The latest leg of a banking crisis, in which regional US bank PacWest said it was exploring potential sales to secure its future, pushed trading in gold futures on the Comex exchange to match its…
Monthly Archives For May 2023
Australia’s exports to China hit record high as relations thaw
Australia’s exports to China hit a record high in March, as Chinese buyers snapped up Australian commodities from coal to iron ore amid a thaw in bilateral relations.
The Long Road To Confronting China’s War on Religion: Part II
Falun Gong emerged in China in 1992, a time of a spiritual renewal in a land still under Communist rule, but one recovering from the horrors of Mao Zedong’s Cultural Revolution. Drawing on …
China’s services activity grows but at slower pace – Caixin PMI
China’s service activity grew for a fourth month in April, a private-sector survey showed on Friday, as businesses benefitted from a return toward pre-pandemic levels of demand and output, although …
China service sector growth stays robust dropped to 56.4 in April
The Caixin China General Services PMI declined to 56.4 in April 2023 from March’s 28-month high of 57.8, pointing to the fourth straight month of expansion in the sector, after lifting COVID-19 …
China’s service sector remains a bright spot as factory data disappoints, Caixin reading shows
The reading suggests that services activity is still “undergoing a fast recovery,” according to Wang Zhe, senior economist at Caixin Insight Group.
Crypto Price Today: Bitcoin holds above $29k; Ethereum above $1,900; Altcoins mixed
Bitcoin continued to extend gains as it rose almost a per cent in the last 24-hours to firmly hold $29,000-levels, while Ethereum was able to remain above $1,900-mark.
Beijing expects foreigners to trust, not verify
A confident, open, and willing-to-share China must be a huge force for world prosperity and stability,” Premier Li Qiang said at a recent international business summit. As top officials move to …
Beijing Letter: The Peking Express and the bandits who stole a train
James Zimmerman’s book tells the story of an extraordinary month-long hostage drama which began 100 years ago in a very different China …
Consumers in China are dining at nicer restaurants — even if it costs $500 a person
“The pandemic … affected consumers, and now they’re more likely to want to treat themselves,” said Tang Yan, a Black Pearl representative.
China seeks to ease fears of legal disputes to bolster global trade
Over the past couple of years, a shortage of everything from iPhones to paracetamol due to pandemic lockdowns in China has highlighted the reliance of global supply chains on the country.
India-China border stable; Chinese Finance Minister to S Jaishankar
Qin Gang was in talks with External Affairs Minister, S. Jaishankar at Benaulim in Goa on the sidelines of the SCO Foreign Ministers on Thursday..S Jaishankar. Chinese Finance Minister. India-China …
Yen set to snap 3-week losing streak on bank jitters, dollar slips
Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration …
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