Drama around the future of one of China’s biggest bad-debt managers is highlighting the urgent need for the country to simplify oversight of its financial system.As investors looked for clarity over a …
Monthly Archives For April 2021
How China helped push corn futures to a nearly 8-year high
Corn prices hit an 8-year high Tuesday, part of a broad rally for agricultural commodities that’s stoking inflation fears. There are several drivers behind the move for maize, including strong demand …
China’s Covid recovery saw green bond issuance rebound in second half of 2020
The $18bn worth of sustainable finance instruments floated in the nation last year marked a retreat from previous highs but, with most of the bonds issued from July onwards, the recovery is under way, …
A ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.
In China’s start-up world, the rich are getting richer as investors and companies clamor for a piece of the hot U.S. IPO market — before it loses steam.
China reports 12 new COVID-19 cases vs 11 a day earlier
China reported 12 new COVID-19 cases in the mainland on April 27, up from 11 cases a day earlier, the country’s national health authority said on Wednesday. The National Health Commission, in a …
U.S. Popularity Plummets in China, Spikes in Europe After Joe Biden Inauguration: Poll
A new poll shows that China was the only country that recorded a significant drop in favorable views of the U.S. since President Joe Biden took office in January.
Nigeria now our biggest market –Crypto trading platform
Paxful, a global peer-to-peer fintech, has said Nigeria is now its biggest market with a volume of $1.5bn. It disclosed this on Tuesday in a statement, titled ‘Nigeria emerges as Paxful’s biggest …
Dominic Raab’s claim of 95% aid cut to China doesn’t add up, watchdog says
A watchdog has cast doubt on the government’s claim to be cutting aid to China by 95 per cent, pointing out that only a fraction of the budget is being reduced.Dominic Raab, the foreign secretary,…
Huarong Mess Shows China’s Need for U.S.-Style Financial Reform
Drama around the future of one of China’s biggest bad-debt managers is highlighting the urgent need for the country to simplify oversight of its financial system.
Beijing acts to combat foreign spying in companies
BEIJING • China’s top spy agency has announced measures to fight infiltration by “hostile forces” in companies and other institutions, the state media said, in the latest sign of businesses getting …
China set to report first population decline in five decades
China is set to report its first population decline since the famine that accompanied the Great Leap Forward, Mao Zedong’s disastrous economic policy in the late 1950s that caused the deaths of tens …
China Probes State Officials Over Ant’s Public Offering Approval Process
Beijing is launching an intensifying crackdown over how tech billionaire Jack Ma originally won approval for an initial public offering (IPO) in China.
China reportedly set to announce its first decline in population since 1949
Financial Times says latest census figures are expected to show nation’s population slipping to less than 1.4 billion.