China’s steel association urged trading companies on Monday not to ramp up exports to take advantage of soaring global prices, and instead prioritise catering to domestic demand. BEIJING, April 25 …
Monthly Archives For April 2022
Bezos goes after Musk on China — but they both have dealings there
Jeff Bezos’s attempts to ding his longtime rival Elon Musk over his Chinese business ties following Musk’s purchase of Twitter backfired when Amazon’s own troubled foray into China got called out.
Shenzhen Edge Medical Seeks Place in China’s Surgical Robot Market
Shenzhen Edge Medical has applied for a Hong Kong IPO, following China’s approval for the sale of one of its key products in January Company will …
Chinese Hydrogen Fuel Cell Energy Solution Provider Said to Mull $1 Billion U.S. SPAC Deal
Shenzhen State Fuel Cell Corporation (“SFCC” or the “Company”), a leading Chinese hydrogen fuel cell energy solution provider, is mulling going public through a merger with a Special Purpose …
Asia wealth slump renders bank hype a little rich
Asian private banking is in danger of turning from a boon into a boondoggle. Some of the problems dragging down wealth-management earnings in the region for UBS and other Western banks may prove …
China plans to alter orbit of dangerous asteroids with new planetary defence technology
The system could be tested as soon as 2025 to catalogue and divert space debris that could pose a problem to the planet …
Global banks show business resilience in China amid pandemic
Global banks have shown strong business resilience and confidence in their China operations despite resurgence of the COVID-19 pandemic in the country. Credit Suisse, one of the w …
Coal To Power China’s Energy Transition
Year Plan (2021-2025) for the energy sector. While clean and low-carbon may be the keywords on paper, in reality, Beijing will continue rely on coal to power its economy and energy transitions.
Dollar jumps on China growth fears, yen rebounds before BOJ meeting
The dollar hit a two-year high on Tuesday as concerns about slowing growth in China and expectations that the Federal Reserve will aggressively hike rates boosted demand for the greenback.
China’s CIPS: A Potential Alternative in Global Financial Order
Emily Jin, research assistant at Center for New American Security and co-author of “China’s Digital Currency: Adding Financial Data to Digital Authoritarianism” discusses CIPS in a conversation with …
COVID-19 lockdowns in China had little effect on air quality, research shows
Chinese researchers say they’ve found that big changes in travel patterns due to COVID-19 restrictions appeared to have little effect on urban air pollution, or in some case even worsened it, a study …
Beijing enforces COVID-19 lockdowns in some districts, expands mass testing efforts
Workers put up fencing and police restricted who could leave a locked-down area in Beijing on Tuesday as authorities escalated prevention efforts.
China’s shutdowns are hurting bad
Swathes of Shanghai, China’s financial capital, have already been under a ruthlessly tight lockdown for weeks, aggravating supply-chain disruptions globally. And now it looks like Beijing may be …
