China has issued an additional crude oil import quota of at least 5.84 million metric tons (116,800 barrels per day) to independent refiners for cargoes arriving by end-2024 and in early 2025, people …
Tagged By beijing
China c.bank injects $124 bln into banking system via one-year policy loans
China’s central bank injected 900 billion yuan ($124.3 billion) into the banking system on Monday via one-year policy loans, as local governments step up selling bonds to ease debt burdens.
China zeroes in on investigating ‘common disputes’ as it reels through spates of ‘revenge crimes’
China’s justice ministry announced that they will be actively probing local disputes after the country witnessed several violent incidents such as mass stabbings and car rammings in multiple cities …
Chinese startups suffer as IPO freeze prompts investors to exercise redemption rights
IPO freeze, economic issues lead to rise in redemption requests … “If it hadn’t been for the three-year pandemic, we might really be on the Beijing Stock Exchange by now,” Ma said. A slump in…
Robust growth dispels myths about China’s consumption
In the first half, GDP grew at a rate of 5 percent year-on-year, while retail sales rose 3.7 percent. Despite this, the outlook for Chinese consumption remains mixed, with some warning that the …
Apple Chief Returns to China as Beijing Prepares to Fete CEOs
Apple Inc. Chief Executive Officer Tim Cook is visiting China for at least the third time this year, showing up at a suppliers’ conference on the same day a top Beijing official convened an important…
How Trump’s Tariffs on China Changed U.S. Trade, in Charts
China is no longer the main source for U.S. imports. Mexico took its place last year. That seismic shift started in 2018 after President Trump signed into law a round of tariffs on many Chinese…
Chinese exports will hit record this year before Donald Trump’s second term
Export growth will accelerate to 7 per cent in the final three months from the same period last year, according to the median forecast of analysts surveyed by Bloomberg …
Thailand, the “Detroit of Southeast Asia” is at the forefront of China’s battle for the global auto market
He’s part of a growing number of Thai drivers buying EVs sold by Chinese car companies but made in Thailand, a nation that’s become one of the front lines in the global battle for auto-market…
Analysis-Chinese Startups Suffer as IPO Freeze Prompts Investors to Exercise Redemption Rights
In August last year, Zibo Tianheng New Nanomaterials Technology said failure to conduct an IPO by the end of 2023 could trigger redemption requests from investors Luxin Capital and Zibo Hightech …
China Keeps Policy Loan Rate Unchanged for Second Month
China’s central bank kept a policy loan rate unchanged after last cutting it in September, as the authorities stay patient in ramping up monetary stimulus.
Hong Kong and Macao residents can now travel to the Mainland ‘document-free’ through Shenzhen Bay and Gongbei Ports
All individuals must still hold their valid exit-entry documents when travelling between the Chinese mainland and Hong Kong and Macao SARs.
Renovated Beijing Workers’ Stadium sets record for most photovoltaic panels
After its comprehensive renovation last year, the roof of Beijing Workers’ Stadium set the record for having the most solar panels of any stadium in China. This stadium’s solar system, comprising 351 …
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