China’s central bank said Wednesday it’s closely watching monetary policy tightening abroad, without signaling interest rate changes at home.
Monthly Archives For July 2022
Will China’s ‘zero-Covid’ policy thwart its plan for infrastructure-fuelled stimulus?
President Xi Jinping, by contrast, has instructed the government to make an all-out effort to boost infrastructure investment in response to the severe economic disruptions caused by China’s draconian …
FOCUS: Japanese firms more loath to invest in China amid “zero-COVID” policy
Japanese companies have become more reluctant to expand investment in China, criticizing the Communist-led government’s radical “zero-COVID” policy, including the frequent imposition of lockdowns in …
Lockdowns at Home Paralyze China’s Global Investment
The Chinese government continues to say its outbound investment and construction are remarkably smooth despite COVID-19. Disclosures by Chinese firms unsurprisingly indicate otherwise—that lockdowns …
‘Exponentially’ risky China leaves venture capital funds starved for cash
Beijing’s tech crackdown and heightened political risk are freezing fundraising rounds for small and middle-sized groups …
China Unicom and Huawei Roll out 1,000 MetaAAUs
China Unicom Beijing and Huawei have created the world’s largest commercial MetaAAU network as part of a project that has deployed MetaAAUs …
China Is Said to Turn Cautious on Outbound Spending as Fed Hikes
Chinese regulators have been asked to exercise greater caution when it comes to reviewing new overseas spending and investment plans amid concerns among senior leaders that higher US interest rates …
China’s fiscal revenue growth quickens as economy recovers
China’s fiscal revenue growth accelerated in January-June from the first five months, the finance ministry said on Thursday, as the economy showed signs of a slow recovery in June after earlier …
Why China is ‘seriously’ angry with the US, and why the US is right to provoke that anger
The USS Benfold’s transit through the Paracel Islands chain of the South China Sea on Wednesday shows “that the United States is an out-and-out ‘creator of security risks in the South China Sea’ and …
China’s foreign trade grows at double-digit pace in June with resilient outlook
China’s foreign trade saw a double-digit growth pace in June, a positive indicator that the world’s second-largest economy is recovering from the headwinds of COVID-19 outbreaks. * The country’s …
Shanghai included blockchain, NFTs and Web3 in its 5-year plan
China’s biggest city will support the enterprises that plan to construct the NFT trading platforms, as well as “research and promote the digitization of NFT and other assets.” …
UN Trade Body Calls Out ‘High Cost’ On Developing Countries If Crypto Left Unregulated
The United Nations Conference on Trade and Development (UNCTAD) said cryptocurrencies pose a threat to financial stability of developing countries and suggested three policy recommendations.
Luxury Takes Center Stage At China’s Fourth Busiest Airport You’ve Probably Never Heard Of
Contrary to popular opinion the airports of Shanghai and Beijing are not at the top of the 2021 passenger rankings. One gateway that is busier than both of them is now charting a course to…
