BEIJING, March 21 (Reuters) – China’s monetary policy needs to focus on supporting economic growth in a targeted way while also reducing financial risks, the central bank head said. “Monetary policy … ( read original…
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China reports 12 new COVID-19 cases vs four a day earlier
China reported 12 new COVID-19 cases on March 20, up from 4 cases a day earlier, the country’s national health authority said on Sunday. ( read original story …)
China, U.S. to work on climate, Beijing says after rancorous meeting
BEIJING (Reuters) – China and the United States will set up a joint working group on climate change, China’s official Xinhua news agency said, in a potentially positive takeaway from what was an … (…
American Account: Beijing is the fly in the climate soup
Done and dusted. The so-called Covid relief bill is passed and signed; the cheques are out and the clock is ticking down to the spending explosion; cities are trying to figure out how to spend…
China Buys More Iranian and Venezuelan Oil, in a Test for Biden
Rising oil shipments to China followed President Biden’s offer of relief to Iran in return for the country’s compliance with an international nuclear agreement and to Venezuela if it organized free … ( read original…
China ‘speeding up’ drive to switch key imports away from unfriendly democracies
China is speeding up efforts to source more imports from stable autocratic regimes and reduce its trade dependency on democratic countries such as Australia, says global risk consultancy Verisk … ( read original story …)
Musk denies Teslas are used for spying in China
Elon Musk, the chief executive of the US electric carmaker Tesla, says his firm would be “shut down” if its vehicles were used for spying on China.His comments came in response to reports that China’s…
China’s Geely Plans New Electric-Car Brand to Take On Tesla
Chinese automaker Zhejiang Geely Holding Group Co. plans to launch a new brand of electric cars, according to people familiar with the matter, as the owner of Volvo seeks to become more competitive in ……
Coronavirus: Egypt receives second shipment of vaccine as gift from China
Egypt on Saturday received a second shipment of coronavirus vaccine donated by China, officials said, as the Arab country tries to speed up its vaccination campaign. The 300,000-dose shipment of the … ( read original…
Tense Talks With China Left U.S. ‘Cleareyed’ About Beijing’s Intentions, Officials Say
The Biden administration’s strategy to curb Beijing faces a stiff challenge as China uses its economic, diplomatic and military might to deflect criticism. ( read original story …)
China Diesel Exports Jump in February As Holidays Hit Demand
(Bloomberg) — Outbound diesel shipments from China jumped last month as Beijing’s move to release more fuel export quotas lifted flows, and factory activity slowed over the Lunar New Year holidays in … ( read…
Bitter summit shows no reset in chilly US-China relations
Biden also recently held the first summit of the “Quad”, a partnership with Japan, India and Australia designed to counter Chinese influence. While the US statement in Alaska angered the Chinese … ( read original…
UPDATE 1-Fed policy changes could hit China capital inflows -c.bank adviser
Expected policy changes by the U.S. Federal Reserve could have an adverse impact on China’s capital inflows, Wang Yiming, a newly appointed policy adviser to the central bank, said. Capital inflows … ( read original…
