Argentina wants to spend fewer dollars after a crippling drought slashed its agricultural exports, which cut the amount of greenbacks coming in.
Monthly Archives For April 2023
Argentina to shift from dollar to renminbi for import settlement from China
Argentina will shift from the dollar to the renminbi for all settlements of imports from China starting from May, a move that will help Argentina strengthen its foreign exchange reserves and boost …
China’s industrial profits decline in Q1 but signs of recovery
BEIJING – China’s major industrial firms experienced a decline in profits during the first quarter of 2023, but signs of recovery emerged with demand on the mend, data from the National Bureau of …
Germany in Talks to Limit the Export of Chip Chemicals to China
Germany is in talks to limit the export of chemicals to China that are used to manufacture semiconductors as Berlin steps up efforts to reduce its economic exposure to the Asian nation.
10 Commandments for the U.S. to Save Its Relationship With Latin America From China
This is a historic, high-stakes opportunity for the U.S. to design a serious strategy to counter China’s corrosive footprint in Latin America.
China includes ‘Covid war’ in history textbook
History textbooks for Chinese students have mentioned the country’s Covid pandemic response for the first time. Images of the book have been circulating online, sparking discussions over the country’s narrative on its fight against Covid.…
Russia’s Oil Exports to India, China Take Longer Journeys, Raising Emissions Concerns
Russia’s oil exports to India and China have emerged as the country’s top export destinations, with shipments taking longer journeys since the Russia …
Hong Kong Crypto Exchange License Guidelines To Be Released In May
While Hong Kong’s ambition of becoming the world’s crypto hub is now backed by clear regulatory guidelines, the subject is a sore point among crypto exchange platforms operating in the United States.
Chinese Liquor Maker Sinks After Serving Up Hong Kong’s Biggest IPO in Months
Hong Kong’s biggest listing so far this year flopped in its trading debut, a troubling sign for a market that has been trying to recover from a long IPO slump.
“SHENZHEN DESIGN” GIVES NEW IMPETUS TO URBAN DEVELOPMENT, LIGHTS UP FASHION INDUSTRY
As a city born with design genes, Shenzhen has witnessed a flourishing creative and design industry since it became the laureate of UNESCO City of Design in 2008. In the past 15 years, the megacity…
China has widened its already sweeping counter-espionage law. Experts say foreign businesses should be worried
China has broadened the scope of its already sweeping counter-espionage law in a move that analysts warn could create further legal risks or uncertainty for foreign companies, journalists and academics.
HKBN Balloons 10% after Midday as China Mobile Said to Mull Privatization Offer
CHINA MOBILE (00941.HK) has issued proposals to a small number of banks over the past few weeks, seeking opinions on a potential privatization offer for HKBN (01310.HK), which curr… HKBN edged up …
Chinese spirit maker ZJLD slides 17% in Hong Kong debut, dimming IPO outlook
Chinese spirit maker ZJLD Group’s shares were down 17% on their first day of trading on Thursday, dampening hopes that a positive debut for the largest new share sale in Hong Kong in 2023 could…