Chinese officials said Monday that GDP “expanded by 4.9% in the third quarter from a year earlier, putting China’s economy back toward its pre-coronavirus trajectory,” The Wall Street Journal reports … ( read original story…
Monthly Archives For October 2020
Shenzhen’s 40th Anniversary: What Those Early Years Were Like
The south China city of Shenzhen has been celebrating its 40th anniversary this past week, with much media attention paid to how the city famously grew from ‘a small fishing village’ to the metropolis ……
China’s uneven coronavirus economic recovery stirs protest in Beijing
A rare protest erupted in Beijing on Monday, with hundreds of parents taking to the streets of the capital to demand their money be returned after a private tutoring company collapsed in a sign of…
Beijing urges disinfecting outer packaging of goods ordered from overseas
A community worker disinfects an area designated for delivery packages at a residential community in Jiugong Town, Daxing District, Beijing, capital of China, June 21, 2020. (Xinhua/Li Xin) BEIJING, … ( read original story …)
China’s $1.5 million digital currency giveaway impressed analysts. Shoppers, not so much
China’s experimental $1.5 million (1.16 million pounds) giveaway of digital yuan to Shenzhen citizens ended on Sunday with acclaim from currency analysts – and scepticism from some users saying they … ( read original story…
China Tells U.S. Companies That They Are Welcome in Its Market
China’s foreign ministry on Monday said in response … featuring tips and expert insight on all things money: personal finance, careers, investing, real estate and more. The Most Important … ( read original story …)
Asia-Pacific stocks mixed as China reports third-quarter GDP jump; Alibaba shares in Hong Kong rise
GDP grew 4.9% as compared to a year ago, according to data released Monday by the country’s National Bureau of Statistics. ( read original story …)
Why tech IPOs are flourishing in the U.S. and China — but not Europe
According to PitchBook, Europe has seen just 26 venture capital-backed IPOs this year, compared to 70 in the U.S. and 92 in China. ( read original story …)
Ant Group Wins China Approval for Hong Kong IPO Plan
Jack Ma’s Ant Group Co. won a key approval from the China Securities Regulatory Commission for its listing in Hong Kong, paving the way for what could be the world’s biggest initial public offering, ……
China Threatens to Detain Americans if U.S. Prosecutes Chinese Scholars
American officials said China had insisted that the Justice Department not proceed with cases against the arrested scholars, who are in the Chinese military and face charges of visa fraud. ( read original story …)
China’s Economy Bounces Back As Pandemic Is Brought Under Control
With the coronavirus pandemic still raging globally, China will be the only major economy in the world to post positive growth this year. ( read original story …)
Global shares rise on US stimulus and vaccine hopes, China data – business live
Pfizer’s announcement on Friday that it hopes to apply for emergency approval for its Covid-19 vaccine by late November has also lifted spirits, after a bad week for shares last week when Covid-19 … (…
China, on reports it may detain Americans, says U.S. is trying to play the victim
China’s foreign ministry said on Monday the United States is calling white black and is trying to play the victim, following a report Beijing had warned Washington that Americans may be detained in … (…