Indonesia’s drug regulator on Friday announced it had authorized the emergency use of China’s AWcorna COVID-19 vaccine, becoming the first known country to approve a Chinese mRNA jab. Penny Lukito, …
Recent Posts
China Tells Banks to Provide $85 Billion in Property Funding
China’s financial regulators told the nation’s biggest state-owned banks to extend at least 600 billion yuan ($85 billion) of net financing to the embattled property sector in the final four months of …
China asks top banks to provide $84 billion in property funding- Bloomberg News
China’s financial regulators have asked its six largest banks to offer at least 600 billion yuan ($84.32 billion) of financial support to the property sector in a bid to gear up for the deepening …
China sets oil products export quotas at about 15 million tonnes
China has set the size of its latest batch of oil products export quotas for 2022 at about 15 million tonnes, trade sources with knowledge of the matter said on Friday, a shift in fuel…
The U.S. Dollar Juggernaut Is Undermining China’s Exports and Imports
A strengthening U.S. dollar is piling pressure on both China’s exports and imports amid weakening overseas demand and higher currency exchange costs, industry insiders said. The onshore yuan is on …
China to step up technological development after C919 jet success -state media
Chinese President Xi Jinping said on Friday that his country would step up efforts to make technological breakthroughs after the homegrown C919 narrowbody jet was certified by its aviation regulator, …
China sets oil products export quotas at about 15 million T -sources
China has set the size of its latest batch of oil products export quotas for 2022 at about 15 million tonnes, trade sources with knowledge of the matter said on Friday, a shift in fuel…
China’s services trade deficit narrows in August
China saw a narrowing deficit in its services trade in August, official data showed Friday. Services exports reached 222.7 billion yuan (about 31.37 billion U.S. dollars) last month, while services …
China’s Spot Copper Premium to Stay Elevated as Demand Improves
The copper spot premium in top consumer China could stay elevated in the next few months, analysts and traders said on Friday, as demand for the metal has improved on the back of government stimulus.
As kimchi crisis mounts, South Korea to build mega cabbage warehouses amid shortage, flood of Chinese imports
At 9,900 square metres each, the US$40 million facilities in Goesan and Haenam will be able to store 10,000 tonnes of cabbages.
China’s Geely buys 7.6% stake in Aston Martin Lagonda
Geely Holding Group, one of China’s biggest independent automakers, has bought a 7.6% stake in British luxury brand Aston Martin Lagonda and said Friday it looks forward to potential opportunities to …
China’s Geely takes 7.6% stake in Aston Martin
Zhejiang Geely Holding Group said on Friday that it had taken a 7.6% stake in British luxury carmaker Aston Martin .
New York’s MAGA Republican From Wall Street
Tech entrepreneur Brandon Williams’s past clients include a company partly owned by the Chinese government. But he has earned Steve Bannon’s backing as a MAGA Republican.