China: Daily Scan, October 3, 2022
Kota Mallikarjuna Gupta, Research Associate, VIF
Former court official in China's Inner Mongolia expelled from CPC: Xinhuanet
September 30, 2022

Hu Yifeng, former president of the Higher People's Court of north China's Inner Mongolia Autonomous Region and secretary of the court's leading Party members group, has been expelled from the Communist Party of China (CPC) for severe violations of Party disciplines and laws. click here to read..

India enforcement body says $682 mln block on Xiaomi's bank assets upheld: Reuters September 30, 2022

An Indian appellate authority has confirmed a seizure order against Chinese smartphone maker Xiaomi Corp (1810.HK) that froze $682 million in an investigation related to illegal remittances to foreign entities, authorities said on Friday. India's federal financial crime fighting agency, the Enforcement Directorate, seized 55.51 billion rupees in April, saying a probe found the company had made illegal remittances to foreign entities by passing them off as royalty payments. click here to read..

China's factory, services surveys suggest economy struggling to rebound: Reuters
September 30, 2022

China's factory activity eked out growth in September, but a slowdown in services sector growth and a downbeat private manufacturing survey pointed to further cooling as the economy grapples with COVID-19 curbs and softening global demand. China's official manufacturing purchasing managers' index (PMI) rose to 50.1 in September from 49.4 in August, the National Bureau of Statistics (NBS) said on Friday, beating expectations. click here to read..

Xi Jinping meets with representatives of airliner C919 project team, visits achievement exhibition, stresses mobilizing national resources, calls for persistent endeavors to make more breakthroughs in China's high-end equipment manufacturing Han Zheng attends: Xinhuanet
October 1, 2022

Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, president of the People's Republic of China and chairman of the Central Military Commission, met with representatives of the airliner C919 project team and visited the achievement exhibition on September 30 at the Great Hall of the People, during which he gave high praises to the important staged progress scored by the team of the C919 research and manufacture project. Xi stressed, having Chinese airliners fly in the sky embodies the will of our country, the dream of our nation and the expectations of our people. click here to read..

China's policy bank lends billions more to agriculture: Xinhuanet
October 1, 2022

The Agricultural Development Bank of China, the country's rural policy bank, has issued 2.14 trillion yuan (about 301.5 billion U.S. dollars) of loans in the first three quarters of this year, up 373.9 billion yuan over the same period last year. The loans were issued to support agricultural production, ensure the well-being of the farmers, and improve the rural areas to help underpin the country's economic fundamentals, said the bank. click here to read..

China to provide convenient conditions for foreign talent: People’s Daily
October 1, 2022

China will provide convenient conditions and quality services for foreign talent to work in China and give more support to their research environment and innovation platform, Chinese Premier Li Keqiang said Friday. click here to read..

China thwarts AUKUS-related amendment attempts on legitimizing nuclear sub marine deal at IAEA conference: Global Times
October 1, 2022

The Chinese mission to the UN in Vienna on Friday fully thwarted an amendment advocated by the three countries which form the AUKUS alliance which aimed at legalizing their nuclear-submarine cooperation at the 66th annual International Atomic Energy Agency (IAEA) General Conference held in Vienna from Monday to Friday, the Global Times learnt from the Chinese mission to the UN. click here to read..

Premier confident of healthy growth: China Daily
October 1, 2022

China has the confidence and capacity to maintain its major economic indicators within a proper range and ensure sustained healthy growth this year, Premier Li Keqiang said on Friday. During a meeting in Beijing with foreign experts who are recipients of the Friendship Award of the Chinese Government, Li said the Chinese economy, despite downside pressure, has now taken on a general momentum of steady recovery. click here to read..

China's financial leasing sector posts steady expansion: People’s Daily
October 2, 2022

China's financial leasing sector registered a steady expansion in 2021 despite COVID-19 shocks, a report from the China Banking Association showed. As of the end of 2021, total assets of the country's financial leasing sector hit 3.58 trillion yuan (about 504.24 billion U.S. dollars), up 3.69 percent from a year ago, according to the report. click here to read..

Chinese billionaire Richard Liu settles 4-year US rape allegation case two days before court opens: Global Times
October 2, 2022

Richard Liu Qiangdong, founder and former CEO of Chinese e-commerce giant JD.com, has agreed to settle a lawsuit brought by a former University of Minnesota student who accused him of raping her, attorneys from both sides announced late Saturday, ending nearly four years of legal battle. Details of the settlement was not disclosed. click here to read..

Chinese mainland reports 189 new local confirmed COVID-19 cases: Xinhuanet
October 3, 2022

The Chinese mainland on Sunday reported 189 locally transmitted confirmed COVID-19 cases, including 80 in Inner Mongolia and 45 in Sichuan, according to the National Health Commission's report Monday. A total of 466 local asymptomatic carriers were newly identified. click here to read..

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