BEIJING: China central bank said on Friday (Aug 26) that it will allow more foreign banks to get cheap funding via its carbon emission reduction supporting tool. The People’s Bank of China (PBoC) said …
Monthly Archives For August 2022
Factory power cuts extended in China’s Chongqing, impacting tech manufacturing
Power cuts to factories in Chongqing have been extended until further notice, as China’s grid struggles amid a record heatwave. Electronic manufacturers in the municipality are impacted by the …
Xinhua Commentary: Self-serving Washington and its “decoupling from China” fallacies
Apparently, Washington is seeking to tailor-make its own “global” semiconductor supply chains and kick China out of the game. And it is trying to justify its push for supply-chain reshoring by …
US responds in kind for China-bound flights after Beijing suspends 26 flights to America
The U.S. government decided to suspend 26 China-bound flights over the next month on Thursday as a reaction to the Beijing suspending American-bound flights over COVID-19 concerns.
China’s Long March 2D rocket launches Beijing-3B satellite
China’s Long March 2D rocket launched the Beijing-3B satellite from the Taiyuan Satellite Launch Center on Aug. 24, 2022. The satellite will provide remote sensing services in the fields of land …
China adds postscript to ‘Minions’ showing crime doesn’t pay
The latest “Minions” movie reinforces a message for Chinese audiences that viewers in other countries won’t see: Crime doesn’t pay. A postscript added to the version in Chinese cinemas says a …
China Mobile, ZTE complete commercial trial of co-routing detection in existing optical network
ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile internet, together with the Yunnan Branch of …
China’s GDP Woes Crash Fed’s Jackson Hole Party
Beijing’s go-slow approach to fixing the country’s economic cracks these last 10 years is a clear and present danger to the economies of central bankers jetting into Wyoming this weekend.
China regulators tell banks to ramp up lending – sources
China’s central bank has stepped up pressure on lenders with new instructions to grow loans, six bankers with knowledge of the matter said, as the world’s second-biggest economy faces an economic …
US sanction-hit Huawei captures 2nd spot in China’s laptop market
US sanction-hit Huawei had some good news as the company came second in the Chinese tablet market, behind Apple, with a 0.5 per cent growth to reach 1 million units in the June quarter.
Baidu launches quantum computer in China and gives people access via PC, smartphone or the cloud
But China’s leading quantum scientist said there were high hopes for the new system because it was a brave first step towards bringing the futuristic technology out of the laboratory. “We have already …
President Urges China To Change Tune On Debt
Sri Lanka is urging China to dramatically change its stance on debt relief, President Ranil Wickremesinghe told Nikkei Asia in an exclu …
PV Price Watch: Polysilicon price rises for the 28th time this year as China calls for deeper industrial management
Local manufacturers for industrial silicon … meant that it was urgent to deepen the industrial management of China’s PV industry and develop strategic alliances between supply firms. Local …
