China’s new central bank head Pan Gongsheng is set to take the helm at a critical moment for the world’s second-largest economy, as it fights to reset a post-Covid recovery that looks increasingly …
Monthly Archives For July 2023
The Future of Crypto in China: A Reality Check
With the stance shift happening in so many countries, China is unlikely to stay insusceptible — it will gradually come to accept crypto.
China Services PMI Fades In June – Caixin
The services sector in Japan continued to expand in June, albeit at a slower pace, the latest survey from Caixin revealed on …
Tencent-Backed Ruyi Raises $511 Million, Eyes China Film And Gaming Growth
China Ruyi Holdings, a Chinese online film and gaming company whose investors include Internet giant Tencent, said it had raised HK$4 billion, or about $511 million, through the sale of new shares, …
China’s services activity softens as recovery falters – Caixin PMI
The Caixin/S&P Global services purchasing managers’ index (PMI) eased to 53.9 in June from 57.1 in May, the lowest reading since January when COVID-19 swept through the country after authorities …
Rwandan student sings the praises of China’s vocational education system
He bought product samples from Alibaba and displayed them in his store in Kigali, the Rwandan capital. Another key advantage of studying at a vocational college in Zhejiang is the opportunity to gain …
China’s Xi demands officials step up flood prevention measures during rain deluge
China’s President Xi Jinping demanded government authorities at all levels give top priority to ensuring people’s safety and property as torrential rains cause devastating floods, deadly mudslides and geological disasters in the country.
Fund That Beat 99% of Peers by Betting on China Shares Is Shifting to Booming Japan
An Asia fund manager whose investments in China shares helped her beat 99% of peers over five years is becoming less enthusiastic and turning instead to its neighbor Japan.
What equity markets got wrong about China
Stocks performance this year has disappointed, but economic data has sparked hopes of stimulus from Beijing that could boost sentiment …
New China Export Controls Prompt Countries to Explore Supply-Chain Diversification
Beijing’s decision to curb exports of rare minerals alarms South Korea and Japan.
UPDATE 2-S.Korea, Taiwan see limited impact of China curbs on chipmaking materials
South Korea is a leading chip maker and the industry ministry would continue to monitor the situation, since it could not rule out the possibility that China might extend the scope of its export controls…
China Imposes Export Controls on Critical Semiconductor Materials, Escalating Trade War
In an intensifying trade war between China and the United States, Beijing has taken a significant step by imposing export controls on two crucial raw materials essential to the global chipmaking …
Ticker: China throttles high tech metal exports; Nokia renews patent lease with Apple
China has imposed export curbs on two metals used in computer chips and solar cells, expanding a squabble with Washington over high-tech trade ahead of Treasury Secretary Janet Yellen’s …
