Chinese carriers have deployed over 2.1 million 5G base stations across the country according to data from the government …
Monthly Archives For September 2022
Thai August exports close to forecast, exports to China slump
Thailand’s exports rose slightly less than expected in August as global demand for food products increased, but oil-related shipments fell and exports to China slumped, the commerce ministry said on …
Foster + Partners’ DJI Sky City is a world first, reshaping Shenzhen’s skyline
The world’s leader in civilian drones and creative camera technology, DJI (Da-Jiang Innovations, or 大疆创新, “Innovation Without Borders” in Mandarin), has opened its new company headquarters, “DJI Sky …
China-focused Welkin pushes IPO closing date amid Asia interest
China-focused Welkin China Private Equity said on Monday the company’s board had agreed to extend the closing date of its proposed initial public offering to October, following “significant interest” …
China Lets Its Currency Weaken Past a Key Barrier and Tries to Manage the Fall
The renminbi, which is tightly controlled by China’s central bank, has consistently traded at the weaker end of its range in recent weeks.
China achieves initial success in new infrastructure construction
A staff member checks equipment at a data center of China Mobile in southwest China’s Guizhou Province, May 24, 2022. (Xinhua/Ou Dongqu) BEIJING, Sept. 26 (Xinhua) — China has achieved initial …
China yuan: what can the central bank do to prevent the currency weakening against the US dollar?
China may cut banks’ forex reserve requirements again and could even restore the so-called counter cyclical factor to prevent a rapid depreciation in the currency, experts say.
US-China relations: economic globalisation has forever changed, warns ex-finance minister Lou Jiwei
Government adviser accuses US of trade protectionism as it tries to reshore manufacturing and boost hi-tech competitiveness with China.
China to extend tax exemption for NEVs over 2023
China will continue to exempt New Energy Vehicles (BEVs, FCEVs and PHEVs) from purchase tax in 2023. There had already been reports to this effect at the beginning of August, but now the official …
China’s Economy ‘Dismal,’ Will See No Growth, New Report
The economy, already under pressure so far this year, looks set to get even worse, according to a recent report from London-based consulting firm Capital Economics. Capital kicks off with the …
Chinese Authorities Arrest 93 for Crypto-Related Money Laundering
Authorities in China’s Hunan province arrested 93 people for allegedly laundering up to RMB 40 billion ($5.6 billion) using cryptocurrencies, as the country continues to crack down on crime that …
China Arrests Crime Group Responsible for Laundering $5.6B in Crypto Funds
Chinese police arrested a major criminal organization suspected of laundering $5.6 billion worth of crypto funds, according to a report by Weixin.
China cracks US$5.6B cryptocurrency money laundering case
Chinese police have busted a large criminal group allegedly behind a 40 billion yuan (US$5.6 billion) crypto money laundering case, as the country steps up efforts to combat illicit fund flows. See …
