A meeting between Taiwan’s leader and U.S. House Speaker will provoke a strong reaction from China, said Anna Ashton, China director at the Eurasia Group.
Monthly Archives For March 2023
Demand for China’s canned goods market increases
Photo shows a view of Nansha Port in Guangzhou, South China’s Guangdong province. [Photo provided to] Sun Baiyu, a manager of a food trade company in Shenzhen, Guangdong province, had to visit local …
UPDATE 1-China banking regulator chairman meets StanChart CEO
BEIJING, March 30 (Reuters) – China’s banking and insurance regulator on Thursday said its chairman, Guo Shuqing, met with Standard Chartered PLC Chief Executive Bill Winters on March 28. The pair …
China-driven growth seen helping emerging assets despite bank worries
Stronger Chinese-led emerging markets growth will likely buffer the stocks, bonds and currencies of many developing nations as markets in the United States and Europe are whipped around by banking …
China’s yuan eases as bank relief boosts dollar, PMI in focus
SHANGHAI, March 30 (Reuters) – China’s yuan eased on Thursday against the dollar, which was broadly firmer as concerns eased in the United States over the banking sector, while investors await March …
China’s Bank of Communications Posts 5.1% Profit Gain in 2022
Bank of Communications Co. delivered a better-than-estimated profit increase as it boosted lending to help cushion the economy from a slowdown triggered by the nation’s strict pursuit of Covid zero.
Xi’s New Vice Premier to Oversee Finance, Housing in Shake-Up
China has tasked its Vice Premier He Lifeng, a close confidante of President Xi Jinping, with the mandate of shoring up the nation’s embattled property industry as well as the $60 trillion financial …
MYEG Signs Agreement with China Customs for Cross-Border Trade Connectivity on Zetrix Blockchain Platform
MYEG, through its blockchain platform Zetrix, provides the digital service to connect to China’s blockchain platform. The scope of the agreement covers international exports going into China.
China’s economy set to rebound with new drivers
China’s economy is poised to rebound this year with concrete efforts being made to embrace economic rebalancing towards domestic consumption, higher-end manufacturing and green projects, said an …
Analysis-Hiring spree by China’s debt-laden local governments fuels fiscal fears
Some of China’s most indebted local governments are on a hiring spree, a move that analysts say could put fragile regional finances under more strain as officials seek to create jobs for a record …
Amid mounting global pressure, China plans random checks at hospitals to track Covid-19
Chinese officials plan random and spot checks at medical facilities in the country to track incomplete and under-reported Covid-19 data, the country’s health authority said, amid a wider call by …
UL Solutions Expands Retail and Consumer Products Testing Services with New Laboratory in Shenzhen, China
NORTHBROOK, Ill., March 30, 2023 /PRNewswire/ — UL Solutions, a global leader in applied safety science, has officially opened a new retail and consumer products laboratory in Shenzhen, China. The …
China’s Country Garden posts 90% dip in 2022 core profit, record net loss
China’s top property developer Country Garden Holdings said on Thursday its core profit plunged 90% in 2022 and it posted a record net loss, hurt by a sluggish property market and a debt crisis in…
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