China is the largest oil importer by far from Saudi Arabia and from Iran, highlighting the risk it faces if the war in Israel and Gaza were to broaden.
Tagged By beijing
Pheton Holdings Files for IPO
By Ben Glickman Pheton Holdings on Wednesday filed for an initial public offering with the U.S. Securities and Exchange Commission. The Chinese …
China to host Belt and Road forum in Beijing Oct 17-18
China will host its third Belt and Road Forum next week, its foreign ministry said on Wednesday, a President Xi Jinping signature event that President Vladimir Putin is due to attend on a rare trip…
Sam Bankman-Fried bribed China $100M to unfreeze crypto accounts, Caroline Ellison testifies
Caroline Ellison, the former CEO of Alameda Research and ex-girlfriend of FTX founder Sam Bankman-Fried, testified Wednesday that the duo bribed Chinese officials $100 million to regain access to more …
China Bolsters Social Security Net to Aid Low-Income Groups Amid Post-Covid Economic Strife
China’s State Council is gearing up to fortify its social security net, a move aimed at providing crucial support to low-income groups who are grappling with the aftermath of the Covid-19 pandemic’s …
Beijing tells China’s poor that help is coming, as leaders order wider social security net amid rising economic toll
China’s State Council also puts the onus on local governments to bolster support for those most in need, including the poor and elderly, while also vowing to keep them warm this winter.
China is boosting efforts spread the yuan as it sells a record $7.5 billion in offshore bonds this year
Beijing is looking to spread the influence of China’s currency by selling a record amount of yuan-denominated bonds overseas this year.
China loses team eventing place at Paris Olympics because horse found with a ‘controlled medication’
China has lost its place in team eventing at next year’s Paris Olympics because the horse of a three-time Olympian was found to have a “controlled medication” in its system.
Rare Metal Discovery Gives China a Boost
The discovery of the ore, called niobobaotite, could further China’s lead, as the rare ore is composed of niobium, barium, titanium, iron and chloride, according to a report by Live Science.
Shenzhen Digital RMB Industrial Park launches operations
SHENZHEN, Oct. 11 (Xinhua) — The Shenzhen Digital RMB Industrial Park officially launched operations on Wednesday, according to a press briefing held in the southern Chinese metropolis of Shenzhen.
Rule curbing AI chip exports to China under final review
A U.S. rule that restricts shipments of certain advanced chips to China has been revised and is under final review, according to a government posting, suggesting that further curbs on chips that can …
China’s State Media Accused of Spreading Anti-Israel Disinformation
Anti-Israel and antisemitic rhetoric has become prevalent on China’s insular social media in recent years, in part because of Israel’s close association with the U.S. and the West. U.S. officials have complained that China has…
China property creditors face worsening restructuring terms as sector recovery hopes sour
By Clare Jim, Xie Yu and Davide Barbuscia HONG KONG/NEW YORK (Reuters) – As more Chinese property developers move towards restructuring billions of dollars of debt, their offshore creditors are expected to face another setback…