Chinese utilities and traders have stepped up purchases of Australian coal in February, encouraged by signs of further policy relaxation after trade partially resumed last month following a two-year …
Monthly Archives For February 2023
Crypto prices surge on China’s rate rise halt
China-based blockchain companies have surged after a decision by the nation’s central bank to halt rate rises and the perception that attitudes are softening towards crypto in both Hong Kong and …
How did China come to dominate the world of electric cars?
From generous government subsidies to support for lithium batteries, here are the keys to understanding how China managed to build a world-leading industry of electric vehicles.
What will China do with it’s COVID-19 data?
The speed at which Covid swept through China’s vast population since early December took the world by surprise. Now, the sudden decline in deaths in the country is also raising eyebrows. Watch the …
U.S. delegation visits Taiwan as tensions further fray with China
A bipartisan U.S. delegation met with President Tsai Ing-wen in Taiwan on Tuesday in an effort to boost cooperation between Washington and Taipei amid deepening tensions with China.
China’s Tourists Can Travel Again. Here’s Why the World Is Still Waiting for the Rebound
The end of China’s pandemic travel restrictions is a huge relief to the global hospitality industry. But rebuilding the sector to pre-pandemic levels won’t be easy.
China’s State-Owned Firms Are Sitting Out the Property Rescue
Beijing has encouraged state-owned property companies to step in and take over their ailing private peers’ projects and assets, but the call has gone largely unheeded.
German exports to China decline in January despite lifting of lockdown
German exporters’ hopes of a revival in trade with China after Beijing abruptly dismantled its strict “zero-COVID” policy in December failed to materialise at the start of the year, federal statistics …
Beijing signs MoU to import some drugs from Merck
China’s capital Beijing signed a strategic memorandum of understanding (MoU) on Feb. 16 to import some drugs from Merck starting this year, the company said on Tuesday.
Russia, China block U.N. response to North Korean missile launches
A U.S.-led call for the U.N. Security Council to take action over North Korea’s recent spate of missile launches, which included an ICBM test over the weekend, was impeded by Russia and China.
Nio to build factory in China for budget EVs – sources
SHANGHAI (Reuters) -Chinese electric-vehicle maker Nio Inc plans to build a factory to produce budget EVs under a new brand for export to Europe from as early as next year, three people with knowledge of…
Beijing quietly backing HK crypto plans
In October, Hong Kong rolled out the red carpet for cryptocurrency businesses to help revitalise the embattled financial hub. Signs are now emerging that the push has under-the-radar backing from …
China’s Shenzhen city to stamp data ownership on blockchain
Shenzhen is adopting blockchain technology to safeguard data ownership, as China seeks to build a regulated data economy.
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