by Teuvo Tuomi | Sep 30, 2024 | China, Laos, News, Thailand, Transportation, Travel
According to Thailand’s Transport Minister Suriya Jungrungreangkit, the first phase of the Thai-Chinese high-speed rail would be completed in 2028. The first phase of the Thai-Chinese high-speed rail from Bangkok to Nakhon Ratchasima is 35% complete. Suriya expects...
by Teuvo Tuomi | Sep 26, 2024 | China, Banking, Business, Economy, Investment, News
China is considering injecting up to 1 trillion yuan ($142.39 billion) of capital into its biggest state banks to increase their capacity to support the economy. The move is part of broad stimulus measures Beijing introduced this week to boost China’s...
by Teuvo Tuomi | Sep 26, 2024 | China, Entertainment, Finland, Lifestyle, News, Tourism
Finland will return Lumi and Pyry, two giant pandas to China in November, more than eight years ahead of time because the zoo where they live can no longer afford their upkeep, says Risto Sivonen, the chairman of the Ähtäri Zoo’s board. The pandas were brought to...
by Teuvo Tuomi | Sep 22, 2024 | China, Laos, News, Trade, Transportation
The China-Laos Railway has handled over 10 million tons of goods worth almost 41 billion yuan (US$5.76 billion) since its opening in December 2021, the Xinhua News Agency reports. In the first eight months of 2024, the line’s total freight volume was up 22.8%...
by Teuvo Tuomi | Sep 21, 2024 | China, Business, Economy, News
The Shanghai Composite Index, a benchmark of Chinese A shares, went up 0.69% to close at 2,736.02 points on Thursday, amid a wider rebound of emerging market stocks. Following the trend, the MSCI index for emerging markets surged 1.09% on Thursday evening. Meanwhile,...
