The China-backed Asian Infrastructure Investment Bank said it will suspend business related to Russia and Belarus, which have been hit with massive international sanctions over the Ukraine war. In a …
FINANCE
China Buys Up U.S. Corn, Soybeans as Ukraine War Roils Trade
China is scooping up U.S. corn and soybeans as part of efforts to mitigate the risks to commodity supplies from Russia’s war in Ukraine and slower harvests in South America.Most Read from …
Scott Morrison, Marise Payne fire fresh warning to Beijing amid Russia’s Ukraine invasion
Australia has fired fresh warning shots at China, warning Beijing not to follow in Russia’s footsteps as the invasion of Ukraine enters its second week.
China, Russia trade continues despite Western sanctions, but Beijing ‘will not ride to the rescue’
China bought 50 carriages of barley from Russia, while also sending consumer goods to its neighbour via the China-Europe railway lines despite sanctions imposed over the Ukraine war disrupting major …
‘Two sessions 2022’: with China’s debt and economic outlooks on tap for policy-setting meetings, analysts weigh in
Rebound in infrastructure investment growth seen filling ‘a small part of the gap left by slowing export growth, the large property sector contraction and the rising costs of China’s zero-Covid …
China Likely to Set Lowest GDP Target Since 1990s at Key Meeting
China will likely announce its lowest economic growth target in more than three decades when top leaders gather Saturday for a key political meeting, putting pressure on the government to step up …
India accuses China’s Huawei of tax evasion: Report
Without naming the company, the finance ministry said a major telecoms group did not account for income of ₹400 crore ($52 million) in its books, and showed expenses of ₹480 crore that the firm failed…
India accusing China’s Huawei of tax evasion, government source says
An Indian tax investigation into China’s Huawei Technologies Co. has found the telecoms equipment maker manipulated account books to reduce its taxable income in the country, an Indian government …
1st LD-Writethru: China’s AG600 large amphibious aircraft gets financial-leasing support
The development of China’s AG600 large amphibious aircraft has gained support from the financial-leasing sector, the Aviation Industry Corporation of China (AVIC) announced Thursday. China Aviation …
Beijing-Based Multilateral Lender Suspends Russia-Related Activities
The Asian Infrastructure Investment Bank said Thursday it has suspended all operations with Russia and Belarus, a rare example of the Beijing-based multilateral lender citing geopolitical factors in …
Russian firms are scrambling to open Chinese bank accounts in response to sanctions: report
A worker at a Moscow branch of a Chinese state bank told Reuters that “200 to 300 companies” had made enquiries in recent days.
CHINA X ASIA: The impact of China’s sustainable finance development on Asia’s financial hubs
Registrations will be open from March 7, 2022. If you are interested to join, you may write to us at partners@eco-business.com. China’s promise to reach peak carbon emissions by 2030 and net zero by…
China to limit news notifications to licensed publishers after weeks of discussion about human trafficking and Ukraine
China’s powerful internet regulator has drafted a new law to restrict push notification on topics such as sensitive news items, disasters and celebrity gossip in a new effort from Beijing to curb Big …
