China’s flow of crude oil into inventories faded over the second half of last year as the world’s top importer reduced purchases in response to higher prices.
Monthly Archives For January 2024
‘The price of love’: forgiving man in China seeks clemency for swindling, married ‘girlfriend’ who milked US$280,000 from him over 5 years
A man in China who insisted on forgiving a married woman who pretended … The Shanghai resident, who uses the alias Wang Yuan, slipped into debt by giving financial support to his girlfriend, …
China Goes Crazy Over Cristiano Ronaldo as 9X Increase in Tourism for Al Nassr’s Friendly in Shenzhen
Cristiano Ronaldo is set to arrive in China soon. This has evidently created quite a buzz in the country. After all, during his previous visit, his stunning free-kick goal left fans in disbelief.
Navigating Stablecoin Regulations: China Tightens Grip, Hong Kong Sets Licensing Pat
In a contrasting approach to cryptocurrency regulation, while China intensifies its crackdown on the use of stablecoins like Tether (USDT), Hong Kong is taking steps towards establishing a legal …
China jobs: further cracks appear in iron rice bowl as bus operator ponders asking staff to become entrepreneurs
State-backed Zhengzhou Public Transport Group is seeking internal opinions on its plan to encourage employees to start their own businesses Jobs with public sector or state-owned firms have been seen …
China’s gaming stocks climb on report regulatory official removed
Chinese gaming stocks rose on Wednesday to outperform a weak broader market, after Reuters reported China removed a gaming regulatory official.
Hong Kong’s IPO Drought Casts Pall Over Region’s Businesses
A dearth of initial public offerings in Hong Kong is causing companies to suffer cash crunches and put off expansion plans.
China unveils guideline to improve processing trade
BEIJING – Chinese authorities have rolled out a guideline to improve the development of the processing trade. The guideline, released by the Ministry of Commerce (MOC) and nine other government …
Two key military appointments from China’s naval ranks reflects Xi’s territorial ambitions, analysts say
When Xi Jinping named Adm. Dong Jun as China’s defense minister last week, it marked the first time a naval officer has been elevated to that position, and analysts say it gives a clear indication…
China’s capital rolls out no-no list for officials dealing with Beijing’s entrepreneurs, but more needed to tackle ‘sore points’
Municipal commission for discipline inspection in Beijing lists 10 categories of wrongdoing for its officials when dealing with entrepreneurs in the Chinese capital amid efforts to jump-start the …
China could be on track to dominate the world’s EV market, even if not in the U.S.
Chinese automaker BYD likely beat Tesla’s total vehicle sales in 2023, making it the world leader in clean energy vehicles.
FTAs spur China’s trade, partners’ economies
To further enrich bilateral business ties, China signed FTAs with Serbia and Ecuador in 2023. Once these FTAs come into effect, as much as 90 percent of the goods traded between China and Ecuador will…
Passenger drone center launched in Shenzhen
Photo/VCG] China’s tech hub Shenzhen has launched the nation’s first urban air mobility demonstration center, marking a substantial leap forward for aerial sightseeing services. The UAM center …
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