Some key countries in East Asia are joining with the West to take what is for them the exceptional step of imposing significant financial sanctions, officials and analysts say, brought together by …
Monthly Archives For March 2022
Palm oil imports this year seen easing in India, flat in China
Palm oil imports by world’s biggest buyers India and China are expected to be flat this year as red-hot prices deter demand, industry officials said at a webinar on Thursday. KUALA LUMPUR, March 3 …
Hong Kong exchange can collaborate with Beijing bourse to create fundraising platform for Chinese SMEs, advisory body FSDC says
‘Hong Kong’s continued success as an international financial centre depends much on its ability to connect investors to attractive investments at the right price’ The FSDC report also proposes that …
Ukraine invasion: Western sanctions on Russia hit Shenzhen online merchants, says local group
Western sanctions on Russia for its war on Ukraine are hurting China’s online cross-border merchant community, with some worried they won’t get paid due to the exclusion of Russian banks from Swift.
Ukrainian team hails ‘miracle’ arrival for Beijing Paralympics
The arrival of Ukrainian athletes at Beijing’s Winter Paralympics is a “miracle”, the team’s top official said Thursday, with some narrowly escaping bombs as they left during the Russian invasion.
MWC 2022: Chinese firms push 5G credentials despite US ban
On a stage reserved for the biggest players in the global telecoms industry, three Chinese firms took their place alongside three Western companies – and pushed the message that they wanted to “work …
MWC 2022: China Mobile 5G penetration at 21 per cent
China Mobile revealed its actual 5G subscriber base is around 200 million, compared with the 401 million ‘5G package customers’ announced last week, meaning just 21 per cent of its users have adopted …
‘Bottlenecks still exist’ in China’s core technology: spokesperson
China’s top political advisory body is aware that “bottlenecks still exist in some areas of China’s core technology,” and has put forth many “inspiring ideas” to advance relevant work, said a …
CGTN: Beijing Winter Paralympic Games reflect more than just sports
Promoting sports for persons with disabilities has become an integral part of China’s drive to help the country’s disabled. Hosting the 2022 Winter Paralympic Games will create more opportunities for …
Exclusive – Russian Firms Rush to Open Chinese Bank Accounts as Sanctions Bite – Sources
The Moscow branch of a Chinese state bank has seen a surge in enquiries from Russian firms wanting to open new accounts, a person familiar with the matter said, as the country’s businesses struggle …
China stocks end lower as services activity growth slows, HSBC lifts Hang Seng
China stocks closed lower on Thursday, as investor appetite was dampened after a survey showed services sector activity in February had expanded at the slowest pace in six months amid the government’s …
Everything you need to know about China’s economy as Xi Jinping eyes up third term
CHINA’S economy has slowed dramatically over the past six months, with policymakers expected to announce a raft of stabilising measures at the National People’s Congress this weekend.
A Russian e-commerce store in China is suddenly seeing brisk business
With few permitted forms of activism, Chinese citizens often express their political views by rejecting or purchasing certain goods.