Japan could retake the lead from China as the world’s largest importer of LNG in 2022, a report issued by Banchero Costa on Wednesday claims. In the 12 months of 2021, China’s LNG imports jumped…
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New Peugeot model debuts in China’s Auto Valley with fresh brand image
Over the years, Peugeot 206, 307, 408 and other models have entered many families, making Peugeot one of the mainstream joint venture automobile brands in China. In particular, Peugeot 408 has …
China’s yuan weakens ahead of Fed Chair Powell’s testimony
China’s yuan weakened on Wednesday ahead of Federal Reserve Chair Jerome Powell’s testimony to Congress later in the day, with traders looking for further clues on how aggressively the Fed will hike …
Tesla drives China EV export rebound; Europe absorbs big chunk of the shipments
Automakers in China shipped $1.2 billion worth of EVs last month, up 122 percent from a year earlier as Tesla exports jumped to more than 22,000 after shipping only 60 cars in March and none…
China Economic Review Jun. 22
Such shift is in line with economic laws and will not affect China’s position in the global industrial chain and supply chain. 2. Implement urgent measures to stabilize employment The State Council …
Goldman Sachs explains why China’s inflation rate remains low
Andrew Tilton of the investment bank says China’s situation is different because its economic … Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, …
China’s Guizhou province to slap backdated power charges on uncovered crypto miners
Another Chinese province has introduced higher retroactive electricity charges for cryptocurrency mining projects when they are discovered, a form of financial penalty on the banned activity. See …
Imports from China increased by 45.51 per cent in FY22 to Rs 7.02 trillion: Commerce Ministry data
India’s exports to China grew by 0.61% in FY22, which increased in FY21 by 33.59%. The major items of exports included iron and steel, ores, slag and ash and organic chemicals.
China’s WeChat Updates Policy To Ban Crypto, NFT-related Accounts
WeChat, China’s biggest social media platform, has just announced a ban on all accounts offering crypto or NFT-related services.
Multinationals still full of confidence in China’s economy
China remains the world’s most appealing investment destination despite the near-term headwinds from the COVID-19 pandemic, noted representatives from multinational corporate giants and industry …
BlockFi CEO Prince on Credit Pact With FTX, Crypto Plunge: Q&A
Bloomberg Markets: China Open is the definitive guide to the markets in Hong Kong and on the mainland. David Ingles and Yvonne Man bring you the latest news and analysis to get you ready for…
US ban on imports from China’s Xinjiang over forced labour takes effect
A US law banning imports from China’s Xinjiang province took effect on Tuesday, a move aimed at addressing Beijing’s use of forced labour among the Uyghur minority …
Three reasons why financial institutions are optimistic on China’s economy
China’s economy remains resilient in the long run in spite of challenges from COVID-19 pandemic, international financial institutions said. In reports and data released recently, they cited three …
