In 1996, upon learning that Fujian-based Fuyao Glass was facing a critical funding shortage, Xi directed the local government to coordinate an equity swap that helped the company secure investment.
Featured Posts Title
Is Beijing’s spat with Japan sending a message to US and allies over Taiwan?
China says Japan sent ‘shocking’ wrong signal on Taiwan
China-Japan spat: Beijing sends letter on PM Takaichi’s remarks to UN secretary-general
Swans rest in Qingshui River at Miyun Reservoir basin in Beijing
China moving forward to occupy Taiwan, warn US agencies, citing Beijing’s increasing military preparation and modernisation
China takes spat with Japan over Taiwan to UN, vows to defend itself
Japan Blasts China’s UN Letter Claim as Baseless, Urges Dialogue
Recent Posts
Xi Story: Coordinating economic, financial work through integrated planning
China approves rare earth export licences for select firms, says commerce ministry
China’s Commerce Ministry said Thursday it had approved “a certain number” of rare earth export license applications but declined to disclose specifics, including quantities or how many involved U.S.
China has granted rare earth export licences to some firms, commerce ministry says
China’s commerce ministry said on Thursday that “a certain number” of rare earth export licence applications had been approved, but declined to give further details such as the exact amount and how …
What China’s Listing Frenzy in Hong Kong Means for Investors
Chinese companies are lining up in droves to list on the Hong Kong stock exchange, sparking a frenzy in a market that has been forsaken by investors and companies for many years.
China likely to keep lending rates steady after May cut, trade truce
China is widely expected to keep its benchmark lending rates unchanged at a monthly fixing on Friday, a Reuters survey showed, after Beijing rolled out sweeping monetary easing measures a month earlier to aid the…
China’s EV powerhouse BYD accelerates into Europe’s heartland
LONDON] A synchronised flock of drones lit up the sky above Rome’s Olympic Stadium last month to mark the European launch of the latest electric hatchback from Chinese carmaker BYD. Read more at The …
China’s extended 618 shopping fest fails to stir excitement
China’s biggest mid-year shopping festival, 618, ended on Wednesday evening without much fanfare after more than a month of promotional events aimed at enticing consumers to part with more of their …
China’s iron ore imports rise even as steel struggles
China’s iron ore imports are on track in June for their strongest month this year, showing a resilience that isn’t being mirrored in the sluggish steel sector.
⚔️ Weaponized Dollar Backfires: China Pushes Allies to Ditch U.S. Currency
The United States dollar has ruled global trade and finance for decades. From oil payments to international loans, the dollar is the preferred choice. Currency Shock: China’s Silent War Against the …
China’s Foshan Haitian Makes Hong Kong Debut After $1.3B IPO
Foshan Haitian raised HK$10.13 billion in the stock offering, equivalent to US$1.29 billion, making it one of the biggest IPOs in Hong Kong so far this year. Cornerstone investors included …
David Sacks says overly strict US export controls may backfire because China’s AI models are just ‘months behind’
January’s DeepSeek launch challenged assumptions that Chinese AI models were years behind the US, David Sacks said.
Taiwan pursues homegrown Chinese spies as Beijing’s influence grows
Taiwan is vetting hundreds of thousands of military service members, public school teachers and civil servants in a bid to root out potential homegrown Chinese sympathisers, as Beijing intensifies …
Trump’s Envoy to China Calls Out Threat of Foreign Supply Chains
The US wants to revamp its trading relationship with China and the world by bringing many critical supply chains back onshore, the American ambassador to Beijing said.
