The crackdown on protests by bank depositors prevented from withdrawing their funds sparked a tsunami of public criticism and comment on the Chinese internet.
Monthly Archives For August 2022
China’s services trade fair attracts 134 financial institutions, enterprises
A total of 134 financial institutions and enterprises from China and abroad have signed up for a thematic exhibition of financial services at the upcoming 2022 China International Fair for Trade in …
Interview: Swiss pharma giant Novartis expects China to be its second biggest market by 2024
Swiss pharmaceutical company Novartis expects China to become its second largest market globally by 2024, the head of Novartis China has told Xinhua in a recent interview. “In the next five years, we …
China’s auto exports surge, carmakers expand business globally
SGMW, a joint venture between SAIC Motor, General Motors and Liuzhou Wuling Motors, is based in Liuzhou, south China’s Guangxi Zhuang Autonomous Region. In 2017, with a total investment of 1 billion U …
China’s actions fundamentally at odds with goal of peace, stability: WH
The recent Chinese actions around House Speaker Nancy Pelosi’s visit to Taiwan are fundamentally at odds with the goal of peace and stability, the White House said …
Biden and China’s Xi Jinping poised to meet in-person in November: report
President Biden is likely to meet Chinese President Xi Jinping in person in November — the first such meeting since Biden took office, the Wall Street Journal reported Friday. Biden’s family has had …
U.S. Will Continue to Defend Taiwan From China’s Threats: White House
A top White House official for the Indo-Pacific said the U.S. will seek closer ties with Taiwan despite objections from China.
China Hits ‘Liquidity Trap’ as Low Rates Fail to Spur Bank Loans
China’s low interest rates are failing to spur lending in the economy, creating a challenge for policy makers as they try to bolster the nation’s fragile recovery.Most Read from BloombergAuthor Salman …
China reports 2,144 new COVID cases for Aug 12 vs 2,009 a day earlier
China reported 2,144 new COVID-19 infections on Aug. 12, of which 704 were symptomatic and 1,440 were asymptomatic, the National Health Commission said on Saturday. That is compared with 2,009 new …
China’s slowing economy spells trouble for US and the world
From a US perspective, the grim Chinese outlook has to raise questions about the wisdom of the Federal Reserve’s current hawkish monetary policy.
Jack Dorsey Has a Provocative Idea to End China Covid Restrictions
Jack Dorsey, the billionaire founder of Twitter, isn’t afraid to speak his mind, to powerful people and governments.
Biden to meet China’s Xi Jinping in November: Report
“China supports Indonesia and Thailand as the hosts of the two conferences, and is willing to work with all parties to promote the conference to achieve positive results,” China’s Foreign Affairs …
American Companies Escape China Sanctions Over Pelosi Visit: U.S.-China Forum
“There have not been threats against U.S. companies,” National Committee on U.S.-China Relations President Steve Orlins said …