China: Daily Scan, October 6, 2022
Kota Mallikarjuna Gupta, Research Associate, VIF
Xi encourages geological workers to play greater role in mineral exploration: Xinhuanet
October 4, 2022

Chinese President Xi Jinping has encouraged a team of geological workers in east China's Shandong Province to carry forward fine traditions and play a greater role in mineral resource exploration. Click here to read...

China's bond market further deepens opening-up: Xinhuanet
October 4, 2022

As of the end of August, overseas institutions held 3.55 trillion yuan (507.14 billion U.S. dollars), or 2.5 percent, of the outstanding bonds in custody in China's bond market, according to the central bank. Specifically, their holdings in the interbank bond market amounted to 3.48 trillion yuan. Click here to read...

China Everbright Bank enhances loan support for agricultural sector: Xinhuanet
October 4, 2022

As of the end of August, China Everbright Bank, a national joint-stock commercial bank, had steadily increased its loans to support the agricultural sector, poverty alleviation and rural revitalization in the country. The bank's outstanding agriculture-related loans amounted to 411.9 billion yuan (about 58 billion U.S. dollars) as of the end of August. Click here to read...

Steps set for more stability in real estate: People’s Daily
October 4, 2022

China's real estate sector is expected to be further stabilized in the coming months thanks to supportive policy measures, which will also help to shore up overall economic expansion, experts said on Monday. Click here to read...

Food delivery order from campsites surge 500% during National Day holidays: : Global Times
October 4, 2022

Fresh food delivery order from camping sites saw a weekly increase of 500 percent during the seven-day National Day holidays, or the Golden Week, as camping emerging as a popular holiday choice nationwide. Click here to read...

China likely to boost oil products exports into early 2023, support economy: Reuters
October 4, 2022

Chinese refiners are likely to boost refined oil products exports in the last two months of 2022 and into early 2023 after receiving the biggest allocation from Beijing this year, trade sources and analysts said on Monday. Click here to read...

Chinese yuan becomes most traded foreign currency on the Moscow Exchange, surpasses the US dollar: Global Times
October 5, 2022

The Chinese yuan became the most traded currency on the Moscow Exchange for the first time on Monday, with trading turnover in the yuan-ruble pair reaching 70.3 billion rubles ($1.17 billion), surpassing the 68.2 billion rubles for the dollar-ruble pair, according to a report from Russian informational agency RosBiznesConsulting (RBC) on Wednesday. Click here to read...

Trains leaving Xinjiang suspended as region’s latest epidemic becomes most difficult major public health emergency in local history: Global Times
October 5, 2022

The latest epidemic outbreak has become the most difficult major public health emergency to prevent and control in local history, during which the nucleic acid testing has become the biggest weakness, said officials in Northwest China's Xinjiang Uygur Autonomous Region as 91 new local asymptomatic cases were recorded on Tuesday, bringing the total to 354 in the region. Click here to read...

Chinese Embassy in Solomon Islands urges certain Westerners to stop spreading disinformation, refuting false narratives by Australian think tank: Global Times
October 5, 2022

The Chinese Embassy in the Solomon Islands on Wednesday urged certain Westerners to abandon ideological bias, stop fabricating rumors to slander China and spreading disinformation but do more to benefit the people of Pacific Island countries after an Australian think tank accused China of running "a coordinated disinformation campaign in Solomon Islands." Click here to read...

Chinese mainland reports 183 new local confirmed COVID-19 cases: Xinhuanet
October 6, 2022

The Chinese mainland on Wednesday reported 183 locally transmitted confirmed COVID-19 cases, including 37 in Guangdong and 36 in Sichuan, according to the National Health Commission's report Thursday. A total of 1,005 local asymptomatic carriers were newly identified. Click here to read...

China sees further rise in international influence, ability to inspire, power to shape: People’s Daily
October 6, 2022

Since the 18th National Congress of the Communist Party of China (CPC) in 2012, socialism with Chinese characteristics has crossed the threshold into a new era. Under the guidance of Xi Jinping Thought on Diplomacy, China has overcome many obstacles and challenges, accomplished a great number of big, important undertakings, and scored ground-breaking historic achievements on all fronts. Click here to read...

China criticizes strengthening of US military alliance in Asia Pacific, says dialogue is only way to resolve Korean Peninsula issue: Global Times
October 6, 2022

China has reaffirmed that dialogue and consultation are the only way to resolve the Korean Peninsula issue, urging the US side to take action, show sincerity, and create conditions for the resumption of dialogue. Click here to read...

440 families receive Chinese humanitarian aid in north Afghanistan: People’s Daily
October 6, 2022

A total of 440 families received China-donated humanitarian assistance in Shiberghan city, the capital of northern Afghanistan's Jawzjan province on Wednesday. "Today we distribute the aid, including flour and rice, assisted by China to 440 needy families," provincial head for Disaster Management and Humanitarian Affairs Mawlawi Sarajudin Saraji told reporters before the distribution. Click here to read...

US defence department adds drone maker DJI and BGI Genomics to blacklist it links to Chinese military: South China Morning Post
October 6, 2022

The US defence department on Wednesday added Shenzhen-based DJI Technology Co, the world’s largest maker of consumer drones, to a list of Chinese companies that it deems to be connected to Beijing’s military, along with a dozen other hi-tech firms. The move – which clears the way for the US Commerce Department to enact restrictions on US business transactions with the companies, including investments – follows the publication of an initial blacklist last year. The list was required by last year’s National Defence Authorisation Act (NDAA), annual must-pass legislation that guides funding for the US military. Click here to read...

Consulates in Hong Kong faced with ‘unusual’ request from Beijing for information on their city properties: South China Morning Post
October 6, 2022

Several diplomats based in Hong Kong have said they are still considering how to comply with what one called an “unusual” request by China’s foreign ministry to provide details about properties their consulates own in the city. The Commissioner’s Office of China’s Foreign Ministry sent out a reminder, seen by the Post, saying “the Chinese side is carrying out registration of properties of consular missions and representative offices of international organisations in [Hong Kong]”. Click here to read...

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