According to Kommersant’s sources, Bank of China will refuse to accept payments from any sanctioned Russian bank starting on June 24.
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Russian subsidiary of Bank of China stops accepting payments from Russian banks, sources say
Russian subsidiary of Bank of China stops accepting payments from Russian banks, sources say
According to Kommersant’s sources, Bank of China will refuse to accept payments from any sanctioned Russian bank starting on June 24.
Bank of China limits transactions with sanctioned Russian banks
According to information obtained by the Russian newspaper Kommersant, the Bank of China has decided to suspend cooperation with Russian banks on the US sanctions list, known as the SDN (Specially …
China Floats Perks for German Carmakers in Bid to Stop EV Levies
China floated lowering its existing tariffs on large-engine cars in return for scrapping planned EV levies on imports from the Asian nation, said the people, who spoke on condition of anonymity to …
China’s shirt-and-tie car makers join EV upstarts in live streaming to shed stuffy image
Competition in China’s cut throat car market is pushing even senior legacy auto executives to take up live streaming to promote sales. The jeans-and-jacket-wearing electric vehicle start-up bosses …
Beijing Urges EU to Scrap EV Tariffs Amid New Trade Talks
Beijing has called on the EU to cancel impending tariffs on Chinese electric vehicles, as both sides prepare for new trade talks. The EU plans to impose provisional tariffs up to 38.1% on Chinese EVs…
Why Cambodia Matters to the U.S.-China Rivalry
For China, this control serves a greater strategic purpose. In Cambodia, and in the regime of Hun Manet, it now has an “ironclad ally” beholden on its investment. Around 40% of Cambodia’s $10 billion foreign…
China employing ‘gray zone tactics’ at contested Second Thomas Shoal, Lowy Institute’s Yaacob says
Beijing is employing “gray zone tactics” against the Philippines in the South China Sea, says Lowy Institute’s Rahman Yaacob, following a recent clash at a contested shoal. China may continue its aggression,
Australian Wine Sector a Worrying Case Study for EU Industries in China Trade Spat
China’s EU brandy imports, for example, are dominated by French cognac, which cannot be produced anywhere but the Cognac region in France. Such industries can diversify their sales. But building new markets takes time, Australian…
India’s LNG surge supports Asia’s imports in June
Asia’s imports of liquefied natural gas (LNG) are expected to dip slightly in June from May, with strength in India holding up the top-buying region’s appetite for the super-chilled fuel.
Chinese Property Stock Soars 70% on Billionaire Owners’ Spinoff Plan
He Xiangjian took Midea Real Estate public in 2018. Now he is planning to privatize the bulk of the business. (Imagine China/Reuters) As China’s real-estate crisis rumbles on, one of the country’s …
Chinese Property Stock Soars 70% on Billionaire Owners’ Spinoff Plan
He Xiangjian took Midea Real Estate public in 2018. Now he is planning to privatize the bulk of the business. (Imagine China/Reuters) As China’s real-estate crisis rumbles on, one of the country’s …
Chinese developer Midea Real Estate’s Hong Kong shares surge 100% on spin-off plan
Shares of Midea Real Estate Holding more than doubled in intraday trading on Monday after the company announced a plan to privatise its property development arm, a move that could cut risks associated …
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