China appears ready to maintain currency stability in order to insulate the domestic economy from global upheaval, as it did during the 2008 financial crisis, says Jason Daw of Societe Generale. ( read original story…
Monthly Archives For April 2020
China’s Gansu Provincial Govt to Inject Capital Into Bank of Gansu: Caixin
BEIJING — China’s Gansu provincial government will inject capital into Bank of Gansu (2139.HK) with support from the central bank’s special loans, the financial news outlet Caixin reported on Friday, … ( read original story…
To Belgrade and Beyond: Beijing Exports China Model of Virus Management
Last month, six Chinese medical professionals stepped off an Air Serbia jet in Belgrade to a red-carpet welcome from President Aleksandar Vucic and an array of cabinet ministers. After elbow-bump … ( read original story…
Asia virus latest: China imported cases rise, World Bank warning
China recorded its highest daily toll of imported virus cases, confirming 97 new infections. The World Bank said South Asia is on course for its worst economic performance in 40 years because of … (…
Beijing tightens grip over coronavirus research, amid US-China row on virus origin
China has imposed restrictions on the publication of academic research on the origins of the novel coronavirus, according to a central government directive and online notices published by two Chinese … ( read original story…
Australia shares end at 1-month high on China trade data
Australian shares closed at a one-month high on Tuesday, as better-than-expected data from its biggest trading partner China outweighed fears over the deepening economic impact from the coronavirus … ( read original story …)
Beijing blocks video game used for virtual Hong Kong protests
A video game in which players use cartoon avatars to explore an imaginary island has been blocked in China after Hong Kong democracy activists used it for virtual anti-government protests.Animal … ( read original story…
China Central Bank Raises Stake in India’s Mortgage Lender
The People’ has raised its stake in Housing Development Finance Corp. to just over 1%. China’s central bank held about 17.5 million shares at the end of March, according to quarterly data filed by ……
China’s new role as guardian of intellectual property
The country now files more international patents than the United States, meaning it has even greater incentive to protect innovation The biggest copyright game on the planet right now is the race to … (…
China moves to block new virus flare-up on Russian border
China is facing a new coronavirus flare-up along its remote northern border with Russia, far from the epicenter of Wuhan, where it has all but declared victory in the battle … ( read original story…
China Weighs Merging Its Biggest Brokers to Take on Wall Street
China has started the process of potentially merging its two biggest brokerage firms to create a company that can better compete with the global investment banks as the country opens up its financial … (…
China Probes Outspoken Property Tycoon After Covid-19 Criticism
Chinese authorities have placed outspoken property tycoon Ren Zhiqiang under investigation as it continues to grapple with the political fallout of the coronavirus pandemic. ( read original story …)
China tightens Russian border checks, approves experimental coronavirus vaccine trials
China must strictly prevent the inflow of cases and avoid a second outbreak.” China’s northeastern border province of Heilongjiang saw 79 new cases of imported coronavirus cases on Monday. All the new … ( read…
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