China is on track to overtake France and the United States as the world’s leading source of atomic power, a significant milestone in the global energy landscape, Bloomberg reports. The country’s rapid …
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China is on track to overtake France and the United States as the world’s leading source of atomic power
China’s Credit Growth Weaker Than Expected Despite PBOC Easing
(Bloomberg) — China’s credit expanded less than expected in July despite the central government’s monetary easing, during what’s traditionally a weak month for financing activities. Most Read from …
General Motors is cutting staff in China as it eyes a restructuring in the world’s largest auto market
The American automaker is competing against Chinese EV makers that are prioritizing production over profit as they try to gain more market share.
China’s investors, sick of ailing returns, see traditional Chinese medicine as a cure
Common ingredients used in TCM have seen their prices surge in recent years as users stockpile supplies and available farmland grows scarce Frustrated by a battered stock market and a housing bubble …
Beijing’s spy agency ‘destroyed large number’ of Taiwan intelligence networks
State security ministry says more than 1,000 cases of Taiwanese espionage were uncovered in crackdown, with spies ‘severely punished’ Beijing’s top spy agency says it has uncovered more than 1,000 …
Factbox-How China is trying to cool a runaway bond rally
China’s long-dated sovereign bonds have surged as investors seek safety from a slowing economy and volatile stock markets. The rally has pushed yields to record lows, however, and authorities have …
China’s Oil-Demand Growth Slowdown Weighs on Global Outlook, IEA Says
Global oil-demand growth is still forecast to slow to under a million barrels a day this year and next, with a continued slowdown in Chinese consumption weighing on the outlook, the IEA said.
Luxury Looks Like a China Carry Trade Set to Unwind
Chanel and Hermes can still dictate prices to consumers betting on a profitable second-hand resale. For some other global brands, the music has already stopped.
Beijing’s first NIO Power Swap Station 4.0 comes online
From the nationwide perspective, NIO’s first batch of Power Swap Stations 4.0 was launched in mid-June this year at the Liwan Huadi Plaza in Guangzhou city and the G40 Shanghai-Xi’an Expressway Luoji …
China bond frenzy puts central bank in quandary
A quick look at China’s bond market appears to show it has many of the ingredients for success. The country’s leaders want it to develop more financing power, while investors have a big appetite for…
Western sanctions are so tight that Russia and China could soon use an ancient trading system. It’s worked before.
Due to US secondary sanctions, Chinese banks are now extremely cautious about processing payments for trade with Russia.
China’s export requirements – difficult to enter, easy to be weeded out
Because of Covid-19, we had to sell bananas at supermarkets and wholesale markets. We have growing area codes. We wish to partner with other units to export bananas to China and the Middle East.” …
China’s Olympic divers inspire next generation at Beijing pool
The splash of young athletes hitting the water and the cries of encouragement from coaches echo through a Beijing swimming pool, where the next generation of Chinese diving champions is being trained.
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