Policymakers in China are set to introduce a large shot of liquidity to prop up the country’s slumping economy and financial markets. China’s central bank announced Wednesday its largest “economic …
Monthly Archives For January 2024
How Blockchain And AI Are Set To Transform Small Businesses In 2024
Blockchain and AI integrations in SMBs were evident in 2023, and their influence has continued to spread across enterprises globally in 2024 as well. With the global business blockchain adoption rate …
China cuts bank reserves to defend markets, spur growth
China’s central bank will cut the amount of cash that banks must hold as reserves from Feb. 5, the first such cut for the year as policymakers extend efforts to shore up a fragile economic…
Thousands still shelter in freezing weather after 7.1 quake in western China killed key livestock
As aftershocks continued to rock western China on Wednesday, more than 12,000 people were staying in tents and other shelters, lighting bonfires to fend off the freezing weather.
German firms plan to increase China investment in next 2 years despite ‘reality check’ in 2023
Business Confidence Survey released on Wednesday by the German Chamber of Commerce in China highlighted a range of challenges Beijing is seeking to restore trust among China’s foreign business …
Hong Kong and China Stocks Surge on Stimulus Talk, But There Is a ‘But’
Is this the turning point for China plays? Perhaps, but China bulls have been burned too many times to call a bottom.
China smartphone maker Oppo ends protracted legal battle with Nokia, agrees to pay 5G royalties
Oppo did not comment on the deal’s implications for its German business. The Chinese firm is still grappling with legal challenges in Germany, where a Munich court ruled in late December that Oppo …
Apollo-backed aerospace supplier Arconic to sell China business in $300 mln deal- sources
U.S. aerospace supplier Arconic Corp, controlled by private equity firm Apollo Global Management APO.N, is selling its China business in a deal that could value it at as much as $300 million, three …
ASML orders triple in fourth quarter amid soaring demand for advanced chip gear, especially in China
Order bookings rose to €9.19 billion in the fourth quarter from €2.6 billion in July to September in a sign of recovery for the chip industry.
China Moves to Boost Bank Lending in Broad Effort to Prop Up Growth
The central bank made an early move in what is expected to be a broad but restrained campaign to prop up growth this year after a lackluster 2023.
CBA Roundup: Liaoning bags 6th straight win, beating Shenzhen in overtime
CBA defending champions the Liaoning Flying Leopards extended their winning streak to six games after taking down the Shenzhen Aviators 123-119 during …
China and Iran push public diplomacy, but will Beijing’s soft power tactics work in the Islamic Republic?
The visa policy is part of Beijing and Tehran’s push to boost culture, tourism, education and people-to-people exchanges so their citizens can “get to know each other directly”, in the words of …
China’s New Ally Responds to Controversial Spy Ship Visit
Late last year, Beijing was informed that the Xiang Yang Hong 3 would be denied access to Sri Lanka’s Colombo port for a full year in a decision widely seen as responding to India’s concerns…
