China continues advancing payments in Yuan agenda. Recently, the Chinese leadership visited India and assured India of its recognition of India as a sovereign nation.
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China Oil Giant Plans Record Spending on Energy Security Push
Sinopec will spend record amounts this year to increase oil and gas drilling as China aims to bolster its energy security and insulate itself from volatile global commodity markets. Most Read from …
Amid Shanghai’s Covid-19 spike, China launches nucleic acid testing across financial hub
As the COVID-19 cases resurged in China`s financial hub, Shanghai plans to launch a new round of nucleic acid testing across the city, starting from Monday. The temporary closed-off management will …
China launches nucleic acid testing across Shanghai
As the COVID-19 cases resurged in China’s financial hub, Shanghai plans to launch a new round of nucleic acid testing across the city, starting from Monday. The temporary closed-off management will …
Covid in China: Shanghai to lock down in two stages from Monday as cases spiral
The Shanghai government on Sunday announced they would divide the city into two for testing its millions, using the Huangpu river that passes through the city as a guide.
China’s Jan-Feb industrial profits up 5%, more efforts needed to help firms
Employees of a metal materials company in Luoshe town, Huzhou, East China’s Zhejiang Province weld a steel structure on January 20, 2022. As the Spring Festival approaches, compan …
China’s Sinopec plans its biggest capital expenditure in history
China Petroleum & Chemical Corp, better known as Sinopec, is planning its highest capital investment in history for 2022 after recording its best profit in a decade, echoing Beijing’s call for energy …
China’s green credit balance tops 15 trillion yuan
Outstanding green credit of 21 major banks in China reached 151 trillion yuan 237 trillion US dollars at the end of 2021 of …
China’s private firms get more loan support in 2021
Loans granted to private businesses in China saw growth in 2021 as the country has been improving financial services for them. As of the end of last year, outstanding loans to private firms stood at…
Analysts: China opposes sanctions for good reasons
BEIJING: One month after the Ukraine crisis broke out, China and an increasing number of like-minded nations have voiced objection to unilateral sanctions by United States-led Western countries.
China economy faces worst slowdown since pandemic, says financial experts Nomura Holdings
China’s economy faces its worst downward pressure since the spring of 2020 when it was hit by the first wave of Covid-19, according to Nomura Holdings Inc.
Top 10 highlights of China’s economy in 2022
Global accounting and consulting firm EY recently analyzed the top 10 highlights and potential opportunities of China’s economy in 2022. Based on policies stipulated in the tone-setting Central …
Beijing has stopped the panic in China’s stock markets, but it must do more to convince investors
Intervention to calm panic is welcome but took too long, coming only after 16 months of intense crackdowns, including on tech giants Tencent and Alibaba The rhetoric must now be matched with concrete …
