The Chinese yuan’s slump to its weakest against the dollar in almost two years adds to what is already a precarious balancing act for Beijing, which is seeking ways to prop up its struggling economy…
Tagged By finance
Yuan Slump Forces China Into Balancing Act to Help Recovery
The Chinese yuan’s slump to its weakest against the dollar in almost two years adds to what is already a precarious balancing act for Beijing, which is seeking ways to prop up its struggling economy…
Container xChange report: Average container prices and leasing rates decline in China amidst peak season shipping
Containerised trade picks up in China to fulfil the demand for the peak shipping season and the container rates have so far not picked up in the country, according to an analysis published by …
Taiwan warns China of ‘heavy price’ for invasion on battle anniversary
Taiwan is determined to defend itself and invaders will incur a “heavy price”, President Tsai Ing-wen said on Tuesday on the anniversary of a confrontation six decade ago in which Taiwanese forces …
China Censors ‘Minions: The Rise of Gru’: Now Gru Gets a Happily Ever After
The revised “Despicable Me” installment will no doubt cause Gentleminions to scoff, as Reuters reports China has altered the film’s ending.
US Challenged Comes at ‘Precarious Time’ For China
Washington now appears keen to bolster its own role in global infrastructure development as it intensifies its competition with China across the globe, a media report said. In June, US President Joe …
Empowered by digital economy, Western China (Chongqing) Science City gains fresh growth steam in industrial development
Smart China Expo is held in southwest China’s Chongqing from August 22 to 24. Western China (Chongqing) Science City brought 112 exhibits from more than 60 enterprises, displaying 5 chips and many new …
China’s financial system will ‘provide some cushion of support,’ expert says
Stephen Roach, Yale School of Management Senior Lecturer at the Jackson Institute, joins Yahoo Finance Live to discuss the economic slowdown in China, the government’s liquidity, inflation, and the …
China Index Holdings Announces Receipt of Non-Binding “Going Private” Proposal
China Index Holdings Limited (NASDAQ: CIH), (“CIH” or the “Company”), a leading real estate information and analytics service platform provider in China, today announced that its board of directors …
Ex-China Development Bank VP tried in open court amid anti-graft push in banking
Beijing’s No.3 Intermediate People’s Court held an open trial for He Xingxiang, former vice president of the China Development Bank (CDB), for taking bribes, illegally issuing financial notes, …
Ex-China Development Bank VP tried in open court amid anti-graft push in banking
Beijing’s No.3 Intermediate People’s Court held an open trial for He Xingxiang, former vice president of the China Development Bank (CDB), for taking bribes, illegally issuing financial notes, …
Former bank official charged with bribery
Prosecutors said from 2006 to 2021, He made use of his multiple positions including as head of the Hainan and Shandong branches of the Bank of China, vice president of the Agricultural Development …
China is burning more coal as historic heatwave cripples its hydroelectricity capacity
China is facing its worst heatwave and drought in over half a century and turning to more coal use, including higher imports of Russian coal.
