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Iraq Bulletin

Tag : China

Business

China keeps loan prime rates steady through September 2026

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China left its benchmark lending rates unchanged in September, extending a period of stable borrowing costs. The one-year loan prime rate remained at 3.0%, while the over-five-year rate stayed at 3.5%. Banks commonly use the longer-term benchmark when pricing mortgages....
News

Hainan evacuates over 55,000 after extreme rainfall

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More than 55,000 people were evacuated across China’s Hainan province after days of extreme rainfall triggered flooding and other hazards. Authorities moved residents from high-risk areas by 6 p.m. on September 14. The evacuations focused on low-lying communities, landslide-prone areas...
News

Egypt and China mark 70 years during Xi Jinping visit

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Chinese President Xi Jinping arrived in Cairo for an official visit as Egypt and China marked 70 years of diplomatic relations. Egyptian President Abdel Fattah El-Sisi welcomed Xi at Cairo International Airport on Tuesday. First Lady Entissar El-Sisi also attended...
Business

Korea’s August exports jump 68.7% to $98.25 billion on chips

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The Republic of Korea’s outbound shipments surged 68.7% year-on-year in August to reach $98.25 billion, driven by sustained global demand for high-performance memory chips and artificial intelligence infrastructure. Data released by the Ministry of Trade, Industry and Resources confirmed that...
News

Magnitude 5.1 earthquake strikes Longchang City in China Sichuan

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A moderate 5.1-magnitude earthquake struck Longchang City in southwest China's Sichuan Province on Friday afternoon, according to seismic data released by the China Earthquake Networks Center. The seismic event occurred at 1:13 p.m. Beijing time at a focal depth of...
Business

Japan posts record July trade as imports outpace exports

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Japan’s imports and exports both reached record monthly highs in July 2026, as energy costs and semiconductor demand lifted the value of trade. Imports rose 27.8% from a year earlier to about 12.15 trillion yen. Exports increased 23.2% to roughly...
News

China widens flood response after Typhoon Dolphin landfalls

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Typhoon Dolphin forced the evacuation of about 167,900 people in Fujian Province as heavy rain and flooding spread across eastern China. The Fujian figure covered residents moved from vulnerable land and coastal areas by 7 a.m. Monday. Shanghai had separately...
News

China tightens drone exports in wider US countermeasures

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China announced new countermeasures against the United States on Wednesday, including tighter controls on drone-related exports. It also restricted dealings with seven American entities. The measures took effect on August 5 after recent U.S. technology and import restrictions. China’s Ministry...
Technology

UN urges fair rules for artificial intelligence worldwide

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United Nations Secretary-General António Guterres called for wider global participation in artificial intelligence governance during a major conference in Shanghai. He said AI must serve people across all regions, not only governments and companies with the largest resources. Guterres pointed...
Business

Developing Asia FDI reaches $644 billion in 2025

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Developing Asia attracted $644 billion in foreign direct investment in 2025, up from $623 billion a year earlier, United Nations Trade and Development said in its World Investment Report 2026. The gain kept the region as the largest FDI recipient...