South China’s metropolis of Shenzhen has seen its gross domestic product (GDP) grow 20.7 percent on average annually over the past 40 years, said Mayor Chen Rugui Thursday. The city is undergoing high … (…
Monthly Archives For September 2020
Alibaba Fintech Arm Eyes Record IPO With Hong Kong-Shanghai Listing
The financial arm of Chinese e-commerce titan Alibaba is planning the biggest IPO in history, raising as much as $35 billion in a joint listing in Hong Kong and Shanghai, a report said Thursday. And…
China Focus: Changing role of Shenzhen as China further deepens reform, opening-up
Over the past four decades, the southern Chinese city of Shenzhen, the first and most successful special economic zone in the country, has transformed from a small fishing village opening a window for … (…
BRIEF-Imeik Technology Development’s Trading Of Shares To Debut On Sept 28 In Shenzhen
SAYS TRADING OF SHARES TO DEBUT ON SEPT 28 IN SHENZHEN STOCK EXCHANGE Source text in Chinese: (Reporting by Hong Kong newsroom) … ( read original story …)
China denies running hundreds of detention centres in Xinjiang
AFPTV 1. SOUNDBITE 1 – Wang Wenbin, Chinese foreign ministry spokesperson (male, Mandarin Chinese, 17 sec): “China once again urges Pompeo and the likes of him to abandon the Cold War mentality and … (…
Rebalancing from ‘new economy’ to ‘dual circulation’ China stocks: CIO
William Ma of Noah Holdings says it is time to take some profit from the “new economy” Chinese stocks, and invest in the “dual circulation” China theme, which includes cosmetics and biotechs. ( read original…
China’s Xi: COVID reveals isolationism as a futile pursuit
China’s leader took oblique potshots at the United States and its foreign policies Tuesday, cautioning in a U.N. address that the world must “not fall into the trap of a clash of civilizations” — rema…
Bitcoin dropped back to 10K; China struggles with crypto-traders
Bitcoin confirmed its dependence on the stock market, declining sharply alongside the traditional market on September 21st and remaining under pressure on Thursday morning. The trigger for the stock … ( read original story …)
China’s Sinovac expects interim final-stage trial data on coronavirus vaccine this year
China’s Sinovac Biotech expects to begin analysing final-stage human trial data on its coronavirus vaccine candidate this year to decide whether it is effective enough to seek regulatory approval … ( read original story …)
A look at Beijing 2022 Winter Olympics venue
Construction of the National Speed Skating Oval, which will host the 2021 World Speed Skating Championships and the speed skating competitions at the 2022 Winter Olympics, is underway. ( read original story …)
China’s surging corn prices blamed on speculators as Beijing plays down fears of grain shortage
China’s agriculture minister has blamed speculators for skyrocketing corn prices, as Beijing continues to reassure the public the world’s most populous country is not facing a grain shortage. Corn … ( read original story …)
China’s biggest banks may follow HSBC in trimming dividend payout amid biggest earnings setback since 2008 crisis
China’s biggest lenders may depart from the usual 20-30 per cent dividend payout ratio by handing out less – or nothing – to investors this year. ( read original story …)
China’s university cheats could lose access to mortgages and fast internet under plans to expand Beijing’s ‘Orwellian’ behavior rating system
The country plans to include cheating at university in its social credit system which determines access to transport, mortgages, and even promotions. ( read original story …)
