BEIJING – China will ensure stable economic operations this year, keep economic growth, employment and prices within reasonable ranges, state media quoted the cabinet as saying on Monday. China’s economy …
China
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SHANGHAI – China’s industry regulator has given China Evergrande New Energy Vehicle Group approval to start sales of its inaugural electric car, the Hengchi 5 sport utility vehicle, according to …
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Financial News
Ex-PBOC adviser expects China to cut rates further – China Securities Journal
by Reutersby ReutersSHANGHAI – China will further cut interest rates to stabilise the economy, as shrinking China-U.S. yield spreads won’t change Beijing’s monetary policy loosening bias, the China Securities Journal reported on …
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SHANGHAI – China’s securities regulator on Friday published draft rules on how fines for securities fraud offenses will be prioritised to compensate investors in civil cases, part of a broader …
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Financial News
China premier confident of hitting 2022 growth target despite obstacles
by Reutersby ReutersBy Ryan Woo BEIJING – Chinese Premier Li Keqiang said on Friday he is confident of hitting this year’s economic growth target, despite headwinds including the war in Ukraine, pledging …
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US and World News
Ukraine is model for Taiwan defense should China violate its ‘sovereignty’ -U.S. official
by Reutersby ReutersBy Michael Martina WASHINGTON – Ukraine’s stiff resistance against the invasion by Russian forces could be a model for Taiwan to defend itself should China choose to violate the island’s …
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Financial News
Russia says China refuses to supply aircraft parts after sanctions
by Reutersby Reuters– China has refused to supply Russian airlines with aircraft parts, an official at Russia’s aviation authority was quoted by Russian news agencies as saying on Thursday, after Boeing and …
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Financial News
China bars mainland brokers from promoting SPAC deals in Hong Kong – sources
by Reutersby ReutersBy Scott Murdoch, Samuel Shen and Selena Li SYDNEY/HONG KONG – China’s securities regulator has barred the country’s investment banks it regulates from acting as promoters of blank-check firms in …
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China Pushes Russia’s Ukraine Narrative With Facebook Ads Sebastian Hughes on March 9, 2022 China Global TV Network (CGTN), a Chinese state broadcaster, is running ads on Facebook that push …
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US and World News
Taiwan says China is too busy with party congress to raise tensions now
by Reutersby ReutersTAIPEI – China is too busy with ensuring stability for a key Communist Party congress at the end of the year where President Xi Jinping will likely get a third …
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SHANGHAI – Adidas has replaced its China chief, it said on Tuesday, as the German sportwear brand looks to revive sales in the world’s second largest economy. The company has …
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‘Decisive, Overwhelming Force’: How China Will Learn From Russia’s Invasion Sebastian Hughes on March 4, 2022 The West’s unity in the face of Russia’s invasion of Ukraine will likely make …
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Christian Fugitives Face Martyrdom In Communist China Philip Lenczycki on March 5, 2022 A group of 60 persecuted Christians face looming deportation from South Korea back to Communist China this …
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US and World News
China pledges peaceful growth of Taiwan ties, but opposes foreign interference
by Reutersby ReutersBy Yew Lun Tian BEIJING -Chinese Premier Li Keqiang pledged on Saturday to advance peaceful growth in relations with Taiwan and “reunification”, and said his government firmly opposes any separatist …
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BEIJING – The new U.S. ambassador to China, Nicholas Burns, has arrived in the country and will be in quarantine for three weeks, the U.S. embassy said in a tweet …
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US and World News
China announces South China Sea drills close to Vietnam coast
by Reutersby ReutersBEIJING – China is carrying out more than a week of military drills in the South China Sea in an area between its southern province of Hainan and Vietnam, the …
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Financial News
China aims to boost big-bank loans to small business over 40% in 2022
by Reutersby ReutersBEIJING/SHANGHAI – China aims to boost lending to small businesses from large commercial banks by over 40% this year, Premier Li Keqiang told the annual meeting of parliament on Saturday. …
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BEIJING – China will continue its crackdown on monopolies to ensure fair competition, Premier Li Keqiang said in a report released ahead of the start of the annual session of …
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Department of Justice Press Releases
Former Tungsten Heavy Powder & Parts CEO Arrested and Charged with Unlawful Exportation of Defense Articles including to The People’s Republic of China
by DOJ Pressby DOJ PressAssistant U.S. Attorneys Kareem A. Salem (619) 546-8904 and John Parmley (619) 546-7957 NEWS RELEASE SUMMARY – March 4, 2022 SAN DIEGO – Joe Sery, former owner and chief executive …
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Financial News
China calls on rare earths companies to bring prices back to “reasonable” level
by Reutersby ReutersBEIJING – China summoned some key rare earths companies amid continuously-rising product prices and urged them to ensure a steady supply chain to help cool prices, the regulator said on …
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US and World News
World Bank Makes Big Show Of Cutting Off Russia Just Weeks After Being Accused Of Oppressing Uyghurs In China
World Bank Makes Big Show Of Cutting Off Russia Just Weeks After Being Accused Of Oppressing Uyghurs In China Ailan Evans on March 3, 2022 The World Bank announced Wednesday …
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Financial News
Analysis-Sanctions response to Russia’s invasion offers clues for China
by Reutersby ReutersBy Tony Munroe BEIJING – Under President Xi Jinping, China has pushed for self-reliance in key areas of technology and the payments needed to settle trade to minimise its vulnerability …
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BEIJING – A Russian-run online store on Chinese e-commerce platform JD.com thanked Chinese shoppers for their support after it sold out of most items including chocolate and fabric softener, saying …
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Financial News
China set to approve 3rd batch of localities for digital yuan trials – state media
by Reutersby ReutersSHANGHAI – China will soon approve the third batch of localities set to launch trials of its digital yuan currency, state-backed financial outlet Securities Times reported on Wednesday. According to …
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Featured NewsFinancial News
China warns of ‘huge’ pressure on foreign trade as economic challenges mount
by Reutersby ReutersBEIJING -A top Chinese official warned on Tuesday that China’s economy faces multiple challenges at home and abroad this year, including “huge” pressure from uncertainty over global trade and from …