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Tag: dollars

Russia says NATO preparing for potential conflict in Eastern Europe, Black Sea

wangxiao03/28/20240

MOSCOW, March 28 (Xinhua) — NATO\’s activities in Eastern Europe and the Black Sea region are focused on preparing its allies for a potential confrontation with Russia, said the Russian Foreign Minist

China\’s green development to nurture 10-trln-yuan market each year: top legislator

wangxiao03/28/20240

BOAO, Hainan, March 28 (Xinhua) — China\’s top legislator said on Thursday that China\’s green and low-carbon development will create a huge increase in economic growth and nurture a 10-trillion-yuan (

Shanghai receives 326 million tourists in 2023

wangxiao03/28/20240

SHANGHAI, March 27 (Xinhua) — Shanghai received about 326 million tourists in 2023, up about 73.5 percent year on year, of which 3.64 million were inbound visitors, local authorities said on Wednesda

BYD net profit soars by over 80 pct in 2023

wangxiao03/28/20240

SHENZHEN, March 27 (Xinhua) — China\’s leading new energy vehicle (NEV) manufacturer BYD Company Limited recorded a net profit of 30.04 billion yuan (about 4.23 billion U.S. dollars) in 2023, up 80.72

Chinese dairy giant Mengniu sees profit, revenue growth in 2023

wangxiao03/28/20240

HOHHOT, March 27 (Xinhua) — China Mengniu Dairy Company Limited reported an operating profit of 6.17 billion yuan (about 870 million U.S. dollars) in 2023, up 13.8 percent year on year, the company s

Former head of Chinese Athletics Association sentenced to 13 years in prison for bribery

wangxiao03/27/20240

WUHAN, March 26 (Xinhua) — A court in central China\’s Hubei Province on Tuesday sentenced Yu Hongchen, former president of the Chinese Athletics Association, to 13 years in prison for taking bribes.

European enterprises eye investment opportunities in China\’s Hubei

wangxiao03/25/20240

WUHAN, March 23 (Xinhua) — The 2024 Cherry Blossom Viewing: Business Cooperation & Fortune Global 500 with Hubei, a talk platform, held a series of activities on Thursday in Wuhan, central China\’s Hu

China\’s central bank adds liquidity via reverse repos

wangxiao03/25/20240

BEIJING, March 25 (Xinhua) — China\’s central bank conducted 50 billion yuan (about 7.04 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Monday.
The move aims to ke

China\’s financial institutions report 9.9 pct growth in assets

wangxiao03/23/20240

BEIJING, March 20 (Xinhua) — Assets of financial institutions in China rose to 461.09 trillion yuan (about 64.97 trillion U.S. dollars) as of the end of 2023, up 9.9 percent year on year, according t

China\’s public offering fund value hits 29.3 trln yuan

wangxiao03/22/20240

BEIJING, March 21 (Xinhua) — The assets under the management of China\’s public offering funds reached 29.3 trillion yuan (about 4.13 trillion U.S. dollars) by the end of February, data from the Asset

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