However, China will need to reduce its debt issues at some point, says Sitao Xu, chief economist and partner of Deloitte China. ( read original story …)
Monthly Archives For December 2020
China Says Firmly Opposes U.S. Sanctioning Chinese Officials
China firmly opposes and strongly condemns U.S. Secretary of State Mike Pompeo imposing sanctions on the Chinese Communist Party’s (CCP) United Front Work Department, the foreign ministry said on … ( read original story …)
Asian shares mixed on report of more US sanctions on China
Shares were mixed in Asia on Monday following a report that the U.S. is preparing to slap sanctions on a dozen more Chinese officials, ratcheting up tensions with Beijing. Benchmarks dropped in Tokyo, … (…
Data Centre Colocation Market Is Booming Worldwide | China Unicom, Verizon, NTT Communications, Equinix
The Data Centre Colocation Market has witnessed continuous growth in the last few years and is projected to grow even … ( read original story …)
China trade surplus hits record $75B as Nov exports soar
China’s politically sensitive trade surplus with the U.S. soared to a record $75.4 billion November as exports surged 21.1% over a year earlier, propelled by strong demand from American consumers. ( read original story …)
China in no rush to tighten policy despite quickening recovery: former stats official
China is unlikely to tighten its monetary policy soon, even though an economic recovery could gain steam in coming months, Xu Xianchun, a former vice head of the National Bureau of Statistics, told … (…
China’s senior diplomat hopes U.S. policy on China can ‘return to objectivity’
China’s senior diplomat Wang Yi called for a “steady transition” of relations between China and the United States on Monday. China’s relations with the United States hit rock bottom during the Trump … ( read…
PLA reforms drive China into second place after US in global arms market
The global arms market was dominated by US and Chinese companies in 2019, while the Middle East made its first appearance among the 25 biggest weapons manufacturers, according to a research institute … ( read…
China’s Sinovac Ramps Up Production Of Potential COVID-19 Vaccine
Vials of potential COVID-19 vaccine CoronaVac are seen on the production line at Sinovac Biotech production facility during a media tour on September 24, 2020 in Beijing, China. Sinovacs inactivated … ( read original story…
Asian Shares Slip on Report of More US Sanctions on China
Shares are mostly lower in Asia following a report that the U.S. is preparing to slap sanctions on a dozen more Chinese officials, ratcheting up tensions with Beijing. ( read original story …)
China Vanke property sales increase in November
China Vanke Co. Ltd., one of the country’s major property developers, saw sales rise in November. The developer said in a statement that its contracted property sales totaled 57.54 billion yuan (about … ( read…
US to target more China officials over Hong Kong crackdown, sources say
At least a dozen Communist Party members and officials from the National People’s Congress could face sanctions this week. ( read original story …)
China’s Experimental Stock Board Gains 200th IPO Just Over a Year After Launching
The Nasdaq-style Shanghai Star Market launched in July 2019 in an effort to improve the ability of innovative companies to access public market financing. ( read original story …)
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