BEIJING, July 12 (Xinhua) — China’s central bank conducted 2 billion yuan (280.45 million U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Friday. The move aims to keep …
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China’s central bank conducts reverse repos Friday
China trade balance jumps in June as exports surge; imports weaken
Investing.com– China’s trade balance grew more than expected in June on surging exports, while imports unexpectedly shrank as local demand remained subdued amid persistent concerns over the economy.
China approves CSPC Pharma’s RSV vaccine for clinical trials
China’s National Medical Products Administration has given regulatory clearance for CSPC Pharmaceutical Group’s respiratory syncytial virus (RSV) vaccine candidate to begin human clinical trials, the …
China says it will never accept ‘unfounded accusations’ at NATO summit
China will never accept the “unfounded accusations” made against it at the NATO summit this week in Washington, Foreign Minister Wang Yi said to his Dutch counterpart over a phone call, his ministry …
China’s relentless e-commerce price war leaves sellers struggling to make ends meet
Chinese e-commerce vendors are struggling for survival as sales growth slows, price pressure rises and shopping platforms compete with ever-more aggressive policies to attract increasingly …
Samsung is developing AI features specifically for China as it looks to claw back into market
Samsung is developing its suite of artificial features known as Galaxy AI specifically for the Chinese market, the company’s mobile chief TM Roh told CNBC.
China to help curb shady businesses
BANGKOK: Thailand and China will cooperate in weeding out call centre scam gangs and mitigating shady business ventures operated by Chinese citizens.
China gears up for next week’s Third Plenum meeting. Here’s why real estate isn’t likely the main focus
China’s real estate problems may be massive, but analysts expect the upcoming Third Plenum to focus on other areas — such as high local government debt levels.
Asia’s biggest alternative asset manager mulls new China funds, bucking retrenching trend
PAG is setting up a China fund to lure domestic capital and is considering establishing another that will cater to demand from investors outside of North America, according to sources familiar with …
How Biden’s EV grants are different from China’s
In comparison, government credits for new EVs in China averaged $13,860 in 2018 and just under $4,800 in 2023. Though this is less than the current $7,500 under the IRA, the lesser amount reflects the…
Covid-19 still kills 1,700 people each week, says WHO
Four years since the start of the pandemic, the virus mostly affects at-risk groups like health workers and people over 60.
Beijing to keep close watch on tariffs from Jakarta
Beijing said on Thursday it will closely follow potential safeguard duties that Jakarta might impose on specific products, adding that it will work with Jakarta to uphold a free and open international trade order.
Japan warns of rising tension over China’s military drills near Taiwan
Japan warned on Friday that China risked escalating tension with Taiwan with an increase in military exercises that appeared aimed in part at readying Beijing’s forces for a possible invasion of the democratically governed island.
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