BEIJING – China’s central bank plans to turn over more than 1 trillion yuan ($158.3 billion) in surplus profits to the country’s central budget in 2022 to support enterprises, stabilize employment and …
Monthly Archives For March 2022
China Should Draft a Digital Yuan Law, State Bank Official Says
China has been testing the digital yuan in about a dozen regions since 2020. Drafting a specific law or regulation is seen by some as one of the prerequisites for a national roll- …
China exports log 16.3% rise in first two months: customs
Chinese exports in January and February rose a combined 16.3 per cent on surging global demand and a spike in trade with Russia in the run-up to the Ukraine conflict, according to customs data …
Column: China’s commodity imports look deceptively boring. But Ukraine looms
China’s imports of major commodities appeared largely steady to even somewhat soft in the first two months of the year. But the bland figures mask some dynamic shifts, which are likely to be …
Ant Group IPO said to be delayed indefinitely
An Ant Group initial public offering is said to delayed indefinitely amid China’s crackdown on the tech industry. Bankers who last fall discussed a possible Hong Kong-based IPO of the fintech …
U.S. Firms in China Aren’t Leaving. They’re Just Not Investing More, According to This Survey.
American firms with operations in China continue to face frustrations ranging from pandemic restrictions to policy hurdles, a new report says …
Amazon’s business closely entwined with China, suppliers linked to forced labour in China: Watchdog group
A report from the Tech Transparency Project said that Amazon’s business is closely entwined with China and its suppliers linked to forced labour in the Xinjiang region of China. The research group …
Science, technology play crucial role in China’s fight against COVID-19: minister
Science and technology have played an important role in China’s successful containment of COVID-19 epidemic, Minister of Science and Technology Wang Zhigang said Tuesday. Wang told journalists on the …
Sweden go top of wheelchair curling table with wins at Beijing 2022 Paralympics
Dahl’s Sweden were victorious twice in wheelchair curling today to move to the top of the standings, vanquishing Estonia and …
U.N. rights boss Bachelet says China visit agreed in May, including Xinjiang
U.N. human rights chief Michelle Bachelet said on Tuesday that she has reached an agreement with China for a visit, “foreseen” in May, and that she had raised with Beijing the arrests of activists to…
China says Hong Kong must stick to “dynamic zero” COVID strategy
A top Chinese health official rallied embattled Hong Kong on Tuesday to stick with a “dynamic zero” coronavirus strategy and warned that the city’s “lifeline” health system was at risk and the …
China is censoring the invasion of Ukraine
The Chinese government is scrubbing the country’s internet of sympathetic or accurate coverage of Russia’s invasion of Ukraine, and systematically amplifying pro-Putin talking points.Why it matters: …
Cyber firm: At least 6 US state governments hacked by China
Hackers working on behalf of the Chinese government broke into the computer networks of at least six state governments in the United States in the last year, according to a report released Tuesday by …
