The company has received approval from the Chinese Banking and Insurance Regulatory Commission (CBIRC) to set up a mutual fund unit in the country. Thus, BlackRock has become the first global asset … ( read…
Monthly Archives For August 2020
Trump’s Tariffs? Coronavirus? China’s Exports Are Surging Anyway
Chinese companies are taking a greater share of goods sold abroad, showing their tremendous strength despite mounting challenges. ( read original story …)
What China’s new export rules mean for TikTok’s US sale
Chinese regulators cast doubt over ByteDance’s planned sale of the US operations of its short-video subsidiary TikTok, by expanding the country’s list of controlled exports to include the algorithms … ( read original story …)
Curbs on Mongolian Language Teaching Prompt Large Protests in China
Mongolian is our mother language,” the students shouted. Rights activists say the demonstrations are the biggest in the northern region since 2011. ( read original story …)
China Central Bank Says It Will Improve Benchmark Interest Rate System
Improving China’s benchmark interest rate system would help build up financial markets, deepen market-based interest rate reforms and improve monetary policy management, the People’s Bank of China … ( read original story …)
China’s bank sector cleanup puts local governments in firing line
As China’s regulators flesh out details of a long-awaited master plan to clean up the country’s banking sector, it’s becoming increasingly evident that much of the burden is going to fall on the … (…
What Happens If China Gets the Covid-19 Vaccine First
U.S. prestige could falter, the administration could take deadly risks, the world will have to rethink its alliances — and those are just a few of the possibilities. ( read original story …)
Chinese corona patient recovers after 111-day hospital stay
A Covid-19 patient from China has left the hospital after the longest-ever stay on a controversial life support machine, a report said on Monday. The 62-year-old man spent 111 days on an … ( read…
India says China’s military made moves near disputed border
India said Monday its soldiers thwarted “provocative” movements by China’s military near a disputed border in the Ladakh region. ( read original story …)
China Is Gunning To Be The World Leader In AI Chips While Restricting Exports
China has passed the US in AI chip patenting and their brightest star, Cambricon has more than four times as many patents as Nvidia. ( read original story …)
First Mover: Huobi Takes on OKEx in Futures, Opening New Front in ‘Chinese’ Rivalry
Huobi is taking on OKEx in the business of bitcoin futures trading, opening a new front in the ongoing rivalry between the two Chinese-led exchanges. ( read original story …)
China’s Attempts to Spur Consumption Show Signs of Working
A gauge of Chinese business activity outside the factory floor rose to its highest level in 2½ years in August, driven by the service sector. ( read original story …)
China Evergrande aims to list property management unit in HK this year
China’s major property developer Evergrande said on Monday it aims to complete the listing of its property management unit in Hong Kong this year. ( read original story …)
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