The resurgence of China’s richest tech billionaire might seem like a positive signal of a more permissive market environment. But it’s worth remembering that Beijing remains the ultimate authority to …
Monthly Archives For September 2024
China to Mexico freight surges in Trump, Biden tariff era as companies find ways through the U.S. trade war
A CNBC analysis of trade data reveals a multi-year surge in trade between China and Mexico helping manufacturers and the supply chain avoid Trump/Biden tariffs.
China’s central bank conducts $80.96 billion via reverse repos
China central bank conducted 5719 billion yuan about US8096 billion of seven-day reverse repos at an interest rate of 17 percent Friday …
China-Mexico freight traffic surges in Trump, Biden tariff era, as companies find ways to evade U.S. trade war
A CNBC analysis of trade data reveals a multi-year surge in trade between China and Mexico helping manufacturers and the supply chain avoid Trump/Biden tariffs.
China to ease Japanese seafood import ban gradually
China will soon begin easing an import ban on all Japanese seafood, after alleviating concerns related to monitoring treated wastewater from the Fukushima Daiichi Nuclear Power Plant, officials said …
Seeking to counter China, US awards $3 billion for EV battery production in 14 states
The Biden administration is awarding $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials used for electric vehicles, part of a continuing push to reduce …
Japan and China End Dispute Over Nuclear Plant Wastewater
Japan’s Prime Minister Fumio Kishida announced that the two countries have achieved a “level of mutual understanding.”
Japanese schoolboy mourned in Shenzhen, attack believed to be “isolated incident”
SHENZHEN, Sept. 20 (Xinhua) — The death of a 10-year-old Japanese boy stabbed on his way to school in the southern Chinese city of Shenzhen has sparked public grief and condemnation, while police have detained…
China’s food delivery giant Meituan says its riders out-earn the average worker in Beijing
According to the report, Meituan delivery people who work in major cities and meet the company’s minimum work time requirement took home an average monthly pay of 11,000 yuan (U
China weighs removing major homebuying restrictions to boost demand
Authorities are also mulling fresh measures to shore up the sluggish stock market, the people added, without providing more specifics …
China’s Banks Maintain Key Lending Rates as PBOC Stays Put
Chinese banks maintained their benchmark lending rates for September, as policymakers hold off on further monetary stimulus while financial institutions struggle with record-low profit margins.
China holds key rates after Fed’s cut, but ‘modest’ easing may come later
China’s five-year loan prime loan remained unchanged even after the US Federal Reserve kicked off its rate-cutting cycle.
Exit ban for Taiwanese executive reminder of risks of traveling, doing business in China
Analysts say Beijing’s arbitrary imposition of exit bans against foreign nationals will lead to a drop in tourist numbers and foreign investment …
