China has agreed to reschedule over $2 billion publicly guaranteed debt of Pakistan for a period of two years, providing a major relief to the government that is in the process of rebuilding foreign …
Monthly Archives For July 2023
China announces steps to boost sales of cars, electronics
Chinese authorities announced a raft of measures on Friday to help boost sales of automobiles and electronics, and warned local governments from rolling out policies that would fuel vicious competition,
Xi Jinping meets Henry Kissinger as US seeks to defrost China ties
Chinese president Xi Jinping has given a warm welcome to former top diplomat Henry Kissinger, as the US pursues closer ties with China. Mr Kissinger’s surprise trip to the Chinese capital comes amid a flurry…
CIA chief: Ukraine makes China pause on Taiwan
STORY: Speaking at the Aspen Security Forum, Burns reflected on the order by Chinese President Xi to be prepared to invade Taiwan by 2027, saying Putin’s experience gives pause to China’s leadership.Burns has previously said…
China issues measures to boost consumption of auto, electronics items
Beijing authorities on Friday unveiled measures to boost consumption of auto and electronics items as part of a broader drive to shore up China’s faltering economy. In two separate statements issued an hour ahead of…
Former vice-president of China Development Bank under probe
BEIJING — Wang Yongsheng, a former vice-president of China Development Bank, is under disciplinary and supervisory investigation, according to an official statement released Thursday.
Once China’s top securities regulator, disgraced official is now an adviser to its central bank
The 61-year-old’s new job was first reported by Guangdong-based financial publication China Fund News on July 8. Do you have questions about the biggest topics and trends from around the world? Get …
China to unveil more measures to revive private economy: officials
BEIJING, July 20 (Xinhua) — Chinese officials on Thursday pledged greater efforts to revive the private economy, with more measures to be unveiled soon. Their remarks came after the Communist Party …
Pop music concerts highlight Shenzhen-Hong Kong bonds
The two pop music concerts held in Luohu last weekend is a testimony to Shenzhen’s efforts to attract Hong Kong people to enjoy their weekend in the city and stimulate consumption.
China’s Xi Jinping meets with Henry Kissinger in Beijing
Xi praised the 100-year-old veteran U.S. diplomat, who made a surprise visit this week and has been to China more than 100 times since helping to establish formal ties in the 1970s.
Mayorkas: China ‘bears responsibility’ in regard to US fentanyl crisis
DHS Secretary Alejandro Mayorkas on Thursday said that Beijing “bears responsibility” for its role in the U.S. fentanyl crisis, pointing to action it needs to take.
China’s digital yuan hits $250 billion milestone
China’s central bank digital currency has passed $250 billion in transactions within one-and-a-half years of its launch. Yi Gang, the governor of the People’s Bank of China, revealed the milestone at …
Crypto Funds Linked to Fentanyl Trade Come Mostly From Centralized Exchanges: Elliptic
Blockchain analytics firm Elliptic found that most crypto funds used in the fentanyl trade can be traced to centralized exchanges.