China Financial News

08.04 / 18:55
Sustainability social information reports Schools rights politician ESG reporting witnesses increase in global variance
US Securities and Exchange Commission (SEC) last week stayed the first-of-its-kind climate disclosure rules pending judicial review and amid a political backlash. The rules, adopted a month earlier, had taken two years to pass a pared down version and required public companies to disclose extensive climate change-related information in their regulatory filings. This development comes three months after China unveiled its ESG rules requiring companies to publish sustainability reports by 2026. In a significant move, the Supreme Court of India in a ruling released last week expanded the scope of Articles 14 and 21 to include the 'right against the adverse effects of climate change'.
08.04 / 17:47
markets Trade country Geopolitical tensions Gold continues to shine for seventh session straight on geopolitical tensions; silver surges to three-year high
Why are gold and US dollar rates moving in same direction? — explained In March, China's central bank disclosed an addition of 160,000 troy ounces of gold to its reserves. Alongside, countries including Turkey, India, Kazakhstan, and various Eastern European nations have also engaged in gold purchases throughout the year. “The gold and silver market continues its relentless climb.
08.04 / 14:59
markets MET Cooper Trade country Relationships Yellen says US-China relationship on 'more stable footing' but more can be done to improve ties
U.S. Treasury Secretary Janet Yellen has met with Chinese Premier Li Qiang and sent a message of mutual cooperation despite the nations’ differences
08.04 / 14:59
UPS Waves Manufacturing security War US will push China to change policy that threatens American jobs, Treasury Secretary Yellen says
Treasury Secretary Janet Yellen says the Biden administration will push China to change an industrial policy that poses a threat to U.S. jobs
08.04 / 14:59
markets Provident Cooper Manufacturing economy Trade reports US and China plan talks on economics, including manufacturing issue, Yellen says
U.S. Treasury Secretary Janet Yellen says upcoming U.S.-China talks will tackle a top Biden administration complaint that Beijing’s economic model and trade practices put American companies and workers at an unfair competitive disadvantage
08.04 / 14:59
UPS Manufacturing Fighting economy Remark Trade reports Will China flood the globe with EVs, green tech? What's behind latest US-China trade fight
China’s burgeoning production of electric cars and other green technologies has become a flashpoint in a new U.S.-China trade fight
08.04 / 14:59
UPS Fighting President students Universities Schools Colleges NOT Following program cuts, new West Virginia University student union says fight is not over
The West Virginia United Students’ Union is the leading oppositional force against cuts at the state's flagship university
08.04 / 14:45
solana Shiba Inu play Crypto Polo Event in Dubai Will See Roger Ver Play With Shiba Inu, Solana Team Members
Polo — a high society event usually associated with champagne and attended by the upper echelons of society is now being adopted by the crypto crowd.
08.04 / 14:33
markets UPS WhatsApp show country electronic Personal computer imports from China dip 3 pc during Nov-Feb 2024
New Delhi: The country's imports of personal computers from China dipped 3 per cent to USD 917 million during November-February 2024, according to commerce ministry data. The inbound shipments stood at USD 950.22 million from the neighbouring country during November-February 2023. Similarly, imports contracted about 48 per cent to USD 917 million from China during November 2023-February 2024 as against USD 1.75 billion during July-October 2023, the data showed. Imports of personal computers into India also declined 55 per cent year-on-year to USD 1.06 billion from the world during November-February 2024.
08.04 / 11:35
COST UPS Puzzle wellness inflation data Another new high for gold ahead of US inflation data
Gold set a fresh record above $2,350 an ounce before paring gains, as investors shifted focus to a key US inflation reading later this week. 
08.04 / 11:05
Platform security TikTok social Videos politician If you can't beat 'em? European politicians embrace TikTok despite security fears
Simon Harris became Ireland's prime minister-in-waiting in March, he turned to a favoured platform to express himself: TikTok. In a video with 'THANK YOU' written in yellow lettering, the man who will be Ireland's youngest Taoiseach told his 95,000 followers of his rise from an «opinionated, moody teenager» bristling at lack of educational help for his autistic brother.
