Beijing will sell 12 billion yuan of offshore bonds as it continues its efforts to promote the yuan internationally Demand for yuan-denominated financial products is rising as countries from Brazil to …
Monthly Archives For July 2023
China’s fiscal revenues hit 11.92 trillion yuan in first half year, up 13.3%: Finance Ministry
The steady recovery of Chinese economy will provide significant support for the continued growth of fiscal revenue in the coming months, the Ministry of Finance said on Wednesday. Xue Xiaoqian, an …
China’s Anhui reports foreign trade growth in H1
The total import and export of goods in east China’s Anhui Province grew 3.4 percent year on year to over 377.55 billion yuan (about 52.81 billion U.S. dollars) in the first half of 2023, local…
US recovers share of China’s ag imports after trade war
There were fears that even though U.S. ag exports to China were rising after the countries agreed to a trade war détente during the Trump administration, the U.S. might never recover its pre-trade war …
As the world sizzles, China says it will deal with climate its own way
John Kerry is finishing a trip to Beijing, and the need for China and the United States to take concerted action on climate change has never been more evident.
China’s crypto crimes expose capital-control loopholes, as millions in virtual currency seized
Chinese economist calls for review of rigid crypto ban amid slow e-CNY adoption In a separate … The recent virtual currency cases, however, shed light on loopholes in China’s capital control system.
Shanghai to Boost Industrial Internet Sector Through IPOs, Other Means
Shanghai will speed up the development of the industrial internet sector, which is the linking of Big Data, analytical tools and wireless networks with factory equipment, by launching a series of …
China’s Stemirna halts work at planned mRNA vaccine factory, cites lack of demand
SHANGHAI, July 19 (Reuters) – China’s Stemirna Therapeutics said on Wednesday it had suspended work at a factory it had planned to use to manufacture its COVID-19 vaccine candidate that uses messenger …
COVID-19 wasn’t targeted to spare Jewish and Chinese people, as Robert F. Kennedy Jr. claimed
Kennedy claimed that COVID-19 “is targeted to attack Caucasians and Black people,” while sparing Ashkenazi Jews and Chinese people. There is no evidence that the virus attacks Caucasian or Black …
Beijing Swelters In Extreme Heat, Over 35 Degrees Recorded For 4 Weeks
“At noon, it feels like the sun is roasting my legs, it feels like my skin is burning,” said Qiu Yichong, 22, an undergraduate student visiting Beijing during her summer holiday. Large swaths of Asia,…
China’s blanket radiation testing could spell trouble for Japanese seafood imports
The news comes ahead of Japan’s plan to begin releasing treated radioactive water from the crippled Fukushima No. 1 plant into the sea.
Chinese chip startup Biren plans Hong Kong IPO this year
Chinese chip startup Shanghai Biren Intelligent Technology Co. is considering an IPO in Hong Kong this year, according to Bloomberg, citing people …
China says foreign trade faces ‘extremely severe’ situation, blames geopolitics for slump
China, meanwhile, is looking to retain and attract foreign investment. Apple’s Tim Cook, Tesla’s Elon Musk and many other business leaders have traveled to China since it relaxed its border restrictions this year. The Commerce…
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