The sprawling Chinese region of Chongqing, home to several large global automakers, has extended power curbs at factories as a prolonged heatwave and drought continue to wreak economic and …
Monthly Archives For August 2022
China Sets Stronger-Than-Expected Yuan Fix Amid Currency Drop
China set its reference rate for the yuan at a stronger-than-expected level as the nation’s widening monetary policy gap with the US drove the currency to the lowest in two years. The People’s Bank of…
Customs should be on alert to imported waste
The General Administration of Customs said that customs officials in Dayaowan of Dalian, Liaoning province, recently returned 20 tons of solid waste that was illegally being shipped into the country.
China commences the second phase of the pilot program for e-CNY
Emerging reports from local media reveal that the country has begun the second phase of the pilot program for its CBDC.
Beijing unveils two-year plan for metaverse
The Beijing Municipal Government has revealed a two-year metaverse blueprint; the plan will spread from 2022 to 2024.
China’s distressed asset funds struggle to profit from collapsing property sector
Distressed asset managers in China’s private sector are struggling to profit from the country’s slowing economy, with no bottom in sight for its collapsing property sector and lenders reluctant to …
Australia to continue South China Sea patrols despite efforts to improve relations with Beijing
The new Labor government has said it wants to improve ties, but analysts say Canberra will not be willing to trade away its national interests.
Population push by Beijing calls for shift in attitudes of society
State Council proposals to reverse a declining population through a series of incentives are only the beginning and require the support of all The multipronged strategy China needs to reverse a …
China declares emergency as heat, drought threaten crops, manufacturing
A heat wave in China is threatening food production in that country, as high temperatures cause parts of the massive Yangtze River to dry up and threaten crops.
China Admits Companies Hoard Solar. They Got Biden To Remove Tariffs Because Of It
The hoarding strategy helped Chinese multinationals in Southeast Asia lobby successfully against a U.S. trade investigation this year.
China drought, scorching temperatures causing blackouts and factory closures
A severe drought and scorching temperatures are causing rolling blackouts in China that are harming the economy and negatively affecting supply chains.
China exerting more pressure on foreign companies than usual, study finds
According to a new study from a think tank for China studies, China has been exerting more force on foreign companies, pressuring them to fall in line with their political agenda.
The battle between China and Yemen’s grapes
STORY: Sharply dressed and trim, Ali Jarallah is making his way through what could be a perfect scene from a pastoral painting: rows upon rows of lush vineyards. He owns a store that sells grapes…
