China central bank on Friday conducted 100 billion yuan about 1545 billion US dollars of reverse repos to maintain liquidity ah … ( read original story …)
Monthly Archives For February 2021
WPP Report Shows What Brands Can Learn from China’s Shopping Festivals
A recently released WPP report “Dates with Destiny” deciphers how brands can win over customers and generate sales at these shopping festivals. ( read original story …)
Stratospheric IPO Debut Makes China’s Kuaishou a Global Media Giant
Shares of Chinese social video company Kuaishou made a stratospheric start in their post-IPO debut on the Hong Kong Stock Exchange. Early trading on Friday morning saw their price nearly triple, … ( read original…
U.K. Ends Chinese TV License, Stoking Tensions With Beijing
The U.K.’s media regulator has pulled Chinese state-run television channel CGTN off the air, a decision that’s set to deepen tensions with Beijing. ( read original story …)
China Opens Its Doors to Foreign Junk
With little fanfare, China, the world’s biggest consumer of iron ore, opened its doors to 3,000 tons of Japanese scrap metal. It was the country’s first such import since it imposed a near-total ban ……
China Investors Evade Capital Controls to Buy Hong Kong IPOs
It’s not hard to find reasons why cash is pouring into Hong Kong initial public offerings at a record pace: rock-bottom interest rates, frothy markets, pandemic boredom. ( read original story …)
China should promote free movement of digital data, government think tank says
Data-related trade set to become a new economic growth driver, deputy director of the Development Research Centre of the State Council says in new study. ( read original story …)
Kuaishou Nearly Triples After Biggest Internet IPO Since Uber
Kuaishou Technology, the operator of China’s most popular short-video service after ByteDance Ltd.’s Douyin, jumped 194% in its Hong Kong debut after a $5.4 billion initial public offering that … ( read original story …)
China reports fewest daily COVID-19 cases in over a month
China reported the fewest new COVID-19 cases in over a month, official data showed on Friday, suggesting that the latest wave of the disease is subsiding ahead of the key Lunar New Year holiday period…
Taiwan Says It’s Crucial Biden ‘Reaffirms’ U.S. Support as China Goes on ‘High Alert’
“Beijing’s military, economic, and diplomatic coercion against Taiwan constitutes a threat to the security not only of Taiwan, but of the entire Indo-Pacific region,” the Taipei Economic and Cultural … ( read original story …)
It’s Joe Biden’s Technology Cold War Now
Joe Biden’s administration is being confronted with tough decisions about the technology cold war with China that took off under his predecessor. A lawsuit brought by Xiaomi Corp. presents a catalyst … ( read original…
Prada Shakes Up China Retail Strategy, Shuts Plaza 66 Flagship
No brand will leave such a prime location unless a much more appealing option is offered, as two nearby malls will reopen end of 2021. ( read original story …)
China Investors Evade Capital Controls to Snap Up Hong Kong IPOs
It’s not hard to find reasons why cash is pouring into Hong Kong initial public offerings at a record pace: rock-bottom interest rates, frothy markets, pandemic boredom. ( read original story …)
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