Congress increasingly has its eye on American capital that’s allegedly funded China’s military development, indicating that greater scrutiny on U.S. investments into China may outlast presidential …
Monthly Archives For March 2024
China central bank says it has room to cut bank reserve ratio further
China has room to further cut banks’ reserve requirement ratio (RRR), among other policy tools at its disposal, a deputy central bank head said on Thursday, underlining market expectations for more …
Alibaba’s Ex-CEO Joins Mystery Beijing Fund Months After Exit
(Bloomberg) — Former Alibaba Group Holding Ltd. chief Daniel Zhang has joined a little-known Chinese investment fund, a surprise twist to a long career during which he oversaw the rise and decline of …
China’s fiscal revenue down 2.3% in first two months of 2024
BEIJING – China’s fiscal revenue fell 2.3 percent year-on-year in the January-February period, but rose 2.5 percent after adjusting on comparable basis, Deputy Finance Minister Liao Min said Thursday.
China boosts crude oil stockpiling, but higher prices may see import pullback: Russell
China boosted inventories of crude oil in the first two months of the year, a move that gives refiners options to trim imports in coming months if they deem prices have risen too high.
China’s consumer lenders set for shakeout as new rules raise the bar
China’s tightening of rules for consumer finance companies is likely to force consolidation in the roughly $120 billion sector that provides high-interest loans for millions of people shut out of …
‘Hong Kong is China’s Hong Kong’: Beijing hits back at U.S. for ‘slandering’ city’s new security law
China’s embassy hits back against U.S. criticism of Hong Kong’s new national security law, urging the U.S. to “respect China’s sovereignty.” …
China is building its military on a ‘scale not seen since WWII’ and is on track to be able to invade Taiwan by 2027: US admiral
“We must go faster,” US Adm. John Aquilino urged lawmakers repeatedly during a two-hour hearing on security in the Indo-Pacific.
China’s Tibet offers college exam takers a spot if their parents invest $400,000
Tibet is luring investors from elsewhere in China with a promise to let their children take university entrance exams there in return for an investment of at least $400,000, an unusual move to exploit …
China’s Central Bank Hints at More Monetary Easing
China’s central bank hinted at more monetary easing ahead and pledged more support for technological innovation, as Beijing doubles down on efforts to juice up its economy and manufacturing sector.
China central bank has room to cut bank reserves ratio further, deputy governor says
The deputy governor of China’s central bank said on Thursday there is ample monetary policy room to deliver further cuts to banks’ reserve requirement ratio (RRR), underlining market expectations for …
Grisly teen murder case shocks China and shines a light on ‘left behind’ children
The alleged murder of a 13-year-old boy by his classmates in rural northern China has shocked the nation, igniting heated debates about school bullying, juvenile crime and the plight of tens of …
China’s Wang Yi has ‘big picture’ talks with former Australia PM Keating
Chinese Foreign Minister Wang Yi met former Australian Prime Minister Paul Keating on Thursday and highlighted Beijing’s desire for U.S. ally Australia to have an independent foreign policy, Beijing …
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