It comes after China’s cabinet was quoted as saying in August it would take more steps to support the world’s second-largest economy, including increasing funding support for infrastructure projects.
Monthly Archives For September 2022
US bank CEOs say they would stop working with China in event of Taiwan attack
The executives said they would do as the US government instructed in event of a Taiwan invasion by mainland forces Some of the top US banks said on Wednesday that they would stop working with…
EXCLUSIVE: Cai Xukun Is Tag Heuer’s Latest Ambassador for China
The Chinese musical artist’s first campaign, featuring the Monaco watch, breaks on Thursday on Chinese and international social platforms.
China property IPO bets on big name to calm fears
Big names generate deal interest, but that comes with risks, too. China Vanke , the biggest private developer by market value in the People’s Republic, is braving both rocky stock markets and the …
YanGuFang International Group Co., Ltd. Plans $30 Million IPO for Week of September 26th (YGF)
YanGuFang International Group Co., Ltd. (YGF) expects to raise $30 million in an initial public offering on the week of September 26th, IPO Scoop reports. The company will be issuing 5,000,000 shares …
U.S. lawmakers pile pressure on big banks over China ties, Taiwan
Top U.S. bankers came under pressure from lawmakers on Wednesday to take a tougher stance on doing business with China amid growing tensions between Washington and Beijing over Taiwan’s sovereignty …
Internationally renowned China Mobile Hong Kong 5G network is awarded by Opensignal
G network has always been a market leader. After winning the “Fastest 5G Network in Hong Kong – 2021” award[1] from Ookla®, the parent company of Speedtest®, the company announced today that it has …
Beijing’s Plans to Decouple from the Dollar
This new and comprehensive report explores China’s plans to reconfigure the global financial order, analyzing whether it can decouple from the dollar and create a parallel system based on the yuan.
China Bauxite Imports above 10 million mt again in Aug, Some Indonesian Mines Obtained Extra Export Quotas?
According to China imported 10.75 million mt of bauxite in August, up 1.48% month-on-month and 23.53% year-on-year. The import volume was still above 10 million mt with a slight increase from the last …
The U.S. and its allies are joining forces on chips. That could stop China reaching the next level
Leading chipmaking nations including the U.S. and South Korea have looked to forge partnerships around semiconductors. But China is not involved in any of them.
Shenzhen aims to be fintech hub
Shenzhen, Guangdong province, aims to build an international center of financial technology by 2025 through an all-around digital upgrading of financial institutions and propping up real economies …
China’s Top Online Travel Service Provider Swings To $6M Profit In Q2, But COVID-19 Curbs Sour Recovery
China’s leading online travel service provider Trip.com Group Ltd (NASDAQ: TCOM) reported a second-quarter profit of RMB 43 million ($6 million) compared to a net loss of RMB 659 million ($93.5 …
Beijing’s Zero-COVID Policy Draws New Anger After Fatal Bus Crash
After at least 27 people died on the way to quarantine, online comments have proliferated despite efforts of censors to contain criticism, snark …
