China Huarong Asset Management Co. said state-owned Citic Group will replace the Ministry of Finance as its largest shareholder, marking the latest step in the overhaul of the troubled bad-debt …
Monthly Archives For March 2022
US removes tariffs on many imported components from China
While trade tensions have cooled since the Biden administration took over, tariffs remain in place on many imported Chinese goods. Soon there will be a few less. The US Government …
No reason for China to repeat 2015 currency devaluation even as the Japanese yen nosedives
This year is not 2015, and Beijing must look beyond Japan’s short-term competitive edge to preserve China’s wider interests The monetary conditions and deflationary mindset in place are unique to …
Beijing to build Communist training college in a metaverse
The available metaverse courses have titles like “A Hundred Years of Stories – Party History Micro Classroom” and “The Great New Era – Major Achievements of the Party and the Country Since the 18th …
South China’s Yangpu Port registers first foreign-funded intl vessel
Yangpu Port registered its first foreign-funded international ship – the Ma Yue of Xinlat Shipping, as it continues to see increased appeal in the international market under China’s plan on the …
Solomon Islands leader defends possible China security deal, calls backlash ‘very insulting’
The Prime Minister of the Solomon Islands on Tuesday defended the country’s possible security deal with China, hitting back at critics and calling their protests “very insulting.” …
Central China Shares Slump After 2021 Profit Slid 66%
By Anniek Bao Central China Real Estate Ltd. shares fell in Hong Kong trading on Tuesday after the developer posted a steep drop in 2021 profit due to …
CHINA UNICOM: 1Q Revenue, Profit Grow Steadily
CHINA UNICOM (00762.HK) announced that in the first quarter of 2022, the Group’s business momentum made steady progress with revenue and profit growing steadily, further advancing high-quality …
U.S. sees compliance, even ‘self-sanctioning’, on Russia export controls in Asia
The United States has not seen any indications of non-compliance in Asia with export controls on Russia due to its invasion of Ukraine, and companies are even self-sanctioning, a senior U.S. official …
Oil drops on Ukraine peace talk hopes, China demand fears
Oil prices dropped on Tuesday, extending losses from the previous day as Ukraine and Russia headed for peace talks and on fears of a drop in fuel demand in China after the financial hub of…
China’s Greenland Financial Technology Partners with Singapore’s MetaVerse Green Exchange on Cross-Border Digital Carbon Credits, Crypto-Assets
China’s Greenland Financial Technology partners with MetaVerse Green Exchange on cross-border digital carbon credits, crypto-assets.
Report shows brands in nation reviewing digital marketing
Foreign brands are likely to be more conscious of return on investment－ROI－while finalizing their digital marketing budgets in China, according to a report from Totem, a marketing and data agency.
Feeling economic strain, China explores tweaks to ‘Zero COVID’
Shanghai, China’s biggest city, is imposing a lockdown in two phases in an effort to minimise economic disruption.
