The move, which was first announced in September, could help Russian clients do business with China “even more efficiently,” it said at the time. CNN has called and emailed the bank for further …
Monthly Archives For June 2024
China’s express delivery sector logs robust growth in January-April
China’s courier sector saw double-digit growth in both business volume and revenue during the first four months of the year, amid a consumption boom in the …
Chinese manufacturers urge Beijing to hit back at EU electric car tariffs
Chinese carmakers have urged Beijing to hit back against European Union tariffs on electric vehicles (EVs) with the “most severe measures” in the latest sign of global trade tensions…
Rains Lash Southern China as Rising Rivers Threaten More Flooding
Authorities in Guilin, a major city in Guangxi in southwest China, raised a “red” flood warning signal, the highest level, late on Wednesday when the water level of the Li River, which runs through the…
China’s top financial industry officials say Beijing will press on with reforms
Leading industry executives say reforms are the only way to attract foreign investors participate and achieve China’s goal of becoming a financial powerhouse.
CATL plant to come up in Beijing E-town
The Beijing Economic-Technological Development Area, or Beijing E-town, welcomed Contemporary Amperex Technology Co Ltd, China’s largest automotive lithium-ion battery maker, into its fold on Tuesday. The company began construction of its first battery plant in…
Why China is behind Putin and Kim’s budding friendship
As Mr Putin hails his “firm friendship” with Mr Kim, he must know it has a limit. And that limit is Chinese President Xi Jinping. A wary Beijing is watching There are some signs Mr…
Europe’s Big Battery Plans Drained by China, US
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.
Supply Chain Alert: China Temporarily Suspends Urea Exports
China has halted exports of urea once again after two months due to domestic fertilizer supply issues. However, as South Korea diversifies its urea import, the domestic impact is expected to be limited.
China car firms seek 25% tax on EU – state media
C hinese car companies have called on Beijing to hit European Union rivals with import taxes of up to 25% if the trading bloc imposes tariffs on vehicles from China, the country’s state media has…
Chinese media in race to tap tech, AI amid financial crunch and fact-check push
New technology a ‘double-edged sword’ that can drive innovation but also spur misinformation, executives say at industry forum China’s media industry is racing to embrace new technology for …
Philippines demands China return rifles and pay for boat damage after hostilities in disputed sea
The Philippine military chief has demanded China return several rifles and equipment seized by the Chinese coast guard in a disputed shoal and pay for damage in an assault he likened to an act of…
Nasdaq Boosts Scrutiny of Investors in IPOs From China, HK
Nasdaq Inc. is once again increasing scrutiny of small initial public offerings from China and Hong Kong to avoid a repeat of the wild swings that followed a handful of deals two years ago, according…
