Category: Finance

Li Keqiang again mentioned commodities experts: China’s economy was hit

On May 19, Chinese Premier Li Keqiang mentioned the issue of commodity price hikes again at the State Standing Committee…

PBOC official: RMB internationalization requires abandoning exchange rate control

Zhou Chengjun, director of the Institute of Finance at the Central Bank of China (CBC), said that for the yuan…

Alibaba to cooperate with central bank to provide digital yuan services

Alibaba’s financial services unit is rumored to offer Chinese users digital renminbi financial services in cooperation with China’s central bank….

Canada imposes tariffs of up to 300% on sofas made in China

Canada is already imposing duties of up to 300% and 100% on some sofas and recliners from China and Vietnam,…

Blue Origin spacecraft first flight seat bidding up to $2.8 million

Amazon.com founder Bezos’ aerospace business Blue Origin is preparing for liftoff this summer with online bidding for the spacecraft’s first…

Soaring steel prices in China force employees to stop production “vacation”

The price of steel raw materials in China has risen sharply recently, with steel market prices around the country surpassing…