SINGAPORE: China’s coal inventories are so bloated and coal prices so depressed that some of the country’s miners have cut production and called for a halt to imports, despite a scorching heatwave …
Monthly Archives For July 2023
US Treasury chief Yellen and China’s No. 2 aim for improved communication after trade disputes
U.S. Treasury Secretary Janet Yellen and Chinese Premier Li Qiang expressed hopes Friday for better communication as Yellen appealed to …
China manufacturers face slow recovery amid weak external demand | Video
As China relaxed strict zero-COVID measures and reopened its borders, authorities had hoped for a speedy economic recovery. But manufacturers are struggling with weak external demand. Olivia Siong …
Yellen nudges China on climate finance cooperation during Beijing visit
Treasury Secretary Janet Yellen urged global financial cooperation on climate change Saturday, calling on China to contribute to international development funds during her visit to Beijing. In her remarks at a climate finance roundtable, Yellen…
Beijing soars above 41 degrees, smashes June record
BEIJING–The temperature in Beijing breached 41 degrees Celsius on Thursday and shattered the record for the hottest day in June as heatwaves that had seared northern China a week earlier returned …
Ant Group will buy back shares to ease investor pressure as China ends crackdown that derailed world’s biggest IPO
Ant said in January it had no plans for an IPO at that time. Still, the company’s Chairman Eric Jing said in 2021 that Ant would eventually go public. Ant co-founder Ma returned to China…
Yellen Shares Concerns Over China’s Treatment of U.S. Companies
During her first day of meetings in Beijing, Treasury Secretary Janet L. Yellen criticized punitive measures the Chinese government has taken against American firms.
Chinese-led Asian Infrastructure Investment Bank says it found no evidence it is dominated by Communist Party
The bank said it launched an internal review after former communications chief Bob Pickard quit, citing party influence and a ‘toxic culture’ Pickard says the review is a ‘joke’ and said had left …
China has been secretly fueling a renewable energy boom in Latin America—just look at Chile
Chile’s President Sebastian Pinera, right, and Chinese President Xi Jinping, left, attend the welcome ceremony at the Great Hall of People in Beijing, China on April 24, 2019. The story of renewable energy’s rapid rise…
Sideways: China’s Ping Pong Power
If ping pong was initially a way of demonstrating sporting prowess and national pride, it was also the mechanism that turned China outwards to the rest of the world and laid the groundwork for …
World Cities Branding Conference opens in China’s Macao
The first World Cities Branding Conference is initiated and organized by the Organizing Committee of the World Cities Branding Conference, and co-hosted by the World Tourism Economy Research Center.
US Treasury Secy In Beijing, Urges China To Contribute More To Climate Finance Funds
While China has expressed support for programmes aimed at helping poorer countries address climate challenges, it has been reluctant to contribute financially.
Yellen: Cooperation between Beijing and Washington is “essential” to finance climate change
The US Treasury Secretary, Janet Yellen, affirmed on Saturday during her second day of the visit to Beijing that cooperation between China and the United States is “essential” for financing climate …
