Thousands of people have been lining up in Beijing to receive their vaccinations against COVID-19, as China steps up a mass vaccination drive ahead of the Lunar New Year, which falls in February and ……
Monthly Archives For January 2021
JPMorgan in Talks With China Bank on Wealth Venture
JPMorgan Chase & Co. is seeking to establish another Chinese joint venture in wealth management as the nation’s financial opening has spurred a rush by global banks to capture a piece of a market that…
China Is Pushing For Its Digital Yuan: Is The World Noticing?
Introduction The future of Digital Currencies is looking quite bright. The revolution ushered in by Bitcoin and other cryptocurrencies mean that governments are now serious about exploring the … ( read original story …)
Chinese electric carmakers snap up storefronts as property developers pursue new strategies
China’s commercial property developers are turning to new clients to fill spaces, many left vacant as the shock of the coronavirus pandemic hit businesses. ( read original story …)
China lifts yuan midpoint by most since revaluation in 2005
China’s central bank on Tuesday lifted its official yuan midpoint by the most since it abandoned a decade-old peg against the dollar in 2005, underpinned by sharp gains in spot prices a day earlier. (…
Genworth parent mulls US mortgage IPO after China merger stalls
Genworth Financial, the US-based parent company of Genworth Mortgage Insurance Australia, will explore a partial IPO of its US mortgage insurance business as part of a contingency plan after its … ( read original story…
How can a brand ever belong in China?
Numerous international brands have come unstuck in the past couple of years with their messaging in China because they are failing to do their homework – and then they do it over again, says a…
China suspends imports from Brazil pork plant over coronavirus concerns
China has suspended imports from a Brazilian pork plant operated by privately owned Aurora Alimentos over coronavirus concerns, according to a statement from a meat trade group on Monday. SAO PAULO, … ( read original…
China reports 33 new COVID-19 cases vs 33 a day earlier
Mainland China reported 33 new COVID-19 cases on Jan. 4, matching the count from the day before, the country’s national health authority said on Tuesday. ( read original story …)
UPDATE: Genworth Financial’s planned merger with a China-based company now on indefinite hold; company pursuing contingency plan
Genworth Financial Inc.’s plan to merge with a China-based company has been put on indefinite hold, in part because of the COVID-19 pandemic, though both … ( read original story …)
FTSE Russell cuts three more China firms from indexes after U.S. blacklist
FTSE Russell will delete a further three firms from its global equity indexes after guidance on an executive order by outgoing President Donald Trump barring U.S. investments in some Chinese companies … ( read original…
China suspends imports from Brazil pork plant over coronavirus concerns, meat group says
China has suspended imports from a Brazilian pork plant operated by privately-owned Aurora Alimentos over coronavirus concerns, according to a statement from meat trade group on Monday, in the latest … ( read original story…
The Sound Of Far-Off Thunder — China Curbs Lending To Property Developers
Chinese financial regulators have imposed new rules restricting lending to property developers in an attempt to mitigate potential risks from the sector to the country’s financial system. New … ( read original story …)
