Minister of Foreign Affairs and International Cooperation Prak Sokhonn will lead a delegation on an official visit to Hangzhou City in China’s Zhejiang province from December 3-5.
FINANCE
China Dongxiang Sees Big Financial Loss
A RMB 661 million ($102.2 mm) investment loss for the Chinese footwear and apparel brand resulted in a net loss attributable to shareholders of RMB 747,949,000 ($115.6 mm) compared to income of RMB 1, …
China: Central Bank performs (CBS) procedure
Nov. 30 the People’s Bank of China performed the central bank bills swap (CBS) procedure in 2021, for its 11 round, to enhance the liquid …
Growth supports financial stability
What does this mean for China’s post-pandemic economic recovery and growth prospects? To begin with, the energy crisis that started when a rapid increase in exports, driven by the global recovery, …
Kamala Harris-led Space Council faces challenges from Russia and China
The Biden administration faces national security challenges in space as Vice President Kamala Harris prepares to chair her first Space Council meeting.
China’s Hypersonic Vehicle Can ‘Park’ In Orbit, Warns a Space Force Official
The United States Space Force Lieutenant General Chance Saltzman says that China’s hypersonic glider has the ability to stay in orbit for an extended period of time.
Despite Xi’s Pledge, China Is Financing Coal Power Plants in Bosnia and Herzegovina
Despite a pledge to stop financing coal power abroad, overseas coal power plants financed by Chinese banks and state-owned enterprises are still moving forward – including in Bosnia and Herzegovina.
UPDATE 1-Overconfident China could make miscalculations, British spy chief says
An overconfident and assertive China under President Xi Jinping and Communist Party rule risks making miscalculations on the international stage, including underestimating the resolve of the United …
Central Bank Digital Coins Could Disrupt Banking Systems, Raise Privacy Concerns
With the proliferation of cryptocurrencies, governments are grappling with the challenge of regulating these new currencies. Cash in circulation continues its decline as electronic payments surge. To …
China concerned about impact of omicron Covid variant on Winter Olympics
China says the omicron variant of the coronavirus is a concern for organizers of the Beijing Winter Olympics but it remains confident the games will be held as scheduled in February. The new variant …
China Education Resources Inc. Increased Revenue for Q3 2021
China Education Resources, Inc. (TSXV: CHN) (OTCQB: CHNUF) (“CER”) a leading ed-tech company with a technology platform of intelligent systems and content is pleased to announce increased revenues of …
China’s lottery sales near 30 bln yuan in October
China’s lottery ticket sales totaled 29.39 billion yuan (about 4.6 billion U.S. dollars) in October, down 4.3 percent year on year, data from the Ministry of Finance showed Tuesday. Sales of lottery …
China is forced to deny rumor that it will take control of Uganda’s international airport should the country default on $200million loan from Beijing
The denial followed reports in the Daily Monitor newspaper last week that Uganda could surrender Entebbe International Airport should it default on a $200million 2015 loan from Beijing.
