China’s central bank issued a regulation on Thursday to cap property loans by banks, as authorities shift their attention back to debt risks and look to guard against any overlending to the property … (…
Monthly Archives For December 2020
China-EU investment deal: ‘landmark’ treaty greeted with a shrug by underwhelmed analysts
China has retained control in key sectors such as telecoms and aviation, prompting some pundits to suggest that Europe’s struggling economy amid the coronavirus pandemic weakened its negotiating … ( read original story …)
Shenzhen to focus on chips, AI and biomedicine to grow GDP 40 per cent over five years in the face of US hostility and economic slowdown
China’s southern tech hub of Shenzhen aims for 40 per cent growth over five years, with the goal of becoming an international hub of innovation, despite challenges from the US for local tech giants. (…
Tokyo Sets New Case Record; New Strain Spreads: Virus Update
Global deaths from Covid-19 passed 1.8 million. Tokyo recorded a record number of new infections, and Japan warned it could consider a state of emergency if the new outbreak can’t be contained. ( read original…
China OKs 1st homegrown vaccine as COVID surges globally
BEIJING (AP) — China has approved its first homegrown COVID-19 vaccine for general use, health regulators said Thursday, marking the addition of another vaccine in the global fight against a … ( read original story…
Covid-19 Live Updates: China Approves Its First Vaccine
The country is now set to inoculate tens of millions. A tiny Colorado town is grappling with the first detected U.S. cases of the new virus variant. Good riddance, 2020! Here’s the latest pandemic ……
Expert views: China gives conditional approval to Sinopharm COVID-19 vaccine
China approved its first COVID-19 vaccine for general public use on Thursday, a shot developed by an affiliate of state-backed pharmaceutical giant Sinopharm, as it braces for greater transmission … ( read original story …)
DOJ National Security Boss Is Moving On — But Cyber, China Threats Aren’t
John Demers looks back on his latest stretch in the Justice Department in an exclusive interview with NPR. Cyber threats from Russia and China will remain a big problem, he warns. ( read original story…
Covid-19 Vaccine Gets Provisional Approval From China Drug Regulator
A Chinese drug regulator gave provisional approval to a Covid-19 vaccine developed by a state-owned company, providing a green light for mass inoculation roughly a year after the pandemic first … ( read original story…
ZTE, China Mobile complete SPN emulation pilot on existing network
ZTE and the Zhejiang branch of China Mobile have completed a network emulation pilot on the existing SPN in Huzhou. By simulating different network environments, ZTE and China Mobile report they have … ( read…
China Caps Bank Loans to Real Estate to Curb Systematic Risk
China’s regulators plan to cap banks’ lending to the real estate sector for the first time, in their latest efforts to guard against systematic risks and ensure financial stability after a series of … (…
UPDATE 1-China central bank says to cap property loans by banks
China’s central bank issued a regulation on Thursday to cap property loans by banks, as authorities shift their attention back to debt risks and look to guard against any overlending to the property … (…
China Considers Requiring Ant to Sell Finance Investments, Source Says
Chinese regulators are studying plans to force Ant Group Co. to divest equity investments in some financial companies, curbing the company’s influence over the sector, according to a person familiar … ( read original story…