Chinese internet giant Tencent wants to sell technology which the company says will help foreign automakers that want to sell cars in China’s EV market.
Monthly Archives For June 2022
China may not continue spending a large amount of money on its Belt and Road Initiative: Think tank
Creon Butler of Chatham House says China is unlikely to continue with its current level of spending as the country has been “burnt in a number of ways” by its debt issues.
China property managers escape sector blues
Despite China’s property sector being engulfed in a crisis, a portion of the industry is thriving, leading to some optimism about improving liquidity for the rest of the market. “Property development …
China c.bank makes biggest daily cash injection in three months
SHANGHAI: China’s central bank made the biggest daily cash injection into the banking system via open market operations in nearly three months on Monday, to ease pressure from rising cash demand …
The week in review: Ping An banned from IPO sponsorship
This round-up focuses on the Chinese securities house being penalised for its work on Leshi’s IPO more than a decade ago …
China’s Economy Improves in June From Lockdown-Induced Slump
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergRussia Defaults on Foreign Debt for First Time Since 1918Hyundai Quietly Climbs …
Covid Death Toll Vs China’s Puts US To Shame
In May and June two milestones were passed in the world’s battle with Covid-19 and were widely noted in the press, one in the US and one in China …
Iron ore hits one-week high on China demand hopes, easing Covid-19 curbs
The most-traded iron ore for September delivery on China’s Dalian Commodity Exchange rose up to 5% to 782.50 yuan ($117.02) a tonne, its highest since June 20.On the Singapore Exchange, the …
Profits at foreign firms in China plunge despite easing of Covid-19 restrictions
Foreign firms saw a drop of 16.1 per cent in their profits during the January-to-May period from year earlier. Read more at straitstimes.com.
Beijing vows to build city into a major scientific research center, innovation hub
VCG. Beijing vows to build the city into a major scientific research center and innovation hub, Cai Qi, the Communist Party Secretary of Beijing, said at the city’s …
Tuvalu minister pulls out of UN Ocean Conference after China blocks its Taiwanese delegates – media
The foreign minister of Tuvalu pulled out of the United Nations Ocean Conference opening in Portugal on Monday after China blocked the participation of three Taiwanese included in the tiny Pacific …
China Evergrande faces winding-up lawsuit in Hong Kong
A winding-up petition has been filed against embattled property developer China Evergrande Group at the Hong Kong high court, the judiciary’s website showed.
China’s fourth telecom player China Broadnet comes online, connects to 5G signal
China’s state-owned radio and TV carrier China Broadnet launched its official website on Monday, announcing it has started 5G mobile phone services. Xiang Ligang, director-general of the Beijing-based …
