China’s central bank Wednesday pumped cash into the banking system via reverse repos to maintain liquidity. The People’s Bank of China injected 200 billion yuan (about 28.9 billion U.S. dollars) into … ( read original…
Monthly Archives For August 2020
China’s EV maker Xpeng raises U.S. IPO pricing
Chinese electric vehicle maker Xpeng could raise as much as $1.275 billion from its U.S. initial public offering (IPO) after flagging that its shares would be priced at $15, two sources with direct … (…
China’s Ant cites geopolitical tensions for domestic IPO decision
E-commerce giant Ant Group’s market debut could be among the biggest ever, possibly surpassing Saudi Aramco’s listing. ( read original story …)
China Mobile already has 70 million 5G subscribers
The world’s biggest mobile operator has revealed its latest quarterly numbers and inevitably they’re all huge. ( read original story …)
China will release funds to local governments more quickly to boost economy
China will speed up the release of special funds to local governments to support the economy, vice finance minister Xu Hongcai told reporters on Wednesday. ( read original story …)
Chinese envoy says Australia betrayed China for US on virus
A senior Chinese diplomat has likened Australia’s call for an inquiry into the coronavirus pandemic to the betrayal of Roman dictator Julius Caesar in a Shakespearean tragedy for the benefit of the Un … (…
China protests alleged US Air Force spy plane incursion during military drills
China is protesting the alleged incursion of a U.S. Air Force U-2 spy plane into a no-fly zone imposed during live-fire military exercises in the country’s north. ( read original story …)
Mike Pompeo address to RNC from Jerusalem praises Trump for standing up to China – video
Pompeo says Trump’s policies ‘may not have made him popular in every foreign capital, but it’s worked’ … ( read original story …)
BlackRock: China Will Continue to Be a Growth Engine
Ben Powell, chief Asia Pacific investment strategist at BlackRock Investment Institute, shares his views on Asian stocks, economies, and emerging-market debt. He speaks with Manus Cranny and Yousef … ( read original story …)
China says no need for panic buying of food and oil
Still, farmers and traders should prevent food waste caused by improper storage, while farmers who stockpile in the hope of later gains should be wary that prices could turn against them, ministry … ( read…
China, Italy must push for new progress in ties: Chinese FM
China and Italy should build on the good momentum of their joint fight against the COVID-19 pandemic to push for new developments in their bilateral relations, visiting Chinese State Councilor and … ( read original…
China’s Crash Diet Begs The Question: Is It Facing A Food Crisis?
China is among the world’s biggest food producers and consumers, with nearly 1.4 billion mouths to feed. But heavy flooding this year in the Yangtze River basin — the source of most of China’s rice…
China Feels ‘Singled Out’ By Australia Push for Covid-19 Inquiry
China feels unfairly “singled out” by Australia’s push for an inquiry into the origins of Covid-19, with a top diplomat in the country suggesting Prime Minister Scott Morrison’s government was helping … ( read original…