An increasing body of research looking at the U.S. and Chinese real-estate markets suggests that long booms may drag on the productivity of the economy. ( read original story …)
Monthly Archives For November 2020
How parent of BMW’s China partner drove to the brink of bankruptcy
In October 2003, the first China-made BMW 325i sedan rolled off a new production line owned by the German luxury brand and its joint venture partner, Brilliance, a subsidiary of provincially owned … ( read…
Shenzhen police complete probe into 12 Hongkongers
Shenzhen police say they have completed their investigation into 12 young Hong Kong people arrested for allegedly entering mainland waters illegally, and the case has been passed to prosecutors. ( read original story …)
Hong Kong customs seizes more than 160 diamonds worth HK$6.5 million from truck at Shenzhen border
More than 160 diamonds worth an estimated HK$6.5 million (US$840,000) have been seized during a Hong Kong customs inspection of a truck at a new border checkpoint, the largest bust of its kind in ……
Japan, China agree on economic ties, split over islands
China’s top diplomat has told Japan’s leader that Beijing wants the two Asian powers to have good relations and cooperate in fighting the coronavirus and reviving their pandemic-hit economies, but the … ( read original…
China’s central bank could intervene after ‘glaring’ state-firm bond defaults, analyst says
The PBOC previously warned that reliance on borrowing to make debt repayments by some large firms could present a risk to the entire economy. ( read original story …)
China conducts this year’s 11th central bank bills swap
The People’s Bank of China, the central bank, said it would conduct this year’s 11th central bank bills swap (CBS) operation on Friday to improve the liquidity of perpetual bonds issued by commercial … (…
China toy maker Pop Mart looks past downturn to open $600 mln Hong Kong IPO -sources
Chinese toy maker Pop Mart International Group will aim to raise up to $600 million when it opens the books for its Hong Kong initial public offering (IPO) on Monday, two sources with direct knowledge…
Steak out: China’s coronavirus testing chokes beef trade
In a supermarket in downtown Beijing, refrigerator shelves normally filled with steak from around the world sit empty as tougher testing for the novel coronavirus creates supply bottlenecks and raises … ( read original story…
International science and education producers meet in Shenzhen
The 11th China International Conference of Science and Education Producers concluded in Shenzhen on Nov 20. The event was held during t Two Hundred Years of Surgery, a science documentary from China, … ( read…
The ‘bloodsucking capitalist’ being lauded by Communist China
Zhang Jian, a pioneering 19th century capitalist, has been brought back to life many times by the Chinese Communist party since his death in 1926, depending on its propaganda needs. But his latest … (…
JD Health Eyes Hong Kong IPO In First Since Ant Group Offering Debacle
JD Health is gearing up to raise is looking to raise as much as $4 billion through an initial public offering (IPO) on the Hong Kong stock exchange. ( read original story …)
Beijing doesn’t want the U.S. to form an ‘anti-China coalition’ in the post-Trump era, consultancy says
Beijing is concerned countries in Asia will partner with the U.S. to counter China under President-elect Joe Biden, says Andrew Gilholm of Control Risks. ( read original story …)
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