Transactions using China’s digital yuan surpassed 100 billion yuan ($13.9 billion) as of Aug. 31, China’s central bank said on Wednesday, as the country continues its roll-out of a central bank …
Monthly Archives For October 2022
China’s zero-COVID policy seen lingering as cases double from Sept
SHANGHAI, Oct 13 (Reuters) – China’s daily count of new coronavirus cases has doubled since September, hardening the resolve of authorities to eliminate outbreaks as quickly as they appear and dimming …
China Property Debt Woes Deepen as Developer Faces $9.14 Million Payment Test
A Chinese developer that until recently was able to access state-backed funding faces rising concerns as a bond payment comes due, underscoring authorities’ challenge to staunch a property debt crisis …
China’s Sept Exports Likely Cooled Further on Weakening Global Demand: Reuters Poll
China’s export growth is expected to have slowed further in September as overseas demand weakens, adding to strains on the shaky economy amid COVID curbs and a property crisis, a Reuters poll showed …
China’s Xi gets chance to tighten hold on economy at meeting
President Xi Jinping, China’s most influential figure in decades, gets a chance to install more allies who share his vision of an even more dominant role in the economy for the ruling Communist Party …
Chip Industry Braces for ‘Heavy Blow’ From China Export Curbs
The Biden administration’s new restrictions on doing business with China are sending shock waves through the global semiconductor industry, with chip-equipment makers girding for perhaps the most …
Meeting Gives China’s Xi a Chance to Tighten Hold on Economy
A meeting of the ruling Communist Party to install leaders gives President Xi Jinping, China’s most influential figure in decades, a chance to stack the ranks with allies who share his vision of …
Factbox: China’s 20th Communist Party Congress: who could be in Xi’s new team?
China’s Xi Jinping is widely expected to clinch a third five-year leadership at the upcoming congress of the ruling Communist Party, a mandate that would secure his stature as the country’s most …
Applied Materials Cuts Its Outlook, Blaming U.S. Chip Restrictions on China
The maker of chip-manufacturing equipment said revenue would be lower than it had predicted despite favorable developments in the supply chain.
China’s talent war tussle as red tape, US tensions shrink labour pool amid ‘people decoupling’
US-China tensions, coupled with Beijing’s strict immigration policy and stringent coronavirus-control measures, have slowed the flow of foreign talent The likes of Taiwan and Singapore have stepped up …
Beijing’s failure to import mRNA Covid jabs ‘mind-boggling’, says BeiGene
Experts said that China’s low elderly vaccination rate and reliance on domestic jabs have prompted Beijing to stick to its controversial zero-Covid policy. “It’s mind-boggling. I don’t fully …
China-Taiwan: Can a tech billionaire create a civilian fighting force?
In September this year a retired tech billionaire in Taipei, white-haired and bespectacled, called the island’s media to a press conference to tell them he was pledging one billion Taiwan dollars …
China had a system. Then along came Xi
At the Communist Party congress starting on Sunday, Chinese President Xi Jinping is poised to take an unprecedented third term in office. “As Xi ages, his circle of friends and advisors will …
