China’s summer harvest is being carried out at full swing, with a bumper harvest expected thanks to a variety of policies and incentives such as one-off subsidies and a higher grain purchase price, …
FINANCE
Nio Stock Should Move Higher as China Incentivizes EVs
Nio (NIO) is an electric vehicle (EV) manufacturer based in China. I am bullish on the stock. Due to COVID-19 lockdowns, it’s been difficult for many Chinese companies to conduct business in 2022.
UPDATE 1-Mass COVID testing announced for Beijing’s Chaoyang district amid ‘ferocious’ outbreak
Beijing’s most populous district Chaoyang announced three rounds of mass testing to quell a “ferocious” COVID-19 outbreak that emerged at a bar in a nightlife and shopping area last week, shortly …
US, China Blame Each Other Over Food Insecurity
China and some Africans blame US for exacerbating looming food crisis caused by war in Ukraine, while Washington accuses China of hoarding grain …
Chinese police thwart online fraudsters about to nab US$3.7 million from woman’s bank account
Online scammers failed in a bid to empty a woman’s bank account of her life savings thanks to an anti-crime app that Chinese police say prevented US$48 billion being stolen in 2021.
Sri Lanka open to buying Russian oil, accepting China’s financial help – PM
Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, Prime Minister Ranil Wickremesinghe said …
China’s Africa affairs chief to visit debt-hit Zambia days after Xi Jinping call with president
President Xi Jinping on May 31 hailed bilateral ties in phone call with counterpart Hakainde Hichilema, who is banking on Chinese help for debt relief.
Sri Lanka PM Ranil Wickremesinghe open to buying Russian oil, accepting China’s financial help
Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, the newly appointed prime minister said. Prime Minister …
China bites back after US ‘smears’, talks of war in Taiwan
China has accused of the United States and its allies of meddling in the South China Sea and warned that its military will crush any attempt by Taiwan to secure independence.
China to build “gene bank” of ancient ceramics
China will establish a “gene bank” of ancient ceramics in east China’s Jiangxi Province, based on data from nearly 20 million pieces of ceramics specimens accumulated in some 40 years, authorities …
Biden tries to curb China’s growing influence in Latin America: Is it too late?
At the Summit of the Americas, President Joe Biden said private sector investment was key to regain ground in relations with Latin America. But China’s powerful banks and state-owned enterprises have …
China credit rebound masks still subdued consumer borrowing
Aggregate financing was 2.79tn yuan ($417bn), the People’s Bank of China said on Friday, up from 910bn in April. Financial institutions offered 1.89tn yuan of new loans in the month, but more than 60% …
Hong Kong’s finance chief warns against suspected phishing scam after his picture appears in online adverts
Paul Chan files police report over suspected scam involving adverts with pictures of him to lure victims to cryptocurrency trading platform Online articles include purported interviews with Chan …
