Oil imports in August jumped by 86.44 per cent to USD 17.6 billion. However, gold imports dipped by 47.54 per cent to USD 3.51 billion, the data showed.
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Stock Connect expansion will attract more IPOs: FS
Financial Secretary Paul Chan on Sunday said China’s move to allow mainland investors to trade in shares of more overseas companies listed in Hong …
Will Covid-19 chills and slumping economy keep China from becoming world’s largest luxury goods market?
A confluence of macroeconomic factors appears to have stirred up an increasing amount of self reflection among China’s young middle-class shoppers and suppressed their appetite for spending Analysts …
Taiwan sees danger that China will blockade food imports to starve island
A recent Chinese Communist military exercise around Taiwan has raised the specter of a blockade to subjugate the island democracy through starvation and the loss of other vital resources.
China’s tech hub Shenzhen goes into COVID lockdown
Six districts within Shenzen will remain in lockdown for seven days as they are considered at high-risk for COVID-19 transmission, Reuters reports. Shenzhen will suspend bus and train services for the …
Economic Watch: Listed companies’ strong performance mirrors China’s economic growth
Listed companies in general managed to sustain a growth trend despite unexpected challenges such as sporadic COVID-19 outbreaks at home and high inflation overseas, said the association. The quality …
EU energy chief urges China and India to support a price cap on Russian oil
The G-7 plans to impose a cap on Russian oil prices. China and India should join in, EU’s energy chief Kadri Simson said.
Where Does China-US Trade Go From Here?
Chad Bown, Liu Luxin, Zongyuan Zoe Liu, and Tu Xinquan on the current state and future prospects of China-U.S. trade.
Crypto Mines Have A Noise Pollution Problem
High-decibel noise complaints now abound wherever there are crypto mining operations, and so does costly litigation to shut down the disruptive noise stemming from Bitcoin mines. Although the …
South Korea vows action on falling China exports after posting record trade deficit in August
South Korea’s overall deficit hit US$9.47 billion last month, the highest figure since records began in 1956 August also marked four consecutive months of trade deficit with the world’s No 2 economy, …
China-based fabless chip provider Intchains files for $29M US IPO
China-based fabless chip provider Intchains Group (ICG) has filed for a proposed $29M US initial public offering. Intchains said in its filing that it was looking to offer …
Biden administration to maintain China tariffs while review continues
WASHINGTON (Reuters) – The Biden administration said on Friday it will keep tariffs on hundreds of billions of dollars worth of Chinese imports in … on hold following China’s military maneuvers …
Report: Crypto Mines Are Causing Alarming Levels of Noise Pollution, Frustrating Residents
Some are filing litigation and complaints to fight back. After China banned crypto mining last year, large parts of the U.S. received an influx of miners. But they created an unexpected problem across …
