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
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.
what's happening in China
What is the current situation in China?
In China, the spotlight is on local government initiatives that spark public discussion.
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