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China’s cleanup of WMP securities that are not compliant is ‘basically complete,’ official declares

Please try another search Economy16 hours ago (Jan 15, 2022 01:35AM ET) © Reuters. FILE PHOTO: The Chinese national flag is seen in Beijing, China April 29, 2020. REUTERS/Thomas Peter BEIJING (Reuters) – China has made progress in cleaning up non-compliant wealth-management products (WMPs), a senior regulatory official said on Saturday, as he declared a…

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China GDP: Five things to keep an eye on before Xi pushes for a third term

Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business news Digital Be informed with the essentialnews and opinion MyFT – track the topics most important to you FT Weekend – full…

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China Locks

China Locks Down 3rd City, Raising Affected To 20 Million

BEIJING (AP) — A third Chinese city has locked down its residents because of a COVID-19 outbreak, raising the number confined to their homes in China to about 20 million people.The lockdown of Anyang, home to 5.5 million people, was announced late Monday after two cases of the omicron variant were reported. Residents are not…

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China Switched

China turned on its nuclear-fusion device, which is 5 times more hot than the Sun

Last week, China switched on a nuclear fusion reactor. The “artificial sun” is known as the Experimental Advanced Superconducting Tokamak (or EAST for short). After turning it on, China noticed record high levels for sustained temperatures. According to China’s state media, the EAST reactor ran five times hotter than the real Sun for over 17…

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China secures a third city

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China has voiced a harsh critique of the US’s supply-chain strategy

The US government has made it a national priority to strengthen the resilience of its critical supply chains.Washington’s efforts are driven in large part by a recognition that years of hollowing out its domestic industrial base have left the country overly reliant on foreign countries—including its chief strategic competitor, China—for inputs crucial to powering the…

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China clamps

China Cuts Winter Holiday Private Tutoring

On January 7, 2022, The Ministry of Education stated that the Double Reduction Policy would be strictly enforced during the winter holiday, in order to minimize pressure on school children.Training centers and private tutoring services will be under strict surveillance by local authorities to ensure they are not providing curriculum based tutoring. Teaching the Chinese school…

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achieve China

Can China fulfill its ambitious climate commitments? Hongqiao Liu

In 2020, China’s President Xi Jinping pledged that China would both peak its emissions by 2030 and achieve net-zero emissions by 2060 — a change that will require action at an unheard-of scale and speed. Can the country actually achieve this ambitious vision? In this forward-looking talk…

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China Declares Stable Economy ‘Crucial’ in 2022

Please try another search Economy1 hour ago (Jan 05, 2022 11:36PM ET) © Bloomberg. China Customs officers raise a Chinese flag during a rehearsal for a flag-raising ceremony along the Bund past buildings in the Lujiazui Financial District at sunrise in Shanghai, China, on Tuesday, Jan. 4, 2022. A wall of maturing debt and a…

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China Mobile shares rise in Shanghai debut

Please try another search Economy2 hours ago (Jan 05, 2022 04:01AM ET) 2/2 © Reuters. FILE PHOTO: A sign of China Mobile is seen on a street in Shanghai, China January 4, 2022. REUTERS/Aly Song 2/2 SHANGHAI (Reuters) -China Mobile Ltd shares gave up strong early gains but finished the day higher in their Shanghai…