China has once again cracked down on cryptocurrency, this time by banning the mining and trading of Bitcoin and other digital currencies. The latest move …
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There’s more ‘blood on the street’ among smaller property developers across China, says analyst
Andrew Collier of Orient Capital Research discusses the risks in China’s property market and says the fundamental reforms needed to boost China’s economy are not happening.
China Stock Market May Be Stuck In Neutral On Friday
(RTTNews) – The China stock market headed south again on Thursday, one day after ending the two-day slide in which it had dropped almost 40 points or 1.3 percent. The Shanghai Composite Index now sits…
China’s Fiscal Spending Growth Narrows in First Half as Economy Slows Down
China’s fiscal spending will increase in the second half because there are sufficient projects and funds, said Zhang Yu, chief macro analyst at Huachuang Securities. The broad fiscal expenditure …
China’s steps to boost sales of cars, electronics disappoint market
Chinese authorities announced measures on Friday intended to help boost sales of automobiles and electronics with the goal of shoring up a sluggish economy, but the steps failed to impress investors who have been clamouring…
China’s Zhejiang sees robust trade with strong private sector contribution
HANGZHOU – East China’s Zhejiang province reported robust foreign trade growth in the first half of 2023, with the private sector contributing 79.7 percent of total trade, local customs authorities …
China announces steps to boost sales of cars and electronics
As China’s post-pandemic economic recovery slows, policymakers identified the country’s automobile sector as a key lever to shore up growth.
‘I have great respect for you’: Xi Jinping welcomes Henry Kissinger to Beijing
Chinese President Xi Jinping praised the 100-year-old former U.S. Secretary of State as a friend of China who has visited the country over 100 times and who “ushered in the process of the normalization of…
White House regrets Kissinger had better access in Beijing than current US officials
The White House on Thursday expressed regret that Henry Kissinger was able to get more of an audience in Beijing than some sitting U.S. officials, after the former top diplomat held talks in China.
China FX regulator says will use policy measures to stabilize yuan expectations
Monetary authorities have responded to the rapid losses in the yuan in recent weeks by stepping up efforts to defend it.
China-backed AIIB secures World Bank deal
Since its inauguration, the AIIB has signed co-operation agreements with the World Bank, with which it has co-financed a number of deals. It has a AAA rating, important for multilateral banks because it allows them…
China-linked hackers accessed email of U.S. ambassador, officials say
The hack was part of a targeted intelligence-gathering campaign, U.S. officials familiar with the matter said.
China’s First-Ever Lithium Futures Tumble on Trading Debut
China’s first-ever futures for lithium — an essential ingredient for electric vehicle batteries — got off to a rocky start in their first day of trading.