With stepped up inspections on food imports, Hong Kong is again following in the footsteps of mainland China on COVID-19 policies. Unlike other countries, China cites frozen food packaging as a …
Monthly Archives For February 2022
One American life, set on new course by Nixon’s China visit
I was a suburban kid who just wanted to hang out with my friends. Suddenly I found myself in the belly of what was still, back home, being called “Red China.” Though I didn’t realize…
China plans bigger tax cuts in 2022 to prop up slowing growth
BEIJING (Reuters) -China will unveil bigger tax and fee cuts this year and step up payments to local governments to offset their hit to revenues, Finance Minister Liu Kun said on Tuesday, amid efforts …
Alibaba shares slump 5pc on Beijing’s scrutiny of Ant Group
BEIJING, Feb 22 ― Shares in Alibaba slumped more than five … which saw a record-breaking planned IPO by Ant Group pulled at the last minute. Bloomberg described the fresh investigation as “by far …
China has 757 million 5G users in January, the world’s largest
The growing users will be the key to laying the foundation for the technology to reach its scale efficiency soon in the country. The total number of China Mobile’s 5G users hit 401.27 million as…
China is interested in Ukraine’s defence-industrial complex, says report
Kharkiv has significant relevance for China, as it is home to Ukrainian enterprises dealing with defence technology including tank engines and other hardware. Notably, China supplies Ukrainian T-80UD …
China asks banks, firms to report exposure to Jack Ma’s Ant Group -Bloomberg News
Institutions were asked by many regulators, including the China Banking and Insurance Regulatory Commission, to closely examine all exposure they had to the Jack Ma-controlled fintech group, its …
China is playing a ‘careful game’ in Russia-Ukraine conflict, says think tank
Peter Zwack of the Wilson Center says although China has been supportive of Russia, it wouldn’t want Russia to “fail or get into trouble” and look to it for help to “bail them out.” Got…
China’s finance minister says greater tax, fee cuts coming this year
BEIJING (Reuters) – Chinese Finance Minister Liu Kun said on Tuesday that China will implement bigger cuts in taxes and fees this year while strengthening coordination between fiscal and monetary …
Scott Morrison’s China gambit is a Hail Mary from a flailing leader trying to galvanise fear
Large sections of the national gallery have embraced his China pivot, breathlessly reporting the attacks on Labor, amplifying intelligence community blowback and catastrophising operational incidents …
The Latest: China’s envoy calls for restraint, more dialogue
The Latest on the Russia-Ukraine crisis (all times local): UNITED NATIONS — China has called for restraint and is encouraging every effort to find a diplomatic solution to the Ukraine crisis, saying …
China Boosts Cash Injection Into Banking System Before Month-End
China’s central bank boosted its short-term liquidity injection in anticipation of cash tightness ahead of month end. The People’s Bank of China increased its cash injection via reverse repos to 100 …
China’s credit impulse may return to positive territory in second quarter: Barclays Investment Bank
Jian Chang of the investment bank discusses the state of China’s property sector and how much support the country might be able to give Russia when it faces sanctions over the Ukraine crisis. Got a…
