At a forum in Shanghai, CSRC Chairman Yi Huiman also pledges to crack down on malfeasance to protect China’s 218 million investors CSRC will also continue to encourage sales of stock-focused funds, …
Recent Posts
South Korea vows support for its chip sector amid China-US tensions
South Korea pledged support for its chip sector on Thursday, with President Yoon Suk Yeol describing competition in the industry as an “all-out war” amid heightened U.S.-China tensions.
China int’l fees could increase fivefold, Xi calls for “world-class” universities
A study from the Beijing Institute of Technology said international tuition fees could be increased by up to five times the existing price to help universities compete with other institutions around …
China’s Big Banks Cut Deposit Rates. Lending Rates Could be Next.
China’s largest state-owned commercial banks cut some of their deposit rates on Thursday, the latest in a series of similar cuts this year. The move will help these banks improve their net i …
China’s new Covid wave expected to peak in June at 11 million cases a week
Surge being fuelled by Omicron variant XBB likely to be much smaller than winter outbreak, according to health data firm Airfinity But it ‘could still lead to a large number of deaths because of the…
End of ‘Zero Covid’ fails to boost German investment in China – survey
COVID” policy has not sparked a rebound in German firms’ plans to invest there as a sluggish recovery and geopolitical tensions weigh on the business outlook, a survey showed on Thursday.
3 mln more doses of Chinese COVID-19 vaccines arrive in Myanmar
China has directly or indirectly supplied 64 million doses of COVID-19 vaccines and a large amount of anti-pandemic supplies to Myanmar since the start of the pandemic, the statement said. It helped …
Taiwan question is ‘biggest risk’ to bring under control, says Beijing’s top envoy to US
Ambassador Xie Feng made the remarks to American business leaders, adding that China has ‘always been open to dialogue’.
As China Cracks Down on Mosque Domes, One Town Pushes Back
China is destroying Arab-style architectural features of mosques, such as domes and minarets. The tightened control on religion has been met with rare resistance.
China’s Gao Kao is the mother of all exams. Take a look at the 2 most important days of a Chinese high schooler’s life.
The Gao Kao is like the SAT, ACT, and the AP exams rolled into one. It’s so important that the police show up to make sure things run smoothly.
Despite China heatwave, weak factory demand curbs coal prices, LNG imports
An ongoing heatwave in China is boosting power demand for cooling, but tepid industrial demand and record high coal inventories are keeping prices at two-year lows and limiting spot liquefied natural gas (LNG) imports.
China’s big banks cut deposit rates, signaling monetary easing ahead
China’s largest banks cut interest rates for savers on Thursday in a bid to boost growth in an economy where consumption has been slow to recover.
Global banking crisis has had little impact on China – China financial regulator
The recent global banking crisis has had little impact on China but offers a cautionary tale, Li Yunze, head of China’s national financial regulatory administration, told delegates at the Lujiazui …