China’s upcoming economic data release will likely confirm the country as one of the few economies that grew in 2020 amid the Covid pandemic, said analysts. ( read original story …)
Monthly Archives For January 2021
UPDATE 1-China’s new home prices see moderate growth in December
China’s new homes prices grew moderately in December, official data showed on Friday, as government measures aimed at cooling the property market took their toll. Average new home prices in 70 major … ( read…
US development bank strikes deal to help Ecuador pay China loans
The US International Development Finance Corporation has struck a deal that will help Ecuador repay billions of dollars in loans to China and boost development in exchange for excluding Chinese … ( read original story…
A Year After Covid Began, China’s Economy Is Beating World
China’s economic ascent is accelerating barely a year after its first coronavirus lockdowns, as its success in controlling Covid-19 allows it to boost its share of global trade and investment. ( read original story …)
China Unexpectedly Drains Cash as Leverage Builds in Bonds
China’s central bank drained cash from the financial system this month after excess liquidity pushed an interbank borrowing cost to an all-time low. ( read original story …)
China’s EV funding war: what do US$1.3 billion of oversold notes say about NIO’s prospect in world’s biggest vehicle market?
Electric carmakers are rapidly raising funds and diversifying capital structures while their stocks fly high. They will still need to fight for every dollar to fund the electrification of the industry … ( read original…
Explainer: China’s new COVID-19 outbreaks
China has put millions of people in lockdown in response to new outbreaks of COVID-19 in the north and northeast, with Hebei province reporting the first new coronavirus death on the mainland since … (…
Tough-on-China Joe? Why America’s Mistrust of Beijing Is Here To Stay
Growing mistrust of Beijing among American voters and U.S. allies, fueled in part by Trump’s belligerent rhetoric and Xi’s own aggressiveness, has forced Biden to tiptoe through the middle ground. To … ( read original…
New year, new outbreak: China rushes to vaccinate 50 million as holiday looms
Drive to immunise 3.5% of the population in weeks comes ahead of the lunar new year festival and as three major cities are locked down … ( read original story …)
China A.I. firms and Huawei filed to patent technology that could identify Uighur Muslims, report says
A research firm that analyzes video surveillance technology examined Chinese patent applications for systems that could be used to identify ethnic groups. ( read original story …)
Trump takes final swipe at China’s biggest companies
Donald Trump has taken a final swipe at China and its biggest companies, imposing more sanctions and investment bans in his last days of office. Nine Chinese firms have been added to the Pentagon’s ……
U.S. Blacklists Xiaomi in Widening Assault on China Tech
Xiaomi Corp. plunged 11% after the Trump Administration blacklisted China’s No. 2 smartphone maker and 10 other companies, broadening efforts to undercut the expansion of the country’s technology … ( read original story …)
5 high-end electric SUVs available in China right now
When it comes to China’s electric car market, the high-end SUV segment is one start-ups and foreign brands alike are competing heavily for. ( read original story …)