Hong Kong (CNN Business)Tesla’s sales of China-made vehicles plunged 64% in July from a month earlier, as the company’s ambitious upgrade of its Shanghai factory disrupted production. The sharp drop …
Monthly Archives For August 2022
Taipei accuses Beijing of trying to take control of Taiwan Strait
Taipei has warned that China could use military drills around the island to establish control over the entire Taiwan Strait, impeding international shipping and air traffic and strengthening Beijing’s …
China closes Lhasa’s Potala Palace amid minor COVID-19 outbreak in Tibet
Closure of the palace, a key tourist attraction in Tibet, underscores China’s continued adherence to its draconian ‘zero-COVID’ policy.
China’s Luckin plans store expansion, remains committed to U.S. market
Two years after it was forced to withdraw from the Nasdaq for an accounting fraud, China’s Luckin Coffee believes it has emerged from its “darkest moment”, and said it remains committed to U.S.
China orders surprise audit of $4 trillion shadow banking industry amid mortgage crisis
The move shows how concerned authorities are about contagion from the property sector destabilising the financial industry. Read more at straitstimes.com.
China Orders Surprise Audit of $3 Trillion Trust Industry
China’s top auditor is conducting a review of the $3 trillion trust industry, paving the way for a potential overhaul of a key shadow banking sector where losses on property loans are mounting.Most …
China orders audit of $3-T trust industry – Bloomberg News
China’s top auditor is conducting a review of the $3-trillion trust industry, Bloomberg News reported on Tuesday, citing people familiar with the matter. China’s trust industry has been a …
China’s July new yuan loans expected to more than halve from June: Reuters poll
China’s new yuan loans are expected to fall back in July after record lending in the first half, a Reuters poll showed, but they are still likely to exceed the year earlier amount as the…
Taiwan’s oil and LNG imports normal despite mainland China’s military drill
The island has enough coal, oil and LNG inventories, although offshore drilling activities were suspended some time ago …
China shifts the military status quo on Taiwan after Pelosi visit
Beijing appears to be accelerating efforts to establish a new normal in its military posture around Taiwan, using the U.S. speaker’s visit as an excuse for the escalation.
90% of China import expo exhibition area booked
Ninety percent of the planned enterprise exhibition area has been booked for the fifth China International Import Expo (CIIE). The figure was released on Monday at a pre-exhibition supply and demand …
China’s July new yuan loans expected to more than halve from June
China’s new yuan loans are expected to fall back in July after record lending in the first half, a Reuters poll showed, but they are still likely to exceed the year earlier amount as the…
China orders audit of $3 trillion trust industry – Bloomberg News
China’s top auditor is conducting a review of the $3 trillion trust industry, Bloomberg News reported on Tuesday, citing people familiar …
ADVERTISEMENT
