China is set to name Zhang Qingsong as a vice governor of the central bank, financial magazine Caixin said on Wednesday.Zhang, president of the Agricultural Bank of China, one of the “big four” state …
Monthly Archives For August 2022
China’s yuan has no basis for long-term depreciation – state media
China’s yuan has no basis for long-term depreciation, as the country’s strong exports should offset a buoyant dollar and hawkish Federal Reserve tightening, state media said on Wednesday citing market …
BlackRock, UBS Among Funds Cutting China Property Exposure
Asia’s largest high-yield bond funds are steering clear of China’s real estate sector as a worsening liquidity crisis weighs on the debt, according to research firm Morningstar Inc.Most Read from …
Covid-19: China reopens doors for foreign students after two years
Foreign nationals holding a valid Chinese residence permit for study or an APEC business travel card will be allowed to enter China starting Wednesday, the nation’s US embassy said in a statement …
China’s CIS industry speeds up plans as automotive market shines bright
China’s top image sensor manufacturer, and other companies in the sector have accelerated their transformation efforts as the automotive electronics market has been able to maintain growth despite …
China investment supports African supply chain development: report
The China-Africa Business Council (CABC) released a new report about China’s investments in African countries on Tuesday and said the two sides have made great strides in all-around, multi-level and …
China launches Beijing 3B satellite
China on Wednesday launched a Long March 2D rocket placing a satellite into space. Coded Beijing 3B, the satellite was lifted at 11:01 am (Beijing Time) from the Taiyuan Satellite Launch Center in the …
We’ve been steadily downgrading our growth estimates for China, says Asian Development Bank
Albert Park of the ADB discusses China’s economic difficulties, such as “very depressed” consumer sentiment as a result of the government’s zero-Covid policy.
China’s housing market is ‘still a drag,’ says UBS
Yifan Hu of UBS Global Wealth Management says it will nevertheless probably perform better than the first half of the year.
China’s yuan weakens as domestic economic woes, hawkish Fed weigh
China’s yuan weakened sharply against a stronger dollar on Wednesday, amid worries about a domestic economic slowdown and further aggressive rate hikes by the Federal Reserve. Investors are awaiting …
South Korean firms in Hong Kong want ‘free and open’ business climate, as Seoul marks 30 years of ties with China
Hong Kong’s strength lies in its ‘free, open and competitive environment’ that allows easy exchanges with the international community, says South Korean consul general Baek Yong-chun.
China reopens to foreign students after more than two years
China is opening the door to foreign students for the first time in more than two years, easing restrictions on their entry imposed after the outbreak of Covid-19.
Tropical Storm Ma-on headed for southeastern China
Tropical Storm Ma-on was headed for Hong Kong and other parts of southeastern China Wednesday after displacing thousands in the Philippines .
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