SHANGHAI : Chinese President Xi Jinping told CATL on Monday that he had mixed feelings about its status as the world's largest battery maker, in rare public comments about one of the country's most globally competitive sectors. In response to a presentation by CATL Chairman Zeng Yuqun who described how th
SHANGHAI : Chinese President Xi Jinping told CATL on Monday that he had mixed feelings about its status as the world's largest battery maker, in rare public comments about one of the country's most globally competitive sectors.
Xi made the comments during a closed-door meeting with industry and commerce representatives during the annual session of parliament, according to a statement published by the official Xinhua news agency on Tuesday.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
HSBC China says didn't receive instructions from Chinese regulators to restrict outbound remittanceSHANGHAI : HSBC China said on Tuesday it did not receive any instructions from Chinese regulators to restrict outbound remittance, and was not aware of any Chinese policy changes recently regarding cross-border capital outflow.HSBC China made the statement in response to Reuters' questions regarding billi
Read more »
Billionaire investor Mark Mobius says he cannot take money out of China: FOX BusinessSHANGHAI: Billionaire investor Mark Mobius told FOX Business he cannot take his money out of China due to the country's capital controls, cautioning investors to be 'very, very careful' about investing in an economy under a tight government grip. 'I have an account with HSBC in Shanghai. I can't take my mo
Read more »
Billionaire investor Mark Mobius says he cannot take money out of China -FOX BusinessSHANGHAI : Billionaire investor Mark Mobius told FOX Business he cannot take his money out of China due to the country's capital controls, cautioning investors to be 'very, very careful' about investing in an economy under a tight government grip. 'I have an account with HSBC in Shanghai. I can't take my
Read more »
Billionaire investor Mark Mobius says he cannot take money out of ChinaSHANGHAI — Billionaire investor Mark Mobius told Fox Business he cannot take his money out of China due to the country's capital controls, cautioning investors to be 'very, very careful' about investing in an economy under a tight government grip. 'I have an account with HSBC in Shanghai. I can't take my money out. The government is restricting flow of...
Read more »
Analysis:Chinese companies hang onto dollars, hedge to prepare for volatile yuanSHANGHAI : Some Chinese companies are holding on to dollar revenues from exports, while others are turning to foreign exchange hedging in anticipation of a fall in the value of the yuan, according to executives, bankers and data analysed by Reuters.Several bankers in China told Reuters that clients are re
Read more »
Oil prices open lower on modest Chinese growth forecastOil prices opened lower on Monday after China set a modest target for economic growth this year of around 5 per cent, lower than market expectations of 5.5 per cent growth in the world's second- largest oil consumer.Brent crude futures were trading down 50 cents, or 0.6 per cent, at $85.33 a barrel at 014
Read more »