Chinese regulators are expected to fine Ant Group about a quarter less than the more than $1 billion initially planned and downgrade their charges against it, sources said, as they seek to end a years-long…
Monthly Archives For April 2023
China’s economy: five takeaways from first-quarter GDP data
China’s first-quarter gross domestic product data showed an economy rebounding following one of its worst years for growth in decades after the country’s largest cities were locked down to stem a coronavirus outbreak and a…
China’s economy gathers speed, global risks raise challenges to outlook
China’s economy grew at a faster-than-expected pace in the first quarter, as the end of strict COVID curbs lifted businesses and consumers out of crippling pandemic disruptions, although headwinds from a global slowdown point to…
European shares rise on strong China recovery, US bank results on tap
European shares rose on Tuesday, as investors awaited more U.S. bank earnings to gauge the health of the sector, while China’s stronger-than-expected economic recovery boosted sentiment.
China’s economic growth beats forecasts; UK jobless rate rises to 3.8% – business live
More people are looking for work, as vacancies at UK companies fall again …
Art show in Beijing celebrates a southern city of history and ‘fragrance’
An exhibition of paintings and works of calligraphy, now on at the exhibition hall of China Federation of Literary and Art Circles, shows Zhongshan’s natural landscapes and its cultural accumulations,
G7 foreign ministers show unified front as they condemn Russia’s war, call out China’s ‘coercion’
The Group of Seven (G7) advanced economies stressed their solidarity against Russia’s assault on Ukraine, and called on China to “abstain from threats,” in a communique Tuesday following talks in Japan.
China says G7 communique grossly interfered with China’s affairs
China said a communique by the G7 meeting grossly interfered in its internal affairs, and maliciously smeared and discredited the country, the Chinese foreign ministry said on Tuesday.
China disputes U.S. claims of Chinese ‘secret police station’ in New York
China foreign ministry spokesperson Wang Wenbin on Tuesday disputed U.S. claims of a Chinese “secret police station” in New York.
‘Zero Covid’ Behind It, China’s Economy Starts to Recover
The economy grew 4.5 percent in the first three months of the year, a pickup from the end of 2022, when the relaxation of pandemic prevention measures led to a wave of illness.
Exclusive-China Mobile explores acquiring Hong Kong telecom firm HKBN -sources
By Kane Wu and Julie Zhu HONG KONG (Reuters) -State-owned China Mobile Ltd is exploring a buyout of Hong Kong’s leading telecoms company HKBN Ltd, four people with knowledge of the matter said, which …
Morning Bid: China’s economy gathers pace but markets unimpressed
JPMorgan, Citigroup and Wells Fargo have all beaten Wall Street forecasts but State Street tumbled more than 9% overnight after fee income fell. Japan equities, though, were on track for an eighth …
ETH Staking Statistics and China Stats Support ahead of Gensler Testimony
ETH was back on the move this morning. While staking statistics will influence, SEC Chair Gary Gensler testimony on Capitol Hill will draw interest.
