The PBOC did not immediately respond to Reuters’ request for comment. China has a history of curtailing gold import quotas for several months when the yuan currency is weak against the dollar. However …
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Exclusive: China issues new gold import quotas after pause – sources
Huachen Ai Parking Seeks US IPO On Thin Margins And High Valuation
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All aircraft and vessels from areas affected by the disease will need to comply with health measures, customs officials said.
Iran seeks China’s help with surveillance satellites, officials say
Tehran is chasing deals with two Chinese companies that specialize in small satellites with powerful cameras. Intelligence assessments worry about military applications.
China Market Update: Alibaba & JD Soar, Week In Review
China reported mixed economic data for July on Wednesday as industrial production and overall retail sales were lower than expected while online retail sales increased nearly +10% year-over-year (YoY). Asian equities had a strong finish…
Don’t pop the champagne yet over China iron ore figures, says SSY research chief
“Perhaps equally interesting is the observation that we are currently at a new all-time-high for iron ore imports over a rolling 12-month period at 1.224bn tonnes,” shipbroker SSY remarked in its …
China issues new gold import quotas after pause – sources
(Reuters) -Several Chinese banks have been given new gold import quotas from the central bank, anticipating revived demand despite record high prices, four sources with knowledge of the matter told …
China doubles subsidies to boost auto trade-ins
China has increased a financial stimulus to encourage consumers to scrap their old vehicles and buy new ones according to a circular issued on Friday
Trump owns more than $1M in crypto and made $300K on branded Bibles, financial disclosure shows
They’re smart, they’re good people, and they think it’s going to be very beneficial,” Trump said recently on a livestream with streamer Adin Ross, adding that if the U.S. isn’t involved in crypto, …
Crude oil processing in China falls significantly in July – Commerzbank
Last time this happened was at the end of 2022, when oil demand in China recorded a hitherto unprecedented annual decline due to the strict COVID-19 policy. The reasons for the weak processing are …
Beijing issues alerts for heavy rain, torrents
The city’s meteorological service forecast that Beijing will see heavy rain cumulatively exceeding 100 millimeters in some areas from Saturday afternoon to Sunday, which could induce secondary …
Catherine Thorbecke: China’s AI video rush is a wake-up call for the world
The rush to offer these services to the Chinese public stands in stark contrast to firms in the United States,” Thorbecke writes.
US Leads the Way in Climate-Tech Funding, As China Falls Behind
The US supplanted China as the world’s top market for climate-tech financing in this year’s first half even as the amount invested fell, according to a new analysis from BloombergNEF. Companies in the US raised…
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