Many places in China have already launched a new round of policies to stabilize growth and boost consumption in key sectors, such as automobiles, home appliances, and housing. With such policies, the …
Monthly Archives For September 2022
UBS seeks editor to protect Beijing’s ‘sensitivities’
UBS is seeking to hire a reviewer to check its Chinese-published research in order to “navigate the sensitivities of . . . Chinese-speaking clients”.The job d …
Buddhist temple in Beijing reopens after five-year renovation
A Buddhist temple built and expanded during the Ming and Qing dynasties (1368-1911) in western Beijing has reopened after a five-year renovation. Wanshou Temple (the Temple of Longevity), available …
China’s August clean marine fuel exports fall 21% on prior month – customs
China’s exports of very-low-sulphur marine fuel fell 21.34% in August from July, amid subdued international activity in the country’s ports, official data showed on Tuesday.
China’s August coal imports from Russia, Indonesia soar as heatwave spurs power use
China’s coal imports from Russia rose in August, exceeding last month’s level and hitting the highest in at least five years.
China’s Aug coal imports from Russia highest in at least 5 years
China’s coal imports from Russia rose in August, exceeding last month’s level and hitting the highest in at least five years, as power utilities sought overseas supplies to meet soaring demand in …
COVID quarantine bus in China overturns, kills 27
A bus transporting people to a COVID-19 quarantine center in China overturned, killing at least 27 people, Chinese state media reported.
China’s fatal quarantine bus crash sparks online outcry over Covid-19 controls
Social media topics related to the accident viewed more than 400 million times, one day after 27 died and 20 were injured 3 district officials suspended amid investigation into the cause of the …
China leaves lending benchmarks unchanged amid global rates squeeze
China kept its benchmark lending rates unchanged at a monthly fixing on Tuesday, as expected, as authorities appeared to hold off immediate monetary easing following rapid declines in the local …
Crypto gets top billing at SkyBridge SALT event amid market “winter”
We’re in a crypto “winter,” but you wouldn’t know it by attending the annual SALT conference in New York City this week, sponsored by hedge fund SkyBridge. Driving the news: A week ago, the Anthony…
China’s Pinduoduo to Invest USD1.4 Billion to Help Chinese Manufacturers Go Global
Leading Chinese group-buying platform Pinduoduo plans to invest CNY10 billion (USD1.4 billion) to support Chinese manufacturers in their efforts to expand overseas. Pinduoduo will provide companies …
Porsche IPO carries China risk for investors
When Porsche this week launched the largest IPO in Europe in a decade, the luxury carmaker presented a challenge to risk-averse investors by spruiking the strength of its Chinese business.
China EV maker Leapmotor launches up to $1bn Hong Kong IPO
Chinese electric vehicle maker Zhejiang Leapmotor Technology is aiming to raise $1.03 billion in a Hong Kong initial public offering, according to regulatory filings, that would be the largest in the …
