China’s central bank is widely expected to pause its monetary easing efforts and keep the medium-term policy rate steady this month, a Reuters survey showed, as widening policy divergence with the …
Monthly Archives For September 2022
China Gets a Coal Lifeline Before Winter With Mongolia Rail Spur
China’s efforts to make sure it’s well-stocked with its mainstay fuel for what promises to be a grueling winter for energy markets received a boost with the completion of a new rail line in Mongolia…
China biotech has bitter U.S. pill to swallow
China biotech’s American honeymoon is ending. Cross-border tie-ups in the sector have boomed despite intensifying geopolitical tensions read more , but U.S. President Joe Biden wants to cut dependence …
Nepal is the new battleground for China and US. Beijing goes into overdrive after MCC deal
China’s third-ranked leader Li Zhanshu arrived in Kathmandu on 12 September to strengthen ties with Nepal and to keep the US at bay.
Club Med’s owner Fosun denies reports about being under bank’s scrutiny for debt
Reports about China’s regulators asking banks to examine their exposure to Fosun are ‘completely false’, its chief financial officer said Fosun’s shares fell 4.1 per cent on Tuesday, close to the …
Bank of East Asia Executive in China Detained on Bribery Charge
A senior executive of Bank of East Asia Ltd.’s China unit has been detained on suspicion of accepting bribes, according to a report by Cailian.
Fosun denies reports China regulators asked banks to report exposure to it
Fosun International said on Wednesday that media reports saying Chinese regulators have told the country’s biggest banks to start a …
China Sets Yuan Fix at Strongest Bias on Record to Lift Currency
China extended its currency defense by setting its reference rate for the yuan with the strongest bias on record.Most Read from BloombergUS Inflation Tops Forecasts, Cementing Odds of Big Fed HikeUgly …
China keeps West guessing about economic pressure on Russia
Chinese leader Xi Jinping is keeping the West guessing about whether Beijing will cooperate with tougher sanctions on Russia as he meets President Vladimir Putin a year after declaring they had a “no …
Analysts: LNG tankers key to smooth imports, energy security
They commented after Japan’s Mitsui O.S.K. Lines Ltd signed a long-term charter contract for three new LNG carriers with ENN LNG (Singapore) Pte Ltd, a wholly owned subsidiary of ENN Natural Gas Co …
Is China planning to invade Taiwan? US mulls sanctions package to deter Beijing amid escalating tensions
Taiwanese officials have also intensified calls for EU sanctions in recent weeks as China carries out a slew of military exercises around the island.
China reaps energy windfall as West shuns Russian supplies
China is buying more and less expensive energy supplies from Russia this year, reaping the benefits of a plunge in European purchases just when Beijing needs it most as the Ukraine crisis pushes …
China rolls out property policies to boost demand to fix real estate crisis
A flurry of Chinese cities are rolling out measures to boost housing demand, signaling the government’s intention to arrest a property crisis.