Economy Minister Robert Habeck will underline Germany’s resolve to pursue commercial links with China during a visit starting Friday but trade experts say economic and political factors all …
Monthly Archives For June 2024
China asks Visa, Mastercard to cut transaction fees, Bloomberg News reports
China is pushing for Visa and Mastercard to lower their bank card transaction fees in the country, as part of an effort to facilitate payments for foreign visitors, Bloomberg News reported, citing a …
May’s 24 China PP imports up 2.79% m-o-m
[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute investment…
Hong Kong stocks will resume their rally soon as Beijing support lifts sentiment: analysts
Hong Kong stocks could enjoy a better second half to the year following their recent decline, as global interest rates start to come down and more supportive measures in China provide a boost, analysts and…
Russia-North Korea pact could dent China’s influence, but Beijing still holds sway over both
China appears to be keeping its distance as Russia and North Korea move closer to each other with a new defense pact that could tilt the balance of power among the three authoritarian states. Experts…
China has spent at least $230 billion to build its EV industry, new study finds
China spent $230.8 billion over more than a decade to develop its electric car industry, according to the Center for Strategic and International Studies. The scale of government support represents 18.
Putin’s AI doctrine seeks semi-automated military as Moscow could look to China for help, expert says
Russia’s urge to catch up to U.S. and China’s AI dominance may cause it to take unnecessary risks, though current doctrine stresses the need to keep humans in the loop on decisions.
Historic flooding in China’s Guangdong kills nine, warnings issued for other areas
Nine people have died and six are missing after downpours in recent days caused historic flooding in rural parts of Guangdong province in southern China, after the province saw heavy rains that destro
China talks up support for IPOs. Investors are watching the speed of approval
Chinese authorities this week announced new policy for supporting venture capital, raising hopes for faster approvals of initial public offerings.
Stronger monetary, fiscal policy coordination urged as China’s treasury-bond trade nears
With Beijing set to overhaul its monetary tools by restarting treasury bonds purchases in the secondary markets, China’s central bank and finance ministry are expected to dovetail efforts to support …
Shein sought to reassure US over China supply chain ahead of IPO
Public silence on the use of Xinjiang cotton and Uyghur labour opened the company to a barrage of criticism in the US, where China hawks including Republican Senator Marco Rubio lobbied the US …
Hong Kongers embrace politics in UK, but some still fear Beijing
For Richard Wong, 25, who moved to Britain from Hong Kong two years ago, it “feels strange” taking part in a free election, exercising exactly those rights that he once fought for, knowing that his…
Relentless deadly rains lash southern China as flooding threatens millions
Tens of thousands of people across southern China have been evacuated, with many more potentially at risk, as deadly torrential rains continue to lash the region, causing flash flooding and mudslides.
