The bank said its outstanding loans for county-level areas totaled 8.05 trillion yuan ($1.16 trillion) by the end of March, up 719.5 billion yuan or 9.82 percent from the beginning of this year. More …
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Billionaire investors Buffett, Munger urge US to get along with China
It’s been good for Apple and good for China. That’s the kind of business we’ll be doing with China,” said the 99-year-old legend investor, citing the tech giant Apple as an example of how the…
China’s logistics activities slow in April, expectations unabated
BEIJING – China’s logistics industry expanded at a slower pace in April but companies remain upbeat about the sector’s outlook as a sustained economic recovery and holiday consumption is expected to …
China’s street stall economy handed lifeline as curbs lifted in boost for jobs, scared hawkers
For years, municipal officials pushed out hawkers in an effort to clean up the street stalls that once characterised many of China’s cities Shenzhen, though, will allow street vendors to operate from …
China’s Gold Splurge Reaches Sixth Month as Reserves Rise Again
China added to its gold reserves for a sixth straight month, extending a flurry of purchases as central banks around the world expand their holdings of bullion amid escalating geopolitical and economic risks.
At least 2m New Yorkers lost loved ones to COVID-19: NYT
People walk by a mobile coronavirus disease (COVID-19) testing center near Port Authority bus terminal in New York City, US, Oct 26, 2022. [Photo/Agencies] NEW YORK – An estimated 2 million New …
Chinese Users of the Binance and FTX Exchanges Show Holes in Beijing’s Crypto Ban
Nineteen months after China banned crypto, more signs have emerged that its citizens continue to buy and sell digital assets.Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court …
China: US Ambassador questions Beijing’s newly-amended counter-espionage law
US Ambassador to China Nicholas Burns said the law could make illegal some ordinary duties of American business people, academics and journalists in the country, Asia Times reported. On April 26, the …
China forex reserves rise to $3.205 trln in April
China’s foreign exchange reserves rose more than expected in April, official data showed on Sunday, as the dollar fell against other major currencies.
Japanese companies seeking US deals fear more scrutiny of China links
Japanese companies’ ambitions to pursue more deals in the US could fall foul of intensified scrutiny of their business activities in China, trade lawyers have warned.
China’s private sector should be on a par with state-owned industry, leading economist tells high-profile Beijing forum
All economies that operate by law, whether private or state-owned, are a basis for the ruling party to govern, Li tells Tsinghua PBCSF Chief Economists Forum.
Rare Japan-South Korea Summit Could Help US’s Push Against China
The second meeting in two months between leaders of Japan and South Korea after years without a formal summit marks another win for the Biden administration, which has sought to unite the allies to cooperate…
WHO declares end to Covid-19 global public health emergency
The end of the Covid emergency comes more than three years after the WHO first issued the declaration in January 2020.