After rallying to a four-year high, China’s currency is encountering stiff resistance from a Fed-driven dollar. But yuan bulls are undeterred.
Monthly Archives For January 2022
Non-fossil fuels forecast to be 50% of China’s power capacity in 2022
Non-fossil fuel energy sources such as wind, nuclear, solar and hydropower may make up half of China’s total power generation capacity by the end of 2022, for the first time ever, the country’s …
Elie Wiesel’s Son Calls on U.N. to Condemn China Over Uyghur Oppression
During a speech in honor of International Holocaust Remembrance Day, Elisha Wiesel, the son of Holocaust survivor and humanitarian Elie Wiesel, urged the United Nations (U.N.) to step up for Muslim …
China’s World-Beating Bond Rally May Have Run Its Course
For those touting Chinese sovereign bonds as the place to be for debt investors, China market watchers are warning that the best parts of a rally could already be over.Most Read from BloombergApple to …
As the Fed Hikes, China’s Central Bank Seizes the Moment for Stimulus
The People’s Bank of China’s newfound autonomy may prove to be an unlikely source of support for the recovery.
China’s Financial Diplomacy Wins Influence in Central Asian Countries
Five countries in Central Asia are among the countries attracting the most dollars from Beijing’s financial assistance …
Chinese market regulators approve IPO of chip unit of automaker BYD
Market regulators for China’s Shenzhen-based ChiNext board announced late on Wednesday the approval of the pending initial public offering (IPO) of the semiconductor unit of Chinese automaker BYD Co …
China’s second launch of the year puts radar satellite in orbit
China launched the first of a pair of radar satellites that will provide important geological data following earthquakes and landslides. A Long March 4C lifted off from Jiuquan Satellite Launch Center …
FCC tacks China Unicom onto list of Chinese telcos banned in the US
Two of China’s state-owned telcos are now banned in the US, with China Mobile being the only one remaining. The United States Federal Communications Commission (FCC) has removed the authority for …
China’s 2022 crude imports seen rebounding on new refineries, inventory refill
China’s crude oil imports could rebound by 6-7% this year, reversing 2021’s rare decline as buyers step up purchases for new refining units and to replenish low inventories, analysts and oil company …
Google Cloud unit forms new team to build businesses around blockchain
Google Cloud unit forms new team to build business around blockchain. This would help Google diversify beyond its advertising business.
China reports 64 new COVID-19 cases on Jan 27 vs 63 a day earlier
China reported 64 new COVID-19 cases on the mainland on Jan. 27, up from 63 cases a day earlier, the national health authority said on Friday. The National Health Commission said in a statement that…
Dynamic zero-infection the only choice for China to combat pandemic
The dynamic zero-infection policy against COVID-19 has proved a huge success in a country with one-fifth of the global population. By Jan 25, the total number of cases in China was a relatively low …
