Insights: The Hong Kong branches of China’s state-run banks want crypto. Now for the hard part. CoinDesk Market Index (CMI) 1,163 −34.4 2.9% Bitcoin (BTC) $26,958 Good morning. Bitcoin is starting the …
Monthly Archives For March 2023
China’s international air travel recovery: part one – rolling back restrictions
The recovery in air travel to and from China is picking up pace in the early months of 2023 as more COVID-19-related restrictions are eased and airlines respond by ramping up services in this market.
China’s Covid ‘Exit Wave’: (3) What Other Countries’ Zero-Covid Exits Show
Covid. But many other zero-Covid countries have already gone through this. Their experiences – all very consistent, with surging infections and death rates – shed light on what is really happening in …
China’s Big Tech slashed jobs by the thousands in 2022 amid regulatory scrutiny, Covid-19 controls and tough competition
Employment at China’s largest internet companies is often considered … had lost their momentum under the double whammy of the coronavirus pandemic and unfavourable policies. In that post, the agency …
China’s Li Qiang tells foreign business executives country will open up
BEIJING (Reuters) — China’s Premier Li Qiang told foreign business executives including smartphone maker Apple’s Tim Cook that the country will open up further, the Chinese foreign ministry said in a …
China’s New Premier Courts Foreign CEOs With Vow to Open Economy
Premier Li Qiang vowed that China will open wider to the outside world and establish a “broad space” for foreign companies to develop in the Asian nation. Most Read from BloombergBinance and Its CEO …
Int’l organizations, business leaders upbeat about China’s economic outlook
China’s consumption sector is expected to accelerate its recovery, and the country’s technological innovation and green transformation are advancing investment in manufacturing, Kang said. As the …
China’s industrial profits slump deepens on soft demand, high costs
Profits at industrial firms in China declined 22.9% in the first two months of 2023 from the year before, official data showed on Monday, as the factory sector struggles to claw its way out of…
UAE topples China as top import source on costly fuel
The United Arabs Emirates has for the first time overtaken China to become the largest import source market for Kenya by value, reflecting the impact of the runaway cost of petroleum products.Traders …
UPDATE 2-China 2023 oil refinery output forecast to rise 8% on demand recovery
That will likely lead to 6.2% growth in this year’s crude oil imports to 540 million tonnes, or 10.8 million bpd, the research unit said. The growth is in line with forecasts by independent analysts…
China’s Li tells foreign business executives country will open up
BEIJING (Reuters) — China’s Premier Li Qiang told foreign business executives including smartphone maker Apple’s Tim Cook that the country will open up further, the Chinese foreign ministry said in a …
Key takeaways from AP’s report on China’s influence in Utah
China’s global influence campaign has been surprisingly robust and successful in Utah, an investigation by The Associated Press has found. The world’s most powerful communist country and its U.S.-based advocates have spent years building relationships…
House passes bipartisan bill to revoke China’s ‘developing country’ status
The House passed the PRC Is Not a Developing Country Act on Monday to strip China’s designation as a “developing country” in international organizations like the WTO.