China’s retail investors have a case of deep pockets and heavy hands as they are skipping out on the sharp rally in stocks since COVID protocols were lifted, despite being flush with savings …
Monthly Archives For February 2023
China Bolsters Liquidity Support to Meet Loan Demand Surge
China’s central bank added more cash into the financial system to meet a rapid, post-Covid Zero rebound in loan demand, while keeping its key policy rate steady for now as the economic recovery takes …
China’s state-owned refiners resume Russian Urals crude imports
SINGAPORE, Feb 15 (Reuters) – China’s top refiners PetroChina and Sinopec are resuming purchases of discounted Russian crude after a brief pause in late 2022, just before the European Union embargo on …
Japan told China violation of airspace by balloons is unacceptable, spokesman says
Japan told China that violations of its airspace by uncrewed surveillance balloons were absolutely unacceptable, a spokesman for the government said on Wednesday.
U.S. Senator Rubio seeks review of Ford technology deal with China’s CATL
Senator Marco Rubio on Tuesday asked the Biden administration to review Ford Motor’s deal to use technology from Chinese battery company CATL as part of the automaker’s plan to spend $3.5 billion to …
China’s tech giants and Beijing – the city – rush to build AI chatbots
Beijing Municipal Bureau of Economy and Information Technology said on Monday it will support enterprises in building large AI models that compare to ChatGPT, as …
China central bank ramps up medium-term liquidity injection via policy loans, rate unchanged
With 300 billion yuan worth of MLF loans set to expire, the operation resulted in a net 199 billion yuan of fresh fund injection into the banking system.
UPDATE 1-China c.bank ramps up medium-term liquidity, keeps MLF rate steady
SHANGHAI, Feb 15 (Reuters) – China’s central bank ramped up medium-term liquidity injections as it rolled over maturing policy loans on Wednesday, while it kept the interest rate unchanged, matching …
China Bolsters Liquidity Support to Meet Surge in Loan Demand
China’s central bank added more cash into the financial system to meet a rapid rebound in loan demand after the nation eased Covid restrictions.
Chinese spying row: OnePlus, Xiaomi, and Oppo phones sold in China loaded with spyware
International users of devices from these manufacturers can breathe a sigh of relief as the study found devices sold internationally do not run the China-specific Android distributions that allow such …
China’s world-beating drop in COVID-19 deaths revives concerns over data
China is posting the steepest drop in COVID deaths among more than 20 places hit hardest by omicron, reviving questions about its virus data and the true impact of the reopening wave as Beijing works…
China’s tech weapons quell demonstrations, identify protesters
On the other, is one of China’s top institutions of higher learning, Renmin University. This is where Peng decided to unfurl two banners that, in handwritten Chinese characters, condemned Xi’s …
China’s world-beating drop in Covid-19 deaths revives data concerns
After meticulously tracking cases for most of the pandemic, China abruptly abandoned its signature zero-tolerance policy at the end of 2022, halting mass testing, quarantines and lockdowns …