China’s central bank is seeking to normalize monetary policy as the “economy recovers steadily,” in another sign that the country’s policy makers are gradually pulling back from the stimulus measures … ( read original story…
Monthly Archives For September 2020
Chinese tourists visit Beijing’s military museum
A Chinese tourists stands near China’s Dong Feng 2 ballistic missile on display at Beijing’s National Military Museum of Revolution March 22, 2009. The head of the U.S. Pacific Command last week … ( read…
China real estate takes back seat as hopes pinned on consumption to drive recovery
China is tapping the brakes on property prices and cutting the availability of mortgage loans to spur households to spend instead of repaying debt, as policymakers try to ignite private consumption … ( read original…
China stocks rise on recovery hopes, STAR Market jumps
Chinese stocks closed higher on Tuesday with tech shares leading the gains, buoyed by hopes of a sustained domestic economic recovery. ( read original story …)
China and world at risk of financial turmoil greater than 2008 crisis, ex-finance minister warns
Extent of China’s V-shaped economic recovery will ultimately depend on the performance of the global economy, and the ongoing wave of anti-globalisation is cause for alarm in the near-term, Lou Jiwei … ( read original…
China’s crypto confusion, new privacy tools: Blockheads
CCTV called crypto 2020’s best asset on the same day that a police official said crypto is responsible for $145.5 trillion in illegal outflows. % … ( read original story …)
China’s domestic travel sees ‘L-shaped’ recovery post-coronavirus: Morningstar
While China’s Golden Week is likely to boost passenger volumes slightly, its airlines remain “a bit far off” from entering profitable territory, says Morningstar’s Ivan Su, who adds that the country’s … ( read original…
AP Interview: US Ambassador Defends Tough Approach to China
The departing U.S. ambassador in Beijing has defended a tough approach to China that has riled relations between the world’s two largest economies. ( read original story …)
Thailand to Slowly Restart Tourism With Flight From China
Thailand will receive its first foreign vacationers when a flight from China arrives next week, marking the gradual restart of a vital tourism sector battered by coronavirus travel curbs, a senior … ( read original…
China accounts for half of global blockchain patent applications
(Xinhua/Ou Dongqu) NANCHANG, Sept. 29 (Xinhua) — China has applied for 4,435 blockchain patents so far, accounting for about half of the world’s total, according to an industry report released on … ( read original…
Chinese investors flock to newly-launched funds targeting Ant IPO
Alipay logo is pictured at the Shanghai office of Alipay, owned by Ant Group which is an affiliate of Chinese e-commerce giant Alibaba, following the coronavirus disease (COVID-19) outbrea … ( read original story …)
Trump’s Taxes, Coronavirus, China’s Economy: Your Tuesday Briefing
Good morning. We’re covering the second part of The Times’s investigation into President Trump’s federal tax returns, the growing numbers of virus conspiracy theorists in Europe and the stirring signs … ( read original story…
Hong Kong shares fluctuate as investors weigh China’s economic recovery against mounting coronavirus worries
Hong Kong markets were mixed in early trading on Tuesday as investors weighed mounting concerns about the global coronavirus outbreak against China’s economic recovery. The Hang Seng Index increased … ( read original story …)
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