China’s first-half fiscal revenue reached 10.52 trillion yuan ($1.56 trillion), an increase of 3.3 percent after deducting the factors of tax rebates, according to data released by the Ministry of …
Monthly Archives For July 2022
Yellen Says She Will Push China to Restructure Debts of Developing Countries
Beijing’s role as a creditor to many countries around the world has come under fresh scrutiny following an uprising in Sri Lanka.
China’s central bank to expand the deployment of e-CNY
Image: Shutterstock Lan Zou, chief of monetary policy at the People’s Bank of China (PBoC), made an announcement that China will increase the number of digital yuan (e-CNY) test sites from 11 to 23, …
Crypto winter brings plummeting GPU prices
Oh dear, how sad, never mind.Falling crypto prices are causing GPU prices to drop below MSRP across the board. Basically, the crypto miners are not buying new GPUs, at least in China making the prices…
Economic Watch: China’s employment market perks up amid broader positive signs, gov’t support
China’s employment market has seen signs of an upturn, amid broader improvements in key economic indicators and the implementation of multiple pro-employment policies. The country’s surveyed urban …
In Depth: Why China Still Doesn’t Have an mRNA Shot
Since the pandemic started, China has approved seven home-grown Covid-19 vaccines using four proven technologies to back the country’s vaccination campaign, the world’s largest. But shots based on the …
China: Exports kept the solid performance – UOB
The lifting of COVID-19 lockdowns in Shanghai further boosted China’s exports in Jun but imports grew at a slower than expected pace which raised concerns of weaker domestic demand. China’s imports …
A New Achievement of Chinese Auto Brands in Overseas Market, GWM’s Overseas Sales reached 1 Million Units
GWM officially announced to the world at the Saudi Arabia TANK brand launching event that the cumulative overseas sales had reached one million units, which marked a new milestone of the company’s …
China Military Base in Solomon Islands Ruled Out in Blow to Naval Ambitions
Prime Minister Manasseh Sogavare of the Solomon Islands said a military base wouldn’t be welcome in his country—or anywhere else in the region.
China opens former air raid shelters amid heat wave
High temperatures have prompted cites in eastern China to open former air raid shelters as a relief from the heat. Temperatures have surpassed all-time records in much of the country, while flooding …
EXCLUSIVE Barclays seeks entry into China’s $4.3 tln asset management market -sources
Barclays is seeking a Chinese banking partner to set up an asset management joint venture in the country, two people with knowledge of the matter said, as part of British lender’s plans to expand its…
The next round of COVID-19 booster shots, explained
The Biden administration is currently pushing to expand booster eligibility for all U.S. adults, though the decision will ultimately require sign-off from both the Food and Drug Administration and the …
Beijing Says It ‘Warned Away’ USS Benfold From Paracel Islands, Releases Pictures Of Operation
USS Benfold’s presence near the disputed archipelago came a day after the sixth anniversary of the Hague ruling, which rejected China’s nine-dash claim over the South China Sea.
