Asian shares have logged further gains as investors bet on eventual approval of a relatively big version of President Joe Biden’s pandemic relief bill … ( read original story …)
Monthly Archives For February 2021
China’s tech hub Shenzhen takes steps to boost supply of rental properties
The city of Shenzhen has issued draft guidelines to aimed at increasing the supply of rental properties in China’s high tech hub. Adds Beijing’s new rules on home leasing firms BEIJING, Feb 2 (Reuters ……
US-China tech war: China stockpiles chips and chip-making machines to resist US
China is taking decisive steps to protect itself from a widening US technology ban, with imports of computer chips and the machines that make them surging last year. Chinese businesses bought almost … ( read…
China Drains Funds From Banking System as Cash Crunch Eases
China drained funds from the financial system after a key cost of short-term borrowing tumbled from its highest level since 2015, showing officials remain wary of excess liquidity. ( read original story …)
Vogue China Founding Editor Angelica Cheung Joins Sequoia Capital
In her new role, she will focus on the fashion, lifestyle, entertainment consumer sector, supporting a new generation of Chinese creatives and international brands seeking growth in China. ( read original story …)
Rights groups call for boycott of Beijing 2022 Winter Games
A coalition of 180 rights group on Wednesday called for a boycott of next year’s Beijing Winter Olympics tied to reported human rights abuses against ethnic minorities … ( read original story …)
WHO-led COVID-19 probe team in China visits Wuhan virus lab
A team of investigators working on behalf of the World Health Organization visited on Wednesday a major virus research laboratory in China’s central city of Wuhan, seeking clues to the origins of the … (…
More than half of investors plan to buy commercial real estate in 2021
As high as 57 percent of investors from home and abroad plan to increase their purchases of commercial real estate in China in 2021, the highest rate since 2016, according to the China Investor ……
Ant crackdown heightens power of China’s top banking regulator
China’s crackdown on Jack Ma’s Ant Group has amplified the power of , China’s top banking regulator, who has led the charge against the financial technology group … ( read original story …)
China Central Bank Withdraws $12 Billion from Banking System
China drained funds from the financial system on Wednesday, a sign that officials remain wary of excess liquidity. ( read original story …)
China’s services sector grows at slowest pace in nine months – Caixin PMI
China’s services sector activity grew at its slowest pace in nine months in January, a private sector survey showed on Wednesday, as a flare-up in coronavirus outbreaks weighed on businesses in the … ( read…
Nuclear war with China or Russia a ‘real possibility,’ STRATCOM commander warns
The head of U.S. Strategic Command is calling for reimagining methods of deterring aggressive action from rivals such as China and Russia, including the “real possibility” of nuclear war. ( read original story …)
Biden administration indicates in no hurry to engage China
The Biden administration indicated on Tuesday it is in no hurry to engage with China, a strategic rival it has vowed to out-compete, and said it and would do so once it was in “lockstep”…
