When China’s President Xi Jinping issued his traditional Lunar New Year wishes from the country’s coal heartland in January, the subtext was clear: Beijing is not ready to kick its coal addiction, …
Monthly Archives For March 2022
China warns of ‘huge’ pressure on foreign trade as economic challenges mount
A top Chinese official warned on Tuesday that China’s economy faces multiple challenges at home and abroad this year, including “huge” pressure from uncertainty over global trade and from …
China’s Central Bank Says Policy Will be Responsive to Changes
China’s central bank pledged to keep its monetary policy flexible and responsive to changing economic conditions, with an overriding objective of achieving stability.
China Moves to Slow Yuan Gains After Rally to Highest Since 2018
China’s central bank set a weaker-than-expected reference rate for the yuan in a sign of its discomfort with the currency’s rally.Most Read from BloombergBelarus Preparing to Send Soldiers, Report …
CNOOC Ltd wins approval for Shanghai IPO
China Securities Regulation Commission, the country’s top securities governing body, has endorsed a major plan by CNOOC Ltd to launch an initial public offering on the Shanghai Stock Exchange, with …
Chinese mainland reports 75 new local COVID-19 cases Monday
The Chinese mainland on Monday reported 75 locally transmitted COVID-19 cases, the National Health Commission said on Tuesday. Of the new local infections, 31 were reported in Guangdong, 14 in Inner …
China Post to test all overseas mail for Covid-19 as outbreak continues
Letters and parcels will be held for nucleic acid testing and released within 14 to 20 hours of a negative result The tightened regulations follow 87 new local cases reported and 147 imported …
China’s Feb factory activity returns to growth as new orders improve
China’s factory activity returned to growth in February, buoyed by expanding new orders, a private poll showed on Tuesday, although employment remained mired in contraction and inflationary pressures …
China new home prices in Feb rise slightly, momentum soft – private survey
China’s new home prices in February rose slightly on month after a dip in January, mainly driven by higher prices in the Pearl River Delta and Yangtze River Delta regions，data released by a …
China’s factory growth picks up as demand improves, Ukraine crisis raises risks
China’s factory activity unexpectedly expanded in February as new orders improved, pointing to some resilience in the world’s second-largest economy even as downward pressure builds and Russia’s …
Australia’s CBA to sell 10% stake in Bank of Hangzhou for $1.31 bln
Commonwealth Bank of Australia , the country’s No. 1 lender, said it would sell a 10% stake of China’s Bank of Hangzhou for about A$1.8 billion ($1.31 billion), exiting a nearly two-decade-old …
China Was Woefully Unprepared for the Russia-Ukraine War
While countries around the world warned their citizens to avoid traveling to Ukraine before the imminent military conflict, China did not take significant actions until the day Russia started its …
China as an engine of growth and innovation
Pola Grijalva is the CEO of the World Trade and Investment Group and president of the China Chamber of Commerce and Technology Mexico. The article reflects the author’s opinions and not necessarily …
