However, Guo Shuqing, head of the China Banking and Insurance Regulatory Commission, told a news conference that he expected lending rates would rise this year in tandem with higher market interest … ( read original…
Monthly Archives For March 2021
Targeting Tesla, China’s Geely to launch new premium EV brand
Geely, the owner of Volvo Cars and 9.7% of Daimler AG, will roll out models under the new marque based on its open-source EV chassis … ( read original story …)
China’s 111 has “no immediate plans” for a HK listing: Executive Chairman
Gang Yu, Executive Chairman of U.S.-listed Chinese telemedicine company 111 says it has no plans for a Hong Kong secondary listing as it focuses on launching its IPO on China’s STAR market. ( read original…
Beijing says there was much confrontation at China-U.S. talks in Alaska
BEIJING — China’s foreign ministry said on Thursday there was a lot of confrontation at the Sino-U.S. talks in Alaska, and that was not what Beijing was aspiring for. Zhao Lijian, a spokesman … (…
Concerns over steel output in China’s Tangshan hit coke, iron ore prices
A notice circulating in China’s steel industry that threatens output cuts between 30% and 50% for pollution defaulters in the top steelmaking city of Tangshan spurred concerns on Friday over demand … ( read original…
China’s service outsourcing market reports strong momentum in first two months
China’s service outsourcing industry reported strong momentum in the first two months of 2021, data from the Ministry of Commerce showed on Thursday. Chinese businesses inked service outsourcing … ( read original story …)
Friday briefing: US and China share no love in cold climate of Alaska
Officials publicly rebuke each other in first major talks under Biden … the best time for a Covid test … the joy of ‘wee trees’ … ( read original story …)
Canadian envoys denied entry for China spying trial
Canadian diplomats say they have been not allowed to attend the trial in China of Michael Spavor, a Canadian businessman accused of espionage. It is the latest in a diplomatic spat between China and ……
China Slams Xiaomi-Backed XW Bank Over Violations
China’s banking regulator lashed at an online lender backed by Xiaomi Corp. over a range of violations, in the latest sign of intensifying scrutiny on the financial operations of the nation’s … ( read original…
China’s banking regulator admonishes Xiaomi-backed online bank XW Bank for charging 30 per cent service fee on consumer loans
China’s banking regulator has issued an admonishment against an internet-only lender backed by Xiaomi for violating the country’s lending rules, as it intensifies its scrutiny of the financial … ( read original story …)
EU countries to restart AstraZeneca use, Biden’s hardline on China, airline lift-off
Share on Whatsapp (opens new window) Europe’s biggest countries are set to resume using the Oxford/AstraZeneca coronavirus vaccine after the EU drugs regulator said the jab was safe, and the US is … ( read…
China exports soar 60% in two months of 20201
China posted a year-on-year growth of 60.6 percent in its exports during the first two months of 2021, the General Administration of Customs (GAC) has said. Exports reached $468.87 billion during the … ( read…
Here are the highlights from the heated exchange between the U.S. and China in Alaska
What was initially meant to be a four-minute photo shoot ended up lasting more than an hour as both sides traded barbs on issues from U.S.-China relations to concerns from Washington’s allies. Talks … (…
