BEIJING (Reuters) – Stimulus measures implemented by the Federal Reserve’s over the past year and future policy changes that the U.S. central bank has signalled will have limited impact on China’s …
Monthly Archives For April 2021
Sperm bank in China has become so desperate for quality donors it has issued a social media call-out offering cash
A sperm bank in China is so desperate for donors it has taken to social media to call for volunteers to fill a shortage in donors and is offering lucrative cash payments for quality men.…
Bank of China’s credit asset quality manageable
BEIJING: Bank of China Ltd, a large state-owned commercial lender, estimates that its overall credit asset quality will remain controllable this year, as China has become the first major economy to …
China administered total of 119.82 mln doses of COVID-19 vaccines as of March 31
BEIJING, April 1 (Reuters) – China carried out about 5.1 million vaccinations against COVID-19 on March 31, bringing the total number administered to 119.82 million, according to data released by the …
Asian shares mixed on China rebound, pandemic worries
Asian shares were mixed Wednesday as pointed to Japan’s benchmark Nikkei 225 dipped 0.8% in morning trading to 29,200.21. Australia’s S&P/ASX 200 added 1.5% to 6,841.60. South Korea’s Kospi was little …
US-China tensions could drive more firms to diversify supply chains to Southeast Asia, think tank says
Southeast Asia could see a rush of multinational firms looking to diversify their supply chains from China following the Covid-19 pandemic and heightened geopolitical tensions, says a new report.
China leads global green-bond sales boom but faces headwinds
SHANGHAI (Reuters) – China overtook the United States to lead a boom in global green- bond issuance in the first quarter, but analysts said it needs to do more to draw investors to help fund…
China manoeuvres near Taiwan fuel concerns of potential attack
China has stepped up its military posturing around Taiwan over the past week, a trend that is set to fuel growing concerns that Beijing might move closer to attacking the island. Taiwan and Japan on…
China Approves Merger of Chemical Giants, Creating $150 Billion Company
The move paves the way for another supersize state-run enterprise that Beijing hopes will become a dominant global player.
China’s yuan dips as Biden infrastructure plan lifts dollar
The weaker yuan came even after the People’s Bank of China broke a six-day streak of weaker daily fixings for the currency’s midpoint, setting it at 6.5584 per dollar from the previous fix of 6.5713.
US labels China ‘world’s leading offender’ in creating industrial overcapacity as USTR Katherine Tai lays out hardline approach
National Trade Estimate Report from the Office of the United States Trade Representative vowed to continue battling what it sees as significant trade barriers that are harming American companies and …
Global Firms Are Buying Into the Hong Kong IPO Boom, but Caution Is Key
He’s the first lateral corporate partner to join Davis Polk’s China offices in a decade. A shift is taking place in the market. The Hong Kong IPO space, where global firms have spent the past…
Shenzhen to increase new-energy vehicle ownership
SHENZHEN, April 1 (Xinhua) — China’s southern tech hub Shenzhen plans to increase its ownership of new-energy vehicles (NEVs) to 1 million units by 2025. The development and reform commission of the …
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