China Hongqiao Group has fired up 1.5 million metric tons of aluminium smelting capacity in the country’s southwest where it aims to move 4 million tons by end-2025 to take advantage of low-carbon …
Monthly Archives For September 2023
China’s central bank ramps up pressure on yuan bears as currency dives toward record low offshore
Currency traders trying to bet against the yuan are facing growing headwinds from China’s efforts to ramp up the cost of doing so in Hong Kong. The PBOC plans to issue more yuan-denominated bills than…
UPDATE 2-China’s central bank vows to support demand, price rebound
BEIJING, Sept 13 (Reuters) – China’s central bank will boost demand and support a modest rebound in prices, the Financial News, a publication run by the People’s Bank of China (PBOC) said on Wednesday …
China sperm bank runs contest for ‘high quality’ university student samples
While some young people in China have taken to “lying flat” and dropping out of the rat race and cut-throat environment in the country, one tournament has reignited the competitive spirits of some …
China says it has not banned purchase, use of foreign phone brands
China has not issued a ban on the purchase and use of foreign phone brands, the Chinese foreign ministry said on Wednesday, in response to media reports that said some government agencies and firms …
US VC firm BlueRun’s China arm ditches Silicon Valley brand after Sequoia amid rising US scrutiny on tech investment
BRV China, which manages over 15 billion yuan (US$2 billion) in assets, has changed its English brand to Lanchi Ventures, the Beijing-based company said in a statement on Wednesday. Lanchi is the …
Did the CIA bribe analysts to reject Covid-19 China lab-leak theory? Scientists have doubts
An agency whistle-blower claims CIA personnel were offered incentives to change their mind on the origin of the virus.
Smoking for the State: How China became addicted to its cigarette monopoly
For two decades, the state-run China National Tobacco has undermined a landmark anti-smoking treaty. Millions more deaths are predicted as a result.
China says it hasn’t issued any ban on Apple’s iPhone
China hasn’t issued any laws or rules to ban the use of iPhones or any other foreign phone brand, a Chinese government spokesperson said on Wednesday.
U.K. Parliament’s China Spy Probe—What Do We Know?
A researcher arrested on suspicion of spying for China has links to the U.K. minister for Security and the chair of the Foreign Affairs Committee.
China extends tariff exemption on import of some US goods
China on Wednesday announced that Beijing will continue to exempt some US goods from additional import tariffs until April 2024. The development came after Washington announced similar exemptions last …
China’s Central Bank Vows to Support Demand, Price Rebound
China’s central bank will boost demand and support a modest rebound in prices, the Financial News, a publication run by the People’s Bank of China (PBOC) said on Wednesday, citing a unnamed senior …
China’s finance ministry to issue 5 bln yuan of treasury bonds in Macao
BEIJING, Sept. 13 (Xinhua) — China’s Ministry of Finance said in a statement on Wednesday it will issue 5 billion yuan (about 700 million U.S. dollars) of yuan-denominated bond in the Macao Special Administrative Region…
