BEIJING, Nov 18 (Reuters) – China still needs to improve its capability in macro-financial management to guard against systemic risks as the financial industry continues to open up to the world, an …
Monthly Archives For November 2022
China is rapidly rolling out its new digital currency
In fact PBoC officials have emphasised that the current focus of e-CNY use is within China. This has not stopped the speculation about it spreading abroad. Cryptocurrency and decentralised-finance …
Expert says Chinese manufacturers must focus on demand
[Photo/Xinhua] Chinese manufacturers need to focus more on the demand side when designing products and be more innovative, an industry expert said at a recent forum. “If China wants to establish its …
Beijing residents express confidence in authorities amid surge in Covid cases
Residents in China’s capital city said they were calm and unaffected by new restrictions amid the latest surge in Covid-19 cases.Nov. 17, 2022 © 2022 NBC UNIVERSAL …
China’s property prices to rise in 2023, sales to fall more slowly: Reuters poll
BEIJING (Reuters) – China’s property sector will remain weak but will see a gradual recovery in 2023, economists said in a Reuters poll, expecting further stimulus measures and looser COVID-19 curbs …
Next Congress must confront China, strengthen US global leadership without harming American businesses
China aims to supplant U.S. global leadership. If Beijing prevails, it will usher in a more authoritarian world where human rights, free markets and the rule of law are not respected. History will …
China Says UK Abused State Power to Overturn Chip Factory Deal
(Bloomberg) — China said the UK overstepped its authority and violated Nexperia Holding BV’s rights when the government decided to reverse the company’s takeover of a Welsh semiconductor factory.
Manufacturers shifted to Thailand and Southeast Asia due to U.S.-China uncertainty, says Amata CEO
Vikrom Kromadit of Amata discusses the outlook for foreign direct investment in the region and says concerns about U.S.-China relations have pushed more manufacturers to look to Southeast Asia. Got a …
Moody’s closing its consulting business in China, cutting staff -sources
HONG KONG, Nov 18 (Reuters) – Moody’s Corp (MCO.N) is shutting its China consulting business and is laying off people associated with the unit in multiple locations across the country, two people with …
Griffin Mining Says China Mine Operations Hit by Covid-19 Shutdowns
Griffin Mining Ltd. said Friday that the Caijiaying mine in China has experienced two government-mandated three-day precautionary shutdowns relating to Covid-19. The London-listed mining company, …
Macron says China’s ability to pressure Russia is ‘extremely useful’
China’s ability to pressure Russia is proving “extremely useful”, as the international community ramps up efforts to stop the war in Ukraine, according to French president Emmanuel Macron. Macron met …
China’s Property Plan Looks More Like a Bandage Than Bailout
Xi Jinping has sprung some pleasant surprises on markets since securing his third term as China’s leader last month. Not least a 16-point (count ‘em) plan to bolster an imploding property sector.
China seen leaving lending benchmarks unchanged, wary of yuan weakness
Authorities are seeking to support economic growth without triggering financial instability. Lowering interest rates to prop up the slowing economy could further widen China’s monetary policy against …
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