China’s oil refinery utilisation rates are easing from record third-quarter levels as thinning margins and a shortage of export quotas discourage plants from raising output for the rest of 2023, …
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China refiners cut oil output as thin margins, quota shortage bite
The Bank Of China Just Issued Ethereum Assets Worth $28 Million – Forbes
Bank of China International has made a strong move towards embracing digital assets, but will it … last?The Bank of China’s recent issuance of $28 million …
Global funds dumped another $3 bln in China stocks in Oct -Morgan Stanley
China and Hong Kong equities saw a combined $3.1 billion in … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals …
Huawei and Tencent advance in global patent holdings as China fosters own tech, report says
Chinese companies have accelerated in global patent holdings amid growing U.S.-China tensions, according to a Nikkei Asia report.
China Premier Li seeks to bolster his country’s economic outlook at Shanghai trade fair
and international business environment,” Li said at the opening. Foreign businesses have complained of a worsening investment environment in China, particularly with the passage of new legislation …
Huawei, Tencent among top cybersecurity patent holders as China fosters own tech, report says
Chinese companies have accelerated in global patent holdings amid growing U.S.-China tensions, according to a Nikkei Asia report.
China’s ‘most inconvenient convenience store’ hangs off the side of a cliff
A tiny wooden shed perched on a steep cliff in a scenic southern Chinese region has earned the nickname of “most inconvenient convenience store” in the country.
Australian prime minister calls for cooperation ahead of meeting with China’s Xi
Australian Prime Minister Anthony Albanese has struck an optimistic tone ahead of his meeting with Chinese leader Xi Jinping, calling for cooperation while emphasizing that the two countries will continue to have differences.
China’s first deficit in foreign investment signals West’s ‘de-risking’ pressure
China recorded its first-ever quarterly deficit in foreign direct investment (FDI), according to balance of payments data, underscoring Beijing’s challenge in wooing overseas companies in the wake of a “de-risking move by Western governments.
China’s strong banking sector fears no slander as performance stable
Their comments mainly pointed to so-called issues like risk exposure of local bonds in China’s banking sector being too large, and said it is difficult to achieve good capital adequacy ratios, …
Former Google China President’s Startup 0.1AI Hits $1B Valuation, Outperforms Meta’s Llama 2
Despite political tensions and US restrictions on AI semiconductor sales to China, 01.AI has secured the chips for the … Tesla CEO Elon Musk Vows’ None Of My Companies’ Will Ever Create A Crypto …
Australia PM Anthony Albanese Sees “Promising Signs” Of Better China Ties
Canberra’s move to ban Huawei from 5G contracts, its targeting of Chinese influence operations in Australia and a decision to challenge China on its handling of the Covid-19 pandemic all irked Beijing …
Foreign Firms Pull Billions in Earnings Out of China
For years, foreign companies plowed the profits they made in China back into the country. Not anymore.
