The latest restrictions on investment data come as Beijing battles to shore up market confidence in the face of concerns about China’s slowing economy and the impact of a slow-burning crisis in …
Monthly Archives For August 2024
China’s restrictions on antimony could lead to ‘another flashpoint with the West’
China is to introduce restrictions on antimony exports and this could lead to another flashpoint with the West over control of critical minerals, according to
China considers allowing refinancing on $5.4 trillion in mortgages, Bloomberg News reports
China is considering allowing homeowners to refinance as much as $5.4 trillion in mortgages to reduce their borrowing costs, Bloomberg News reported on Friday, citing people familiar with the matter.
China’s cabinet passes draft regulations on data security management
BEIJING, Aug 30 (Reuters) – China’s cabinet has passed draft regulations on data security management, state media said on Friday. At a meeting on Friday, the cabinet said it was necessary to …
Oil prices face pressure from slow China demand and inventory rise – Reuters poll
Analysts have lowered their 2024 oil price outlook due to weak fuel demand from leading importer China and rising inventory levels as Saudi Arabia and OPEC+ allies prepare to ease some output cuts …
China to apply tariff rates agreed in FTA early harvest arrangement on certain imports from Honduras
BEIJING — China will apply tariff rates agreed in an early harvest arrangement for the bilateral free trade agreement signed with Honduras on some imported products from the latter, the Customs …
China’s int’l trade in goods, services up 12 pct in July
BEIJING, Aug. 30 (Xinhua) — The value of China’s international trade in goods and services reached approximately 4.24 trillion yuan in July 2024, marking an increase of 12 percent year on year, …
PwC, a ‘Big 4’ auditing firm, is reportedly bracing for a 6-month ban in China
A PwC China spokesperson said it was not appropriate to comment … Recommended reading: In our new special issue, a Wall Street legend gets a radical makeover, a tale of crypto iniquity, misbehaving poultry royalty,…
Baidu-backed Chinese autonomous trucking firm expects to be profitable in 2025
By Qiaoyi Li and Kevin Krolicki BEIJING (Reuters) -Chinese autonomous driving startup CiDi expects to turn profitable next year with its offering of software and services focused on mining and factory …
China and Russia to Expand Scientific Cooperation in Arctic: Report
The plan for more Arctic ties with strategic ally Russia comes as China sends record number of icebreakers and engages in potential dual-use military research.
China’s ICBC Plans First Interim Dividend as Profit Falls
Industrial & Commercial Bank of China Ltd. announced its first ever interim dividend even as the nation’s largest bank battles falling profits and record low margins.
China’s market regulator says e-commerce giant Alibaba has completed three-year ‘rectification’ period
China’s State Administration of Market Regulation issued a statement on Friday saying Alibaba Group had completed three years “rectification” following a fine levied in 2021 for monopolistic behaviour …
Why Companies Are Exiting China And What Leaders Can Do About It
Political tensions, cybersecurity, and rule-of-law concerns are driving decisions. IBM, the latest China casualty, announced they are shutting down their R&D facility.
