LITTLETON, Colorado, March 27 (Reuters) – China’s imports of thermal coal in the opening quarter of 2023 have soared to new highs as utilities and businesses restocked in anticipation of greater …
Monthly Archives For March 2023
Chinese Banks reportedly support crypto firms setting up in Hong Kong ahead of new licensing regime
Bloomberg reported on March 27 that according to the people familiar with the matter, these banks, including the Bank of Communications Co., Bank of China Ltd., and Shanghai Pudong Development Bank, …
Tim Cook’s Beijing visit: China and U.S. tech ecosystems are ‘intertwined,’ analyst says
Lindsay Gorman of the German Marshall Fund’s Alliance for Securing Democracy says U.S. companies like Apple have significant manufacturing bases in China, and that complicates the “geopolitical picture.
China’s new premier rolls out the welcome wagon for foreign companies
China’s new premier, Li Qiang, has offered a hearty welcome to foreign companies in an effort to arrest a slump in business confidence that has exacerbated the country’s economic woes. Li, who was …
COLUMN-China’s Q1 coal imports jump to new highs as factories throttle up: Maguire
(The opinions expressed here are those of the author, a columnist for Reuters.) By Gavin Maguire LITTLETON, Colorado, March 27 (Reuters) – China’s imports of thermal coal in the opening quarter of …
China’s 2023 crude oil imports set for 6.2% rise, but risks prevail
Imports will rise 6.2% from last year to 540 million tonnes, while refinery processing will gain 7.8% to 733 million tonnes, equivalent to 14.66 million bpd, China National Petroleum Corporation’s …
Does an individual blockchain back advanced Yuan? (press release)
Digital Yuan is a very stable digital coin in China, and it is all because of the efforts put up by the government and the central bank. The Connection Between Digital Yuan And Blockchain Technology…
China gave huge loans to Belt and Road countries. Now it’s spending billions to bail them out
Most of the countries drawing from China’s swap lines were deep in financial crisis, with problems exacerbated by the Covid-19 pandemic, the report found. For instance, Argentina defaulted in 2014 and …
China launches special deployment of ‘AI for Science’
The deployment closely integrates the key issues of basic disciplines including mathematics, physics, chemistry and astronomy. It focuses on the scientific research needs in key areas such as drug …
MOUS ON TECHNOLOGY-RELATED INVESTMENT EXPECTED TO BE SIGNED DURING PM’S VISIT TO CHINA
SHAH ALAM, March 28 (Bernama) — Several memorandums of understanding (MOUs) on investment are expected to be signed with China’s technology-related companies during Prime Minister Datuk Seri Anwar …
China’s Software, Information Technology Service Industry Reports Steady Growth in Revenue, Profits
Data from the Ministry of Industry and Information Technology has shown steady growth in China’s software and information technology service industry …
Jack Ma is Beijing’s prodigal entrepreneur
In the biblical parable of the prodigal son, a repentant wastrel returns home to a forgiving and beneficent father. In China, Alibaba founder Jack Ma’s homecoming and rehabilitation appears to be part …
China’s Cities Are Buried in Debt, but They Keep Shoveling It On
“We should protect and improve the public’s livelihood based on our economic growth and financial health,” the documents said. China is full of wasteful infrastructure that the government likes to …
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