Chinese officials love enumeration: the “Three Represents” outlines the responsibilities of the Chinese Communist Party; the “Five Confidences” codify socialism with Chinese characteristics. The …
Tagged By finance
China trade surplus hits a record high, while markets assess Fed’s next move
M arkets in Europe look set to open slightly lower as we start a new week after US markets closed mixed on Friday, and the latest July trade data for China pointed to weak domestic…
Oil bounces as China, U.S. data ease recession concerns
Oil prices edged up from multi-month lows on Monday as investors’ appetite improved following data on U.S. jobs and Chinese exports that eased recession concerns. Brent crude futures had risen 22 …
Overseas investors find sweet spots in China’s green transition
From announcing “dual carbon “goals to advancing its national carbon market, China’s concrete efforts toward green development help energize related sectors, including the low-carbon transformation of …
Baidu bags China’s first fully driverless robotaxi licenses
China search engine giant Baidu Inc said on Monday it has obtained permits to operate fully driverless robotaxi services on open roads from two Chinese cities, the first of their kind in the country.
Leading Solar Energy Solution Provider Haitai Solar Launches IPO on Beijing Stock Exchange
Haitai Solar, a leading new energy solutions and solar module provider, today announced that the Company has completed the process of its initial public offering and started trading on the Beijing …
China defends its African finance role after U.S. ‘debt trap’ comments
As the United States steps up its diplomatic efforts in Africa ahead of a December leaders summit, China is pushing back against claims of Chinese “debt traps” for African nations made by Linda …
China’s retail traders covet ‘demon stocks’ for wild gains, ready to crash and burn, as blue chips struggle to repeat feat
China’s retail investor base consists of 206 million accounts with a collective investment power of about 24 trillion yuan (US$3.55 trillion) At least 18 stocks have surged by more than 50 per cent …
Apple reportedly tells suppliers to avoid ‘Made in Taiwan’ labels on shipments to China
Apple has reportedly warned Taiwanese suppliers to ensure shipments to China comply with a longstanding labeling regulation following House Speaker Nancy Pelosi’s recent visit to Taipei.
Pelosi’s Taipei visit has hastened the pace of US-China decoupling — bad news for the world
The stakes are mindboggling for manufacturing & financial sectors in US and China, and thousands of companies in other countries, including India, who feed on their business.
Van Hollen says China’s Xi manufactured crisis over Pelosi trip to Taiwan
Sen. Chris Van Hollen (D-Md.) on Sunday said Chinese President Xi Jinping decided to “manufacture a crisis” over a visit from Speaker Nancy Pelosi (D-Calif.) to the self-governing island nation of …
China’s foreign currency reserves up in July
China’s foreign exchange reserves climbed to $3.1041 trillion by the end of July, up $32.8 billion from June, data from the State Administration of Foreign Exchange showed on Sunday. “Supply and …
China to push on with emissions reduction even as Taiwan spat widens rift with US, renews concerns about global warming
The suspension of US-China climate talks reflects the uneasy cooperation between the world’s two largest greenhouse gas emitters That disengagement comes three months before the next United Nations …