director at the University of Hong Kong’s Centre for Chinese Law, discusses the news that China is said to be close to tightening a loophole that allows firms to list abroad through VIEs…
Beijing summons Japan envoy over ex-PM’s ‘erroneous’ Taiwan remarks
Beijing summoned the Japanese ambassador to China over former prime minister Shinzo Abe’s “extremely erroneous remarks” on Taiwan, the foreign ministry said Thursday, as tensions rise over the …
