China’s auto sales reached 2.38 million units in August, increasing 32.1% from a year ago, as they extended a recovery led by electric vehicles (EV) whose sales have been boosted by government …
Monthly Archives For September 2022
China’s yuan firms on PBOC guidance, but set for 4th weekly loss
China’s yuan extended gains on Friday as the dollar eased, alleviating some imminent worries over a breach of the key 7 per dollar mark, while the central bank continued to stabilise the market …
China Restricts Domestic Travel as Covid Outbreaks Persist
China is stepping up its Covid defenses as a key Communist Party meeting looms, restricting internal travel further as swathes of the country remain under tight lockdowns.
Beijing strongly condemns US visit to Taiwan region
Beijing on Thursday strongly condemned and firmly rejected the visit of United States Congress officials to China’s Taiwan region, saying it violated the one-China principle and broke the US promise …
China’s consumer, producer inflation slows in August as COVID saps demand
China’s consumer prices rose at a slower-than-expected pace in August while the rate of producer inflation hit an 18-month low, reflecting an economy plagued by weak domestic demand and leaving room …
US lawmakers warn Apple on using chips from China’s YMTC in new iPhone
Asked about the congressional concerns, Apple told the FT it did not use YMTC chips in any products but said it was “evaluating sourcing from YMTC for Nand chips to be used in s …
EY’s Greater China member firms say they won’t take part in firm’s global break-up
Member firms of Ernst & Young (EY) in the Greater China region will not participate in a global plan by the professional services firm to split its audit and consulting units into two companies, EY…
China Restricts Domestic Travel as Covid Outbreaks Grow
China is stepping up its Covid defenses as a key Communist Party meeting looms, restricting internal travel further as swathes of the country remain under tight lockdowns.
China’s consumer, producer inflation slow in August
China’s consumer prices rose at a slower-than-expected pace in August amid heatwaves and Covid-19 flare-ups, official data showed.
India, China Move Back Troops From Another Border Friction Site
Indian and Chinese soldiers have begun to pull back from one more friction point along their disputed Himalayan border following a meeting between top military commanders from both sides, according to …
China (Beijing) Digital Finance Forum 2022 held in Beijing
CNY (digital yuan) experience zone at the China (Beijing) Digital Finance Forum 2022 in Beijing, capital of China. The China (Beijing) Digital Finance Forum 2022 themed “Innovate Together: Governance …
China steps up lockdown, restricts domestic travel as Covid-19 outbreaks spike
Authorities in China told citizens to minimize travel during the mid-Autumn festival next week and National Day holidays in October, ordinarily key periods for domestic tourism, and asked local …
China’s consumer, producer inflation slows in August
China’s consumer prices rose at a slower-than-expected pace in August amid heatwaves and COVID-19 flare-ups, while producer inflation eased to the lowest since February 2021, official data showed.