Moody’s affirms China Mobile’s A1 rating; outlook stableRead the full article at Moody’s … ( read original story …)
Monthly Archives For August 2020
Beijing to let US audit Chinese firms listed in New York
China has proposed allowing US regulators to audit state-owned companies in efforts to resolve longstanding accounting concerns, but would reserve the right to redact materials over national security … ( read original story …)
Chinese EV Maker Xpeng Increases U.S. IPO Size to $1.5 Billion
Chinese electric vehicle (EV) maker Xpeng said on Thursday it has increased the size of its U.S initial public offering (IPO) to about $1.5 billion. ( read original story …)
China says halt of coronavirus vaccine partnership unrelated to Canada relations
China said on Thursday that the end to a partnership on a coronavirus vaccine between Chinese firm CanSino Biologics and Canada is unrelated to diplomatic relations between the countries. The Chinese … ( read original…
China’s offer of coronavirus tests for all in Hong Kong meets with public distrust
A Chinese government offer to test all Hong Kong residents for the novel coronavirus is meeting scepticism from the city’s medical community and public and is emerging as a politically charged issue … ( read…
40 years on, Shenzhen still China’s reform and opening-up paragon
Southern Chinese city of Shenzhen, a landmark in the country’s reform and opening-up drive, on Wednesday marked the 40th anniversary of the establishment of the special economic zone. Over the past … ( read original…
Hi-tech hub Shenzhen faces headwinds as it pushes ahead with innovation ambitions
Driven by a boom in the hi-tech sector, Shenzhen’s economy has surpassed those of neighbouring Hong Kong and Guangzhou, the capital of Guangdong province. Last year Shenzhen’s … ( read original story …)
Beijing up in arms over US spyplane sorties
Beijing has accused the United States of “naked provocation” by sending a high-altitude surveillance plane to spy on exercises involving one of China’s aircraft carriers.China has officially … ( read original story …)
5G towers are consuming a lot of energy, so China Unicom is putting some of them to sleep overnight
What many people don’t realise, though, is that it’s also expending a lot more energy for Chinese telecom companies. At the beginning of August, a China Unicom branch announced that it would put some ……
Victorian premier defends China deal as PM pushes to override state pacts with foreign nations
Daniel Andrews calls on Scott Morrison to offer up list of export markets on which Victoria should now focus … ( read original story …)
Chinese Phone Maker Xiaomi Taps New Finance Chief
The Beijing-based company hired Alain Lam, an investment banker, as it looks to grow its profit margins. ( read original story …)
China conducts this year’s 8th central bank bills swap
The People’s Bank of China, the central bank, said it will conduct this year’s eighth central bank bills swap (CBS) operation on Thursday to improve the liquidity of perpetual bonds issued by … ( read…
China to use its digital yuan in the 2022 Winter Olympics
The exact launch date of the digital currency remains unspecified. China is currently conducting trials of digital yuan across several provinces in the nation. The People’s Bank of China (PBoC) is … ( read original…
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