The risks of relying economically on the Asian superpower have never seemed clearer. But as the world tries to get moving again, it needs China more than ever. ( read original story …)
Monthly Archives For June 2020
China May Property Investment Quickens, Sales Rebound
Real estate investment and sales in China both quickened in May, pointing to continuing momentum as the property sector gradually recovers from the impact of the coronavirus outbreak. The property … ( read original story…
China Speeds Up IPO Reform, Widens Daily Limits for Some Stocks
China is accelerating a much-delayed shakeup of its market for initial public offerings, which may lead to explosive demand for new stocks. ( read original story …)
Coronavirus resurgence in Beijing prompts return of tough measures
Beijing reported its second consecutive day of record new numbers of COVID-19 cases on Monday, adding urgency to efforts to rein in a sudden resurgence of the coronavirus in the Chinese capital. ( read original…
China’s factory output rises less than expected, retail sales continued to contract in May
Sales have fallen for four straight months as shops, restaurants and other crowded places closed during the pandemic. ( read original story …)
China’s biggest chipmaker bets on Shanghai listing
At the heart of China’s drive to become technologically self-sufficient is a company that few have heard of. That is partly by design: Semiconductor Manufacturing International Corporation, China’s … ( read original story …)
Australia, New Zealand dollars unsettled by new virus outbreak in China
The Australian and New Zealand dollars slipped on Monday as concerns about a possible second wave of coronavirus infections in China hurt risk sentiment and the economic outlook for a major export … ( read…
Asia stocks little changed as virus fears resurface; China’s industrial output misses expectations
Stocks in Asia were little changed in Monday morning trade. The moves regionally came as Chinese economic data for May released Monday missed expectations. Stocks in Asia were little changed in Monday … ( read original…
FOREX-Aussie and kiwi down early after new virus cases in Beijing
The Australian and New Zealand dollars fell against their U.S. counterpart on Monday after fears of a second wave of the coronavirus in Beijing prompted investors to sell currencies sensitive to risk. ( read original…
China Official Sees Beijing Risk; Tokyo Cases Rise: Virus Update
A jump in cases in Beijing raised fears of a resurgence of the pandemic in China, while Tokyo also saw infections climb. ( read original story …)
RPT-China reports 49 new COVID-19 cases for June 14; 36 in Beijing
Mainland China reported 49 new confirmed COVID-19 cases for June 14, down from 57 a day earlier, the national health authority said on Monday. The National Health Commission (NHC) said in a statement … (…
China Adds Funds to Banking System to Avoid Liquidity Shortage
China injected liquidity to the financial system by offering medium-term loans to banks, in the government’s latest effort to avoid a funding crunch this month. It kept interest rates on the loans … ( read…
China cbank injects 200 bln yuan via MLF, keeping rate unchanged for 2nd month
China’s central bank on Monday rolled over some maturing medium-term loans while keeping interest rates unchanged for the second straight month in a row. ( read original story …)
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