October year-on-year, official data showed on Monday, quickening from a 5.6% gain seen in the first nine months of the year. ( read original story …)
Monthly Archives For November 2020
China’s Factory Output Beats Forecasts as Asia Shakes off COVID Slump
BEIJING (Reuters) – China’s factory output rose faster-than-expected in October and retail sales continued to recover albeit at a slower-than-forecast pace, as the world’s second-largest economy … ( read original story …)
Ant Group’s IPO ‘hiccup’ and tech sell-off brushed off by investors amid rush to tap into China’s rebounding economy
Appetite remains strong to tap mainland China’s future growth even after the collapse of Ant Group’s IPO, investors say. ( read original story …)
China c.bank injects 800 bln yuan of medium-term loans, rate unchanged for 7th month
China’s central bank on Monday injected 800 billion yuan ($121 billion) in medium-term loans into the banking system and kept borrowing costs unchanged for the seventh straight month. ( read original story …)
China commercial lenders told to safeguard asset quality
Commercial lenders must increase their loan loss provisions in advance and dispose of more non-performing loans to prevent further asset quality erosion due to the lingering effects of the Covid-19 … ( read original story…
‘Paranoia and prejudice’: Chinese-Australians in politics face intense scrutiny as Canberra-Beijing ties fray
In the days before the Australian state of Queensland’s October 31 election, Peter Zhuang, a candidate for the centre-right Liberal National Party, made a pitch to voters in Chinese-language media. In … ( read original…
‘The China Nightmare’ Review: Beijing Never Got the Memo
China is not the juggernaut of Wall Street financiers’ imaginations, but that doesn’t make its expansionism any less of a threat. ( read original story …)
China looms as Biden’s biggest foreign policy challenge. Here’s where he stands
As United States President-elect Joe Biden faces an ugly, potentially contested transition, foreign policy may be the last thing on his mind. ( read original story …)
China says U.S. should stop unreasonably suppressing Chinese firms
China’s commerce ministry said on Monday that the United States should stop its unreasonable suppression of Chinese firms, responding to Washington’s decision to ban U.S. investments in firms tied to … ( read original story…
China Wants a Made-in-China Copper Price
China’s next move to open up its commodities markets may be a step change.As of Thursday, overseas investors will be able to trade copper futures on the Shanghai International Energy Exchange. It’s … ( read original…
Tower Hamlets objects to new China embassy after Uighur crackdown
China has revealed plans for a new embassy in Tower Hamlets as tensions escalate between the east London borough and China’s ambassador to the UK.China began consulting local residents over the … ( read original…
How The Crypto Community Got Divided Into Two Halves: CeFi Vs. DeFi
CeFi is an extension of the existing financial model but upgraded to the next level with crypto. It fixed a traditional financial problem — accessibility. Unlike CeFi services, DeFi protocols and … ( read original…
Ticker: Small business help in Boston; China, other partners sign world’s biggest trade pact
The city of Boston is offering more help to local small businesses struggling to stay viable amid the pandemic. Mayor Martin Walsh announced three new relief funds totaling $6.3 million. One will … ( read…
