British Foreign Secretary James Cleverly will make a long-awaited trip to China on Wednesday in a sign that relations between the countries are normalising after years of tensions over security concerns and alleged human rights…
Monthly Archives For August 2023
Japan may take China to WTO over Fukushima-driven seafood import ban
Japan threatened on Tuesday to take China to the World Trade Organization (WTO) to seek a reversal of Beijing’s ban on all of its seafood imports after the release of treated radioactive water from …
Global Blockchain in Manufacturing Market 2023-2030 with Leading Players, Forecast and End-Uses
The U.S. Market is Estimated at $355 Million, While China is Forecast to Grow at 66.5% CAGR The Blockchain in Manufacturing market in the U.S. is estimated at US$355 Million in the year 2022. China,…
China releases plan for Shenzhen-Hong Kong sci-tech zone
BEIJING, Aug. 29 (Xinhua) — China’s State Council has released a plan to boost the high-quality development of the Chinese-mainland part of a sci-tech innovation cooperation zone jointly developed by …
China Hits Back at Reports of Economic Collapse
Chinese state media has hit back at reports that its slowing economy might gradually be heading towards collapse, saying that lawmakers are moving to tackle the “various challenges” facing the country.
China’s Bank of Communications to discuss changing existing mortgage rates: Report
BEIJING: China’s Bank of Communications (BoCom) plans to host an internal meeting on Wednesday (Aug 30) to discuss changing rates charged on existing mortgages, financial media outlet 21jingji.com …
China Mega Banks Weigh Further Deposit Rate Cuts to Boost Growth
China’s biggest state-owned banks are considering lowering deposit rates for at least the third time in a year, according to people familiar with the matter, as they ramp up efforts to boost the …
China extends tax breaks for foreign workers until 2027
BEIJING, Aug 29 (Reuters) – China will extend preferential tax policies for foreign nationals working in the country through to the end of 2027, the finance ministry said on Tuesday, in a boon to …
China is doing everything it can to conceal the true extent of its economic turmoil
An curved arrow pointing right. China’s economy is turning into a big black blob. This transformation means that while the country’s economy will still be significant to global business, it will no …
US isn’t trying to hold China’s economy back, says Commerce Secretary Raimondo
She also met with Chinese Premier Li Qiang and was expected to head to Shanghai by train for meetings with business leaders on Wednesday. The commerce secretary’s visit to China, the fourth by a Biden…
UK Seizes on US-China Thaw as Moment to Reset Ties With Beijing
It may be now or never for the UK to repair its battered relationship with the world’s second-largest economy.
U.S. Does Not Want to ‘Decouple’ From China, Commerce Chief Says
Gina Raimondo, the commerce secretary, also emphasized U.S. national security concerns in a meeting in Beijing with Vice Premier He Lifeng, who oversees China’s economy.
China companies’ fundraising options narrow after IPO restrictions
China’s surprise move to slow the pace of mainland initial public offerings (IPOs) in an attempt to bolster the secondary market will cloud the fundraising plans of hundreds of companies and will …