Tokyo and Beijing have agreed to set up a military hotline, according to Japanese officials, creating an emergency communication mechanism to defuse potential crises over disputed islands and the …
Monthly Archives For December 2021
China Injects Most Cash in Two Months as Demand for Funds Jumps
China boosted its injection of short-term cash into the banking system to the highest in two months, as demand for liquidity climbed before year-end. The People’s Bank of China (PBOC) added 200 …
Will India-China relations take a different turn in the coming year?
Will the new year bring in new dimensions to India-China relations? The two neighbours have not had the best of relations since the Galwan clash in 2020. But despite that bilateral trade between the …
China’s Monetary Policy to Stay Prudent, Flexible, Moderate Next Year, PBOC Says
Next year, China’s monetary policy will continue to be prudent as well as flexible and moderate, to protect against and resolve financial risks, the People’s Bank of China said at its annual work …
China’s Covid lockdowns are limiting its ability to support the rest of the region: Credit Suisse
Ray Farris of the investment bank discusses Asia’s economic outlook for 2022 and names the sectors in China that are likely to do well amid the easing of monetary policy.
China’s cryptocurrency investors keep the faith even as exchanges Binance and Huobi sever ties with mainland users
Chinese investors in bitcoin and other digital tokens say they are continuing to trade their virtual currencies overseas as Binance and Huobi end support for purchases in yuan.
China pursues tech ‘self-reliance’; poses challenge to global businesses
Self-reliance is the foundation for the Chinese nation, President Xi Jinping said in a speech released in March. He called for China to become a technology superpower to safeguard national economic …
COVID-19 Update: China locks down Xi’an as coronavirus numbers surge
Authorities have also suspended most of passenger trains and all domestic flights coming into and leaving Xi’an, according to the state broadcaster CCTV.
Diplomats going to Beijing to help athletes, says US after China blasts boycott ‘farce’
The United States on Monday clarified that some of its diplomats will be going to Beijing to support their athletes at the Winter Olympics but not to attend th …
China tightens Xi’an lockdown as city reports highest daily Covid-19 cases in nearly 2 years
China’s Xi’an has further tightened lockdown measures and rolled out a fifth round of mass testing as it reported the highest daily count of local symptomatic Covid infections in a Chinese city since …
Japan and China agree to set up defense hotline amid tensions over East China Sea, Taiwan
The defense ministers of Japan and China on Monday agreed to set up a joint communication hotline by the end of 2022, a news release from Japan’s Defense Ministry said, amid tensions between the East…
Covid live news: China shuts another city to contain surge; chaos as 3,500 more flights cancelled
France cuts wait time for booster shots; US surge cause for concern, not panic, says Biden; Johnson rules out new year restrictions in England …
U.S., China squabble over whether lower-level officials attending Olympics constitutes ‘diplomatic boycott’
Beijing says it received visa applications from U.S. personnel for the Games, but Washington says sending some support staff is customary.
