The NYSE on Thursday said it would delist China Mobile Ltd, China Telecom Corp Ltd and China Unicom Hong Kong Ltd following the U.S. government’s move in November to block investment in 31 firms that…
Monthly Archives For January 2021
China Might Be the New Movie Capital of the World
China sold more movie tickets than the U.S. in 2020 for the first time ever . North American box office sales plunged 80% to $2.3 billion, the lowest sum in 40 years (not adjusted for…
China’s Wintry Cold Lifts Diesel Use as Factories Buy Generators
A frigid winter is leading to power shortages in parts of China, driving up demand for diesel as factories rush to install generators to keep the lights on. ( read original story …)
China’s Caixin manufacturing PMI eases in December
China’s manufacturing activity moderated in December due to weak demand for the country’s exports, according to a private survey of manufacturers. The … ( read original story …)
Australia pushes back against China in Pacific as coronavirus hinders influence efforts
Canberra has promised to supply its Pacific neighbours with Covid-19 vaccines and recently signed a ‘landmark’ military deal with Fiji, one of the region’s most populous nations. ( read original story …)
China-Africa relations: Chinese foreign minister’s New Year trip still on despite coronavirus
Broken economies, the Belt and Road Initiative and the roll-out of Covid-19 vaccines will be discussed during Wang Yi’s five-nation tour. ( read original story …)
China’s renminbi jumps as global markets kick off 2021
China’s currency rallied against the dollar after global markets kicked off the first day of trading in 2021 while Japanese stocks fell as officials in Tokyo considered emergency measures to halt … ( read original…
China Telecom Firms Slide After New York Delisting As Oil Giants Fret
Shares in China’s big three state-owned telecom companies slid in Hong Kong Monday during the first day of trading since the New York Stock Exchange announced it was delisting the firms. Friday’s move … (…
China’s Dec factory activity growth slows, higher costs hit firms
Activity in China’s factory sector rose in December as the world’s second-largest economy sustained its recovery to pre-pandemic levels, a business survey showed on Monday, however, increasing cost … ( read original story …)
Vietnam pins hopes on Japan to face down Beijing in South China Sea oil hunt
When the Japanese energy firm Inpex in November settled a four-year legal battle against a Singaporean firm to retain its oil and gas concession with Vietnam in the South China Sea, it won the rights…
China’s central bank faces tricky balance to support liquidity
The People’s Bank of China has taken steps to ease financial conditions after interbank rates doubled in the second half of the year, reflecting the challenge it faces in navigating a return to normal ……
Shenzhen extend win streak, Liaoning edge Zhejiang
The Shenzhen Aviators smashed the Shanxi Loongs 116-93 for their sixth consecutive victory, while the Liaoning Leopards enjoyed a 129-116 victory against the Zhejiang Golden Bulls in the Chinese … ( read original story …)
China reports 33 new COVID-19 cases vs 24 a day earlier
Mainland China reported 33 new COVID-19 cases on Jan. 3, up from 24 cases a day earlier, the country’s national health authority said on Monday. ( read original story …)
