China

BEIJING – China is capable of adapting to policy changes from the U.S. Federal Reserve and authorities expect uncertainties abroad to have a smaller impact on the Chinese currency, the …

By Rachel Savage and Jorgelina do Rosario LONDON – China has committed to joining Zambia’s creditor committee, International Monetary Fund managing director Kristalina Georgieva said on Thursday, amid complaints from …

SPALDING: Russia’s Botched Ukraine Invasion Still Hands China Lessons For Seizing Taiwan Robert Spalding on April 20, 2022 With the eyes and hearts of the world fixed on Russia’s ruthless, …

By Andrea Shalal WASHINGTON – World Bank President David Malpass on Wednesday said he expects a “strong effort” by major economies to reduce their dependence on Russia for energy supplies …

WASHINGTON – International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday that China should use fiscal space to stimulate consumption as it faces an economic slowdown prompted by renewed …

HONG KONG – Taiwan is a part of China and no one can change that, Chinese Defense Minister Wei Fenghe said on Wednesday during a rare phone call with U.S. …

BEIJING – China’s finance ministry and tax regulator on Wednesday said they will accelerate Value Added Tax (VAT) credit rebates for small firms. Medium-sized manufacturing firms are allowed to claim …

BOAO, China – China remains on track to reach its 2022 growth target of around 5.5% as it has ample stimulus space, government economists said on Wednesday, despite a resurgence …

TAIPEI -Taiwan firms making chip and electronic components reported a mixed picture on Wednesday on work resumption in the eastern Chinese city of Kunshan after COVID-19 curbs, with some warning …

By Chen Aizhu and Muyu Xu (Reuters) – Saudi Arabia exported nearly 13% less oil to China in March than a year earlier but retained its top supplier spot, while …

By Daniel Leussink TOKYO – Japan recorded a trade deficit in March that was more than four times wider than market forecasts, as China-bound exports slowed sharply while soaring energy …

MILAN – Italian luxury group Prada posted strong results in the first four months of the year as its U.S. business offset the impact of suspending operations in Russia and …

SHANGHAI – Benchmark lending rates for China’s commercial banks are likely to be lowered at a monthly fixing on Wednesday, a Reuters survey showed, as Beijing cautiously eases monetary conditions …

By Clare Jim HONG KONG – Chinese developers are heeding Beijing’s call and accelerating a push into asset-light businesses such as property services and commercial real estate to cut their …

‘Strictest, Most Thorough’: China Pledges To Make Shanghai Suffer Even More Under Its ‘Zero-COVID’ Policy Philip Lenczycki on April 18, 2022 As residents of Shanghai continue to starve under their …

BEIJING – China’s accommodation and catering sector contracted in January-March from a year earlier for the first time since 2020, pointing to increasingly flagging consumption weakened by COVID curbs on …

BEIJING – China’s state planner called on Tuesday for the implementation of policies to support the country’s catering and retail sectors. Spending on new energy vehicles (NEVs) should also be …

BEIJING -China will step up financial support for industries, firms and people affected by COVID-19 outbreaks, the central bank said on Monday, as part of steps to cushion economic slowdown. …

SHANGHAI – The smallness of a cut to the amount of money Chinese banks must hold in reserves may reflect concern by the Chinese central bank over inflation and U.S. …

SYDNEY – Australia would continue to cooperate with Solomons Islands on matters of security even if the Pacific island nation signs a proposed security agreement with China that Australia opposes, …

SHANGHAI -China’s central bank kept borrowing costs of its medium-term policy loan unchanged for the third straight month as expected on Friday, despite Beijing calling for more monetary stimulus to …

By Timothy Aeppel (Reuters) – Through most of the pandemic, Kent International, Inc couldn’t import enough Chinese-made bicycles to supply Walmart Inc and its other big U.S. retail customers. But …