The yuan fell Wednesday after Chinese Premier Li Keqiang warned the world’s second-largest economy is doing worse in some ways than when the pandemic first hit in 2020. China’s currency dropped 0.9% …
Monthly Archives For May 2022
China’s high-tech sectors create demand for talents
BEIJING: Significant shifts are underway in the general employment situation of China’s workers as innovative and high-technology industries in the country are being rapidly developed. Latest data …
China to remain top investment target: experts at WEF
With China’s opening-up policy, continuous optimization of the business environment for foreign companies, and strong economic resilience, it will remain a hot place for investment, said global …
Exclusive interview: US Exim’s president talks export credit reform, green incentives and taking on China
In February, the US Senate confirmed Reta Jo Lewis as president and chair of the Export-Import Bank of the United States (US Exim), approximately five months after she was nominated by the White House …
GM Begins Exporting Chevy Onix From China To Mexico
GM Authority reported that General Motors would stop building the Chevy Onix in Mexico as part of a new manufacturing strategy at the GM San Luis Potosí plant. Production ended earlier this month, and …
Solomon Islands holds high hopes for bilateral deals with China amid FM’s visit: business leader
Economic cooperation between China and the Solomon Islands has huge potential as the two economies highly complement one another, the head of a local Chinese business chamber said on Wednesday, as …
India’s sugar export restriction produces no impact on China’s domestic supply: experts
India’s recent decision on sugar export restriction will have no substantive impact to the Chinese market as the country is ramping up the proportion of self-production while diversifying the sources …
China Protesters Demand Back Billions Invested in Suspected Scam
Hundreds of people took to the streets of the largest city in China’s Henan province this week, calling on authorities to ensure the return of tens of billions of yuan invested in what could be…
China’s economy worse off in some ways than 2020, says Premier
Li Keqiang tells officials to lower nation’s unemployment rate; economists expect China to miss growth target this year …
China’s voluntary pension funds lose US$10.9 billion amid equity-market volatility, pointing to need for more investor choice
China’s voluntary employee pension funds reported a 2.8 per cent loss in the first quarter as bets on the stock market blew up amid a slump, highlighting the impact of market volatility and …
China unveils multiple fiscal policies to support virus-hit sectors
China’s finance ministry on Wednesday rolled out multiple fiscal measures to further help market players overcome difficulties and sustain development. Local government financing guarantee …
Beijing ‘risks new Cold War’ after leaked document reveals it’s pursuing Pacific Islands deal
China to seek region-wide deal with almost a dozen countries, sparking initial alarm in Australia and among US Pacific allies …
China Seeks Sweeping Regional Deal With Pacific Island Countries
Newly obtained documents shed light on how Beijing hopes to win friends and gain influence in an area of strategic importance.
