In a guideline issued Monday by the Shenzhen Municipal Bureau of Local Financial Regulation and Supervision, the city said it hopes to attract and cultivate at least 100 strong wealth management …
Monthly Archives For January 2023
China’s authorities are quietly rounding up people who protested against COVID rules
On Christmas Eve, the woman, an editor at a Beijing publishing press, was arrested at her family home in Changsha, the capital of Hunan province, and taken into police custody in Beijing, according to …
WHO working with China to manage COVID risks during Lunar New Year festivities
The World Health Organization said it is working with China to manage the risks of COVID-19 surging again as people travel for Lunar New Year celebrations but the country’s response continues to be …
Chinese imports could undermine Ethiopian manufacturing—leaving women workers worse off
China is now the African continent’s largest trading partner, accounting for US$254 billion in 2021. It’s also the main country of origin for African manufacturing imports, providing 16% of Africa’s …
WHO ‘working with China’ on COVID-19 risks
The World Health Organisation says it is working with China to manage the risks of COVID-19 surging again as people travel for Lunar New Year celebrations but the country’s response continues to be …
China’s Covid nightmare: Can Beijing bounce back?
As borders open, we ask how much of a turning point this is for the Chinese economy.
Philippines to export $260M worth of durian to China
The Philippines will export to China $260 million or P14.3 billion worth of fresh durian, also known as the “king of fruits.” In a statement, the Department of Agriculture (DA) said …
Satellite images show crowding at China’s crematoriums amid COVID-19 surge
Newly released satellite images show crowding at crematoriums and funeral homes across China as the country deals with a spike in COVID-19 cases. The Washington Post examined the images and spoke to …
New U.S. House Targets China: 2nd Bill Prohibits Oil Sales, As Beijing Becomes A Target
A new House select committee established Tuesday will aim to propose bipartisan legislation that can also pass the Democrat-controlled Senate.
China Would Lose War With U.S., Simulations Predict
A Chinese invasion of Taiwan would likely fail but result in a costly victory for the United States and allies including Japan, a Washington think tank concluded this week after reviewing the outcomes …
China imposes transit curbs for S.Korea, Japan; WHO voices concern over data
By Yew Lun Tian, Brenda Goh and Jennifer Rigby BEIJING/GENEVA (Reuters) -The World Health Organisation said a lack of data was making it challenging to help China manage the risks of a COVID-19 surge …
China Includes Digital Yuan in Cash Circulation Data for First Time
CNY, represented 0.13% of cash and reserves held by the central bank. The People’s Bank of China included the country’s digital currency in calculations of the amount of currency in circulation in …
Debt write-off shows China means business in Africa
China is trying to secure its influence on the African continent with tens of billions in loans, infrastructure, and weapons exports.