Archeologists in China have found the remains of what may be the world’s oldest known flush toilet. Broken parts of the 2,400-year-old lavatory, as well as a bent flush pipe, were unearthed last …
Monthly Archives For February 2023
Manufacturing in China ‘no longer viable’: Kyocera head
Hideo Tanimoto, president of Kyocera, said tensions between Washington and Beijing will make it difficult to export goods made in China.
Exclusive: Warburg Pincus raising $439 mln in maiden yuan fund for China deals -sources
Warburg Pincus is raising 3 billion yuan ($439 million) in its maiden yuan-denominated fund, two people with knowledge of the matter said, joining a growing list of private equity investors eyeing …
Mining giant BHP says China and India growth will buoy demand despite profit drop
Australian mining giant BHP is optimistic China and India’s growth will boost commodity demand, even as the company reported a steep drop in half-year profits.
China Launches Private Equity Pilot to Boost Property Sector
China launched a pilot program for real estate private equity investment funds, its latest effort to revive the struggling property market. Most Read from BloombergUS-China Meeting Only Worsens …
Profits jump at HSBC as it moves to fend off break up calls from China
HSBCprofits doubled in the last quarter thanks to rising interest rates around the world, allowing it to boost its dividend to the highest for four years. HSBC made profit of $5.2 billion (£4.3bn) in …
BHP Group posts bigger-than-expected drop in first-half profit, flags brightening outlook in China
The global miner said China’s strict zero-COVID-19 policy curtailed economic … continued labour market tightness are expected to impact our cost base into the 2024 financial year,” BHP said in its …
China’s Tianjin revs up foreign trade to fuel growth
At the plant of Tianjin Kaili Carpet Co., Ltd. in north China’s Tianjin Municipality, production lines are running at full throttle as overseas orders pour in. The company’s main product is foldable …
China foreign minister warns against ‘fuelling the fire’ over Ukraine conflict
Qin Gang says he is ‘deeply concerned’ about the war spiralling out of control and appears to hit back at the US for ‘shifting blame to China’ China’s new foreign minister has accused the US…
China is carrying out ‘blatant’ influence operations in Australia, Malcolm Turnbull says
Former prime minister likens covert operations to famous scene in Casablanca and warns influence register should be more than ‘box ticking’
Crypto in Hong Kong Getting Soft Backing From Beijing: Bloomberg
Read more: Hong Kong Proposes Rules for Crypto Trading Platforms According to Bloomberg, officials from China’s Liaison Office have been frequent guests at crypto gatherings in Hong Kong. The tone of …
Beijing plans to hand out $6 a month to low-income families to help offset the cost of food. The amount will just about buy 2 Big Macs.
Beijing, China’s capital, plans to help its residents struggling with rising prices — by giving a 40 Chinese yuan, or nearly $6 monthly subsidy per person to low-income residents, the Xinhua state …
China says it’s seeking role in Ukraine peace settlement
The foreign minister of China, which has provided strong political backing for Russia in its invasion of Ukraine, said Tuesday his country wants to play a role in ending the conflict. Qin Gang told participants…
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