BEIJING/HONG KONG (Reuters) -China is set to appoint Zhu Hexin, a veteran banker and chief of state-run financial conglomerate CITIC Group, as the new head of its foreign exchange regulator, four people familiar with the…
Monthly Archives For November 2023
S. Korea to cut import tariffs on 76 items in 2024
SEOUL, Nov. 22 (Xinhua) — South Korea’s finance ministry said Wednesday that it will cut import tariffs on 76 items in 2024 as part of their efforts to strengthen industrial competitiveness and …
Biden and Xi’s meeting sent an important signal for U.S. business in China – MSN
President Joe Biden’s meeting with Chinese President Xi Jinping set a bottom line in the relationship that reduces uncertainty for businesses, analysts said.
‘Blinken’s wrong!’ Biden right to label Xi ‘dictator’ but should call China ‘enemy’ to avoid putting US as ‘grave risk’
Joe Biden was right to label Xi Jinping a “dictator” but should call China America’s “enemy”, a foreign policy expert has claimed. Biden, 81, met with the Chinese President in San Francisco last week …
China says it is in interest of all parties to ensure peace, stability on Korean Peninsula
China’s foreign ministry said it is in the interest of all parties to ensure peace and stability on the Korean Peninsula after North Korea claimed it successfully placed its first spy satellite in orbit,
Jim Cramer Says Nvidia ‘Can And Will Prosper Without China’ Amid Successful Q3 Results: ‘Just Easier With Than Without’
“Nvidia can and will prosper without China. It’s just easier with than without.” See Also: If You Invested $100 In Dogecoin When Elon Musk First Tweeted About The Crypto, Here’s How Much You’d Hav …
The US and the Philippines conduct joint air, sea patrols in South China Sea not far from Taiwan
The United States and the Philippines are conducting joint air and maritime patrols in the South China Sea, which come as the two countries step up cooperation in the face of growingly aggressive …
Exclusive: China to name finance veteran Zhu as new forex chief, sources say
China is set to appoint Zhu Hexin, a veteran banker and chief of state-run financial conglomerate CITIC Group, as the new head of its foreign exchange regulator, four people familiar with the matter …
China refined nickel imports rose in October, but most of them were stored in bonded zones, imports to decline in November
Customs data showed that China’s refined nickel imports were 6670 mt in October 2023, of which customs clearance volume was 3370 mt (+39.8% MoM and down 84.39% YoY). The top three pure nickel …
China primary aluminum net imports hit new high in October, more overseas ingots will flow into China as import window shows signs of re-opening
Customs data showed that China imported 1.17 million mt of primary aluminum in January-October, up 173% YoY. Exports were 113,400 mt, down 41.19% YoY. This brought net imports to 1.06 million mt, up …
Thanksgiving travel fuels latest COVID-19 wave amid collapse of public health
China managed to hold back the waves with its “zero Covid … With these statements, the Times states explicitly that taking measures to stop the spread of COVID-19 was brutal, whereas accepting …
Tech war: China approves Broadcom-VMware merger with conditions, in sign of thaw with US
Still, the nod from China completes the last hurdle for the companies, which said the agreement will close on Wednesday. The combination of the US chip maker and cloud software company is one of the…
China Fines iPhone Maker Foxconn $2,800 Amid Major Tax Probe
Chinese tax authorities handed out a 20,000 yuan ($2,800) fine to a Foxconn Technology Group subsidiary for overstating expenses while Beijing is pursuing a broader probe into the iPhone maker’s …
