(Bloomberg) — China’s central bank has signaled a limit to its tolerance for the yuan’s recent advance by setting its reference rate at a weaker-than-expected level. Most Read from Bloomberg …
Featured Posts Title
Here’s what coronavirus does to the body
Corona del Mar girls tennis defeats Portola for CIF-SS Division 1 title
China’s risky challenge to Japan — and the US
Japan’s New Leader Mentions Taiwan, and Tanks Her Relationship With China
Beijing’s financial sector reports remarkable progress during 14th Five-Year Plan period
‘Everything Japanese is canceled’: Concerts in Beijing gets abruptly canceled as Japan-China ties take hit
National Games draw to a close in Shenzhen
Recent Posts
China Signals its Discomfort Over Yuan Rally With Daily Fixing
Asian Stocks Up, China’s November Factory Gate Inflation Eases
China’s Shanghai Composite was up 0.39% by 9:04 PM ET (2:04 AM GMT) and the Shenzhen Component was up 0.21%. Data released earlier in the day showed that the consumer price index (CPI …
House votes to ban goods made by forced labor in China’s Xinjiang region
The House of Representatives voted Wednesday night to ban most imports from the Xinjiang region in China over concerns that goods made there use forced labor, as Western nations continue to confront …
China grants emergency approval for its first COVID-19 drug
China’s drug authority has granted emergency approval for the country’s first specialized treatment against COVID-19, found in clinical trials to significantly reduce hospitalizations and deaths among …
2 years on, China’s public fed up with ‘zero COVID’ policy
DALIAN, China — As China enters its third year of the coronavirus pandemic, citizens have grown increasingly frustrated with Beijing’s stringent “zero COVID” policy that exacts a heavy economic toll.
In need of a baby boom, China clamps down on vasectomies
Hospitals are turning away men seeking the procedure, leaving couples frustrated, as officials try to encourage larger families.
China grants emergency approval for its first Covid drug
China’s drug authority has granted emergency approval for the country’s first specialised treatment against Covid-19, found in clinical trials to significantly reduce hospitalisations and deaths among …
China stocks face delisting risks in the U.S. — investors should hedge their bets, Credit Suisse says
Investors could switch to Hong Kong-listed shares of Chinese companies with dual listings, said Jack Siu, Credit Suisse’s Greater China CIO.
China Steps Up Overseas Hunt for Ore Needed to Make Aluminum
China’s aluminum industry, the world’s biggest, is becoming increasingly dependent on overseas supplies of the ore needed to make the metal, another sign of the nation’s chronic reliance on …
China’s yuan hovers at 3-1/2-year high, investors cautious
The yuan has gained nearly 3% against the greenback so far this year and China’s robust export growth is starting to slow, stirring talk over where authorities may draw a “red line” on its advance.
US House passes bill to ban imports from China’s Xinjiang over right abuses
The bill come days after the US announced a diplomatic boycott of the Beijing Winter Olympics over rights abuses in Xinjiang. Washington: The US House of Representatives on Wednesday passed a bill by …
House passes measures to condemn and punish China over human rights abuses against Uighurs
One of the bills prohibits imports from China’s Xinjiang region where the Chinese government has reportedly oppressed members of the minority Muslim Uighur community. The bill, known as the Uyghur …
Bitcoin mining nears record pace as industry shrugs off China clampdown
A worker installs new bitcoin mining machines at a facility in Rockdale, Texas. Bitcoin miners play a crucial role in the crypto market because they mint new coins and ensure the security of the …
