China’s CBDC, the digital yuan (e-CNY), has processed nearly $250 billion worth of transactions according to the country’s central bank governor Yi Gang, a more than a 70% increase from August last …
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China’s Guangxi sees foreign trade surge 43.2% in H1
Trade between Guangxi and the Association of Southeast Asian Nations, its largest trading partner, amounted to 161.38 billion yuan, a whopping 92.6 percent growth year-on-year, accounting for 47.6 …
China vows to support private businesses in bid to boost economic growth
China has promised to throw its weight behind private businesses, just days after a slew of economic data showed growth momentum had slumped.
China’s foreign minister goes missing
However this episode ends, it is a reminder that China’s capital, for all its Tesla showrooms and Apple stores and outward marks of globalised modernity, remains a tough place. It is a city of secrets…
Yellen visits Vietnam to build US ties and push supply chain diversity to offset tensions with China
U.S. Treasury Secretary Janet Yellen has told top Vietnamese officials that Washington considers building strong economic and security ties with Vietnam a priority.
A British spy chief who goes by the code name ‘C’ says MI6 channels ‘more resources to China than any other mission’
MI6 chief Richard Moore told Politico that there is a “crucial need to understand both the intent and capability of the Chinese government.”
China imports record volumes of Russian oil in first half of 2023
For the first half of 2023, China imported 11.4mn barrels per day of crude oil, up 11.7 per cent year on year and up 15.3 per cent compared with pre-Covid levels, according to Financial Times…
China June fuel oil imports hit year-to-date high
China’s June fuel oil imports hit the highest for a month so far in 2023, buoyed by firm purchases of Russian oil, data from the General Administration of Customs showed on Thursday. Total fuel oil…
China’s H1 foreign trade hits record high
BEIJING, 20th July, 2023 (WAM) — China’s total goods imports and exports have increased by 2.1 percent year-on-year, reaching 20.1 trillion yuan (approximately $2.81 trillion), according to the …
China’s TCM giant GPHL to import medical herbs from Russia, Indonesia
China’s leading traditional Chinese medicine (TCM) manufacturer, Tuesday announced a plan to import nearly 30,000 tonnes of TCM materials from Indonesia and Russia in the next five years, reports said …
China’s President Xi Meets With Henry Kissinger in Beijing
BEIJING (Reuters) – China’s President Xi Jinping met with veteran U.S. diplomat Henry Kissinger in Beijing, state media reported on Thursday. Copyright 2023 Thomson Reuters.
Xi Jinping meets former US secretary of state Henry Kissinger in Beijing
Chinese leader Xi Jinping met former US secretary of state Henry Kissinger in Beijing on Thursday, state media reported, describing the 100-year-old as a “legendary diplomat”. “On July 20, President …
China’s June Australian coal imports ease but demand remains strong
SINGAPORE, July 20 (Reuters) – China’s coal imports from Australia eased in June from May’s 33-month-high but remained supported by attractive prices and strong demand from utilities for high-quality …