China is the only world power at the moment in a position to … Afghanistan, Iraq, and several others. Finance capital also found ample room to expand to the point where it became “too big…
Monthly Archives For March 2022
China sets GDP growth target at “around 5.5%” in 2022 amid “triple pressures” on economy, defense spending up by 7.1%
China on Saturday announced a growth target for the country’s economy of “around 5.5%” in 2022, with a plan to stabilize the economy amid the global turmoil over the Ukraine crisis, Hong Kong’s worst …
GACC: China’s Jan-Feb iron ore imports flat at 181 mln t
China’s Customs has combined January and February foreign trade data since 2020, to synchronize with data released by China’s National Bureau of Statistics, as normal data collect …
China trade looks very mixed
China’s exports and imports continued to increase at a double-digit rate, though slower than the pace seen in December. Moreover, we see very mixed …
KFC, Pizza Hut operator Yum China calls time on its struggling East Dawning fast-food chain as Covid-19 impact deals ‘fatal blow’
The pandemic was the final straw for the brand, though it had been losing ground for years to the likes of Da Niang Dumpling and Yang’s Dumplings.
New China Business Brief Podcast | Private Data, Public Rules: China’s Cybersecurity Regime
China’s policymakers have been busy upgrading the country’s cybersecurity regime. Over the last couple of years, the Cybersecurity Law (2016) has evolved and been joined by a whol …
Stink Studios Opens Office in Shenzhen
Little Black Book, The office will be overseen by Ramzi Chaabane, managing director of the company’s Chinese headquarters in Shanghai …
Chinese tech brands stay put in Russia for now!
Chinese firms are staying put in Russia for the moment despite a growing exodus of Western companies – albeit bracing for growing uncertainty – taking a cue from Beijing’s stance of refraining from …
UPDATE 1-China’s FX regulator asks banks about Russia business, sources say
China’s foreign exchange regulator has questioned banks over their exposure to the Russian-Ukraine crisis, following concerns Washington may sanction financial institutions or even block them from the …
Beijing deserting Russia? Two Chinese banks suspend business with Moscow
Radio Free Europe reported that the Asian Infrastructure Investment Bank, a Chinese-led development bank, suspended all business with Russia and Belarus on March 3.
Farkasova wins her 11th Winter Paralympic gold in Beijing
Slovakian legend Henrieta Farkasova brought her collection of Winter Paralympic gold medals to 11 after claiming the women’s super combined vision impaired on Monday. The 36-year-old, who finished …
China to Set Up Fund to Ensure Financial Stability
China will establish a fund to ensure financial stability, according to a government work report submitted to the National People’s Congress for deliberation. China will set up a financial stability …
China’s FX regulator surveyed banks about business with Russia – sources
China’s foreign exchange regulator surveyed banks last week, asking about their business ties with Russia and risk management processes in a bid to gauge spillover effects on China from the West’s …