(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. China’s central bank is expected to leave key interest rates on hold on Thursday, but the …
Monthly Archives For July 2023
Does China determine Hong Kong’s crypto aspirations?
As the crypto whirlwind sweeps across the globe, Hong Kong seems to be caught in its gust. However, this adoption wave isn’t just a local phenomenon; it’s a telltale sign of the undercurrents coursing …
Overcapacity in China’s EV battery industry to reach four times demand by 2025, putting small players at risk
China’s electric vehicle battery industry will face severe overcapacity in the next two years, which could lead to the closure of many small players, analysts say.
Pew: Most Asian Americans have unfavorable views of China, prefer Taiwan
A new poll conducted amid rising tensions between mainland China and Taiwan, as well as with the United States, has found that most Asian Americans view China unfavorably.
Early mammals may have hunted dinosaurs, rare China fossil suggests
A fossil found in China suggests some early mammals may have hunted dinosaurs, according to new research from Canadian and Chinese scientists published Tuesday.
China looks to Kissinger meeting to improve strained relations with U.S.
Kissinger’s visit coincides with that of Biden’s top climate envoy John Kerry, the third senior Biden administration official in recent weeks to travel to China for meetings with their counterparts …
China’s Oil Imports Hit New Highs, Output Soars
China has ramped up crude output, and is currently pumping 4.3 million barrels a day making it the world’s fifth largest producer.
Xi says China’s climate policy ‘will never be influenced by others’
Chinese President Xi Jinping says the country’s environmental policy “will never be influenced by others” following U.S. climate envoy John Kerry’s visit to the country.
Europe battles heat and fires; sweltering temperatures scorch China, US
Italy put 23 cities on red alert as it reckoned with another day of scorching temperatures on Wednesday, with no sign of relief from the wave of extreme heat, wildfires and flooding that has wreaked…
John Kerry comes up empty in China climate talks
Special Presidential Envoy for Climate John Kerry and his Chinese counterparts failed to reach a climate agreement this week, they announced Wednesday.
Biden needs to deal with China’s ever-closer ties to Iran
Iranian economic cooperation, as well as the Chinese-brokered detente between Iran and Saudi Arabia, exemplify the need for Washington’s attention.
Biden administration cuts funding for Wuhan coronavirus lab
The Wuhan Institute of Virology, believed by some to be the origin of the COVID-19 pandemic, has officially been cut off from U.S. funding.
Shenzhen jewelry market offers insight into growing craze for gold
“It’s like a wet market crowded with stalls, except that people are trading gold jewelry, not meat and vegetables,” 30-year-old Shenzhen resident Guo said when describing Shuibei, a local jewelry …