– An American flag flies in the breeze as NASA’s new moon rocket sits on Launch Pad 39-B after being scrubbed at the Kennedy Space Center Sept. 3, 2022, in Cape Canaveral, Fla. It’s not…
Monthly Archives For September 2022
Iran-China ties could strengthen if sanctions lift, analyst says
Iran’s President Ebrahim Raisi is set to meet Chinese President Xi Jinping and Russian President Vladimir Putin in Uzbekistan on Thursday.
China property shares rally on hopes of more relaxation measures
Shares of Chinese property developers rallied on Thursday on hopes that cities in the mainland will roll out more relaxation measures to boost the embattled sector.
China’s Guangzhou city allows developers cut home prices by 20% -Yicai
Guangzhou city has allowed property developers to reduce sale prices of homes by as much as 20 per cent compared with 6 per cent previously, financial news outlet Yicai reported on Thursday, in what …
China Holds Key Rate, Withdraws Liquidity Amid Yuan Defense
China’s central bank drained liquidity from the banking system for a second straight month while leaving rates unchanged as it sought to ease pressure on the yuan from a widening policy divergence …
China’s Chengdu exits full citywide COVID lockdown on Thursday
The Chinese city of Chengdu will on Thursday lift a full COVID-19 lockdown in all districts still facing strict movement curbs as a recent outbreak comes under control, local authorities said.
Storm moves up east China coast after blowing over Shanghai
A tropical storm was advancing up China’s eastern coast Thursday after bringing typhoon-strength winds and heavy rains to Shanghai overnight. Typhoon Muifa had maximum winds of 125 kilometers (77 …
China to double down on stabilizing foreign trade, foreign investment
Aerial photo taken on Sept. 13, 2022 shows ships berthed at the container wharf of Qinzhou Port in Qinzhou, south China’s Guangxi Zhuang Autonomous Region. (Xinhua/Zhang Ailin) BEIJING, Sept. 15 …
China c.bank pauses monetary easing, partially rolls policy loan, keeps rate unchanged
China’s central bank partially rolled over maturing medium-term policy loans while maintaining the interest rate as expected on Thursday, as hawkish U.S. Federal Reserve tightening limited room to …
Millions in China brace for torrential rains and floods as Typhoon Muifa makes landfall
The typhoon landed after authorities in China’s eastern province of Zhejiang ordered ships to return to port, shuttered schools and evacuated tourists from nearby islands. The typhoon brought strong …
U.S. to move $3.5 billion in Afghan central bank assets to Swiss-based trust
An Afghan currency exchange worker stacks banknotes at a market in Kabul, Afghanistan October 7, 2021. REUTERS/Jorge Silva …
China’s Central Bank Keeps Key Policy Rate Unchanged
The People’s Bank of China kept the one-year interest rate of its medium-term lending facility unchanged Thursday, a move that could put benchmark lending rates this month on hold after a cut in …
China’s Payment Duopoly May Struggle to Survive
Alipay and WeChat Pay’s dominance of China’s retail payments was scripted over the past decade on the back of the humble quick recognition code. The same dotted squares could now start to undermine …
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