The exchange rate between China’s yuan and the US dollar has become a closely watched issue as a lower yuan exchange rate figure means it takes fewer yuan to purchase one US dollar, indicating a…
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What does a stronger US dollar-yuan exchange rate mean, and why is Beijing worried?
China’s land sales slump for second month as developers stay away
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China’s Evergrande crisis at a turning point
The key issue in the Evergrande crisis is whether the government and financial authorities will be able to stave off the effects of the developing slump in real estate and property development on the …
U.S. Issues $100 Billion in Export Licenses to Suppliers of Huawei, SMIC
The U.S. Commerce Department issued hundreds of export licenses for semiconductors and other products to suppliers of the blacklisted Chinese tech companies, as the global chip shortage started to …
COVID-19 Live Updates: Massive COVID Outbreak In China Post Unlockdown Leads To Closure of Schools and Tourist Sites
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Beijing begins offering booster shots ahead of Olympics
China’s capital Beijing has begun offering booster shots against COVID-19, four months before the city and surrounding regions are to host the Winter Olympics.
China coal prices dive 13% as Beijing plans to intervene to ease power crunch
China’s thermal coal futures tumbled 13% on Friday, extending losses since Tuesday when they came off record highs after Beijing signalled it would intervene to cool surging prices to help electricity …
What people are saying about China Evergrande Group
China Evergrande Group wired funds to a trustee account on Thursday for a bond interest payment due Sept. 23, a source told Reuters on Friday, days before a deadline that would have plunged the …
Fresh COVID-19 outbreak in China leads to closure of schools, tourist sites; several flights suspended
An outbreak of Covid-19 in China has led to swift restrictions being imposed in multiple Chinese provinces over the last week, the BBC reported. AFP also reported that authorities in China cancelled …
1st LD-Writethru: Chinese mainland reports 28 locally transmitted COVID-19 cases
A medical worker inoculates a citizen with a booster shot of COVID-19 vaccine at a vaccination clinic in Fanyu District of Guangzhou City, south China’s Guangdong Province, Oct. 18, 2021. (Xinhua/Deng …
China’s Inner Mongolia reports 15 confirmed COVID-19 cases
North China Inner Mongolia Autonomous Region reported 15 locally transmitted confirmed COVID-19 cases from 10 am Thursday to 7 am …
Marine economy expo sets course for Shenzhen
China Marine Economy Expo will take place in Shenzhen, Guangdong province, from Nov 25 to 27, the organizing committee has announced. The expo is the biggest of its kind in the country and a major…
China coal prices dive 11% as Beijing plans to intervene to ease power crunch
China’s thermal coal futures slid 11% on Friday, extending losses since Tuesday when they toppled off record highs after Beijing signalled it would intervene to cool surging prices to help electricity …