The People’s Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year LPR at 3.85%.
Monthly Archives For September 2024
China local finance chief’s killing sparks shock and speculation
HONG KONG — The killing of a key financial official in the central Chinese province of Hunan has triggered a flurry of speculation in the country’s media and online platforms.
Japanese child’s fatal stabbing in China is an ‘isolated case’, Beijing says
Diplomat in Guangzhou calls for measures to prevent similar incidents and for China to provide truth about incident to Japan: Kyodo.
Final preparations underway for China to resume Japan seafood imports, NHK says
Japan and China are making final preparations towards the resumption of imports by China of Japanese seafood and other marine products after regulatory monitoring of radioactive water was expanded, …
Divorce is on the rise in China. For some, that means big business
A budding divorce economy underscores China’s changing attitude towards marriage and a deepening demographic crisis facing the world’s second-biggest economy
Study supports COVID-19 origin theory linked to Wuhan animal market
A new peer-reviewed paper presents evidence that the COVID-19 pandemic started in a seafood market in Wuhan, China, where many of the first cases of the disease were identified. The paper, …
A new genetic analysis of animals in the Wuhan market in 2019 may help find COVID-19′s origin
Scientists searching for the origins of COVID-19 have zeroed in on a short list of animals that possibly helped spread it to people, an effort they hope could allow them to trace the outbreak back…
New submarine detector shows ‘tremendous potential’ in South China Sea tests
Shanghai team use seabed to monitor low-frequency signals in new approach that captured electromagnetic waves 20km away.
Morning Bid: Central bank baton passes to Japan, China
A look at the day ahead in Asian markets. A bumper week of central bank meetings that included the U.S. Federal Reserve on Wednesday and the Bank of England on Thursday rounds off on Friday…
China-Linked Attack Hits 260,000 Devices, FBI Confirms
FBI reports a massive China-linked cyberattack that compromised 260,000 devices, highlighting severe security concerns for organizations globally.
Arden Hills-based Intricon’s hearing business acquired by China-based customer
Intricon Corp. has sold its hearing business to inHearing Technology Inc., an arm of a Chinese med-tech company. The new owner, a subsidiary of Huizhou Jinghao Medical Technology Co. Ltd., wants to …
New analysis of samples from Wuhan animal market supports its role as a central site of early spread of Covid-19
After an in-depth analysis of the genetic material from hundreds of swabs taken from the walls, floors, machines and drains inside the Huanan Seafood Wholesale Market in Wuhan, China — a site that’s …
With China’s Upwardly Mobile, Crashing Out Of The Luxury Market
New reports indicate that luxury sales in mainland China have fallen by approximately 10% so far this year, and talking to those who used to buy European brand bags and clothes, it’s going to be…
