China Construction Bank, the world’s second-largest bank by assets, is planning to raise $3 billion from a sale of bonds that can be bought with … ( read original story …)
Monthly Archives For November 2020
Why the Ant IPO got cancelled
China’s regulators put a stop to what would have been the biggest listing in history at the last minute angering both the company and investors looking to buy Ant shares. The FT’s Asia markets corresp…
Crown executives acted ‘with honesty’ over business dealings before staff arrests in China, inquiry hears
Casino’s counsel claims assumptions were made about rule of law in China and mistake ‘should not be judged severely’ … ( read original story …)
China’s factory activity and retail sales grew by the most in 10 months in October, as the world’s second biggest economy leaves COVID-19 behind
Industrial production grew by the most so far this year in October, while retail sales also improved, driven by the Golden Week public holiday. ( read original story …)
Asia’s Massive New Trade Deal Is No Big Victory for Beijing
RCEP is less ambitious in most ways than the more groundbreaking trans-Pacific trade pact that came into force last year, and it entrenches China’s place as more of a rule-taker than a rule-maker. ( read…
China Claims COVID Vaccine Is 90% Effective, a Week after Pfizer Announcement
The announcement comes after Pfizer and Russia institute said their vaccines are 90 percent and 92 percent effective respectively. ( read original story …)
EU must assert autonomy in face of US-China dominance, says Macron
French president says US election chance to pursue sovereignty amid rising populism … ( read original story …)
Shenzhen’s New Greek Restaurant is Also a Whisky Lounge
One thing Shenzhen is missing in its food scene is some Greek establishments. Enter Tarentum, Shenzhen’s first ‘Greek brunch’ restaurant which also doubles as a whisky lounge at night (strange pairing … ( read original…
Citizen journalist facing jail in China for Wuhan Covid reporting
Zhang Zhan was arrested more than six months ago after reporting on the outbreak … ( read original story …)
China c.bank tries to soothe market nerves after SOE debt shocks
China’s central bank injected more than $120 billion yuan into the country’s banking system on Monday in a move to soothe rattled nerves after a series of debt shocks involving state-owned enterprises … ( read…
Bank of England Leak, Biden’s Plan, China Rebounds: Eco Day
Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the week. ( read original story …)
China’s consumer spending picks up in October
Retail sales in the world’s second-largest economy rose 4.3 percent on-year last month, Beijing’s National Bureau of Statistics (NBS) said Monday. ( read original story …)
China is not an ‘expansionist empire’ as the West claims, state media says after signing of mega trade deal
Signing the Regional Comprehensive Economic Partnership (RCEP) shows the U.S. and the West have “misread” China, said Chinese state-backed tabloid Global Times. ( read original story …)
