China’s central bank plans to intervene directly in bond markets in a sign of officials’ growing discomfort with a rally that has pushed borrowing costs to the lowest level in two decades. The …
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China to borrow treasury bonds from primary market to keep yields stable
China’s central bank, concerned about a decline in long-term bond yields, will borrow treasury bonds from primary market traders to maintain liquidity in the market.
CertiK Leverages Alibaba Cloud for Enhanced Blockchain Development in Asia
Blockchain security firm CertiK has partnered with Alibaba Cloud, the cloud computing subsidiary of Chinese e-commerce giant Alibaba.
Beijing provides online drug purchasing service for insured individuals
Following Shanghai and several cities in Guangdong province, Beijing has also begun to provide online drug purchase services through individual medical insurance accounts, covering 300 pharmacies city …
Structural Failure Causes Beijing Tianbing Rocket to Crash During Test
A rocket stage from Beijing Tianbing Technology’s Tianlong-3 detached during a test and landed in a hilly area without casualties.
Beijing eases mainland China entry with new five-year visa for Hong Kong, Macau residents
China simplifies mainland entry for long-term Hong Kong and Macau residents, new visa policy enhances cross-border travel for expats …
China’s CCB cuts pay of headquarters staff by at least 10%, sources say
China Construction Bank Corp (CCB) , the nation’s second-largest commercial bank by assets, has asked employees at its headquarters to take a pay cut of at least 10%, two sources with knowledge of the …
NewsBriefs – Ant Group boosts blockchain subsidiary capital amid China’s crypto restrictions
Ant Digital Technologies, the blockchain division of Alibaba’s Ant Group, has significantly increased the registered capital of its subsidiaries, Ant Blockchain Technology (Shanghai) and Ant Chain …
There is no end in sight for China’s uneven economic story
This contrasts with the results of an official government survey Sunday that showed a contraction among larger, state-owned manufacturers, underscoring that the recovery in the world’s second largest …
China stops publishing data that showed falling renewable power plant usage
China’s latest monthly power report excluded data on usage rates by generation source, after recent data showed declining utilisation at renewable power plants, a trend that was expected to continue.
China Box Office: ‘A Quiet Place: Day One’ Debuts Third as ‘Moments We Shared’ Leads Weekend
Over the latest weekend, Chinese-produced feelgood movie “Moments We Shared” headed the box office chart for a second weekend, but with a significantly weaker performance.
China sets up new state body to drill deep for oil and gas reserves
China is setting up a new entity that groups national oil producers and other state firms to search for ultra-deep oil and gas reserves and tackle harder-to-extract non-conventional resources, state …
Beijing Digital Economy Experience Week & Digital Consumption Festival opens
On June 27, the launch ceremony of the 2024 Beijing Digital Economy Experience Week & Digital Consumption Festival kicked off in Shougang Park. As an important part of the Global Digital Economy …
