Asian equities posted modest gains today and for the week while Mainland China underperformed. The Hang Seng Index overcame morning losses to gain +0.54% as it climbs toward the 25k level though the … (…
Monthly Archives For October 2020
China lifts import ban on scrap metals as coronavirus recovery heaps pressure on domestic metal supply
China has relaxed import restrictions on high-grade copper, aluminium and brass scrap amid a shortage in metals caused by strong demand due to the nation’s economic recovery. ( read original story …)
BREAKING: China bans people selling Crypto
China has placed a ban on entities from issuing digital cryptos. The world’s second-largest economy, China just recently published a draft law that seems to ban entities from issuing digital cryptos. ( read original story…
China’s Central Bank Set to Ban Cryptocurrency Issuance
In yet another crypto-related ban, China’s central bank is accepting public comments concerning a draft law that seeks to pave the way … ( read original story …)
U.S. says no justification for ‘concentration camps’ in China
The deputy White House national security adviser on Friday denounced China’s treatment of Uighur Muslims, saying there was no justification for the country maintaining “concentration camps” within its … ( read original story …)
Secret Chinese bank account remains a problem for Trump
A scandal-plagued American president defended a previously undisclosed bank account in China with two claims, both of which are wrong. ( read original story …)
Breaking: China prohibits units and individuals from creating and selling cryptocurrencies
The People’s Bank of China published a new draft law that seems to prohibit units or individuals from issuing digital tokens. This could be the first time the word cryptocurrency has appeared in any ……
Is Celebrity Endorsement Enough For Brands To Elevate Their China Approach?
Jing Daily’s weekly analysis of the very latest digital luxury brand campaigns in China from Lanvin, Blank Me, and Swarovski. ( read original story …)
China wealth manager platform Lufax aims to raise $2.36 billion in U.S. IPO
Lufax Holding Ltd , one of China’s largest online wealth management platforms, aims to raise up to $2.36 billion (1.8 billion pounds) in a U.S. initial public offering just days before the Nov. 3 ……
China Is Offering an Unofficial Coronavirus Vaccine to the Public on a First-Come, First-Served Basis
People are lining up for the experimental treatment despite the warnings from international public health experts … ( read original story …)
Hong Kong, Shenzhen start cross-listing of ETFs, setting a milestone in the financial integration of the Greater Bay Area
Two feeder funds began trading on the Hong Kong and Shenzhen exchanges on Friday , adding to the portfolio of cross-border financial instruments now available to residents of the Greater Bay Area and … (…
Don’t be blind to China’s rise in a changing world
The world order is changing, yet many are missing this because of a persistent anti-China bias. China’s extraordinary performance isn’t new. In fact, apart from the 1839-1949 “Century of humiliation”, … ( read original story…
North Korea claims ‘yellow dust coming from China’ could bring coronavirus
The streets of North Korea’s capital Pyongyang remained empty throughout Thursday after warnings issued by a state broadcaster of the threat from “yellow dust” floating over from China. Korean Central … ( read original story…
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