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Monthly Archives For January 2022
China Relies on Snowmaking For Beijing Olympics
“It has a history of water shortages.” China is relying on snow and ice-making machines to prepare for the Beijing Olympics in one of the driest parts of the country. Colum Murphy reports from Chongli…
China Mobile tests industry’s first URLLC live network verification
ZTE Corporation together with China Mobile Research Institute, the Guangdong Branch of China Mobile, and MediaTek, has completed all the test items of URLLC key technologies in Guangzhou, China.
China’s imports of aluminum scrap increased by 93.05% in December compared with the same period last year.
China’s scrap aluminum imports surged 93.05 per cent year-on-year in December] according to the online inquiry platform of the General Administration of Customs, China imported 159100 tons of scrap …
China warns of ‘no mercy’ in corruption and monopoly crackdown
China has vowed to ramp up its regulatory crackdown and show “no mercy” against corruption as the ruling Communist Party gears up for a key meeting that could secure President Xi Jinping a third term.
China property companies face major debt squeeze in Q1
China’s troubled property companies face a tough first quarter, as they have to pay back a record amount of offshore bonds while new home sales are depressed and finding financing remains a challenge, …
China set to cut interest rates on standing lending facility loans – sources
China will on Friday cut the interest rates on a key monetary policy tool by which financial institutions can obtain temporary liquidity from the central bank, three sources with direct knowledge of …
Exports likely buoyed S.Korea GDP growth in Q4, braking China dims outlook: Reuters poll
South Korea’s economy likely accelerated in the last quarter, buoyed by strong exports and investments, but an economic slowdown in China and surging COVID-19 cases pose a significant risk, a Reuters …
BizBeat Ep. 312: Australian media blames China groundlessly for test kit shortages
A recent article from an Australian media wrote that “there had been delays getting test kits past Chinese customs for no obvious reason”. It seems that in the eyes of Australian media, the reason for…
China exports surge in 2021 as global demand picks up
Chinese exports surged in 2021 on solid global demand as countries reopened, official data showed Friday, bumping its overall trade surplus to a record high and providing a much-needed boost to the …
China’s December exports rose 20.9% from a year ago, slightly more than expected
China’s exports grew slightly more than expected in December, while imports rose less than expected, according to customs data released on Friday.
World stocks mixed after China rate cuts, Japan export gain
Global stocks were mixed Thursday after China cut interest rates and President Joe Biden said “we’re not there yet” on lowering punitive tariffs on Chinese goods. London and Tokyo gained while …
AInnovation sees poor investor turnout on IPO
Artificial intelligence start-up Qingdao AInnovation Technology Group has priced its Hong Kong IPO at the floor of the marketed range, raising HK$1.18bn ($151.5m) in new capital, according to a source …
