NEW YORK, NY / ACCESSWIRE / July 13, 2020 / As China’s consumer finance sector has entered blooming stage, thousands of players are vying for a place in this market, from which Mashang Consumer ……
Monthly Archives For July 2020
China is stepping into global leadership vacuum as U.S. struggles with coronavirus, says Kevin Rudd
The global leadership vacuum during the coronavirus crisis is an “open door” for China to walk into, said Kevin Rudd, president of the Asia Society Policy Institute. ( read original story …)
China’s Shenzhen stocks surge nearly 3% as markets in Asia jump
The World Health Organization on Sunday reported a record daily rise in global coronavirus cases, according to Reuters. ( read original story …)
Chinese biotech firm Immunotech deploys IPO cash to bet on next technology to fight liver cancer
Beijing in 2016 required them to go through clinical trials … after raising HK$1 billion from an initial public offering in June. The IPO, under Hong Kong’s two year-old regime that allowed … ( read…
Could the Coronavirus Crisis Upend Trade with China?
Tensions were flaring between China and the United States even before coronavirus. But as COVID-19 ravaged the world, the two superpowers descended into outright bickering. President Donald Trump … ( read original story …)
China reports 141 dead or missing in flooding since June
The Yangtze River region has seen its second highest rainfall in more than a half-century so far this year as deadly flooding strikes much of China … ( read original story …)
China’s export slump to ease in June as economies reopen, imports fall less: Reuters poll
The slump in China’s exports likely eased in June as some countries reopened their economies, while imports contracted less sharply on higher crude oil and commodities purchases, a Reuters poll showed … ( read original…
China has found an ‘open door’ into a global leadership vacuum, says former Australian PM
China has found an “open door” into a world leadership vacuum given the U.S.’ failure to lead a global response to a international public health and economic crisis, says Kevin Rudd, former prime … (…
China’s central bank sees little need for more emergency stimulus this year
At a regular briefing with reporters on Friday, representatives of the People’s Bank of China indicated there was little need for more emergency measures that had been rolled out as Covid-19 hit … ( read…
Inside the Craze for Filecoin Crypto Mining in China
As Filecoin inches closer to a blockchain mainnet launch – after several delays since its $200 million raise in 2017 – investors in China are again speculating heavily on the network’s mining hardware … (…
Compliant Chinese investors go on wild stockmarket ride after Beijing bungle
China’s sharemarket surged last week and then slid, as authorities first encouraged retail investors to buy and then tried to curb their enthusiasm sending the market on a see-saw ride. ( read original story …)
Beijing reports no new domestically transmitted COVID-19 cases for 7th day
BEIJING, July 13 (Xinhua) — Beijing reported no new confirmed domestically transmitted COVID-19 cases Sunday, the municipal health commission said Monday. This marked that the Chinese capital city … ( read original story …)
As China allows more Hong Kong lenders to remotely open Greater Bay Area bank accounts, here is what you need to know
Under a pilot scheme introduced by Beijing in March last year, Bank of China (Hong Kong), one of the city’s three note-issuing banks, started allowing residents to open mainland accounts without … ( read original…