Saturday, 27 November 2021

Tag Archives: China

China’s central bank injects liquidity into market

BEIJING: China’s central bank pumped 40 billion yuan (about 5.6 billion US dollars) into the financial system Tuesday. The People’s Bank of China injected the liquidity through 14-day reverse repos at an interest rate of 2.7 percent. With no reverse repos maturing Tuesday, this led to a net injection of ...

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Japan promotes China as bigger threat than North Korea

TOKYO: China’s growing military might has replaced North Korean belligerence as the main security threat to Japan, Tokyo’s annual defense review indicated, despite signs that Pyongyang could have nuclear-tipped ballistic missiles. The document’s security assessment on China comes after a section on Japan’s ally, the United States, the first time ...

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UK says to decide on Huawei soon but China must play by rules

LONDON: Britain will make a decision soon about whether to allow Huawei equipment to be used in its 5G networks but China must play by the rules if it gets access to Western markets, Defence Secretary Ben Wallace said. Asked when a decision would be made by the United Kingdom ...

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US will delay some US tariffs on Chinese goods: Trump

WASHINGTON: The US will delay by two weeks a bump in tariffs on Chinese goods that were set to go into effect Oct. 1, President Donald Trump announced. The decision, Trump said, was made as a concession to Beijing as it prepares to celebrate at the start of October the ...

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Angela Merkel says peaceful solution needed for Hong Kong

BEIJING: German Chancellor Angela Merkel said that she discussed Hong Kong with Chinese Premier Li Keqiang and that there needed to be a peaceful solution for the city. Li Keqiang, speaking at a joint news conference in Beijing with Merkel, said China wanted to prevent unrest in the former British ...

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China rotates new batch of troops into Hong Kong

HONG KONG: China rotated troops in its People’s Liberation Army (PLA) garrison in Hong Kong, days before protesters planned to hold a march calling for full democracy for the Chinese-ruled city after three months of sometimes violent demonstrations. Chinese state media described the troop movement in the early hours as ...

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Most Asian units slip as Sino-U.S. trade tensions spike

JAKARTA: Most emerging Asian currencies slipped on Monday, tracking the broader sell-off in equity markets, as investors scurried away from risky assets amid intensifying Sino-U.S. trade tensions. U.S. President Donald Trump on Friday heaped an additional 5% duty on some $550 billion in targeted Chinese goods, just hours after China ...

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Australian writer arrested in China on suspicion of espionage

SYDNEY/CANBERRA: A Chinese-born Australian writer has been arrested in China on suspicion of espionage, the Australian government said on Tuesday, amid growing tension between Canberra and its largest trading partner. Yang Hengjun, a former Chinese diplomat turned online journalist and blogger, was detained in the southern city of Guangzhou in ...

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Pakistan gets its first 5G internet service

KARACHI: China Mobile Pakistan (CMPak, popularly known as Zong) successfully conducted 5G trials in Pakistan, a press release issued by the company said. By doing so, Zong has become “the first and only operator to officially test 5G services in the country”, the statement added. An official from Zong while ...

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