By Clyde Russell LAUNCESTON, Australia, June 1 (Reuters) – A run of weak economic data in China is likely to show up in softer imports of key commodities, albeit with a lag given the time…
Monthly Archives For June 2023
China’s Tianjin Port sees robust trade growth in Jan-April
A containership is berthed at Tianjin Port’s IoT-supported terminal. [Photo/China Daily] TIANJIN — North China’s Tianjin Port saw its foreign trade increase by 16.9 percent year- …
Bank of China chairman visits PNG amid Sino-U.S. rivalry
Bank of China chairman Ge Haijiao has traveled to Papua New Guinea (PNG) as the world’s fourth-largest bank seeks an operating license in the Pacific islands nation, which is seeking to boost China …
Canadian pension fund CDPQ puts brakes on China investment, Financial Times reports
Canada’s second-largest pension fund Caisse de dépôt et placement du Québec (CDPQ) has stopped making private deals in China and will close its Shanghai office this year, the Financial Times reported …
China’s insurance sector surpass expectations says new regulatory body
The performance of China’s insurance sector was better than expected in the first three months, the new regulatory body tasked with supervising the country’s financial sector announced in its first …
Crypto markets ‘lackadaisical’ as institutional buying slows — Novogratz
This is huge news! China is waking up to crypto again. “We’re watching developments in Hong Kong very closely. If Hong Kong is being used by mainland China as a testing ground for the safe…
LONGi unveils 2022 Sustainability Report in Beijing, disclosing the company’s actions and achievements in ESG
The report shows LONGi used 4.2 billion kWh of renewable energy in 2022, accounting for 47.18% of its total energy consumption, which was higher than 40.19% of total green energy use in 2021. By using…
Column: China’s soft economic data will mean lower commodity imports, but not yet
A run of weak economic data in China is likely to show up in softer imports of key commodities, albeit with a lag given the time taken to physically ship resources from around the globe.
China resumes seafood imports from 20 overseas firms on May 26 – customs
China resumed seafood imports from 20 overseas companies on Friday, including those from Pakistan, Brazil, Malaysia, Spain, New Zealand and Indonesia, according to an announcement on Tuesday by the …
China’s recovery is relying on an improvement in the labor market: UBS Investment Research
Wang Tao from UBS Investment Research says slow improvement in the labor market, and property market fundamentals are weighing on the Chinese economic recovery.
An employee in China was fired for taking toilet breaks of up to 6 hours a day, which he said was due to a medical issue
The employee, Wang, underwent surgery for an anorectal issue in December 2014 but was still experiencing pain after the procedure.
China Stocks Rebound as Concerns Over Fed Rate Hike Eases
Chinese stocks staged a sharp rebound on Friday as investor concerns over further US interest rate hike eased after the Federal Reserve signaled it was close to the end of its tightening cycle.
Canadian pension fund CDPQ puts brakes on China investment – FT
Canada’s second-largest pension fund Caisse de dépôt et placement du Québec (CDPQ) has stopped making private deals in China and will close its Shanghai office later this year, the Financial Times …