Real estate investment in China fell 7.7% in the first three months of 2020 from a year earlier, official data showed on Friday. The property market, a key growth driver, was among many segments of…
Monthly Archives For April 2020
Crypto Analyst Cautions Investors Against Bitcoin for 3 Key Reasons
Following the release of the Financial Action Task Force (FATF)’s revised guideline on crypto assets on February 22 … up to 65 percent of the Bitcoin network hashpower comes from China, a level … (…
China’s economy contracts for first time on record
China’s economy contracted for the first time since at least 1992 in the first quarter when the coronavirus pandemic halted factories and … ( read original story …)
Instant View: China’s first-quarter GDP posts first decline on record as virus shuts down economy
China’s economy shrank 6.8% in January-March from a year earlier, official data showed on Friday, the first such decline since at least 1992 when quarterly gross domestic product (GDP) records began. ( read original story…
China’s economy shrank last quarter for the first time in decades as the coronavirus took its toll
China’s economy has just experienced its worst three-month period in decades as the coronavirus pandemic forced much of the country to shut down for weeks on end. ( read original story …)
China says its economy shrank by 6.8% in the first quarter as the country battled coronavirus
China reported that its first quarter GDP contracted by 6.8% in 2020 from a year ago as the coronavirus outbreak seriously impacted the world’s second largest economy. ( read original story …)
China Urges World Bank to Suspend Debt Payments for Poor Borrowers
Chinese Finance Minister Liu Kun said in a statement to the World Bank’s Development committee that all parties should take part in joint actions to address debt vulnerabilities amid the pandemic, … ( read original…
China urges World Bank to suspend debt payments for poorest countries
China on Thursday urged the World Bank to allow its poorest borrowers to suspend debt payments while they deal with the coronavi … ( read original story …)
Warner Music Promotes Andy Ma to CEO for Greater China
Warner Music Group has promoted executive Andy Ma to a new role as CEO for Greater China, the company has announced. Ma has been with Warner Music since 2011, most recently as CEO of Warner…
Warner Music Names Andy Ma CEO Over Greater China Region
Warner Music Group promoted Andy Ma to the new role of CEO, Warner Music Greater China, responsible for Mainland China, Hong Kong and Taiwan. ( read original story …)
CIOE 2020 to held at a new venue – Shenzhen World Exhibition and Convention Center, new exhibitors confirmed their debuts
For moving to its new venue to Shenzhen World Exhibition and Convention Center in 2020, China International Optoelectronic Exposition (CIOE), the world largest optoelectronic exposition, will free … ( read original story …)
China Home-Buying Curbs Look Set to Stay Despite Nascent Rally
China’s residential property market may be on the road to recovery but local authorities appear intent on toeing the party line, sticking to President Xi Jinping’s mantra that homes are for living in, … (…
Beijing-Backed AIIB to double funds under coronavirus crisis facility to $10 billion
The China-backed Asian Infrastructure Investment Bank said on Friday that it was doubling available funds under its COVID-19 crisis recovery facility to provide up to $10 billion in financing to meet … ( read original…
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