Oil prices rose in early trade on Thursday, building on gains in the previous session as China’s demand outlook improves and concerns rise over the impact of sanctions on Russian supply. Brent crude …
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China unveils measures to expand cross-border RMB use
The move aims to further facilitate RMB utilization in cross-border trade and investment in a bid to better meet the needs of foreign-trade related companies regarding transactions and settlement, …
Chinese oil refiners expect to boost exports
Refiners in China are likely to boost exports of refined oil products in the period spanning the last two months of 2022 and into early 2023, which will help stabilize global oil markets and quench…
Chinese oat products producer YanGuFang downsizes US IPO by 37% to $19M
Chinese oat products maker YanGuFang International (YGF) has downsized a proposed US initial public offering by 37% to $19M. Load Error YanGuFang said in a filing that it is now considering offering 3 …
China’s reopening will be a tailwind for the luxury trade, says PIMCO’s Erin Browne
Overtime’ to discuss international stocks surging and expectations for the markets after a possible China reopening.
China Gets Hold Of Alibaba And Other Tops Execs Of Chinese Companies To Trumpet Confidence In Domestic Economy On State TV
Executives from 21 private-sector Chinese companies, including Alibaba Group Holding Limited (NYSE: BABA), lauded their confidence in the nation’s economy in an unparalleled program aired by China’s …
What a China reopening could mean for the global economy
Leland Miller, China Beige Book, on whether a China reopening will be a greenlight for the economy. With CNBC’s Melissa Lee and the Fast Money traders, Tim Seymour, Carter Worth, Steve Grasso and …
Optimism is returning to China’s economy. Can it last?
Much depends on how quickly the country’s ’tsunami’ of COVID infections lasts, and whether Beijing’s unpredictable virus-control policies hamper or foster growth, analysts say …
Biz leader hails China’s support for foreign investment
The global pharmaceutical company is very confident about the development prospects of China’s economy and its open investment environment, Wang added. Thanks to the effective pandemic control …
Chinese imports could undermine Ethiopian manufacturing—leaving women workers worse off
China is now the African continent’s largest trading partner, accounting for US$254 billion in 2021. It’s also the main country of origin for African manufacturing imports, providing 16% of Africa’s …
Philippines to export $260M worth of durian to China
The Philippines will export to China $260 million or P14.3 billion worth of fresh durian, also known as the “king of fruits.” In a statement, the Department of Agriculture (DA) said …
China Includes Digital Yuan in Cash Circulation Data for First Time
CNY, represented 0.13% of cash and reserves held by the central bank. The People’s Bank of China included the country’s digital currency in calculations of the amount of currency in circulation in …
Debt write-off shows China means business in Africa
China is trying to secure its influence on the African continent with tens of billions in loans, infrastructure, and weapons exports.
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