Chinese (Simplified)

China’s National Development and Reform Commission and others go to Qingdao to conduct a survey on iron ore market supervision and require the release of excessive inventories | Reuters

BEIJING, Feb. 17 (Archyde.com) – In response to the recent sharp rise in iron ore prices, the Price Department of China’s National Development and Reform Commission and the Price Supervision and Competition Bureau of the State Administration of Market Regulation went to Qingdao to conduct a joint regulatory survey, warning some iron ore trading companies … Read more

China to work with Asian countries to boost use of local currency in trade, investment (updated) | Reuters

(Add more details) BEIJING, Feb 16 (Archyde.com) – China will work with Asian countries to boost the use of its currency in trade and investment, the People’s Bank of China Governor Yi Gang said on Wednesday, as part of a plan to strengthen regional economic resilience. Yi Gang told a Group of 20 (G20) event … Read more

China’s central bank: real estate loan growth slowed to 7.9% at the end of 2021, an annual increase of 3.81 trillion yuan | Reuters

BEIJING, Jan 31 (Archyde.com) – The People’s Bank of China released a statistical report on loan investment, showing that the growth rate of real estate loans slowed down at the end of 2021, and the balance of real estate loans in RMB was 52.17 trillion yuan, a year-on-year increase of 7.9%, 3.7 percentage points lower … Read more

Roundup: “Occupy Congress” Anniversary Ceremony Biden Says Trump “Web of Lies” Threaten U.S. Democracy | Reuters

WASHINGTON (Archyde.com)-U.S. President Biden delivered a speech on Thursday at the first anniversary of the capture of the Capitol by supporters of former President Trump, accusing Trump of spreading a “web of lies” to undermine American democracy. On January 6, 2022, Washington, USA, Biden delivered a speech in Congress. REUTERS/Kevin Lamarque Biden said in a … Read more