Lithuania is under pressure from German companies to back down in a dispute with China to end a blockade of the Baltic state, as European trade officials struggle to defuse the row, people familiar …
Monthly Archives For January 2022
Team USA to feature 4 US service members at Beijing Olympics
At least four U.S. military service members will join Team USA as it looks to win gold medals at the 2022 Winter Olympics in Beijing next month.
China Expects to Meet Charging Demand of 20 Million-Plus EVs by End of 2025
China expects to meet charging demand for more than 20 mln electric vehicles by the end of 2025, the National Development and Reform Commission said in a document on Friday. (Reporting by Albee Zhang …
China mandates 3-day Olympic torch relay amid virus concerns
China is limiting the torch relay for the Winter Olympic Games to just three days amid coronavirus worries, organizers said Friday. The flame will be displayed only in enclosed venues that are deemed …
China can achieve economic growth of around 5.5% in 2022- cabinet adviser
China will be able to achieve economic growth of around 5.5% in 2022, Zhu Guangyao, an adviser to China’s cabinet, said on Friday. China’s potential economic growth rate is estimated at 5-6%, Zhu …
China Urges Banks to Boost Lending After Slow Start to 2022
China is quietly urging banks to increase lending after a slow start to the year, ramping up efforts to combat the weakest economic expansion since early 2020.
China Sees Smaller Spillover Impact From Fed Moves Than Before
A Chinese foreign exchange official said U.S. monetary tightening may cause less severe spillover effects than in the past, downplaying concerns about potential capital outflows as Beijing embarks on …
Sunac China Downgraded on Consecutive Days: Evergrande Update
Sunac China Holdings Ltd. saw its credit rating cut further into junk territory by S&P Global Ratings, matching the day-earlier downgrade by Fitch Ratings amid concerns about the developer’s funding …
China round-up: Beijing eases up with LPR cut
LPR was recently dropped to 3.8% from 3.85% in December 2021, the five year LPR has not moved since April 2020. A cut in LPR was widely anticipated, after the People’s Bank of China (PBoC)…
Amundi’s China wealth JV garners $11 bln in 15 months since launch
Europe’s largest asset manager Amundi has garnered more than $11 billion of assets from Chinese investors since it became the first foreign-controlled joint venture (JV) to launch operations in the …
China Exports Its Traditional Medicine to Africa
Then we see how it goes.” Traditional Chinese medicine is becoming more popular in Africa, according to a 2020 study by Development Reimagined, a Beijing international consulting firm. A February 2020 …
Foreign trade of China’s Inner Mongolia exceeds 19 bln USD
Foreign trade volume of north China’s Inner Mongolia Autonomous Region reached approximately 123.6 billion yuan (about 19.5 billion U.S. dollars) in 2021, up 17.2 percent year on year, said the local …
Crypto Currency Market to Witness Revolutionary Growth by 2026 | BitFury Group, ZEB IT Service, Litecoin.com
Advance Market Analytics published a new research publication on “Crypto Currency Market Insights, to 2026” with 232 pages and enriched with …