China’s regulators want to step up exchanges with international counterparts and strengthen co-operation on anti-trust issues, data treatment and consumer protection, China’s central bank vice … ( read original story …)
Monthly Archives For January 2021
Asia Today: China’s big holiday travel season light so far
Thursday started the roughly two-week travel rush ahead of the holiday that falls this year on Feb. 12, a time when trains and other transportation are usually packed with migrant workers taking what … (…
China reports a growing shortage of factory workers
The government’s fourth-quarter list of 100 jobs with the greatest labor shortage showed manufacturing-related positions accounted for 36, or more than a third. ( read original story …)
China Is Crushing Leveraged Traders With Liquidity Withdrawals
China’s central bank is winning the battle against leverage, yanking billions of funds from the financial system and crushing a popular trade in the bond market. ( read original story …)
UPDATE 1-China 2020 fiscal spending up 2.8% y/y, revenue falls 3.9%
China’s fiscal revenue fell 3.9% in 2020 from a year earlier, while expenditure rose 2.8%, the finance ministry said on Thursday, underscoring the difficulties in government finances amid the COVID-19 … ( read original story…
Oil slips on tightening COVID-19 curbs, especially in China
Oil prices slid in early trade on Thursday on fresh worries about weakened fuel demand, after England clamped down on travel and China, the world’s second-largest oil consumer, also sought to limit … ( read…
In multiple messsages, Biden warns Beijing over expansionism
One week into the job, US President Joe Biden has sent a clear warning to Beijing against any expansionist intentions in East and Southeast Asia. Those comments and others sought to emphasize that the ……
U.S. reviewing China genocide ruling to make sure it sticks
The U.S. State Department is reviewing a Trump administration determination that China has committed genocide by repressing Uighur Muslims in its Xinjiang region to make sure that it sticks, President … ( read original story…
New U.S. secretary of state favors cooperation with China despite genocide of Uighurs
U.S. Secretary of State Antony Blinken said on Wednesday, his first full day in the job, that he favored cooperation with China on climate change and other issues of shared concern, even as he ……
With China’s treatment of Muslim Uighurs determined to be genocide, Biden Administration under pressure to act
Newly confirmed Secretary of State Antony Blinken did not hesitate to say that China’s treatment of its Uighur and Muslim minority populations is genocide. ( read original story …)
This is Asia’s top-performing economy in the Covid pandemic — it’s not China
Few economies grew in 2020 when lockdown measures around the world to contain the coronavirus brought much economic activity to a halt. ( read original story …)
Central bank digital cash could come to 20% of the world in three years – BIS
Central banks representing one-fifth of the world’s population are likely to issue their own digital currencies in the next three years, a survey by central bank umbrella group the Bank for … ( read original…
China Crushes a Highly Lucrative Bond Trade in Just 30 Days
China’s bond traders could buy sovereign debt with borrowed cash and net the best returns in almost seven years. Now they’re making next to nothing. ( read original story …)
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