With President Trump all but gone from the White House, and the faltering Joe Biden preparing to move in, it looks as though China’s quest for world domination is back on track. ( read original…
Monthly Archives For November 2020
China grants Tesla green light to start selling Shanghai-made Model Y SUV
Tesla, now sells its Model 3 electric cars in China and has been building new car manufacturing capacity in Shanghai to make its Model Y SUVs. It applied for the Shanghai-made Model Y SUV sales…
China Needs to Raise Green Finance Standards to Meet Targets
China needs to improve its green finance standards and require banks to reveal more carbon emission information for the country to meet its carbon neutral pledge by 2060, according to a top official … (…
Ant IPO Has Slim Chance of Getting Done Next Year
The chances that Jack Ma’s Ant Group Co. will be able to revive its massive stock listing next year are looking increasingly slim as China overhauls rules governing the fintech industry, according to … (…
China edges towards greater financial discipline
A succession of defaults has rattled China’s $15tn bond market and is raising concerns about the country’s financial health following a sharp slowdown in economic growth this year. For foreign … ( read original story…
China state group says official meddling contributed to default wave
The fall of state firms isn’t just a result of bad management, unclear strategy and inadequate entrepreneurship,” said Mr Wang, in unusually frank remarks from a state-owned Chinese group, during an … ( read original…
Ant IPO said to face slim chances of getting done next year
Understanding the authorities’ thinking and navigating the complex rules — some of which are still subject to change — are the biggest hurdles facing Ant. ( read original story …)
INSIGHTS | What we learned from China’s World 5G Convention
At a major annual meeting, Chinese officials predict that ultra-fast 5G networks will deliver “digital economy” growth and new tech. ( read original story …)
Trump to add China’s SMIC and CNOOC to defense blacklist: Reuters, citing sources
The directive is unlikely to deal the firms a serious blow, experts said, due to its limited scope and uncertainty about the stance of the Biden administration. ( read original story …)
China says manufacturing activity expands for ninth straight month as official PMI beat expectations
The official manufacturing PMI reading is better than the 51.5 forecast by analysts in a Reuters poll and October’s official reading of 51.4. ( read original story …)
China’s wine tariffs will have a ‘devastating impact’ on small Australian producers, trade group says
China’s commerce ministry on Friday announced preliminary anti-dumping duties ranging from 107% to 212% on Australian bottled wine imports. ( read original story …)
China reports 18 new COVID-19 cases vs 11 a day earlier
China reported 18 new COVID-19 cases on Nov. 29, up from 11 a day earlier, the national health authority said on Monday. ( read original story …)
How Shenzhen turned all its 16,000 buses fully electric
E-buses could be the future of environmentally-friendly public transport, but the upfront costs and charging infrastructure are holding back adoption … ( read original story …)