China has relatively ample room for monetary policy, the deputy governor of the country’s central bank said on Monday in remarks about follow-up policy measures to prop up the shaky recovery of the …
Monthly Archives For September 2022
China Construction Bank extends 1.58t yuan of loans in H1
BEIJING – China Construction Bank, one of the country’s largest State-owned commercial banks, saw its new loans reach 1.58 trillion yuan ($229 billion) in the first half (H1) of this year. The bank …
China to Cut Banks’ Forex Reserve Ratio
China’s central bank said it would cut the amount of foreign exchange banks must hold as reserves, a move aimed at slowing the depreciation of the yuan.
‘Thanks to exports, China is getting richer, but the Chinese are not’
COLUMN. China has experienced record trade surpluses, but there are strong tensions in the real estate market and youth unemployment is rising.
India overtakes the Philippines in race to catch China as top US festival goods supplier
India has broken into the United States’ top five suppliers of Christmas decorative items, gaining a clear lead over the Philippines as buyers diversify supply sources in the face of rising labour …
STOCK MARKET NEWS: Holiday closes US markets, oil up $2 per barrel, gas, diesel, crypto lower
Sources: OPEC+ likely to keep Oct. oil output quotas unchanged. FOX Business is providing real-time updates on the markets, commodities and all the most active businesses on the move.
China Won’t Catch Up With America Anytime Soon
Thanks to an export-led industrialization model and imported technology, mainly from the U.S. Economists and business strategists raved for the “Japanese miracle,” seeing it as a model for the …
China locks down 65 million as holiday travel peak looms
China has locked down 65 million of its citizens under tough COVID-19 restrictions and is discouraging domestic travel during upcoming national holidays. Most of the 21 million people in the …
Deadly 6.8 magnitude earthquake shakes southwest China
A strong earthquake killed multiple people, triggered landslides and shook residents in a major city under COVID-19 lockdown in southwestern China on Monday, state media reported.
China-focused Welkin plans $300 mln London IPO
The planned IPO comes despite a dearth of flotations this year owing to volatile market conditions since Russia’s invasion of Ukraine and against a backdrop of rising geopolitical tensions between th …
China vows more policy support for COVID-ravaged economy
China will step up policy support for the economy, the country’s major economic policymakers said on Monday, stressing that the third quarter is crucial for rolling out policy measures as evidence …
Can Veganism Become Big Business in China?
Groups of workers in business attire chat as they pick at dishes with their chopsticks, while young families enjoying the Beijing summer sample different delicacies. A signature dish of noodles from …
China NMPA grants approval for CanSinoBIO’s Covid-19 vaccine as booster
The China NMPA has approved CanSinoBIO’s recombinant Covid-19 vaccine (Adenovirus Type 5 Vector) for inhalation, Convidecia Air, as a booster.
