China’s cyberspace regulator said on Friday that it was supportive of domestic companies seeking foreign capital and that the focus of its review was whether there was the risk of data they held being …
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Don’t believe the grim forecast – China is just fine
INDUSTRIAL China is alive and well despite concerns of an economic slowdown. It just doesn’t look like it did before – or at least, what everyone is used to.
Moody’s — China’s decarbonization drive will fuel gas demand, while liberalization will intensify competition
CREDIT RATINGS ISSUED BY MOODY’S CREDIT RATINGS AFFILIATES ARE THEIR CURRENT OPINIONS OF THE RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, OR DEBT OR DEBT-LIKE SECURITIES, AND MATERIALS …
Tesla Asks China to Help Secure Power for Suppliers
Tesla Inc. and SAIC Motor Corp. told Shanghai’s government they may have difficulty maintaining production if a power crunch in Sichuan continues to impact suppliers, people familiar with the matter …
Russia is now the 3rd-biggest market for yuan transactions outside of mainland China as sanctions block dollar, euro payments
SWIFT data shows Russian companies and banks were involved in nearly 4% of global transactions using the yuan.
China’s non-financial ODI up 4.4 percent in Jan.-July
China’s non-financial outbound direct investment (ODI) reached 424.28 billion yuan in the first seven months of the year, up 4.4 percent year on year, official data showed Thursday. In U.S. dollar …
Summers Says China-Surpassing-US Is Japan 1990 All Over Again
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesBiden Called …
Biden administration agrees arms sales to Riyadh and Abu Dhabi to counter China’s growing influence
The sales were announced as China’s President Xi Jinping prepares to visit Saudi Arabia as early as this week—his first overseas visit since the COVID pandemic—where he is expected to be given an …
Tapestry, Estee Lauder feel earnings pinch from China lockdowns
Tapestry Inc and Estee Lauder Cos Inc forecast full-year earnings below estimates on Thursday, underscoring the hit global luxury goods companies are taking from China’s COVID-19 lockdowns.
Russia charges to third in list countries using China’s yuan
LONDON (Reuters) – Russia has charged up to third place in a list of countries outside mainland China using the yuan for global payments, highlighting how it is being affected by Western sanctions.
China’s economy is beset by problems
China’s zero-covid policy has left its economy equally trapped. The impact is both direct and indirect, hampering both supply and sentiment. The most profound effects are not always the most obvious.
China denies its BRI, CPEC projects faced serious crisis as countries like Pakistan, Sri Lanka drowned in debt
China on Thursday put up a brave face defending its ambitious USD 147 billion BRI, playing down a flurry of reports highlighting that President Xi Jinping’s pet strategic project is turning out to be …
China allocates 420 million yuan for disaster relief
China on Wednesday earmarked 420 million yuan (about 62 million U.S. dollars) of disaster relief funds to support flood control and drought relief work. Among the emergency funds, which were allocated …
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