5/25/2021 2:23:40 AM GMT | By Dhwani Mehta
The Peoples Bank of China (PBOC) policymakers see no need to strengthen the yuan to tame rising imported inflation, the 21st Century Business Herald reported, citing a domestic economist.
Key quotes
“The current commodity price gains may only be short-term, the U.S. Federal Reserve is likely to tighten liquidity, and commodity supplies can increase.”
“The yuan may not continue to appreciate significantly as other countries regain their production.”
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From:ChinaDaily | 2021-05-10 11:14
Chinese working mothers are engaging in all walks of life and are trying to strike a balance between work and life. Eight out of 10 working mothers spend 8 to 10 hours on work per day, while 71.6 percent of them contribute more than 30 percent of household income, according to a recent report released by online job-hunting platform Liepin, 21st Century Business Herald reported on Sunday.
Salary and job benefits, stability and commuting distance are the top three key factors for working mothers in choosing a job, said the report, adding that half of working mothers surveyed become more prudent in changing their jobs, as they consider more about the children and the whole family after having children.
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Tesla, the electric vehicle maker founded by Elon Musk, is building a Chinese-only data centre in Shanghai. This centre allows Tesla to comply with Chinese cybersecurity law in regard to data collection and storage.
According to a Chinese newspaper, 21st Century Business Herald, the Elon Musk’s company plans to build a new facility by the end of June The Gigafactory is wholly owned by Tesla after China relaxed joint venture rules, but it is not clear if the data center is run with a partner.
Tesla promises new China data center in Shanghai
Posted : 2021-04-21 13:56
Updated : 2021-04-21 13:56
People walk by the Tesla Model 3 car at the Tesla trade fair stand during a media day of the Auto Shanghai 2021 motor show in Shanghai, China, April 19. EPA-Yonhap
Tesla, the electric vehicle maker founded by Elon Musk, will build a data centre in Shanghai by the end of June to handle data collected from its EVs amid greater public scrutiny of how personal information is handled and after Beijing pushed for local storage of data gathered by smart vehicles in the country.
The news was confirmed by Grace Tao, Tesla s China head of communications and government affairs, who was quoted on Monday in the 21st Century Business Herald, a Chinese newspaper.