The Communist Party expects banks, pension funds, insurers and other financial organizations in China to follow Marxist principles.
Monthly Archives For December 2023
(LEAD) S. Korea considering subsidies to companies seeking urea imports from other than China
South Korea’s industry ministry said Wednesday it is reviewing giving subsidies to companies that seek to diversify supply channels of urea amid concerns over another urea supply crisis due to China’s …
Thai-Based China Trade Group Says Man Named in Crypto Scam Report No Longer a Board Member
(Reuters) – A Chinese businessman who featured in a Reuters investigation into crypto-investment fraud is no longer a board member of a Bangkok-based trade group he had represented, the group said on …
Nvidia working with US to make sure new China chips adhere to export curbs – report
CEO Jensen Huang said the company is working closely with the U.S. government to ensure new chips for the Chinese market are compliant with U.S. export restrictions, Reuters reported. Last month, it …
China imports over 1.4 million tons of bananas from Vietnam
Vietnam has become the second largest exporter of banana to China, behind only the Philippines, accounting for 28.2% of the total amount of bananas imported by the market, VOV News quoted figures of …
Thai-China trade group says alleged crypto fraudster has left board
A Chinese businessman who featured in a Reuters investigation into crypto-investment fraud is no longer a board member of a Bangkok-based trade group he had represented, the group said on Monday.
Italian luxury brand Prada looks to double China business in medium term
Prada is looking to double its business in key luxury market China, Chief Executive Gianfranco D’Attis said on Wednesday, even as the country faces slowing growth in luxury demand and significant …
China’s mysterious virus creates havoc across the world: Its symptoms and prevention here
The mysterious disease that originated in China has now spread to America. This dangerous virus spread is known as Mystery Virus. Know the symptoms and prevention measures of this disease.
Beijing launches its 1st satellite from South China Sea
Smart Dragon-3 carrier rocket launched from sea in southern Guangdong province to test internet technologies – Anadolu Ajansı
Chinese media calls Moody’s ‘biased’, govt reaction seen more restrained
Chinese state media called Moody’s “biased” on Wednesday for its negative rating outlook on the world’s No. 2 economy, but some analysts said the government’s official reaction was more restrained, signalling Beijing’s own worries about…
China’s Market In Turmoil As Moody’s Warning Erases Reopening Gains
Moody’s shifted China’s credit rating outlook to negative, citing financial support towards RLGs and SOEs, weak economic growth, and a dip in Chinese stocks.
China Year-End Funding Stress Comes Early in Parts of Market
China’s financial firms are trying to get ahead of the traditional year-end scramble for cash, triggering some early signs of pressure in the country’s money market.
Volkswagen-commissioned audit finds no signs of forced labor at plant in China’s Xinjiang region
An audit commissioned by Volkswagen has found no indication of forced labor at its plant in China’s Xinjiang region, where Western governments have accused the Chinese government of human rights …
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