According the data provided by the Royal Monetary Authority of Bhutan in July 2022, foreign exchange reserves in the country shrunk to $970 million at the end of December 2021 from $1.46 billion in …
Monthly Archives For August 2022
US, China reach deal in dispute over Chinese company audits
The U.S. and China have reached a preliminary agreement to allow U.S. regulators to inspect the audits of China-based companies whose stocks are traded on U.S. exchanges.
US Suspends China Flights Over COVID-19 Regulations
The U.S. announced late Thursday it is suspending 26 China-bound flights from the United States by four Chinese carriers after the Chinese government suspended some U.S. flights because of COVID-19 …
What China is – and isn’t – learning from military drills near Taiwan
As the Taiwan Strait heats up, experts say preserving peace sometimes means having cleareyed assessments of the potential for war.
US halts almost 30 flights to China over COVID-19 dispute
The U.S. government is suspending 26 flights by Chinese airlines from the United States to China in a dispute over anti-virus controls after Beijing suspended flights by American carriers. The …
China’s ‘economic stalling’ threatens to disprove axiom that it can overtake US as No 1 economy
Challenges abound for China, forcing it to unveil new 19-point plan as Beijing admits ‘foundation of economic recovery is not solid’ ‘The global economy is not optimistic in the next few years, …
China’s property market is on the brink. Here’s what it means for investors
At that time, Ed Yardeni raised the specter that an Evergrande meltdown could turn into China’s version of a “Lehman Moment.” But most economists downplayed the likelihood of global contagion, and U.S …
China on course to OVERTAKE the US ‘militarily and economically’ in space race by 2045, Pentagon report warns
CHINA could soon be king of space overtaking the US, an official report has warned. The secretive state is working to become the dominant global space power economically, diplomatically and …
China allocates 10 bln yuan for drought relief, autumn grain production
China Ministry of Finance on Friday earmarked 10 billion yuan about 146 billion US dollars central reserve funds to support dr …
China’s World Metaverse Conference kicks off in Beijing in display of national ambition but few foreign presenters
China executives for tech giants like Nvidia, Epic Games and Unity showed up to promote their vision of the metaverse and standardisation Only two international speakers presented at the event, …
U.S. strikes deal in bid to keep China stocks from being booted off exchanges
The Public Company Accounting Oversight Board signed the agreement with the China Securities Regulatory Commission and the Ministry of Finance of the People’s Republic of China.
China drops some Covid-19 reporting rules for cross-border travellers at customs
Chinese customs said on Thursday (Aug 25) it no longer required cross-border travellers to report certain Covid-19 related information, such as tests and previous infections, when clearing …
A Playbook For China’s $10 Billion Men’s Beauty Market
As China’s men’s beauty market exceeds the $10 billion mark, here is a must-read playbook on how to take advantage of this lucrative opportunity.
