Chinese police conducted a news conference on September 23, 2022, to discuss the “100-day operation” of the summer public security crackdown.
Monthly Archives For September 2022
Ramjet technology can counter China’s long-range missiles, beat Himalayan terrain limitation
The Russia-Ukraine War has seen not just big guns but also rockets and missiles with longer ranges. The war has also taught us that flexible weapons systems like the USA’s high mobility artillery …
Emotion-sensing wristbands introduced for Beijing bus drivers. Experts are worried
The electronic bands were handed over to 1,800 drivers, especially those operating on long routes and highways.
China Lets Its Currency Weaken Past a Psychological Barrier
The renminbi, which is tightly controlled by China’s central bank, has consistently traded at the weaker end of its range in recent weeks.
For China’s Auto Market, Electric Isn’t the Future. It’s the Present.
More electric cars will be sold in the country this year than in the rest of the world combined, as its domestic market accelerates ahead of the global competition.
China, North Korea Restore Rail Link on Kim’s Key Trade Route
China is reopening its main train route with North Korea after a five-month hiatus due to Covid, bringing a potential boost to Kim Jong Un’s sanctions-battered economy.Most Read from BloombergJohn …
Exports face challenges, and new opportunities
The former is a “demand effect”, that is, every country’s exports will benefit from the expansion of global demand. The latter is a “share effect”, that is, some products will gain more market share …
China soymeal prices hit record levels on tight bean supply
Soymeal prices in China, the world’s top consumer of the animal feed ingredient, are at record highs as rising demand from farmers follows months of lacklustre soybean imports. BEIJING, Sept 26 …
China acts to rein in yuan slump, poised to raise FX risk reserve ratio
China’s central bank on Monday announced fresh steps to slow the pace of the yuan’s recent depreciation by making it more expensive to bet against the currency, as global policymakers grappled with …
China Steps Up Yuan Support as Currency Nears Weakest Since 2008
China made it more expensive to bet against the yuan in the derivatives market, ramping up support for the currency as it slides toward the weakest level since the 2008 financial crisis.Most Read from …
China is unlikely to see ‘significant easing’ of Covid measures till next spring, says Goldman Sachs
Andrew Tilton of the investment bank says how things play out in Hong Kong will play a part in China’s decision on when it would ease Covid regulations.
China PBOC Raises Forex Risk Reserve Ratio for Forward Trading
China’s central bank said it would increase the risk reserve requirement ratio for financial institutions when conducting foreign-exchange forward trading, as the yuan faces increasing depreciation …
SMM Analysis of China Rare Earth Import and Export in August
According to China rare earth metal ore imports stood at 3,295.5 mt in August, down 41.92% YoY and 53.43% MoM; the imports totalled 51,600 mt in the first eight months of 2022, up 2.35% YoY.…
