BEIJING: China’s soybean imports from Brazil jumped 31.6% in June from a year earlier, data showed on Thursday, after large cargoes of cheap beans reached Chinese ports. The world’s top buyer of …
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China June soybean imports from Brazil up 32% on year
China’s June imports of Russian crude jump to record 2.56mn bpd
BEIJING: China’s imports of crude oil from Russia hit an all-time high in June, Chinese government data showed …
Shanghai sets guidelines to revamp industry, supply chains with blockchain, digital yuan
Shanghai on Tuesday published a set of guidelines to promote use of blockchain, the digital yuan, and the metaverse in the city’s legacy industries.
Can China’s new action plan lift economy out of deep-rooted malaise, bring market peace of mind?
China is rolling out a package of policies to invigorate its economy, including a long-awaited action plan to shore up the ailing private sector that underpins economic growth, jobs and technological innovation.
Why Heat Waves Are Deepening China’s Addiction to Coal
While pledging to reduce carbon emissions, the country is greatly increasing its use of the fossil fuel to generate electricity.
China complicit in Russia’s invasion of Ukraine, says MI6 chief
Sir Richard Moore says Xi Jinping’s regime has supported Vladimir Putin diplomatically and amplified ‘Russian tropes’ such as Nato being to blame
China’s June imports of Russian crude jump to record 2.56 mln bpd
China’s imports of crude oil from Russia hit an all-time high in June, Chinese government data showed on Thursday, with refiners continuing to snap up discounted Russian ESPO even as discounts against …
China prepares to implement mandatory certifications
China will start to implement mandatory certification for lithium-ion battery products starting from August 1 this year, despite calls from South Korea to defer such applications for South Korean …
Tencent’s low-profile founder praises China’s new support for private firms
Pony Ma, the low-profile founder of Tencent , on Thursday published an article in state media praising Beijing’s new supportive policies for the private sector, as a shift in tone towards Chinese …
Exclusive-China’s State Banks Seen Selling Dollars Offshore to Slow Yuan Declines – Sources
SHANGHAI (Reuters) – China’s major state-owned banks were seen selling dollars to buy yuan in the offshore spot market in early Asian trades on Thursday, two people with direct knowledge of the matter …
UPDATE 1-China c.bank eases cross-border financing rule to temper yuan weakness
China’s central bank and foreign exchange regulator on Thursday announced a relaxing of a cross-border financing rule, making it easier for domestic firms to raise funds from overseas markets and …
China’s ODI rises
China’s non-financial outbound direct investment (ODI) rose 22.7 percent year-on-year to 431.61 billion yuan in the first half of 2023, according to data from the Ministry of Commerce published on …
China eases limit for foreign debt
The People’s Bank of China, the country’s central bank, and the State Administration of Foreign Exchange announced in a joint statement on Thursday the intention to raise the parameter, which allows …
