An explosion at a chemical plant in Southeast China on Saturday sent huge billows of thick black smoke into the air.
Monthly Archives For July 2023
China urges Netherlands to not abuse export control measures
China has urged the Netherlands to not hinder bilateral cooperation in the semiconductor industry and to not abuse export controls, China’s Ministry of Commerce said in a statement.
On This Day: Hong Kong returns to China
In 1997, Hong Kong was returned to China after 156 years as a British territory. Britain’s Prince Charles, Prime Minister Tony Blair, Chinese President Jiang Zemin and U.S. Secretary Madeleine …
Breathing, a sign of relief in Beijing!
China’s remarkable turnaround to improve the air quality in Beijing should serve as an example to the rest of the world, says the writer.
Chinese policy bank steps up financial support for forest ecology
The China Development Bank (CDB), one of the country’s policy banks, stepped up financial support for forestry ecological construction in the first five months. The lender issued 7.4 billion yuan …
China central bank vows to stabilise yuan as slide deepens
The monetary authority also vowed to increase support for the economy more broadly, as domestic demand is still “not strong.” …
China Plans to Name Pan Gongsheng as New PBOC Governor: WSJ
China plans to appoint Pan Gongsheng as the central bank’s new governor, the Wall Street Journal reported, citing unidentified people familiar with the matter.
China’s yuan to remain under pressure amid stalling economic recovery, as central bank weighs moves to stem weakness
Yuan has weakened by 4.7 per cent against the US dollar since the start of the year, but the central bank has refrained from direct interventionOverseas exporters have sold the yuan in favour of …
China’s state financial sector braces for ‘one of the toughest years’
Executives say morale has plummeted since an overhaul was announced in March It aims to fight corruption and bring the sector under more direct control of the party Executives working in China’s state …
China’s revised anti-espionage law takes effect amid business worries
China’s revised counterespionage law took effect Saturday, broadening the scope of what constitutes spying activities to safeguard
China approves sweeping expansion of anti-espionage law
A revised law dramatically expanding China’s definition of espionage came into force on Saturday, giving Beijing more power than ever to punish what it deems threats to national security. The United States government,
China’s software industry expands in first 5 months
China’s software and information technology service industry reported double-digit growth in revenue and profits in the first five months of the year, data from the Ministry of Industry and Information Technology showed.
China moves to align with CPTPP rules through FTZ reforms
BEIJING, July 1 (Xinhua) — China’s lastest reform measures in some free trade areas are a preliminary attempt to actively align with the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) rules, a commerce ministry official said…