China’s biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could ease pressure on profit margins and reduce lending costs, providing some relief for the financial sector and…
Monthly Archives For June 2023
Tech-Heavy China Stock Index Hits Three-Year Low as Bets Unravel
Now, concerns about China’s economic situation are depressing equity sentiment in the country. And a three-day, 9.3% drop in Contemporary Amperex Technology Co. — which has the biggest weighting in …
U.S. Business Interest In China Is Slowly Recovering, Ex-American Diplomat Says
Strained relations between Washington and Beijing appear to be stabilizing, a shift that is stirring renewed business interest in China among U.S. companies, a former long-term U.S. diplomat who is the current chairman of the…
The Road to Modi’s Ambitious Make-in-India Goal Runs Through China
Fun Zoo Toys is an Indian manufacturing success story. The maker of heart-shaped cushions and “Little Ganesha” dolls started out as a family business in 1979 and has grown to be one of the nation’s…
Nation’s biggest cultural industry fair drawing global attention to Shenzhen
A delegate from the Federation of Nepalese Chambers of Commerce and Industry displays a bowl made in Nepal at the 19th China (Shenzhen) International Cultural Industries Fair in Shenzhen, Guangdong …
‘Big Ass No’: Hong Kong Trading Not a Sign China Is Warming Up to Crypto
Hong Kong greenlighting digital asset trading for retail investors does not necessarily mean China will follow suit, according to Sean Lee.
First Forum on Building up China’s Cultural Strength opens in Shenzhen
Chen Lai, dean of the Academy of Chinese Learning at Tsinghua University, speaks at the Forum on Building up China’s Cultural Strength in Shenzhen, south China’s Guangdong Province, June 7, 2023. The …
China sees biggest trade increase with Russia in 2023, Chinese customs data shows
Bilateral trade between Russia and China totaled more than $93.8 billion from January to May in 2023, a 40.7% increase compared to the same period last year, data from China’s General Administration of Customs showed.
Remembering a Massacre That China Keeps Trying to Erase
In all my decades of reporting, one of my most searing experiences came in 1989 in Beijing when I watched the Chinese People’s Liberation Army unleash weapons of war on throngs of unarmed pro-democracy protesters.
Exclusive: Ocean Race seeking to make Chinese market impact despite losing Shenzhen leg
The Ocean Race has ramped up its efforts to make a big impression in the Chinese market despite losing Shenzhen as one of the host cities for this …
‘Crypto Communism’ Has a New Meaning
China seeks to infiltrate the U.S. financial system, and the SEC and Finra seem oblivious.
US takes aim at China over Latin America trade tactics and fentanyl role
Senior U.S. policy makers took aim at China on Wednesday over its approach to Latin America, accusing Beijing of breaching economic norms and urging it to do more to help combat the illegal fentanyl trade.
From Chinese Doge Coin ($CHINA) to XI JINPOOH Coin: Are Asian Meme Tokens Hottest Altcoins to Invest in Right Now?
Meme coins are a singular phenomenon that has attracted the interest of investors and fans alike in the wide world of digital currency.
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