Sunday, July 14, 2024
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Business & Economy News

Chinese banks maintain lending rates amid economic challenges

Chinese banks have opted to keep their benchmark lending rates unchanged following the People's Bank of China's (PBOC) recent decision to hold a key...

Chinese firms secure major bids in Iraq’s oil and gas exploration

Iraq's oil minister announced on Sunday that Chinese companies have clinched five additional bids to explore oil and gas fields in the country, marking...

US unleashes wave of sanctions, targets Russian circumvention via Chinese companies

Taking aim at Moscow's efforts to evade Western sanctions, including those imposed through China, the United States on Wednesday imposed hundreds of new restrictions...

Chinese firms navigate payment hurdles amid Russia trade troubles

Chinese businesses, struggling with challenges in conducting transactions with Russia amid concerns over US sanctions, are resorting to unconventional methods to facilitate payments. Heightened...

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