Looser monetary policy in China won’t be sufficient to stabilise the economy, a former adviser to the central bank said, arguing that the government needs to speed up spending as well. “Under the …
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China rate cuts not enough to stabilise economy: ex-PBOC adviser
Are You Bullish on Crypto?
If you feel like you are on the cusp of some major transformations, then you are not alone. Either way, much is happening, and at pace.
China probes e-cig flavours billionaire over ‘disciplinary violations’
According to independent wealth tracker, the Hurun Report, Chu was the 122nd wealthiest person in China with a net fortune of $7.6 billion as of early 2021. The probe comes as many Chinese business …
China selects ‘Little Giants’ to compete against Silicon Valley in US tech war
Beijing is giving special government support to thousands of startups working on strategically important sectors …
The Olympics Will be the Ultimate Test for China’s Zero-COVID Policy
But China believes its aggressive stance against COVID-19 is up to the task. While the rest of the world is struggling to keep up with the virus, China’s strategy is to stay ahead of it.
China Focus: Beijing takes swift, targeted measures to curb latest COVID-19 resurgence
Beijing Municipality has swung into action, adopting swift and targeted measures to contain the spread of infections after a local resurgence in COVID-19 cases was reported recently. On Sunday, …
Heavy smog blankets Beijing ahead of Olympics as authorities pledge to clean up the air
Officials have promised to do better after blaming “extremely unfavorable” weather for the relapse to the bad old days of poor air quality.
China Misses Trade Deal Targets, Raising Pressure on Biden
The landmark trade deal signed in 2020 between the world’s two largest economies failed to reduce the bilateral trade deficit, adding pressure on the Biden administration to deal with the unresolved …
How China will keep stable growth in 2022
The newly added special bond of 1.46 trillion yuan ($230 billion) for 2022 was launched late last year. Meanwhile, credit lending will be increased and more quality projects will be approved. New …
Ireland looks to export more meat to China
With last year’s exports of Irish pork to China expected to hit a record high, Ireland is now seeking to diversify its exports of meat to the country, said officers of Bord Bia, the promotional…
China to step up control over cold-chain food imports amid pandemic
A police officer of immigration inspection checkpoint checks a truck at Dongxing port in Dongxing, south China’s Guangxi Zhuang Autonomous Region, Jan. 8, 2022. (Xinhua/Cao Yiming) BEIJING, Jan. 24 …
Sales list of multinational car companies in China in 2021: Volkswagen surpassed GM by 410000 vehicles Tesla soared by 133%
Volkswagen surpassed GM by 410000 Tesla soared 133%] according to the China Automobile Association, auto production and sales in China completed 26.082 million and 26.275 million respectively in 2021, …
China’s Youku Picks Up ‘Stan Lee’s Superhero Kindergarten’ Starring Arnold Schwarzenegger
Chinese streaming video platform Youku, the flagship streamer of Jack Ma’s Alibaba Group, has acquired the first season of animated children’s series, Stan Lee ’s Superhero Kindergarten, produced by …