By Laurie Chen BEIJING (Reuters) – China’s top graft-busting body on Thursday vowed to “resolutely” crack down on corruption in the financial sector, days after a well-known Chinese dealmaker became …
China
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Strong earthquake strikes Tajikistan, near border with China
by Reutersby ReutersDUSHANBE (Reuters) – An earthquake of about 6.8 magnitude shook eastern Tajikistan at 5:37 a.m. (0037 GMT) on Thursday, Tajik authorities said, which was felt in China and other neighbouring …
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In China, more families on the fence on home buying, foreclosures cloud sector
by Reutersby ReutersBEIJING (Reuters) – The number of Chinese households that decided against buying a home soared in the fourth quarter of 2022, a private survey showed, as COVID infections and lockdowns …
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Battery Industry Is Already Calling For More Handouts In Order To Compete With China
Battery Industry Is Already Calling For More Handouts In Order To Compete With China John Hugh DeMastri on February 22, 2023 A trio of battery trade groups have called on …
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Economists urge China to think ‘beyond GDP’ to head off climate risks
by Reutersby ReutersBy David Stanway SINGAPORE (Reuters) – A team of influential economists has urged China to adopt a new development model based on “wellbeing” rather than GDP growth in order to …
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Biden Admin Threatens ‘Consequences’ If China Crosses ‘Red Line,’ But Won’t Reveal What They Are
Biden Admin Threatens ‘Consequences’ If China Crosses ‘Red Line,’ But Won’t Reveal What They Are Micaela Burrow on February 22, 2023 The Biden administration has threatened consequences for China if …
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Notre Dame Condemns China For Uyghur ‘Genocide’ In International Criminal Complaint Brief
Notre Dame Condemns China For Uyghur ‘Genocide’ In International Criminal Complaint Brief Kate Anderson on February 21, 2023 Notre Dame Law School (NDLS) announced Tuesday that it had filed a …
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China boosts Australian coal imports on hopes for more easing of curbs -traders, data
by Reutersby ReutersBy Muyu Xu and Chen Aizhu SINGAPORE (Reuters) -Chinese utilities and traders have stepped up purchases of Australian coal in February, encouraged by signs of further policy relaxation after trade …
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BEIJING (Reuters) – China expects its tourism market to flourish this year, starting with a busy and robust summer travel season as travellers flock to vacation destinations after the government …
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Russia rails at UN move on Ukraine, China readies ‘position paper’
by Reutersby ReutersBy Michelle Nichols UNITED NATIONS (Reuters) – Russia has urged U.N. states to vote against an “unbalanced and anti-Russian” move at the General Assembly by Ukraine and others to mark …
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By Karen Freifeld (Reuters) – The House Foreign Affairs Committee will hold a hearing next Tuesday with top officials on China policy to identify gaps in pursuing what it called …
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Oil falls more than 1% as growth fears offset China demand hopes
by Reutersby ReutersBy Stephanie Kelly NEW YORK (Reuters) -Brent crude oil slipped more than 1% in a volatile session on Tuesday as persistent concerns about global economic growth outweighed supply curbs and …
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German exports to China decline in January despite lifting of lockdown
by Reutersby ReutersBERLIN (Reuters) – German exporters’ hopes of a revival in trade with China after Beijing abruptly dismantled its strict “zero-COVID” policy in December failed to materialise at the start of …
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SHANGHAI (Reuters) – Volkswagen’s joint venture with China’s SAIC Motor said on Monday it had appointed Jia Jianxu, a veteran executive at the state-owned Chinese automaker, as its new general …
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China holds lending benchmarks for 6th month, but more easing seen
by Reutersby ReutersBy Winni Zhou and Brenda Goh SHANGHAI (Reuters) – China kept its benchmark lending rates unchanged for a sixth straight month in February, as expected, with the world’s second-largest economy …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Three central bank policy decisions dominate the economic calendar in Asia this week, …
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BEIJING (Reuters) – China’s banking regulator and the central bank plan to adopt a more differentiated regulatory system for assessing commercial banks’ capital adequacy and risk management, in a step …
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U.S. VP Harris agrees to be ‘closely aligned’ on China with Macron, Scholz
by Reutersby ReutersBy Kanishka Singh and Costas Pitas (Reuters) – U.S. Vice President Kamala Harris discussed challenges posed by China with French President Emmanuel Macron and German Chancellor Olaf Scholz and agreed …
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Dem Senator Rips China For ‘Hypocrisy’ Over Its Battery Plant Deal With Ford
Dem Senator Rips China For ‘Hypocrisy’ Over Its Battery Plant Deal With Ford Nino Cambria on February 17, 2023 Democratic Virginia Sen. and Senate Intelligence Committee chairman Mark Warner called …
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Dem Senator Says Some Congressional Members Are ‘Rooting For A Conflict’ With China
Dem Senator Says Some Congressional Members Are ‘Rooting For A Conflict’ With China Harold Hutchison on February 16, 2023 Democratic Sen. Chris Murphy of Connecticut claimed Thursday that some in …
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China set to leave lending benchmarks unchanged as economic recovery seen on track
by Reutersby ReutersSHANGHAI (Reuters) – China is widely expected to leave its benchmark lending rates unchanged at the monthly fixing on Monday, a Reuters survey showed, as investors believe the world’s second-largest …
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China takes top spot in global refining capacity but output lags U.S.
by Reutersby ReutersBEIJING (Reuters) – China’s oil refining capacity overtook the United States as the world’s largest in 2022, an industry official said on Thursday, though its production of fuel products lagged …
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SHANGHAI (Reuters) – Tesla raised prices of performance and long-range versions of its Model Y mid-size sport utility vehicles (SUV) in China on Friday, according to its Chinese website. The …
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By Gibran Naiyyar Peshimam ISLAMABAD (Reuters) – The United States is concerned about debt owed to China by Pakistan and other countries, U.S. State Department Counselor Derek Chollet said on …
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Exclusive-SoftBank’s Arm China profit drops over 90% in 2022 -document
by Reutersby ReutersBy Jane Lanhee Lee and Kane Wu OAKLAND, Calif./HONG KONG (Reuters) – Chip technology firm Arm China suffered a 90% drop in profit last year despite revenue rising more than …