The signing ceremony for the Beijing Convention on the Judicial Sale of Ships was held in Beijing at the 2023 China International Fair for Trade in Services (CIFTIS) on Tuesday. As the first maritime UN…
Monthly Archives For September 2023
Feng Yuanzheng: Innovation a constant theme in Beijing People’s Art Theater’s history
“Beijing People’s Art Theater has its own tradition with a comprehensive system and distinctive features. But from my perspective, BPAT has always been at the forefront of innovation,” said Feng Yuanzheng, president of the Beijing…
Beijing, Shanghai Home Sales Pick Up After Cities Ease Mortgage Policies
Zhang said that a certain Shanghai real estate agency claimed that reservations to visit pre-owned housing jumped by 50 percent. However, the bull market for second-hand housing may arrive slowly because homeowners may be reluctant…
Stock market today: Asian shares fall back amid selling of China property shares
Shares fell back Tuesday in Asia after U.S. markets were closed for the Labor Day holiday. U.S. futures also were lower and oil prices were mixed. Hong Kong fell more than 1% as Chinese property…
Exclusive-China to Launch New $40 Billion State Fund to Boost Chip Industry, Sources Say
HONG KONG/BEIJING (Reuters) – China is set to launch a new state-backed investment … Personal Advisors – Partner with an advisor to build a personalized financial plan based on what’s important to you. Get started…
China Seeks $40 Billion Fund to Drive Chipmaking, Reuters Says
The state-backed China Integrated Circuit Industry Investment Fund is establishing its third and largest investment pool of about 300 billion yuan ($41.1 billion), Reuters reported. The country’s …
Exclusive: China to launch new $40 bln state fund to boost chip industry, sources say
China is set to launch a new state-backed investment fund that aims to raise about $40 billion for its semiconductor sector, two people familiar with the matter said, as the country ramps up efforts …
Crypto Market-Making Profit Margins Sink 30% in ‘Wake-Up Call’ Post-FTX
Market making in digital tokens used to be a font of outsized profitability. The picture today is very different as costs jump and investors avoid a crypto sector scarred by a $2 trillion rout.Most Re…
China Worries Push European Shares to One-Week Low, PMIs Awaited
(Reuters) – European shares fell to one-week lows on Tuesday, as subdued economic data from China fuelled concerns about a feeble recovery, while investors looked to domestic data for clues on the …
China touts the benefits of its ‘Belt and Road’ initiative to Italy, which may end the agreement
China’s foreign minister is seeking to sell his Italian counterpart on the benefits of leader Xi Jinping’s signature “Belt and Road” initiative of Chinese-built and -funded infrastructure projects, as …
China to offer more, better services to world through high-quality development
China will deepen cooperation on services trade and digital trade with Belt and Road partner countries. It will accelerate the cultivation of new drivers for the digitalization of services trade, …
Japan protests China’s import ban over Fukushima water release at WTO
TOKYO (Kyodo) — The Japanese government said Tuesday it has submitted a document to the WTO protesting China’s blanket seafood import ban following the release of treated radioactive water from the crippled Fukushima nuclear power…
Country Garden makes debt payments in relief for China property sector -source
Country Garden has made interest payments on two U.S. dollar bonds just as a grace period was due to end on Tuesday, a person close to the company said, in a relief for the embattled…