The United States imposed financial sanctions and a travel ban on 14 Chinese officials over their alleged role in Beijing’s disqualification last month of elected opposition legislators in Hong Kong, … ( read original story…
Monthly Archives For December 2020
Baidu’s Apollo gets green light to test AD cars in Beijing without on-board safety driver
Apollo, Baidu’s autonomous driving (AD) unit, has been granted five licences by authorities in Beijing to test five autonomous cars in designated areas within China’s capital city, without an on-board … ( read original story…
China stocks extend retreat as Sino-U.S. tensions weigh
China shares closed lower for a second straight session on Tuesday as Sino-U.S. tensions weighed on the market, with financial and transport stocks leading the decline. ( read original story …)
China Is Close to First Consumer Price Deflation Since 2009
China could post its first year-on-year decline in consumer prices in over a decade, but that trend is likely to be short-lived and have limited impact on monetary policy. ( read original story …)
China Doesn’t Need That Much Pork After Record Imports This Year
Pork imports by the world’s top consumer may fall as much as 30% next year as the recovery of China’s hog herd from African swine fever exceeds expectations, Pan Chenjun, a senior livestock analyst ……
China reports 12 new COVID-19 cases vs 15 a day earlier
China reported 12 new COVID-19 cases on Dec. 7, down from 15 cases a day earlier, the national health authority said on Tuesday. ( read original story …)
Shanghai, Beijing, Shenzhen mainland’s top financial centers
Shanghai, Beijing and Shenzhen have been rated as the top three financial centers among Chinese mainland cities, according to a new report. While the three cities top the national list in … ( read original…
‘V-Day’: A year after COVID-19 pandemic began in China, U.K. first to start Pfizer-BioNTech vaccinations
The U.K. is the first western country to start vaccinating its population against a virus that has killed more than 1.5 million people worldwide. ( read original story …)
Goldman Sachs seeks 100% control of China securities venture
Goldman Sachs is set to take full ownership of its securitie China, as Western investment banks seek to expand their presence across the country’s booming financial industry. The US bank has signed a … (…
China open to reset in relations with US, as Washington announces fresh sanctions over Hong Kong
China’s foreign minister says Beijing is open to restarting its relationship with the US, declaring the two countries are at a “critical historical juncture” after a year of escalating tensions. ( read original story …)
China regulator puts country’s fintech giants on notice hinting at more rules
China’s top banking regulator hinted at “timely and targeted measures to prevent new systemic risks,” in a nod toward further regulation on tech giants. ( read original story …)
China to adopt ‘positive and prudent’ approach towards fintech regulation, banking regulator says
China will adopt a “positive and prudent” approach towards the rapid growth of the country’s financial technology industry and will watch over “too big to fail” cases in the sector, the head of its ……
Shenzhen sees influx of HK residents fleeing epidemic
There has been a spike in the number of people from Hong Kong Special Administrative Region (HKSAR) entering the Chinese mainland via Shenzhen Bay Port in South China’s Guangdong Province, with … ( read original…
