The push to increase mainstream adoption and utility of the digital yuan has become very evident. The Chinese government has even partnered with food-delivery giant Meituan and e-commerce platform JD.
Monthly Archives For August 2022
Estée Lauder: COVID In China Drove Weak Q4 FY22 Results And FY23 Outlook
EL shares have fallen 5.8% since Q4 FY22 results last Thursday, and remain 20% down from a year ago – a bargain in our view. Click to read our analysis.
Beijing nears deal to let U.S. inspect Chinese company records in Hong Kong – WSJ
The United States and China are nearing an agreement allowing American accounting regulators to travel to Hong Kong to inspect audit records of U.S.-listed Chinese companies, the Wall Street Journal …
Sen. Marsha Blackburn lands in Taiwan for surprise visit after calling China ‘New Axis of Evil’: source
Sen. Marsha Blackburn is the latest U.S. lawmaker to make an unannounced trip to Taiwan, according to a source familiar with the trip. She is expected to land Thursday.
U.S., Beijing near deal to let U.S. inspect Chinese company records in Hong Kong – WSJ
Securities regulators in Beijing are making arrangements for Chinese companies listed in New York and their accounting firms to transfer audit working papers and other data from China to Hong Kong, …
Impact Of China’s Drought Is Small Compared To Its Real Estate Crisis
Heatwaves and little rainfall in some parts of China have caused drought in the southwestern Chinese province of Sichuan, which greatly relies on hydroelectric power. Read more.
China Cancels 23 Loans to Africa Amid ‘Debt Trap’ Debate
Some Western governments say Chinese lending is intended to ensnare African countries, but the growing consensus among some scholars is that the ‘debt-trap narrative’ doesn’t hold up …
Drought-Hit China Plans To Use Cloud-Seeding To Induce Rain: Report
Authorities in China are trying to induce rainfall in the midst of a catastrophic drought, which is caused by a record-breaking heatwave.
China drought, power shortages worsen supply chain snags
China’s power crunch threatens supplies of everything from metals like aluminum to automotive parts, as well as food commodities.
China to take steps needed to protect Chinese firms following U.S. export control list
China’s commerce ministry said on Thursday it will take the measures needed to protect the legitimate rights of Chinese companies after the U.S. added seven Chinese entities, mostly related to …
China drops some COVID reporting rules for cross-border travellers at customs
Chinese customs said on Thursday it no longer required cross-border travellers to report certain COVID-related information, such as tests and previous infections, when clearing customs.
Huawei founder sparks alarm in China with warning of ‘painful’ next decade
Ren Zhengfei writes in leaked memo that ‘chill will be felt by everyone’ and company must focus on survival …
China and the GCC: Bilateral Trade and Economic Engagement
We discuss how China has become increasingly engaged with the six Gulf Cooperation Council (GCC) countries over the past 20 years.
