Oil prices fell in early Asian trade on Thursday, due to increased supply and worries about global economic slowdown with renewed Covid restrictions in China.
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China ratchets up financial support for infrastructure projects
Provided by Xinhua by Xinhua writers Guo Xiaoyu Hu Wenjia Zhang QianqianBEIJING Aug 31 Xinhua — China is channeling more financial support to …
China opens up to foreign investment with new law
The newly introduced Futures and Derivatives Law brings the country’s financial services market in line with international standards, welcoming foreign financing.
Dalian iron ore marks third monthly fall on China economic woes
Dalian iron ore fell on Wednesday, marking their third straight monthly drop, after a survey showing a contraction in China’s factory activity raised doubts about an economic rebound in the world’s …
China Construction Bank says economy faces large downward pressure this year
China Construction Bank said on Wenesday the Chinese economy faces fairly large downward pressure this year. The comments were made by Zhang Jinliang, president of CCB in a press conference following …
China’s ‘zero-Covid’ policy pushes ‘Big Three’ to record first-half losses
China’s three largest carriers widened their half-year losses, as they count the economic costs of China’s continued zero-infection policy, which has dampened travel demand.
China’s SMEs show stable development in Jan-July period
GU HUAXIA/FOR CHINA DAILY BEIJING — China’s small and medium-sized enterprises … Preferential policies have been rolled out to ease the financial burden of smaller businesses and further boost …
China coal shares soar as investors bet economics trump emissions
China’s coal index (.CSI000820 … significantly ahead of the 0.5% the finance ministry forecast when it upgraded its estimates just last month.
US, China Agree on Protocol for American Accounting Regulators to Inspect Audit Firms Based in China and Hong Kong
On Aug. 26, 2022, the U.S. Securities and Exchange Commission (SEC) issued a Statement on Agreement Governing Inspections and Investigations of Audit Firms Based in China and Hong Kong. Unde …
Economic Watch: China ratchets up financial support for infrastructure projects
China is channeling more financial support to infrastructure construction amid national efforts to catalyze domestic demand and sustain economic recovery. A fresh move came as a State Council …
Don’t bank on China PMIs lifting the gloom
A look at the day ahead in Asian markets from Jamie McGeever As tightening financial conditions continue to choke investor sentiment and slam global stock markets, good old-fashioned PMI data from …
China’s highlights economy-boosting infrastructure push with mega US$10 billion canal project
The 135km-long Pinglu Canal in the Guangxi Zhuang autonomous region will cost 72.73 billion yuan (US$10.5 billion), and is part of China’s renewed effort to use infrastructure to aid the economy.
With audit deal, China delisting risk ebbs — for now
A deal signed by the U.S. and China last week allowing U.S. inspectors to review the audit records of U.S.-listed Chinese companies could prevent scores of firms from being booted off U.S. stock …
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