Mainland China was mixed as foreign investors were net sellers of … but there was an all-star press conference held by financial department heads today after the Mainland’s close. Participants …
Monthly Archives For March 2024
China’s BYD to spend US$55 million on buy-back of Shenzhen-listed shares as world’s largest EV maker eyes higher market value
The Shenzhen-based company expects to complete its share repurchase scheme within 12 months of the plan’s approval by shareholders.
India opens new naval base near Maldives amid tense ties and with eye on Beijing
India on Wednesday opened a new naval base on its Indian Ocean island close to the Maldives, as ties with Male remain tense and New Delhi jostles anew with China for influence in the region.
South China Sea: Philippines accuses Beijing of ‘deliberately stirring up trouble’ in disputed waters
Manila said China is ‘maliciously inciting hype’ in the waterway, which was wide enough for both countries to peacefully coexist.
Raw duck and goose intestines illegally imported from China to US, federal officials say
Six people were arrested in New York on Tuesday on charges of illegally importing thousands of pounds of raw duck and goose intestines from China to New York, federal officials said.
Customs registration of China’s EVs will harm EU economy, supply chains
If EU policymakers plan to register Chinese electric vehicle (EV) imports as reported, they should think twice before taking action. Customs registration will inevitably deal a heavy blow to market …
China’s Feud With US Treaty Ally Deepens
A maritime expert warns the South China Sea clashes could turn deadly if the U.S. and the Philippines don’t clarify their defense treaty.
Hong Kong should use its ‘super roles’ to help China become financial powerhouse, top Beijing official in city says
Liaison office chief Zheng Yanxiong describes city as ‘super treasure bowl’ for gathering capital and ‘superconnector’ aligned with global regulations.
China needs a new roadmap to reinvigorate its economy, and bold reforms are key
Reforms could be unveiled at the long-delayed third plenum of the CPC’s elite Central Committee. Read more at straitstimes.com.
China’s securities regulator vows to protect small investors’ interests, strengthen market regulation
Protecting the legitimate rights and interests of investors, especially small and medium-sized consumers, is the core task of t Wu Qing, chairman of the CSRC, China’s top securities regulator, said in …
Philippines won’t allow China to remove its military outpost in a disputed shoal, its navy says
The Philippine navy says it will not allow China to remove a Philippine military outpost in a fiercely disputed South China Sea shoal where four Filipino navy personnel were injured in a confrontation …
China Mocks Logic Behind Biden’s Electric Car Concerns
President Joe Biden has instructed the Commerce Department to investigate the security threat posed by China’s electric cars.
China says economy got a strong start in 2024, sets sights on latest technology, upgrading factories
Top Chinese financial officials have outlined details of the ruling Communist Party’s plans for the year, saying a 5% target for economic growth is within reach after a strong start to the year.
