China’s Central Bank Unexpectedly Maintains Rate, Adds Liquidity
News Analysis The People’s Bank of China (PBOC) held the medium-term policy rate steady on Monday, relying on market expectations for a cut needed to shore up China’s shaky post-pandemic economic recovery. Analysts were disappointed to see the nation’s
Taiwan lost one of its remaining diplomatic partners to China in just two days after its presidential and parliamentary elections, a move Taipei said was maneuvered by Beijing to attack its democracy. Nauru will sever diplomatic relations with Taiwan as of
As Taiwan approached its election day, China launched a satellite on Jan. 9 from the Xichang Satellite Launch Center (XSLC) in southwest China. Nonetheless, the trajectory of the satellite launch rocket displayed abnormalities as it passed through Taiwan’s air
Chinese health authorities are warning of a COVID-19 peak in February amid an ongoing pneumonia outbreak sweeping across mainland China. Meanwhile, a major Chinese vaccine manufacturer has ceased its production of the first generation of COVID-19 vaccines.