Taiwan has threatened to drag China to the World Trade Organization following a statement from Beijing saying it would suspend the import of sugar apple and wax apple citing pest concerns. The move marks the latest spat between Democratic Taiwan… Read More ›
In a statement China’s Commerce Ministry said, China has filed an application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The Chinese move is aimed at bolstering its clout in global trade. The application was made by… Read More ›
In a statement, China aviation regulator said, its first narrowbody jet, the C919 will be delivered to its launch customer, China Eastern Airlines and that it is about to enter final assembly. Deliveries will commence before the end of the year…. Read More ›
In a first, BlackRock’s mutual fund subsidiary in China established a fund after raising $1.03 billion (6.68 billion yuan) in a shortened subscription period. With this development BlackRock has become the first foreign asset manager to operate a wholly-owned business in… Read More ›
In a statement China’s top securities regulator said, Beijing plans on further opening its capital markets to foreign investors with an aim to pursue pragmatic cross-border cooperation to regulate overseas-listed Chinese companies. In recent months, global investors have been spooked… Read More ›
In a significant development, a human rights group has filed a complaint to German prosecutors alleging that several fashion retailers have profited from forced labor camps, a euphemism for modern concentration camps, in China’s Xinjiang region. Berlin-based European Centre for… Read More ›
For the first time in since April 2020, China’s factory activity contracted in August despite COVID-19 containment measures, rising prices of raw material and adjustments in supply bottlenecks weighed on production output in a surprise blow to the economy. This… Read More ›
Officials from the American Chamber of Commerce in China’s southwestern city of Chengdu said, Chinese authorities have instructed them to close the American Chamber of Commerce. Earlier this week, the chamber notified its members that, in accordance with Chinese laws… Read More ›
China’s central bank The People’s Bank of China (PBOC) has increased its short-term fund injection this week to meet higher cash demand that typically ensues towards the month-end. In a statement PBOC said it has offered $7.71 billion (50 billion… Read More ›
U.S. Trade Representative Katherine Tai told her Turkish counterpart Mehmet Mus, that Ankara must remove individual digital services taxes following a broader multilateral agreement that was reached in talks led by the OECD. Among a range of issues that was… Read More ›
