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Reuters reveals China central bank to offer cheap loans to support developers’ bonds – Reuters News Agency
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Reuters reveals China central bank to offer cheap loans to support developers’ bonds – Reuters News Agency

Reuters was first to report China’s central bank will offer cheap loans to financial firms for buying bonds issued by property developers, the strongest policy support yet for the crisis-hit sector. The People’s Bank of China hopes the loans will boost market sentiment toward the heavily indebted property sector, which has lurched from crisis to...

Reuters reveals South Korea’s Yoon warns of unprecedented response to North Korea nuclear test, calls on China to do more – Reuters News Agency
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Reuters reveals South Korea’s Yoon warns of unprecedented response to North Korea nuclear test, calls on China to do more – Reuters News Agency

Reuters exclusively reported South Korean President Yoon Suk-yeol warned of an unprecedented joint response with allies if North Korea goes ahead with a nuclear test, and urged China to help dissuade the North from pursuing banned development of nuclear weapons and missiles. The post Reuters reveals South Korea’s Yoon warns of unprecedented response to North...

UK criticises China, sanctions Russians and Iranians over rights By Reuters
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UK criticises China, sanctions Russians and Iranians over rights By Reuters

© Reuters. FILE PHOTO: British Foreign Secretary James Cleverly speaks during an interview with Reuters at the Foreign, Commonwealth and Development Office in London, Britain, November 22, 2022. REUTERS/Toby Melville By Andrew MacAskill and William James LONDON (Reuters) -Britain said the human rights situation in China worsened last year and announced sanctions on Friday against...

China to issue 750 bn yuan of special treasury bonds
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China to issue 750 bn yuan of special treasury bonds

Fri 09-12-2022 22:50 PM BEIJING, 9th December 2022 (WAM) — China will issue 750 billion yuan (about 108 billion U.S. dollars) worth of three-year special treasury bonds to bolster its economy, the finance ministry said on Friday, Xinhua reported. The notes will be issued on Dec. 12, and will be targeted and issued to particular...

Tesla hopes China boss will bring secret sauce to Gigafactory Texas
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Tesla hopes China boss will bring secret sauce to Gigafactory Texas

Tom Zhu, Tesla’s China president who oversaw Gigafactory Shanghai’s transformation into the world’s largest EV plant, has been appointed to run the new Gigafactory in Austin, Texas, Bloomberg reported earlier this week. That would make the China chief, who joined Tesla China in April 2014, one of the top executives at the EV giant. The...

Aramco and Shandong Energy collaborate on downstream projects in China
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Aramco and Shandong Energy collaborate on downstream projects in China

Fri 09-12-2022 17:17 PM DHAHRAN, 9th December, 2022 (WAM) – The Saudi Arabian Oil Company (Aramco) and Shandong Energy Group, are exploring collaboration on integrated refining and petrochemical opportunities in China. The companies have signed a Memorandum of Understanding (MoU) which includes a potential crude oil supply agreement and chemicals products offtake agreement, supporting Aramco’s...

China in the middle ground between Middle Eastern rivals
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China in the middle ground between Middle Eastern rivals

Author: Guy Burton, Brussels School of Governance In December 2021, United States intelligence claimed China was helping Saudi Arabia develop ballistic missiles. Washington feared the Saudis were abandoning them in pursuit of a closer partnership with China. For some US policymakers, this pointed to the growing threat of China displacing the United States as the...

Apple supplier Foxconn’s founder pushed China to ease COVID curbs – WSJ By Reuters
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Apple supplier Foxconn’s founder pushed China to ease COVID curbs – WSJ By Reuters

© Reuters. FILE PHOTO: The Foxconn logo is seen on a glass door at its office building in Taipei, Taiwan November 12, 2020. REUTERS/Ann Wang/File Photo (Reuters) -Apple supplier Foxconn’s founder Terry Gou had warned China that the government’s zero-COVID stance would threaten the position of the world’s second-largest economy in the global supply chain,...

Renault China boss is making super-premium EVs that monitor your health
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Renault China boss is making super-premium EVs that monitor your health

There’s an ever-growing list of wearables that track people’s health, but what about a vehicle that monitors one’s blood pressure and heart rate with smart sensors and algorithms? That’s the vision of BeyonCa, a young super-premium electric vehicle startup founded by Weiming Soh, the Singaporean auto veteran who’s the current CEO of Renault China and...

China, Hong Kong stocks lift Asian equities; growth worries loom By Reuters
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China, Hong Kong stocks lift Asian equities; growth worries loom By Reuters

© Reuters. FILE PHOTO: A view of a giant display of stock indexes, following the coronavirus disease (COVID-19) outbreak, in Shanghai, China, October 24, 2022. REUTERS/Aly Song/File Photo By Ankur Banerjee SINGAPORE (Reuters) – Asian equities rose on Thursday, propped up by Hong Kong and China stocks amid growing optimism over an easing of COVID...