Ding Xuexiang, China’s executive vice-premier, wrapped up a three-day inspection tour of Shenzhen on Sunday, which included a trip to blacklisted drone maker DJI He also visited local laboratories and …
Monthly Archives For October 2023
Beijing Fuels Economic Recovery with Real Estate Stimulus and Eased Mortgage Rules
In the heart of Beijing, there is a palpable sense of anticipation. The bustling city, known for its robust real estate market, is witnessing a significant shift in policy. The Chinese government, …
Former Bank of China boss arrested on corruption charges
Liu Liange charged with accepting bribes and illegally granting loans amid country’s anti-corruption drive …
China’s central bank to bolster liquidity support; keeps policy rate unchanged
The People’s Bank of China launched a total of CNY 789 billion via a one-year medium-term lending facility (MLF) to the banking system, left the interest rate unchanged at 2.50%, and ramped up efforts …
Former Bank of China Chairman Arrested: A New Chapter in Xi Jinping’s Anti-Corruption Campaign
Former Bank of China Chairman Liu Liange has been ensnared in the dragnet of President Xi Jinping’s anti-corruption campaign, marking another high-profile figure’s fall. The arrest comes after an …
China’s robust imports of major commodities question weak economy view
China’s imports of major commodities remained resilient in September and paint a different picture to the market narrative that the world’s second-largest economy is struggling for momentum.
Xi and Putin to reunite in Beijing in show of solidarity as divisions with the West sharpen
When Russian President Vladimir Putin and Chinese leader Xi Jinping met in Beijing for the opening of the 2022 Winter Olympics, they confidently outlined their vision for a new international order no …
China Tells Pleading Citizens in Israel To Buy Own Tickets Home
The hashtag “The Ministry of Foreign Affairs recommends that Chinese citizens in Israel return to their country as soon as possible” began to trend on Weibo on Monday after the foreign ministry press conference. The…
US tackles loopholes in curbs on AI chip exports to China – official
The U.S. will take steps to prevent American chipmakers from selling semiconductors to China that circumvent government restrictions, a U.S. official said, as part of the Biden administration’s …
A Week of Economic Twists: From Russia’s Financial Reforms to Global Crypto Controversies
The intricate dance of international economics and diplomatic ties often unfolds in ways that are as fascinating as they are complex. Last week, a series of events from Russia to Iraq and China …
Stussy, Stone Island, Arc’teryx bet big on China’s hypebeasts
Over the course of 2023, streetwear brands have been showing confidence in the mainland, and engaging China’s hypebeasts via major bricks-and-mortar openings and activations.
Nvidia Stock Drops. AI Chip Exports to China Are Under Threat
Nvidia shares were falling early Monday following a report the chip maker could face further restrictions on exports of its artificial-intelligence chips to China.
After China, Russia Suspends Japanese Seafood Imports
It said the restrictions would remain in place “until the necessary exhaustive information to confirm the safety of seafood produce … is forthcoming.” …