08.04 / 11:03
markets Manufacturing Apple show electronic reports Schools Neighbour's envy: Apple is building a 'home' for itself in India
Apple is reaffirming its commitment to India. Its contract manufacturers and suppliers, including Foxconn, Tata and Salcomp, are planning to build more than 78,000 homes for their employees, ET has reported. India's Central and state governments will partly fund the project. With this huge housing project, Apple is indicating it is deepening its roots in India. Housing for workers has been a key part of the Apple ecosystem in China. Also Read: Apple Awas Yojana: Apple ecosystem pivots to housing factory workers after job boom
08.04 / 11:03
security Election wellness President country reports First US-Japan-Philippines summit to boost defence ties
Japan and the Philippines head to Washington this week for a first trilateral summit aimed at boosting defence ties, hot on the heels of four-way military drills in the South China Sea that riled Beijing. A major upgrade of military command structures between the United States and an increasingly self-confident Japan could be announced, as well as joint coast guard patrols with Manila in areas disputed with China. Also on the agenda will be securing access to vital supplies such as semiconductors and rare metals, North Korea's growing belligerence, and the Japanese takeover of US Steel opposed by President Joe Biden.
08.04 / 10:51
markets MET economy DISH Trade testing Relationships Yellen’s tough message to China on exports tests fragile detente
BEIJING—When Treasury Secretary Janet Yellen met her Chinese counterpart in Switzerland early last year, she tiptoed around controversial issues, only raising trade disagreements during a brief, one-on-one coffee break with Liu He, then China’s vice premier, according to people familiar with the meeting. In China over the past few days, Yellen wasn’t so shy. She hammered Chinese officials for exporting too many clean-energy goods, warning regional officials, as well as Vice Premier He Lifeng and Premier Li Qiang, to scale back industrial production.
08.04 / 10:41
Citizens Discover crypto regulation information reports Investigations Beijing Police Uncovers Illegal Sale of Citizen Information Involving $282M Worth of Crypto
The Beijing police, in collaboration with the Beijing Branch of the State Administration of Foreign Exchange, has uncovered a series of cases involving the illegal sale of citizen information using crypto.
08.04 / 10:41
Blockchain Asia trends show country reports Blockchain Engineer Salaries in Asia Drop by More Than 5%
Salaries for blockchain engineers went down in 2023 due to tough times in the industry, like layoffs and companies not hiring as much.
08.04 / 09:49
UPS economy Sustainability Boxing pandemic shooting travelers China holiday activity tops prepandemic levels, adds to recovery signs
China’s weak consumer activity got a temporary boost from the Qingming holiday ended Saturday, during which more travelers hit the road, adding to signs of green shoots in the world’s second-largest economy. Official data released over the weekend show that Chinese tourists made 119 million domestic trips during the three-day holiday, up 11.5% from the same period in 2019 before the pandemic.
08.04 / 08:17
UPS Target Action social reports Investigations Malaysian shoe company faces backlash for logo resembling Arabic word for God
In a statement posted on social media, Vern’s Holdings expressed regret over the design's shortcomings and clarified that there was no intention to belittle or insult any religion or belief. The company has taken immediate action to stop sales of the shoes and has promised refunds to customers who purchased them.
08.04 / 08:17
UPS Southern President reports International China conducts 'combat patrols' in disputed South China Sea amid joint military exercises by US, Japan, Australia, Philippines
China has carried out military «combat patrols» in the disputed South China Sea, amid the US' first joint military exercises with the Philippines, Japan and Australia, Al Jazeera reported. China announced a naval drill on Sunday after defence chiefs from four nations said the Philippines will host joint drills in the same area on the same day. Beijing's People's Liberation Army (PLA) Southern Theater Command announced it was organising «joint naval and air combat patrols in the South China Sea».
08.04 / 07:27
UPS MET Cooper economy Remark Trade Yellen says U.S. plans to ‘underscore’ need for China to shift policy
BEIJING — U.S. Treasury Secretary Janet Yellen said Monday that future discussions between the U.S. and China will focus on Beijing's need to shift its policy on industry and the economy.
08.04 / 05:57
markets Citi Target FIVE security Yellow Trade Gold Price Today: Yellow metal gains Rs 440/10 grams, tops Rs 71K for first time; silver hits new highs
The uptick was on account of slippages in the dollar index (DXY) which was hovering near the 104.25 mark, down by 0.05 or 0.04%. It has declined 0.73% over the last five trading sessions.

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