Trade between China and two countries in Central Asia, Kazakhstan and Kyrgyzstan, have returned to pre-pandemic levels.
Monthly Archives For March 2022
Coronavirus: Huaqiangbei, world’s biggest electronics wholesale market, remains closed as hi-tech hub Shenzhen steps up battle against Omicron
Business in Huaqiangbei was initially suspended for four days from last Thursday, after one confirmed Covid-19 case was found to have visited the area The electronics wholesale market is an important …
Winter Paralympics: Ukrainian athletes’ thoughts are with those fighting the invasion back home as they enjoy golden success in Beijing
Ukraine secured a clean sweep of medals in two more Para biathlon events at the 2022 Winter Paralympics in Beijing on Tuesday.
China targets food self-sufficiency after Ukraine invasion, says President Xi
China has vowed to ensure its food and energy security by expanding grain production and increasing energy reserves, in response to the global uncertainties a …
China cenbank to pay over 1 trln yuan in profit to govt this year
China’s central bank said on Tuesday it will pay more than 1 trillion yuan ($158.31 billion) in profit to the central government this year.
SCIO press conference on promoting virtuous cycle of finance and economy amid high-quality development
As for how these sanctions will affect China’s economy and finance, the impact so far is not clear, and the situation requires further observation. Nevertheless, we believe that, in general, there …
China’s state firms to pay US$260 billion in profits to help fund Beijing’s spending spree
The law requiring the People’s Bank of China and other state-owned institutions and monopolies to pay part of their profits to the government had been suspended for two years due to the coronavirus.
China Asks Banks to Report Derivatives Exposure as Markets Reel
China asked its biggest financial firms and other state-owned enterprises to report the extent of their exposure to derivatives contracts following wild swings in nickel and other commodities that …
China led world with 500,000 electric car exports in 2021
According to the General Administration of Customs of China, the number of passenger EVs exported in 2021 increased 2.6 times to 499,573 units. Meanwhile, Germany doubled its exports to about 230,000 …
Chinese police busts illegal crypto mining farm, seizes 190 miners
The mining operations were reportedly being carried out in a closed-door location with a guard at the gate along with fences and walls to hide it from plain sight.
China Supports Tech Firm U.S. IPO Revival, Signaling End to Freeze
The China Securities Regulatory Commission told banks that it would permit some U.S. listings by companies that meet certain criteria, such as those that don’t possess sensitive data, the people said.
China’s newly set GDP growth target a sign of strength
Over the first weekend of March China undertook its annual “two sessions” meeting and declared a GDP growth target of 5.5 percent. Although this was immediately seized upon by the Western mainstream …
Chinese mainland’s aid boosts HK’s confidence in fighting COVID-19 Chinese mainland’s aid boosts HK’s confidence in fighting COVID-19
Face masks and nucleic acid test packages donated by the central government to help Hong Kong Special Administrative Region (HKSAR) fight the recent wave of COVID-19 have gone into nursing homes in …
