China urged the world to stop drawing parallels between Ukraine and Taiwan, part of Beijing’s efforts to distance itself from Russia and portray itself as a neutral force for peace. Most Read from BloombergUS-China Meeting…
Monthly Archives For February 2023
China’s top diplomat traveling to Moscow as US-China tensions broil
China’s top diplomat is set to meet with high-level Russian officials and possibly Russian President Vladimir Putin this week, just days after the Biden administration said it worries China may be preparing to send weapons…
Beijing keeps lending rates unchanged
SHANGHAI: China is keeping its benchmark lending rates unchanged for a sixth straight month in February, as expected, with the world’s second-largest economy showing more signs of recovery from a …
BHP Says China Import Policy Still Source of Uncertainty for Coal Market — Commodity Comment
BHP Group Ltd., the world’s biggest miner by market value, on Tuesday reported a drop in its half-year net profit, mostly because of a fall in iron-ore …
New study finds disparities in US pediatric medical, childcare disruption due to COVID-19
A new research published on Monday found the highest rates of disruptions in childcare arrangements and missed or delayed preventive checkups among low socioeconomic status, Black and multiracial, and …
China no longer viable as world’s factory, says Kyocera
We’ll send you a myFT Daily Digest email rounding up the latest Kyocera Corp news every morning. US curbs on China’s access to advanced technology are killing its viability as a manufacturing base for exports,
China’s ‘peace plan’ may include ban on weapon supplies to Ukraine, Bloomberg reports
The roadmap towards peace between Ukraine and Russia, which China is expected to propose in coming days, may include calls for an end to arms supplies to Ukraine, Bloomberg reported on Feb. 20.
US urges UN to condemn North Korea; China, Russia blame US
The United States and its allies urged the U.N. Security Council on Monday to condemn North Korea’s unlawful ballistic missile launches, but China and Russia blamed the U.S. for escalating tensions with stepped-up military exercises…
BHP eyes demand green shoots in China as profit slumps
Global miner BHP Group reported a steeper-than-expected 32% fall in first-half profit owing to a drop in iron ore prices, sending its shares down, although it flagged a brightening outlook in China, its biggest customer.
Hong Kong’s Crypto Hub Ambitions Win Quiet Backing From Beijing
Hong Kong rolled out the red carpet for crypto businesses to help revitalize the embattled financial hub. Signs are now emerging the push has under-the-radar backing from Beijing, providing impetus …
Top Chinese tech banker’s unexplained disappearance challenges Beijing’s bid to win trust of investors
It is possible that Bao is helping with Beijing’s anti-corruption review into the state banking system. With the changing of the guard in the state financial apparatus, newly appointed cadres may want …
China’s economic recovery hinges on consumers. They’re not spending.
Beijing was betting on a wave of “revenge spending” as Chinese consumers emerged from three years of zero-covid restrictions. It hasn’t happened.
Does China’s purported green energy push signal a coming conflict with the US?
China is investing heavily in electrifying its transportation industry, which some officials have applauded, but critics say the country has other motives.
