Getty Images Beijing on Wednesday launched a probe into EU subsidies of some dairy products imported into China, the day after the bloc said it planned to impose five-year import duties of up to 36…
Monthly Archives For August 2024
China authorises 11 new nuclear reactors in $31bn investment
China’s State Council has approved 11 nuclear reactors across five sites in the provinces of Jiangsu, Shandong, Guangdong, Zhejiang, and Guangxi. With a total investment of 220bn yuan ($31bn), …
HKEX Posts Quarterly Profit Growth as IPO, Trading Activity Picks Up — Update
concerns about China’s economy and foreign investors exiting the city, factors that have chipped away at Hong Kong’s reputation as a destination for global listings. The Hong Kong exchange operator …
China to probe European dairy imports as trade dispute escalates
Beijing is investigating whether dairy producers in the European Union receive unfair government subsidies, marking the latest salvo in an escalating trade dispute.
China Merchants Bank former VP under investigation for violating law, watchdog says
China Merchants Bank’s former vice president Ding Wei has been placed under investigation for suspected severe violation of law and discipline, China’s Central Commission for Discipline Inspection …
China’s No. 2 official travels to Russia to ‘deepen’ ties as Ukraine war grinds on
Chinese Premier Li Qiang is set to meet with Russian leaders in Moscow Wednesday during a four-day trip to Russia and its ally Belarus as Beijing shrugs off Western criticism of its robust Kremlin …
China bans risky trusts from selling wealth products for LGFVs
CHINA told some trust companies to stop raising money from individuals to fund local government financing vehicles, according to people familiar with the matter, in its latest effort to curb growing financial risks.
China’s Real Estate Sector in Decline
This chart shows the operating profit and number of finished apartments of real estate developers in China (in billion Chinese Yuan).
Conflux and China Mobile’s Migu Debut World’s First Blockchain-Based Video Ringtone
The first release from this partnership is set to make history as the world’s first public blockchain-based digital collectible video ringtone. Titled the “MIGO and His Friend ConFi” series, it will …
China opens anti-subsidy probe into EU dairy imports in push back against EV tariffs
China opened an anti-subsidy probe into imported dairy products from the European Union on Wednesday, stepping up tension with the bloc a day after Brussels released its revised draft decision to …
LVMH’s Sephora Cuts Around 10% of Staff in China as Woes Deepen
Cosmetics retailer Sephora is cutting hundreds of staff in China, according to people familiar with the matter, as one of LVMH’s biggest brands tries to turn around a loss-making operation in the …
China’s National Development Bank issues $1.7 billion of green bonds
Photo/VCG] BEIJING – China’s National Development Bank (NDB), a key policy bank, has successfully released 12 billion yuan ($1.7 billion) in the form of three-year green financia …
China opens investigation into EU dairy exports as trade tensions flare
The Commerce Ministry previously opened investigations into European brandy and pork exports at various stages of the EU investigation into Chinese subsidies for electric vehicles. The tit-for-tat …
