Kunming, southwest China’s Yunnan Province. (Xinhua/Jiang Wenyao) LHASA, March 29 (Xinhua) — The export of whole vehicles from China to Nepal via the ports in southwest China’s Tibet Autonomous …
Monthly Archives For March 2022
Oil Drops as China’s Covid Resurgence Imperils Demand
Oil fell as China issued more lockdowns, raising fresh concerns about demand slowing down in the world’s biggest crude importer. Futures in New York fell more than $7 to trade near $106 on Monday.
Oil-Rich Canadian Province Alberta Aims To Become Crypto Hub
The main aim is to strengthen Canada’s largest oil-producing province to attract investment in emerging technology such as cryptocurrencies.
The inherent risk in crypto-currency
Crypto-currency may be moving from fringe to frontline finance, but that does not mean it is free from risk, says KnowBe4.
China’s top liquor brand reports profit rise
Workers process sorghum grains at a distillery of Kweichow Moutai in Maotai town in the city of Renhuai in southwest China’s Guizhou Province, Oct. 23, 2018. GUIYANG, March 29 (Xinhua) — China’s …
Russia looks to retailers from China, Turkey, India and Brazil as western brands exit
Russia is looking to China, India, Iran and Turkey to plug the gap created by an exodus of western retailers following its invasion of Ukraine, an industry body said on Friday. Moscow has been …
5 hypotheses on the future of luxury in China
In addition, this designer furnishing brand makes extensive use of Chinese traditional crafts such as the mortise and tenon joint techniques to manufacture its products. Source: China Design Center, …
China’s NEV Sales Boom Amid Fears of More Price Hikes
Orders for new energy vehicles at some Chinese dealerships reached new highs this month as customers rush to snap up new autos amid concerns that prices might keep going up as the cost of raw…
A Lockdown of Shanghai Tests the Limits of China’s Zero-COVID Policy and Rattles the Markets
A two-phase lockdown of Shanghai’s 26 million people is testing the limits of China’s hard-line “zero-COVID” strategy, which is shaking markets far beyond the country’s borders. China’s largest city …
Solomon Islands’ Leader Calls Concern Over China Security Deal ‘Insulting’
Prime Minister Manasseh Sogavare criticized Australia and New Zealand as assuming that the island nation could not act in its own best interests.
In China’s Wall Street, bankers and traders sleep in offices to beat Shanghai COVID lockdown
More than 20,000 bankers, traders and other workers are bedding down in office towers in Shanghai’s Lujiazui district as they bid to keep China’s giant financial hub ticking over through a COVID-19 …
China’s central bank conducts 150b yuan of reverse repos
BEIJING – China’s central bank on Tuesday conducted 150 billion yuan ($23.57 billion) of reverse repos to maintain liquidity in the banking system. The interest rate for the 7-day reverse repos was …
Shanghai Clearing House Keeps China’s Financial Markets Ticking Amid Covid Lockdown
Shanghai Clearing House, the only centralized clearing agency in China’s interbank market and one of the country’s three largest bond issuance registration, custody and settlement institutions, is …