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Global investors cheer on Powell’s rate cut signal; offshore yuan strengthens further
Posted inCHINA Economy World

Global investors cheer on Powell’s rate cut signal; offshore yuan strengthens further

Global financial markets experienced a significant surge on Friday, as stocks, gold, and oil all rallied following US Federal Reserve Chair Jerome Powell's clear indication that lower interest rates in…
Posted by DanfeTV August 25, 2024
Alibaba to convert to dual primary listing status on Hong Kong Stock Exchange
Posted inCHINA Economy World

Alibaba to convert to dual primary listing status on Hong Kong Stock Exchange

Alibaba Group Holding announced on Friday that it would convert its listing into a dual primary listing status on the Hong Kong Stock Exchange. Experts believe the swapping of status…
Posted by DanfeTV August 25, 2024
MOFCOM blasts US sanctions on Chinese companies over Russia-Ukraine conflict as ‘long-arm jurisdiction’
Posted inCHINA Economy World

MOFCOM blasts US sanctions on Chinese companies over Russia-Ukraine conflict as ‘long-arm jurisdiction’

The Chinese Ministry of Commerce (MOFCOM) on Sunday blasted US sanctions on Chinese companies over their alleged involvement in the Russia-Ukraine conflict as a typical example of long-arm jurisdiction and…
Posted by DanfeTV August 25, 2024
Foreign hotel chains expand foothold in Chinese market, as visa-free visit policy lures more overseas travelers
Posted inCHINA Economy World

Foreign hotel chains expand foothold in Chinese market, as visa-free visit policy lures more overseas travelers

Wang Shiyuan, from Shanghai, can still remember clearly that he sipped his first coffee at a Hilton hotel in Jing’an district in the 1990s. “I was so impressed to see…
Posted by DanfeTV August 25, 2024
Xi to address key forum on China-Africa cooperation
Posted inCHINA Diplomacy World

Xi to address key forum on China-Africa cooperation

Diplomatic event showcases friendship, charts future course of relations Chinese and African leaders will meet in Beijing in early September for the Forum on China-Africa Cooperation (FOCAC) - the largest…
Posted by DanfeTV August 24, 2024
Will India’s ‘yoga diplomacy’ work in bridging gap between Russia and Ukraine?
Posted inCHINA Opinion World

Will India’s ‘yoga diplomacy’ work in bridging gap between Russia and Ukraine?

By shuttling between both Russia and Ukraine, Prime Minister Narendra Modi may be hoping to use "yoga diplomacy" to show India's flexibility in bridging the gap between conflicting parties. However,…
Posted by DanfeTV August 23, 2024
Yuan internationalization boosts regional, global financial stability
Posted inCHINA Economy World

Yuan internationalization boosts regional, global financial stability

The yuan is accounting for a growing share of international payments. This mirrors a steady progress in the yuan's internationalization, which helps diversify payment options, and gives the market more…
Posted by DanfeTV August 23, 2024
Who is dragging the Pacific Islands into ‘unbridled strategic rivalry’?
Posted inCHINA Opinion World

Who is dragging the Pacific Islands into ‘unbridled strategic rivalry’?

Less than a week before the Pacific Islands Forum Leaders Meeting, a think tank is already intensifying its rhetoric about the strategic rivalry between the West and China in the…
Posted by DanfeTV August 23, 2024
China and Myanmar’s joint combat on telecom fraud a vivid practice of GSI
Posted inCHINA World

China and Myanmar’s joint combat on telecom fraud a vivid practice of GSI

Recently, the public security organs in Southwest China's Yunnan Province and the law enforcement authorities in Myanmar cooperated and successfully captured 307 Chinese criminals suspected of cross-border telecom fraud in…
Posted by DanfeTV August 23, 2024
China, Russia to boost all-round cooperation Pragmatic efforts in emerging areas such as AI, aerospace highlighted
Posted inCHINA Diplomacy World

China, Russia to boost all-round cooperation Pragmatic efforts in emerging areas such as AI, aerospace highlighted

China and Russia will boost all-round cooperation with exploration in emerging fields and bilateral ties will not be weakened by the sanctions and containment imposed by the US and its…
Posted by DanfeTV August 23, 2024

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