China is a key trade partner of Luxembourg and the Grand Duchy hopes to boost business with China in the aftermath of the COVID-19 pandemic, Luxembourg’s minister for development cooperation, …
Monthly Archives For June 2022
Taiwan defies ‘big bully’ China after latest air incursion
Taiwan’s defense ministry said Wednesday it would not give in to “big bully” China, one day after Beijing’s latest incursion of warplanes into the self-governing island’s air defense identification …
China Mobile reveals white paper on 6G architecture
China Mobile, one of China’s primary cellular carriers, published a white paper on 6G – the next generation of communication tech – at a mobile …
China looks set to lose its title as the world’s largest importer of LNG
Japan could retake the lead from China as the world’s largest importer of LNG in 2022, a report issued by Banchero Costa on Wednesday claims. In the 12 months of 2021, China’s LNG imports jumped…
New Peugeot model debuts in China’s Auto Valley with fresh brand image
Over the years, Peugeot 206, 307, 408 and other models have entered many families, making Peugeot one of the mainstream joint venture automobile brands in China. In particular, Peugeot 408 has …
Beijing caps coal prices to stave off power blackouts
China is trying to stave off widespread power outages this summer by ensuring generators have access to cheap coal, but with demand soaring some traders are breaching price caps.
China Vows More Pro-Growth Policies as Banks Urged to Step Up
(Bloomberg) — Beijing ratcheted up calls to boost China’s Covid-battered economy, with the nation’s finance minister saying more pro-growth policies are being studied and a newspaper affiliated with …
China’s yuan weakens ahead of Fed Chair Powell’s testimony
China’s yuan weakened on Wednesday ahead of Federal Reserve Chair Jerome Powell’s testimony to Congress later in the day, with traders looking for further clues on how aggressively the Fed will hike …
In Beijing’s BRICS summit, Putin is back on the world stage
When Russian President Vladimir Putin dials into the virtual BRICS summit hosted by Beijing on Thursday, it will be his first time attending a forum with the heads of major economies since launching …
Tesla drives China EV export rebound; Europe absorbs big chunk of the shipments
Automakers in China shipped $1.2 billion worth of EVs last month, up 122 percent from a year earlier as Tesla exports jumped to more than 22,000 after shipping only 60 cars in March and none…
China Economic Review Jun. 22
Such shift is in line with economic laws and will not affect China’s position in the global industrial chain and supply chain. 2. Implement urgent measures to stabilize employment The State Council …
Goldman Sachs explains why China’s inflation rate remains low
Andrew Tilton of the investment bank says China’s situation is different because its economic … Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, …
Beijing kids must take a PCR Covid-19 test to play in the park
Beijing is tightening its zero-Covid rules, mandating that kids show a negative test result to enter parks in China’s capital. Children older than three will need to show a green health code on the …
