In a turbulent world facing the raging COVID-19 pandemic and a struggling global economic recovery, the fact that Chinese and EU leaders had in-depth and candid discussions on major issues concerning …
Monthly Archives For April 2022
China changes audit secrecy rules in bid to stop US delistings
Beijing has revised its audit secrecy laws in a bid to stop around 270 Chinese companies from being delisted from US exchanges, in a significant concession to pressure from Washin …
The ‘China Model’ is being tested by Covid, Russia and the economy. And it’s coming up short.
Putin of Russia as he wages war in Ukraine has risked the world’s criticism, and potentially sanctions. It’s all leading to increasingly anxious questions about the country’s path — and even about …
China digital currency: e-CNY rollouts expand to Hangzhou and Chongqing as Chinese central bank seeks broad support for its push to go cashless
China will expand the trial of its sovereign digital currency to a number of Chinese cities including Chongqing, Tianjin, Hangzhou and Guangzhou, as the central bank works on incentives for banks …
China’s regulator cracks down on using feng shui to predict stock market trend
China’s securities regulator launched a crackdown on brokerages using feng shui to predict stock market trends in their research notes or investment …
Beijing postpones auto show
Organizers of the Beijing auto show, scheduled to be held in late April, said on Saturday they are postponing the event until further notice due to the COVID-19 resurgence across the country. “We will …
China Has Capability to Use Space for Military Purposes, Experts Say
Space-based military technology could aid country’s offensive, defensive operations on ground, at sea and in air, analysts say …
Xi Jinping urges China, EU to bring more stability to a turbulent world
Chinese President Xi Jinping said on Friday that China and the European Union (EU) should bring more stability to a world plagued by a protracted COVID-19 pandemic, a faltering global recovery and …
China’s monetary policy toolkit adequate to navigate economic uncertainties
Yangpu Bonded Port Area in the Yangpu Economic Development Zone, south China’s Hainan Province. (Xinhua/Pu Xiaoxu) BEIJING, April 2 (Xinhua) — China has an adequate monetary policy toolkit to shore …
China’s Bet on Sending Its Exports Through Russia Hits Setback
Sanctions imposed on the Kremlin are disrupting Beijing’s ambitions to move more exports by rail to Europe. “It’s a painful setback,” one consultant says.
I am ‘not that rich’, says crypto exchange Binance’s CEO with $74 bn net worth
The Fortune magazine quoted the 44-year-old’s estimated net worth at $74 billion and said that Bitcoin boom had made him as rich as Meta CEO Mark Zuckerberg “virtually overnight”.
Beijing eyes cooperation with US on audits of Chinese firms
BEIJING: Beijing on Saturday proposed scrapping a rule that prevents US authorities from inspecting the audits of Chinese companies listed in the US, in a longstanding dispute between the countries.
America needs a strategic reset to confront the new axis of Russia, China, Iran
Whatever the outcome of the war in Ukraine, it is just the latest round in a concerted, totalitarian assault on freedom and its allies around the world—an assault led by three revisionist powers, …