China’s National Financial Regulatory Administration (NFRA) on Friday issued a draft on easing rules on foreign investment in asset management businesses as part of efforts to attract overseas …
Monthly Archives For July 2023
Here’s How China Is Supporting Economy as Stimulus Awaited
China has announced several measures recently to boost the economy and made a number of pledges to improve the business environment as concerns about the growth outlook continue to mount.
China-Ukraine trade: amid Russian attacks in Black Sea, Beijing promises Kyiv trade negotiator it will boost imports
China’s vice-commerce minister Ling Ji met Ukrainian deputy minister of economy Taras Kachka, the first senior-level Ukrainian visit since invasion began.
Untangling the U.S. From China’s Economy Is Messy
The effort to move supply chains out of China is complicated by intertwined Asian markets and Chinese dominance in clean-energy technology.
China is drilling some of the world’s deepest holes in hunt for natural resources
Chinese engineers on Thursday broke ground on a new super deep borehole that will burrow far into the Earth’s crust as the country steps up its search for natural resources hidden tens of thousands of…
Visa and Mastercard can now be used on China’s biggest payment apps
Alipay, China’s largest payment app operated by Ant Group, announced on Friday that overseas users can link cards issued by Visa and Mastercard, as well as Diners Club and Discover to their digital …
China seeking to export Communist-style Christianity around the globe, warns religious freedom charity
The CCP is suspicious of any Western missionary support and the underground church movement, deeming them to be ‘anti-Chinese’. Inside China, the policy of Sinicization has resulted in a ban on online …
China is grappling with slumping growth, a property crisis and debt woes – the next jolt could come from the yuan hitting a 16-year low
A plunging yuan could spook international investors at a time when China’s floundering economy needs increased global support.
Explainer: Dalian Wanda’s repayment woes weigh on China property sentiment
The market is closely watching whether a unit of Dalian Wanda Group will make a repayment deadline for a $400 million dollar bond early next week, as a failure would weigh on already weak market…
China agrees to reschedule $2 billion debt of Pakistan
The Economic Coordination Committee (ECC) of the Cabinet, chaired by Finance Minister Ishaq Dar on Thursday, approved the revised terms of the agreement reached between Islamabad and Beijing, …
1st China Beijing Animation Festival opens
Animation Festival launched Thursday at the Beijing Exhibition Center. This five-day event aims to showcase the cultural sector’s creativity in Beijing, facilitate global cultural exchanges and collaborations,
White House Regrets That Former Diplomat Kissinger Still Has Better Access in Beijing
The White House expressed it’s feelings over a private trip taken by former U.S Secretary and diplomat Henry Kissinger to Beijing, where he was able to meet with many top Chinese officials who have declined…
‘Facekinis’ become all the rage in China as temperatures soar
Full-face masks grow in popularity as surface temperature hits 80C in some parts of country …
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