Russia’s finance ministry is in talks with China about yuan loans, but a decision has been long in the making amid tightening Western sanctions.
Featured Posts Title
Covid-19: Coronavirus wreaks havoc in China again—nearly 80,000 cases in a month; what is the situation in India?
Concerns rise over COVID-19 cases in India and China
China wants to end AI romances
China and Xi are seen more favorably than the U.S. and Trump in many nations, new survey says
Global Opinion Shifts Toward Favoring China Over the U.S., Poll Finds
China and Xi favored over U.S. and Trump in many nations: Survey
China’s COVID-19 activity remains low despite recent rise, no new variants detected: CDC expert
Recent Posts
2024 is already straining the seams of China and Russia’s ‘no limits’ partnership
China’s major RV-producing city registers 17.8% RV export growth in 2023
JINAN – Rongcheng city in East China’s Shandong province, a major production and export base for recreational vehicles (RVs) in China, registered an export value for RVs at 1.82 billion yuan (about …
China’s largest property giant hit with winding up petition – latest updates
China’s largest private property developer has been hit … Last week, Moody’s suddenly removed credit ratings for 10 Chinese developers for “business reasons”. Country Garden said in its disclosure …
China Focus: China develops robot for cultural relics protection
BEIJING — China’s strides in space technology are now enriching the preservation of cultural relics, as spacecraft engineers have repurposed a robot originally designed for orbital missions to …
China doubles down on national security, expanding its state secrets law
“For foreign businesses, it’s the lack of clarity that will remain an unquantified risk to doing business in China,” Daum said. “The addition of work secrets, and mention of information that becomes …
Country Garden liquidation petition adds to China property woes
By Scott Murdoch, Clare Jim and Xie Yu (Reuters) -Chinese developer Country Garden said on Wednesday a liquidation petition has been filed against it for non-payment of a $205 million loan, clouding …
China’s Country Garden gets liquidation petition from creditor
The troubled property developer said in a regulatory filing it received a “winding-up” petition dated Feb. 27 by creditor Ever Credit Limited. The petition against Country Garden was issued for the …
Ministry of Finance to issue first batch of renminbi treasury bonds in HK
BEIJING, Feb. 28 (Xinhua) — The Ministry of Finance said on Wednesday that it will issue this year’s first batch of renminbi-denominated treasury bonds in Hong Kong on March 13. The scale of the …
Tesla-Rival BYD Touts EVs Under Its Yangwang Brand That Can Float And Dance
Chinese EV giant BYD Co Ltd (OTC:BYDDY) (OTC:BYDDF) is showcasing its float-capable Yangwang U8 SUV at the Geneva International Motor Show, marking its Europe debut, days after launching its dancing …
China broadens law on state secrets to include ‘work secrets’
Law requires protection of information that is ‘not state secrets but will cause certain adverse effects if leaked’.
China’s Xian to give lottery tickets to newlyweds in bid to spur births
Authorities in China’s city of Xian will spend 700,000 yuan ($97,000) on lottery tickets to give as prizes to newlyweds who present a marriage certificate, in an effort to encourage weddings at a time …
Embattled China property giant Country Garden faces liquidation petition
Country Garden’s shares fell more than 12% in early trading on Wednesday, amid a continued debt crisis in China’s property sector …
China boosts reforms of local financial regulatory system
[Photo/IC] BEIJING – With reforms of China’s financial regulatory system basically completed at the central level, the country is now advancing such reforms at the local level. At the central level, …
