China’s central bank kept the medium-term lending facility (MLF) rate unchanged at 2.50%, aligning with market expectations. The decision reflects concerns over narrowing bank profit margins and a …
Monthly Archives For June 2024
China Says Launches Anti-dumping Probe Into EU Pork Imports
China said Monday it had launched an anti-dumping investigation into imports of pork and pork by-products from the European Union.
SMM analysis of China lithium concentrate imports
In April 2024, China’s import volume of lithium concentrate was equivalent to about 39,393 mt LCE. The increase in port arrivals of lithium concentrate in April was significantly driven by the Q1 NEV market growth,…
Excited Hong Kong passengers ride on new high-speed sleeper train to Shanghai, Beijing
On June 16, passengers got off the high-speed sleeper D909 train bound for Hong Kong’s West Kowloon Station and went straight to visit M+ Museum and the Hong Kong Palace Museum in the West Kowloon…
China opens anti-dumping probe into imported pork, by-products from EU
China’s commerce ministry said on Monday it has opened an anti-dumping investigation into imported pork and its by-products from the European Union, escalating tensions after the bloc imposed anti-subsidy duties on Chinese-made electric cars.
Race to Nuclear Supremacy: China’s Technological Edge Over the U.S.
The U.S. lags up to 15 years behind China in high-tech nuclear power development, due to Beijing’s state-backed technology and extensive financing. While China rapidly advances with 27 reactors under …
Race to Nuclear Supremacy: China’s Technological Edge Over the U.S.
The U.S. lags up to 15 years behind China in high-tech nuclear power development, due to Beijing’s state-backed technology and extensive financing. While China rapidly advances with 27 reactors under …
US 15 years behind China on nuclear power: Report
The United States is lagging behind China by up to 15 years in the development of advanced nuclear power technology, primarily due to Beijing’s advantage to its state-backed approach to technology and …
Beijing offers visa-free entry to Australians with defence talks flagged to avoid military clashes
The Chinese Premier also announced that Beijing would soon offer visa-free travel to Australians, a privilege currently enjoyed by several European nations and New Zealand. “We agreed to provide each …
China new home prices fall at fastest rate in nearly 10 years; French political uncertainty weighs on markets – business live
Rolling coverage of the latest economic and financial news. Deutsche Bank: The French market is in the eye of the storm 07:51 The last two or three weeks have been seismic in terms of election…
China continues to lift crude oil stockpiling amid weak refinery runs: Russell
China added more than 1 million barrels per day (bpd) of crude oil to stockpiles in May as soft imports were outweighed by even weaker refinery processing volumes. A total of 1.08 million bpd was…
China’s factory output disappoints, property sector stuck in doldrums
BEIJING (Reuters) -China’s May industrial output lagged expectations and a slowdown in the property sector showed no signs of easing despite policy support, adding pressure on Beijing to shore up …
China’s Central Bank Maintains Key Policy Rate, Eases Liquidity, What You Need To Know
China’s central bank kept a key policy rate unchanged on Monday, as expected, while rolling over maturing medium-term loans and reducing..|News Track …
