President Xi Jinping appealed to Russia and Ukraine to restart peace talks, according to reports in China, and warned “there is no winner in a nuclear war”, as Beijing attempts to act as a peace…
FINANCE
China Recognizes Ukraine’s Right to Exist. National Security Tensions Still Grip the Global Economy.
A call between Xi Jinping and Volodomyr Zelensky ended awkward questions about China’s belief in Ukraine’s sovereignty. But geopolitical differences still loom.
China’s Tech Funders Worry They Could Be the Next Silicon Valley Bank
The downfall of (SVB) initially rattled China’s tech startups and venture capitalists (VCs). Thus far, its direct impact on China’s tech and venture capital industries has been minimal. Nonetheless, …
China’s Ping An Insurance posts 48.9% rise in Q1 profit
Co of China Ltd saw a 48.9% rise in first-quarter net profit as its investment income improved, China’s largest insurer by market value reported on Wednesday.
China’s controversial property tax appears to clear major hurdle, but questions remain on start date
Implementation of a national household registration system after a decade-long effort could usher in a property tax that would help alleviate local-level government debt pressure and narrow wealth gap …
China’s banking sector’s bad loan ratio declines- regulator
China’s banking sector saw its non-performing loan ratio decline 0.09 per centage points year-on-year to 1.68 per cent at the end of the first quarter this year, the sector’s regulator said on …
Global Watch | China Chronicles: How China is ‘hijacking’ the global institutions
China has systematically infiltrated not only the various bodies of the United Nations but also several other global institutions. US Congressional Service, Rand Corporation, German Marshall Fund (GMF …
Yuan overtakes dollar to become most-used currency in China’s cross-border transactions
The yuan was used in 48.4% of all cross-border transactions, Reuters calculated, while the dollar’s share declined to 46.7% from 48.6% a month earlier …
China’s central bank digital currency takes a bigger place on WeChat’s platform
China’s central bank has been trying to ramp up the adoption of digital yuan, or e-CNY, which forms part of the country’s monetary base, M0. The bank has a designated app for e-CNY that crossed…
China economic growth up but major problems mount
The Chinese National Statistics Bureau said while the first quarter had “made a good start” domestic demand remained “inadequate” and the “foundation for economic recovery is not solid yet.” …
AI may put half of China’s jobs at risk. We asked ChatGPT for career advice
Analysing a company’s business status, identifying financial risks and preparing financial reports are some examples of how generative AI services could take on some of the workload of the …
US institutions caved to China, give Jimmy Lai the Nobel Prize and other commentary
US media “took three years longer than most ordinary people” to conclude that “Chinese malevolence and subterfuge helped spread COVID.
Jeffrey Sachs on China’s “Historic” Push for Multipolar World to End U.S. Domination
China is taking an increasingly assertive role in world affairs, helping to broker a restoration of relations between Iran and Saudi Arabia, offering a 12-point peace plan for Ukraine, and …
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