China Business Now

As RCEP came into force on January 1, 2022, a number of Chinese exporters said they have significantly benefited from it, since the agreement has helped lower tariffs and raise competence. 

https://m.21jingji.com/article/20220104/herald/0093a2ae1680b791d1f73ca7d4da4751.html

China is ready to implement the Regional Comprehensive Economic Partnership (RCEP), which will come into effect on January 1, 2022, starting a new era for the world’s biggest trading bloc. 

https://m.21jingji.com/article/20211230/herald/df41c54037fcc0d71dbfea31df9628a5.html

China's financial system is running stable, financial risks under control, and expectations for the property market have improved with structural adjustment, Yi Gang, chief of China's central bank, said, while reassuring investors and refuting foreign media's exaggeration over Evergrande in the recent days.

https://m.21jingji.com/article/20211229/herald/e0efaffa76fb2b0c25cd27bd268840b3.html

Chinese companies engaged in businesses that are barred from foreign investment can now file for offshore share sales as long as they win regulatory approval and cap foreign ownership.

https://m.21jingji.com/article/20211228/herald/054aa7579b5955aa7e9af58fe422c2e8.html

Experts pointed out that with the country’s continuous efforts to expand the production capacity of soybeans and oilseeds, China’s reliance on imports will go down, while demand and supply for soybeans have both gradually stabilized.

https://m.21jingji.com/article/20211227/herald/151c3498e3f8848ccf0e0517b073f362.html

President Xi Jinping met with Chief Executive of Hong Kong Carrie Lam and Chief Executive of Macao Ho Iat Seng on Wednesday on their annual duty visit to Beijing. 

https://m.21jingji.com/article/20211223/herald/92fd8f634b511c6d581c569a0800b20c.html

Northwest China’s Xi'an is making all-out efforts to contain Covid-19 and hemorrhagic fever.

https://m.21jingji.com/article/20211222/herald/6626e9937f9e257f28687e01a07f75aa.html

China's “queen of online sales” went offline within 6 hours last night since authorities announced that she has been fined a flabbergasting 1.34 billion yuan for tax evasion, in the country’s latest step to regulate the booming live-streaming e-commerce industry.

https://m.21jingji.com/article/20211221/herald/ae4bbf36e509c8ea41e14e811ce66ea4.html

China’s central bank cut a benchmark lending rate on Monday for the first time since April 2020 during the height of the pandemic in the country. The one-year loan prime rate was set at 3.8 percent versus 3.85 percent in November, according to a statement from the People’s Bank of China (PBOC) on Monday. The five-year loan prime rate, a reference for mortgages, was unchanged at 4.65 percent. 

https://m.21jingji.com/article/20211220/herald/54b303ba4460512aa8d287fe21372b62.html

Shares of China’s biggest chipmaker and several of its largest pharmaceutical firms sank on Wednesday on fears that Washington will slap investment and export sanctions against more companies. US will add eight Chinese companies, including leading drone manufacturer DJI Technology, to an investment blacklist on Thursday. American investors are barred from investing in companies bearing that label. The firms named were already on a separate blacklist that bans them from accessing American technologies.

https://m.21jingji.com/article/20211216/herald/83dee8aef03a155e9e5772d58e790f55.html