After tens of billions of dollars in loans have gone sour and many infrastructure development projects have stalled, Beijing is revamping its troubled initiative.
Monthly Archives For September 2022
US pushes UN rights council to debate China’s ‘serious human rights violations’
The U.S. and other allies are pushing for the U.N. to debate China’s human rights abuses in Xinjiang. China is carrying out a genocide against Uyghur Muslims in the region.
China labeling regulations still causing problems for seafood sector
Chinese Customs Decrees 248 and 249, implemented at the beginning of this year, requires food imported into China to have Chinese-language labeling and identifiers inside and outside of packages.
China’s XPeng revealed the world’s fastest charging electric vehicle: 160 mph in 5 mins
Chinese automaker XPeng seems to be winning the battle against range anxiety with its G9 model that makes 160 miles after being charged for five minutes.
Hong Kong IPOs suffer from business downturn, China tension
September, the total IPO deal value in Hong Kong stood at only US$7.77 billion, the lowest since 2013. That volume is expected to be boosted by Thursday’s IPO from Leapmotor, which is likely to be…
China home sales and property investment plunge in year-over-year August data
Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quo …
China raises reserve requirement for forward forex trading
China will elevate the foreign exchange risk reserve ratio for forward-forex sales to maintain the supply-demand balance in the country’s forex market and stabilize the yuan exchange rate. The ratio …
China extends purchase-tax waiver for NEVs to end-2023 to support sector’s growth
China will extend the exemption of purchase taxes on new-energy vehicles (NEVs) for another year until the end of 2023 to support the development of the sector and boost consumption, the Ministry of …
Chinese Authorities Arrest 93 Over 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 using …
Coronavirus: freight trains roll again between China and North Korea after 5 months on hold
Cross-border transport between the countries was suspended on April 29 when Dandong reported new wave of Covid-19 cases The two countries resumed freight operations between ports after ‘friendly …
China Coup: Beijing hiding something BIG? Xi Jinping is in DEEP TROUBLE? What rumours suggest
This time around, massive rumours of political turmoil in the Communist nation are making rounds on social media. The rumours have been started – and are being corroborated by the Chinese nationals …
Best Universities for Blockchain 2022: Zhejiang University
The No. 24-ranked school offered the first blockchain course in China. This story is part of CoinDesk’s Education Week.
China’s Mistakes Can Be America’s Gain
The Chinese leader appears determined to capitalize on his country’s recently acquired wealth to challenge America’s economic primacy, technological advantage, and military dominance, and even its …
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