BEIJING (Reuters) – China’s factory-gate prices fell at a sharper-than-expected pace in October, weighed by soft demand for fuel even as the country’s trade and manufacturing sectors staged impressive … ( read original story …)
Monthly Archives For November 2020
China’s commercial property deals will double in value to almost US$100 billion by 2030, CBRE predicts
The property services giant forecasts that the transaction value could top 650 billion yuan (US$98.3 billion) in 2030, more than twice the current level. ( read original story …)
The race to be China’s top fintech platform: Ant vs Tencent
As Ant Group seizes the world’s attention with its record initial public offering, which was abruptly called off by Beijing, investors and analysts are revisiting Tencent’s fintech interests, … ( read original story …)
China’s October PPI falls faster than expected
China`s factory-gate prices declined at a sharper-than-expected rate in October year-on-year, while consumer inflation eased to its slowest since 2009, data showed on Tuesday, underscoring the fragile … ( read original story …)
China’s business environment largely improved in past five years
China has largely improved its business environment during the 13th Five-Year Plan (2016-2020) period with enhanced innovation to better service efficiency. ( read original story …)
China reports 22 new COVID-19 cases vs 33 a day earlier
China reported 22 new COVID-19 cases as of Nov. 9, down from 33 cases a day earlier, its health authority said on Tuesday. The National Health Commission said one of the new cases was a…
Ant’s suspended IPO is a ‘sign of the times’ and ‘not an isolated case,’ says investor Mark Mobius
The suspension of Ant Group’s IPO is a sign of the times, according to veteran investor Mark Mobius, who is the founder of Mobius Capital Partners. ( read original story …)
Jack Ma’s botched Ant IPO becomes a boost for China’s state-run banks
Ant’s IPO was derailed by new rules to level the playing field between fintech giants and traditional banks.. Read more at straitstimes.com. ( read original story …)
China suspends fish imports from Indonesian firm after coronavirus detected
SHANGHAI (Reuters) – China has suspended imports from Indonesia’s PT. Anugrah Laut Indonesia for one week after the novel coronavirus was detected in a sample of frozen fish products supplied by the … ( read…
China to disinfect frozen food imports to curb coronavirus spread
China will disinfect all overseas shipments of cold-chain products as part of efforts to prevent the spread of the coronavirus, according to new import guidelines released on Monday. Packaging of … ( read original story…
Beijing’s marriage merry-go-round in pursuit of a car
Over three years one 26-year-old Beijing woman got married and divorced 17 times. Another, 37, married and divorced 28 times.It was not that they were indecisive or overly picky. Their successive … ( read original…
China’s inflation rate seen falling sharply on lower pork prices, subdued consumer demand
Amid a continued drop in price pressures in the current economic recovery, some economists have warned of rising risks of deflation unless Beijing maintains a sufficiently loose monetary policy to … ( read original story…
Commentary: This young, successful city marks a new era of how China does business
Early this month, on the 40th anniversary of Shenzhen’s designation as a special economic zone (SEZ), Chinese President Xi Jinping unveiled a blueprint for building the city into a trade, finance, and … ( read…