A vocal advocate of Chinese government reform living in the U.S. said that several banks have frozen his accounts back home, in another sign that Beijing is stepping up pressure on overseas dissidents … (…
Monthly Archives For November 2020
China Market Update: Bilibili Q3 Gets Jiggy, JOYY Goes On The Offensive
Asian markets had a mixed performance as coronavirus cases appear to be rising globally, weighing on sentiment against the backdrop of vaccine hopes and implementation timelines. The Hang Seng was off … ( read original…
Beijing warns United States and ‘Five Eyes’ allies they risk having ‘eyes poked out’ for meddling in ruling on Hong Kong lawmakers
China has delivered a stinging rebuke to the United States and its allies over their condemnation of a Beijing ruling that led to the immediate ousting of Hong Kong opposition lawmakers, warning they … (…
China borrows at negative rates for the first time
China is cashing in on fears that the West’s faltering economic recovery will keep interest rates near record lows for a long time. ( read original story …)
First doses of China’s CoronaVac COVID-19 vaccine arrive in Brazil
The first 120,000 doses of CoronaVac, a COVID-19 vaccine developed by China’s Sinovac Biotech that is being tested in Brazil, arrived at São Paulo’s international airport on Thursday morning, the … ( read original story…
China Property Site KE Raises $2.1 Billion in Share Sale
Chinese online real estate platform KE Holdings Inc. will raise $2.1 billion in a follow-on offering after pricing the new shares at a 5% discount to their last close, according to people familiar … (…
China tweaks global yuan strategy in signal of growing caution
China has tweaked one word in its policy to internationalise the yuan, a change that analysts see as a sign of Beijing’s new-found caution in promoting the international use of the currency. In a ……
OCC’s Brian Brooks Says China Owns Bitcoin but Crypto World Disagrees: Chinese Crackdown Pushes Miners Away
Bitcoiners have panned remarks by the OCC’s Brian Brooks that bitcoin is owned by China due to the disproportionate share of mining power. ( read original story …)
Tanzania cenbank places China Commercial Bank Ltd under management
The central Bank of Tanzania (BOT) said on Thursday it had put Dar es Salaam-based China Commercial Bank Ltd under statutory administration for failure to meet capital adequacy requirements. DAR ES … ( read original…
China’s banks seen keeping benchmark loan rate steady for 7th month
China’s loan prime rate (LPR) – a reference rate set monthly by 18 banks – is likely to remain unchanged for a seventh straight month at its November fixing on Friday, a Reuters survey of…
China’s Next Default Pressure Point Comes Closer
Beijing wants to keep troubled local debt vehicles at arm’s length. This determination will be put to the test. ( read original story …)
Danish corona mink mutation ‘most likely eradicated’: ministry
A mutated version of the new coronavirus detected in Danish minks that raised concerns about the effectiveness of a future vaccine has likely been eradicated, Denmark’s health ministry said Thursday. ( read original story …)
Breakingviews – Corona Capital: ESG pause, Haidilao, Royal Mail
Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights. PAUSE BUTTON. The pandemic has forced money managers to … ( read original story …)
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