Instead of decoupling financially, the US and China now have one of the largest and fastest growing bilateral investment relationships in the world,” said Nicholas Borst at Seafarer Capital Partners, … ( read original story…
Monthly Archives For February 2021
Coronavirus vaccine: Russia moves a step ahead of China with clinical trial data release
Developer publishes results of phase 3 trials in peer-reviewed journal, bolstering credibility of shots, experts say. ( read original story …)
Yum China sees continued pandemic problems
Yum China Holdings Inc. warned the coronavirus would continue to create problems in the first quarter, as consumers avoid travel and officials impose rules to try to fight the spread of Covid-19. ( read original…
Rich Shoppers Stuck in China Fuel an Unlikely Boom in Duty Free
Stores in Shanghai, Beijing, Hainan, and beyond try to woo domestic tourists during the Chinese New Year holiday. ( read original story …)
Chinese cloud communication provider Cloopen Group Holding sets terms for $280 million US IPO
C loopen Group Holding, which provides cloud-based communication services in China, announced terms for its IPO on Wednesday. The Beijing, China-based company plans to raise $280 million by offering … ( read original story …)
China’s Central Bank Is Partnering With SWIFT on a New Joint Venture
The interbank settlement organization SWIFT and subsidiaries of China’s central bank registred a joint-venture with the Chinese government. ( read original story …)
U.S. economic growth could surpass China this year and Democrats may be better off spending stimulus money on something else, Fed’s Bullard says
While President Joe Biden and Congressional Democrats insist the economy needs another $1.9 trillion stimulus package, St. Louis Fed President James … ( read original story …)
China’s Corporate Credit Stress Most Acute in Liaoning, Qinghai
China saw a record number of corporate defaults last year and that trend looks set to continue as policy makers try to tighten credit and pull back on stimulus this year. ( read original story…
IMAX China to Announce Full-Year 2020 Financial Results and Host Conference Call
IMAX China Holding, Inc. (“IMAX China,” HKSE: 1970) today announced it will hold a quarterly conference call to discuss its full-year 2020 financial results on Thursday, March 4, at 7:00 p.m. Eastern … ( read…
Brace for Wild Swings in China’s Data Distorted by Lockdowns
China watchers are in for a wild ride of economic data in the early months of 2021, giving a largely distorted picture of the recovery from coronavirus shutdowns a year ago. ( read original story…
Yum China’s Q4 profit, sales rise, but company warns of ‘headwinds’ with COVID-19 resurgence
Yum China Holdings Inc. stock rise in the extended session Wednesday after the operator of KFC, Pizza Hut and other fast-food brands in China … ( read original story …)
No plans to bar U.S. athletes from 2022 Beijing Winter Olympics after genocide designation -White House
US-OLYMPICS-2022-BEIJING-USA:No plans to bar U.S. athletes from 2022 Beijing Winter Olympics after genocide designation -White House … ( read original story …)
China reserve shows off 10 panda cubs to mark Lunar New Year
Ten panda cubs made their public debut in China’s leading panda reserve Wednesday morning to mark the coming Lunar New Year. One appeared shy and covered its face with … ( read original story …)
