Zhu Hexin, one of China’s most senior commercial bankers, is among the frontrunners to take over as the governor of the country’s central bank as Beijing prepares to overhaul the leadership of its …
Monthly Archives For February 2023
China’s imports of fruit, vegetables from Vietnam set to reach $2.5-3b in 2023
Pingxiang is the largest and most convenient land route from China to Vietnam and Southeast Asia, as well as the largest port for fruit import and export trade between China and the Association of …
In shift away from US dollar, Iraq to allow trade with China in yuan
The Iraqi Central Bank said on Wednesday that it will conduct trade with China in its currency, the yuan. “Financing of foreign trade with China will be organized directly using the Chinese yuan,” the …
China Workers Have Their Version Of Quiet Quitting And Acting Your Wage: ‘Huminerals’ Are Extracted, Exploited And Disposed Of
The China Digital Times reported that a new term “humineral … This is a response to the hustle-porn mentality in the Chinese business world. Before he was shunned by Chinese leadership, …
Russia-Ukraine war live: Zelenskiy calls for meeting with China as US warns Beijing against helping Putin
US Treasury secretary warns Beijing that assisting Moscow would be a ‘serious concern’ …
US sending up to 200 more troops to Taiwan as China tensions grow
The U.S. is gearing up to send as many as 200 soldiers to Taiwan to help with military training efforts as China remains engaged in a territorial dispute.
China finance veteran Zhu set to head central bank- sources
A career banker and head of a state-run financial conglomerate, Zhu Hexin, is likely to become governor of China’s central bank after next month’s annual session of parliament, according to people familiar with the matter.
Explainer: What have Russia and China said about peace in Ukraine?
Russia’s Foreign Minister Sergei Lavrov and China’s Director of the Office of the Central Foreign Affairs Commission Wang Yi enter a hall during a meeting in Moscow, Russia February 22, 2023. Alexander Nemenov/Pool via REUTERS…
Russia-Ukraine war live: US warns China of ‘consequences’ if it helps Russia; Putin unveils plan to deploy new nuclear missile
Yellen also told journalists that talks between the US and China on economic issues would resume at “an appropriate time”, while warning Beijing that providing any material support to Moscow’s war effort would be “a…
Chinese finance veteran Zhu set to head central bank- sources
A career banker and head of a state-run financial conglomerate, Zhu Hexin, is likely to become governor of China’s central bank after next month’s annual session of parliament, according to people …
China’s Geely to launch seven electrified models under new brand Galaxy
China’s Geely Auto said on Thursday it aimed to launch seven electrified models under a new premium brand in the next two years. Of the seven models planned for the Geely Galaxy brand featuring its…
Navigating The New Norm For Luxury Brands
However, even before China’s relaxed Covid restrictions, luxury hadn’t fared too badly, with the top luxury brands proving to be immune to the global economic malaise. The top brands—Hermes, Chanel, …
Chinese telecom giants provide support to coal mine rescue effort
China’s three telecom giants have launched their emergency response mechanism to provide communication support for the rescue efforts at a collapsed coal mine in north China’s Inner Mongolia …
