The banks ran a pilot test where 164 payment and foreign exchange transactions were completed, totalling over $22 million over the six weeks …
Monthly Archives For October 2022
Loopholes Continues to Undermine American Manufacturers and Give China an Advantage | Opinion
As businesses and consumers face harsh economic challenges, a loophole in U.S. trade law continues to plague and undermine U.S. manufacturers while giving China a back door into the U.S. market. This …
Investors ‘freak out’ over China with deals only for solid issuers
Concerns around the property and technology sectors come to a head as ECM bankers warn demand won’t be there for all IPOs …
China becomes engine for foreign enterprises’ global business
China has become the driving force and engine for the global business development of many foreign enterprises, said Sun Xiao, spokesman for the Beijing-based China Council for Promotion of …
China’s Q3 2022 Economic and Trade Roundup: Recovery Better Than Expected
They also comprised regulations designed to remove administrative obstacles and facilitate business people’s cross-border movement. Moreover, following the conclusion of the 20th National Congress of …
When Beijing became a bubble within a bubble for the 20th National Congress of China’s Communist Party
Journalists covering the event had to live in a “closed loop” cut off from the rest of the city, country and the world …
1st LD-Writethru: China’s non-financial ODI up 8.5 pct in Jan.-Sept.
China’s non-financial outbound direct investment (ODI) reached 567.19 billion yuan in the first nine months of the year, up 8.5 percent year on year, official data showed Thursday. In U.S. dollar …
China Accused of Using Overseas Bases to Target Dissidents
China has reportedly established dozens of “overseas police stations” in nations around the world as part of Beijing’s crackdown on corruption.
U.S. and China Should ‘Get Along,’ Xi Jinping Says
“Closer communication and cooperation between us will help bring greater stability and certainty to the world,” the Chinese leader wrote in a letter.
Hong Kong May Overturn Crypto Rules, Open Trading to Retail Investors: Report
A new crypto program in Hong Kong could see retail investors welcomed back to the world of trading, but raises questions about China’s influence.
Apple defies China’s smartphone slump to post strong third quarter sales as local brands suffer
China’s smartphone shipments fell 11 per cent in the third quarter, dragging down global shipments, which declined 9 per cent year on year for the same period Popular Chinese brands Oppo and Vivo saw …
How China Forgot Its Decade of Experimentation
What the stories of these purged officials indicate is a fate-altering decade rife with contradiction and galvanizing force, but the memory of China’s 1980s today is largely that of a single, …
Memory chip maker SK Hynix expresses concern about its China business amid US restrictions and slumping profits
Comments from a senior executive of SK Hynix during a subsequent earnings call demonstrated concern for the firm’s business in China.
