BEIJING – China’s central bank conducted 3 billion yuan ($420.29 million) of seven-day reverse repos at an interest rate of 1.9 percent Monday. The move is aimed at keeping liquidity reasonable and …
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China’s central bank conducts 3b yuan reverse repos
Don’t buy HSBC executive’s fake apology over China propaganda boosting
The head of public affairs for Britain’s multinational HSBC bank has sparked controversy by claiming that London was “weak” for supporting U.S.-led measures to restrict certain trade with China.
Dollar creeps higher ahead of US, China economic data
The dollar inched higher on Tuesday but traded in a narrow range as investors were hesitant to take on new positions ahead of a key U.S. inflation reading this week, while focus in Asia turned…
China becomes largest export market of Vietnamese agricultural products
The Ministry of Agriculture and Rural Development yesterday announced that China is becoming the largest consumer of Vietnamese agricultural products.
CX Daily: How a 140-Year Flood Caught Beijing and Nearby Cities Off Guard
Wang Jianyong, a resident of Xiehejian village in the mountainous suburban region west of Beijing, walked to attend a fellow villager’s funeral the morning of July 31. There was a moderate rain.
China needs to boost productivity given ‘demographic challenge,’ says economist
“If you go back 10, 20 years in China, you had so much of growth coming purely from just more people showing up each year,” said Mastercard’s David Mann.
China’s Rare Russia Rebuke Doesn’t Mean Xi Is Ditching Putin
China last week unleashed some of its strongest criticism against Russia since Vladimir Putin invaded Ukraine. Yet any suggestion that Xi Jinping is shifting his view on the war amounts to wishful thinking.
China drafts rules for using facial recognition technology
China’s cyberspace regulator said on Tuesday it has issued draft rules to oversee the security management of facial recognition technology in the country.
China’s risky Bitcoin court decision, is Huobi in trouble or not? Asia Express
Man loses $10M after Chinese court rules Bitcoin lending is not protected by law, loads of Web3 founders get arrested, and Huobi rumors swirl.
Xi leads way in combating Beijing, Hebei floods
On Aug. 1, Xi demanded all-out search and rescue efforts to find people missing or trapped in floods. The Organization Department of the CPC Central Committee has allocated 44 million yuan (about 6.16 …
China praises Ukraine talks in Saudi that Russia said were ‘doomed to fail’
Beijing on Monday praised ongoing talks aimed at finding a formula for peace in Ukraine, after a Chinese envoy attended a weekend summit in Saudi Arabia that was slammed by Russia as “doomed to fail.”
ASIA Awaiting another China exports slump
Wall Street and world stocks may have shrugged off a spike up in long-term U.S. bond yields on Monday, but investors in Asia are likely to be in more cautious mood on Tuesday as they…
Marketmind: Awaiting another China exports slump
Wall Street and world stocks may have shrugged off a spike up in long-term U.S. bond yields on Monday, but investors in Asia are likely to be in more cautious mood on Tuesday as they…
