Analysis – China’s relationship with Africa is set to deepen. At a summit in Beijing in early September, China’s president, Xi Jinping, pledged to deliver US$51 billion (£39 billion) in loans, investment and aid to…
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China’s coal use and output are rising, even as renewables surge: Russell
China’s thermal power generation returned to growth in August for the first time in four months, but it still lagged the increase in overall electricity output as renewables continued to surge.
Trump in Flint: China will ‘dominate’ EV race, Michigan an auto industry ‘afterthought’
Former President Donald Trump is scheduled to begin speaking at about 7 p.m. on a stage inside Dort Financial Center in Flint.
China’s Shanghai hit by most powerful typhoon in 75 years; life disrupted, flights affected
Shanghai faced severe disruption as Typhoon Bebinca, the strongest storm in 75 years, hit the city. Over 400,000 residents were evacuated, flights and train services were suspended, and popular attractions closed.
China’s tech giants buy into Indonesia – just like US tech giants did in India
GoTo commits to the Alibaba Cloud, and Alibaba promises not to sell its stake Chinese tech giant Alibaba showed it’s not just Meta, Google and Amazon that can use their financial heft to buy a…
China fines PwC over illegal audit service for Evergrande
CHINA’S Ministry of Finance (MOF) and the China Securities Regulatory Commission (CSRC) on Friday announced ‘maximum’ penalties on global auditing firm PricewaterCoopers (PwC) over its failure to …
How China’s ‘Shein village’ grabbed the fast fashion supply chain
Thousands of factories depend on the retailer but rivals are putting pressure on a model based on speed and thin margins …
Bank of China supports start-ups, SMEs in Hengqin to diversify Macau-area economy
BOC has supported start-ups and SMEs in Hengqin as part of the country’s effort to diversify Macau’s economy, a senior executive said. Bank of China has supported the expansion of start-ups and small- …
Cash-strapped Sri Lanka eyes China development
Sri Lanka’s economic collapse was partly blamed on struggling high-debt Chinese mega-projects, but candidates in Saturday’s presidential election are banking on at least one of them to buck the trend.
China’s Central Bank Delays One-Year Loan Operation Again
(Bloomberg) — China’s central bank announced it will inject one-year liquidity to domestic lenders on Sept. 25, marking another delay amid a broad overhaul of its policy toolkit. Most Read from …
Beijing subway enables payment by foreign bank cards
Beijing has upgraded more than 20,000 pieces of equipment at subway stations to facilitate the new payment initiative, which was announced at the 2024 China International Fair for Trade in Services, …
Beijing’s top diplomat in Hong Kong to address British Chamber of Commerce in first keynote speech
Cui Jianchun will ‘share the spirit’ of the Communist Party’s third plenary session of the 20th Central Committee and its ‘implications for international business in Hong Kong’.
Why China is seeking greater presence in Africa – the strategy behind its financial deals
China’s relationship with Africa is set to deepen. At a summit in Beijing in early September, China’s president, Xi Jinping, pledged to deliver US$51 billion (£39 billion) in loans, investment and aid …