City authorities will inspect and strengthen risk monitoring of ‘new technologies and ‘new industries’, according to regulations that take effect in January.
Monthly Archives For August 2023
Russia hopes to raise fish, seafood exports to China after Japan ban
Japan said criticism from Russia and China was unsupported by scientific evidence and pollution levels in the water will be below those considered safe.
China has made its housing crisis worse, has houses to meet 7 years’ demand
China has made its housing crisis worse. The country has enough new apartments to meet seven years’ worth of demand. This can cripple the country’s economy, as per the New York Times …
Arm’s IPO Filing: Revenue, China Reliance, Ampere Stake And Other Things To Know
Arm’s IPO filing revealed several previously undisclosed details about the company, including annual revenue trends, its reliance on China and its stake in Ampere Computing.
China had nearly 2 million excess deaths in 2 months after ending ‘zero-COVID’ policies, study finds
After China’s leaders declared ‘victory’ over COVID in February, this study reveals more COVID deaths may have occurred than previously announced …
China CITIC Bank reports faster growth in loan issuance in H1
BEIJING — China CITIC Bank, one of China’s joint-stock commercial banks, reported faster loan issuance growth in the first half of the year (H1), the bank said Friday. The bank issued loans worth …
China’s Market Rescue Is Failing as Xi Holds Back on Stimulus
China’s regulators face a losing battle convincing global funds to invest in the nation’s stocks unless market boosting efforts are accompanied by stronger stimulus to support growth.
China’s QDII fund size hits record as investors rush for overseas assets
China’s blue chip CSI 300 Index has lost 4% so far this year … SAFE has been accelerating granting new QDII quotas to financial institutions this year. Between January and July this year, banks and…
Downside risk in crypto market is ‘limited’ after August correction, says JPMorgan
After the recent correction, however, most downside risk is behind us, according to JPMorgan. Late last Thursday the price of bitcoin dropped as much as 9% , briefly dropping below $26,000, following …
US extends science pact with China: what it means for research
But the move is a stop-gap measure, and scientists warn that anything short of a full-scale renewal could damage research collaborations …
Xi Jinping dominates Brics summit as leaders endorse Beijing-led expansion
China’s president given special treatment at gathering that moves the bloc closer to his vision of creating a G7 rival …
China c.bank unveils guidance on relaxing residential housing loans
China’s central bank on Friday unveiled guidance on relaxing residential housing loan policies to better meet residents’ needs for housing. The People’s Bank of China said that banks should treat …
Light show held in Shenzhen to celebrate 43rd anniversary of Shenzhen SEZ
This photo taken on Aug. 25, 2023 shows a light show in Shenzhen, south China’s Guangdong Province. A light show was held in Shenzhen on Friday to celebrate the 43rd anniversary of the establishment …
