China’s banking and insurance regulator said on Thursday it has approved the opening of China Galaxy Asset Management Co., Ltd, the fifth asset management company that mainly deals with bad loans and … ( read…
Monthly Archives For December 2020
WHO says China welcomes Covid-19 investigators, but unclear if they will go to Wuhan
It was unclear whether the WHO investigators will travel to the city of Wuhan where the virus was first detected. ( read original story …)
Moon rocks in hand, China prepares for future moon missions
Following the successful return of moon rocks by its Chang’e 5 robotic probe, China is preparing for future missions that could set the stage for an eventual lunar base to host human explorers … (…
China to Provide Financial Support to Key Foreign Companies
China’s government said it will provide financial support to some foreign companies to help them offset the impact of the pandemic and resolve funding difficulties, part of its efforts to improve the … ( read…
China’s blue-chip index extends gains on healthcare, financials boost
China’s blue-chip index ended higher for the fourth straight session on Thursday, powered by healthcare, consumer staples and financials sectors, on investor optimism over swift recovery in the … ( read original story …)
China says to share lunar samples with other countries
China will share data and samples from the moon obtained by its Chang’e 5 probe on the basis of international conventions though “unfortunate” U.S. restrictions on cooperation might prevent it getting … ( read original…
China’s finance ministry to issue preferential tax policies for chip, software sectors
China’s Ministry of Finance announced on Thursday it would issue preferential tax policies for semiconductor and software industries. (Reporting by Josh Horwitz and Lusha Zhang; Editing by Jacqueline … ( read original story …)
The most important company you’ve never heard of is being dragged into the U.S.-China rivalry
Taiwan Semiconductor Manufacturing Co. makes chips for iPhones, video game consoles and fighter jets. Now it’s being forced to choose sides. ( read original story …)
How one think tank is helping step up green finance initiatives in China
China has made headlines for green finance efforts toward an “ecological civilization” to address development and environmental objectives. ( read original story …)
China moon mission returns to Earth, vaulting nation into ranks of space powers
The Chang’e-5 capsule touched down safely, stirring national pride and fulfilling a step toward leader Xi Jinping’s “space dream.” … ( read original story …)
Prosecution of illegal border crossing suspects in Shenzhen a ‘decisive warning shot’ to Hong Kong secessionists
Twelve Hong Kong residents who had been detained in August for illegally entering into the mainland waters since they wanted to escape to the island of Taiwan to avoid being charged for their acts ……
China’s Luckin Coffee to pay $180 million fine in fraud case
China’s Luckin Coffee has agreed to pay a $180 million penalty to settle accounting fraud charges, the Securities and Exchange Commission says. The SEC charged the company with … ( read original story …)
China’s direct-to-consumer brands, with Parklu’s Kim Leitzes
Can direct-to-consumer brands break free of China’s e-commerce giants? TechNode asks maven Kim Leitzes about the rise of companies like Perfect Diary. ( read original story …)
