Europe’s trade chief will push Beijing for fewer restrictions on European businesses on a four-day visit to China, when he can expect tough conversations over a planned EU investigation into electric …
Monthly Archives For September 2023
Chinese investors rush into local government bonds as Beijing eases default fears
Central government support for local financing vehicles helped lift debt sales in August to near-record levels …
China’s yuan bounces on state bank support, offshore tightness
SHANGHAI/BEIJING: China’s yuan bounced against a buoyant dollar on Friday, underpinned by state bank support, further strong fixing guidance by the central bank and signs of liquidity tightness in the …
Shein shifts shipping strategy to bring China-made goods closer to US shoppers
E-commerce giant Shein is sending more low-priced apparel and home goods to U.S. warehouses from China to speed up shipping times for shoppers, according to data from global trade analysis firm …
China climate envoy says phasing out fossil fuels ‘unrealistic’
The complete phasing-out of fossil fuels is not realistic, China’s top climate official said, adding that these climate-warming fuels must continue to play a vital role in maintaining global energy …
After Summit With U.S. and Japan, South Korea Seeks to Shore Up Ties With China Too
South Korea’s envoy to Japan said in an interview that “high-level” talks are underway for a three-nation summit with China to happen this year—and that it wouldn’t affect ties with the U.S.
Philippines weighs legal options against China over coral reef ‘destruction’
The Philippines is exploring legal options against China accusing it of destruction of coral reefs within its exclusive economic zone (EEZ) in the South China Sea, an allegation rejected by Beijing as …
EU seeks to put brakes on China without hurting ties
When the EU launched an investigation into Chinese electric car subsidies, Brussels wanted the world to know that it will protect the automotive sector that is the jewel in Europe’s industrial crown, …
China suffers worst capital flight in years, but could it pump Bitcoin?
Bitcoin (BTC) could see substantial inflows from China within the next few months, argues Matrixport’s head of research Markus Thielen.
Real Estate Crisis Triggers New Alarms Over China’s Shadow Banks
In 2020, regulators took over Xinhua Trust and New Era Trust — two of China’s 68 licensed trust firms at the time — for what it called “illegal business operations.” Three years later, Xinhua became…
WHO calls on China for ‘full access’ for Covid investigators: report
The head of the World Health Organisation told the Financial Times he was ready to send a new mission of experts to China to investigate the origins of Covid-19.“We’re pressing China to give full …
China’s Shenzhen Hit By Heaviest Rain Since Records Began In 1952
China’s southern city of Shenzhen has been lashed by the heaviest rain since records began in 1952, state media reported on Friday.
Exclusive: Satellite images show increased activity at nuclear test sites in Russia, China and US
Russia, the United States and China have all built new facilities and dug new tunnels at their nuclear test sites in recent years, satellite images obtained exclusively by CNN show, at a time when …
