China’s blue-chip stock index fell on Tuesday, marking its biggest daily loss since September after touching a 13-year high in the previous session, amid tightening liquidity conditions and Sino-U.S. ( read original story …)
Monthly Archives For January 2021
China says COVID-19 outbreaks will not lead to industrial shutdowns in north
COVID-19 outbreaks in northern China will have some impact on industries but will not lead to manufacturing shutdowns, said Huang Libin, an official at the Ministry of Industry and Information … ( read original story…
Ratcliffe: Biden’s ‘patience’ policy towards China ignores intelligence
Former Director of National Intelligence John Ratcliffe argued on Monday that the Biden administration’s approach to the Chinese government is flawed because it is “inconsistent” with what … ( read original story …)
Shenzhen, Japan bourses ink deal on ETF connectivity
Shenzhen Stock Exchange and Japan Exchange Group, Inc (JPX) on Monday inked a memorandum of understanding on exchange-traded fund (ETF) connectivity, innovative cross-border products, and in-depth … ( read original story …)
Xi Jinping touts coronavirus cooperation as China persists with vaccine disinformation push
Addressing the world’s economic elite on Monday, Chinese President Xi Jinping said that “containing the coronavirus is the most pressing task for the international community.” … ( read original story …)
China to conduct military drills in South China Sea amid tensions with U.S.
China said on Tuesday it will conduct military exercises in the South China Sea this week, just days after Beijing bristled at a U.S. aircraft carrier group’s entry into the disputed waters. A … (…
Securities investments between US and China reach US$3.3 trillion in 2020, says report
Recent policy headwinds can hinder future growth in securities investments between the US and China, said a New York-based consultancy. ( read original story …)
UPDATE 1-China’s short-term money rates jump to pre-COVID levels on tighter cash conditions
COVID 19 levels on Tuesday, pressured by the combination of the central bank’s extended net drain of cash from the financial system and higher holiday demand. ( read original story …)
Chengdu digital yuan trial, data thieves paid in crypto: Blockheads
Chengdu is launching its first lottery trial to distribute the digital yuan; authorities bust a gang selling personal data for Bitcoin. ( read original story …)
China pours money into green Belt and Road projects
Renewable power has for the first time made up the bulk of China’s Belt and Road Initiative energy investments as the coronavirus pandemic accelerated a shift away from fossil fuels, new analysis … ( read…
China to conduct military drills in S. China Sea amid tensions with U.S.
China said on Tuesday it will conduct military exercises in the South China Sea this week, just days after Beijing bristled at a U.S. aircraft carrier group’s entry into the disputed waters. ( read original…
U.S. and China will remain at odds under Biden as Beijing flexes on global stage, trade expert says
The U.S. and China had been growing apart before Trump and that trajectory will likely continue under President Joe Biden, a trade expert told CNBC on Monday. ( read original story …)
China Asset-Bubble Warning Threatens Stock Frenzy in Hong Kong
A chill swept through China’s stock and bond markets on Tuesday after the central bank unexpectedly withdrew funds from the financial system amid warnings about growing froth. ( read original story …)