By Lawrence White and Selena Li HONG KONG/LONDON (Reuters) -Standard Chartered (StanChart) on Thursday said third-quarter pre-tax profit fell by a third, much worse than analysts had expected, as it took a nearly $1 billion…
Monthly Archives For October 2023
China launches fresh 3-man crew to Tiangong space station
The flight is the fourth keeping the Chinese space station permanently staffed with rotating crews of taikonauts.
As world roils, US and China seek to ease strained ties and prepare for possible Biden-Xi summit
In the midst of two potentially world-changing conflicts, the U.S. is hoping to find at least a small measure of common ground with China as China’s top diplomat visits Washington this week.
New data governance regulator unveiled
China announced plans to establish a new regulator for data governance in March as part of a sweeping government reshuffle. In July, Liu Liehong, former chairman of State-owned telecom giant China …
China Appoints Technocrat Lan Foan as New Finance Minister Amid Fiscal Stimulus Push
As the global financial landscape continues its unpredictable dance, China has placed its fiscal future in the hands of a new leader, Lan Foan. A technocrat with scant experience in central government …
Xi Jinping Is Looking for Someone to Blame for China’s Property Bust
With China’s property bust threatening to sink the country’s economic recovery, Xi Jinping is looking for someone to blame.After putting the billionaire founder of Evergrande, a heavily indebted …
China’s Communist Party Establishes Central Financial Commission: A Power Play in the Financial Sector
In an era marked by financial giants and bloated economies, China’s Communist Party has taken a bold step towards the regulation of its financial sector, a behemoth worth $61tn. The establishment of …
China LiPF6 Is Still Mainly Exported, With Minimal Import Volume In September
According to Chinese customs data, China imported 66 mt of lithium hexafluorophosphate in September, with a total import value of $984,201. The export volume was 2,067 mt, and the export value was $30 …
China September Tin Ore Imports Plunge Due To Mining Ban In Myanmar’s Wa State, While Tin Ingot Imports Surge Driven By Expanding Profits
In September, China’s tin ore imports were 7,300 mt, month-on-month drop of 73.18%, year-on-year drop of 54.79%; cumulative imports from January to September were 179,000 mt, down 2.81% YoY.
China says it wants to fix relationship with U.S.
China’s stance on rekindling and repairing its strained ties with the United States has taken a new turn, as President Xi Jinping expresses his country’s …
Nomura reassesses mainland China business plan as losses mount
Nomura Holdings said on Thursday it is reassessing its mainland China business, as losses mount at its Shanghai-based securities joint venture in another blow to the top Japanese investment bank’s …
Opinion| Technological Development Turns Regional Conflicts Into International Ones And Affects The Global Economy
The world is becoming more interconnected and interdependent than ever before. Technology has blurred the boundaries between countries an …
Mideast in focus as US, China meet to pave way for Biden-Xi summit
Chinese Foreign Minister Wang Yi begins a long-anticipated visit to Washington on Thursday, as the U.S. and China seek to manage deep strategic differences and pave the way for an expected summit between presidents Joe…
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