These are residents who have recently acquired permanent residency in Hong Kong. Their property purchases are helping to offset a slowdown in home prices caused by increased emigration. Both the …
Monthly Archives For April 2021
China Huarong Cut by Fitch on Doubts Over Beijing Support
China Huarong Asset Management Co. had its credit rating cut to the lowest investment grade by Fitch Ratings, which said further downgrades are possible if Chinese authorities continue to withhold …
China Huarong Downgraded by Fitch on Doubts Over Beijing Support
China Huarong Asset Management Co. had its credit rating cut to the lowest investment grade by Fitch Ratings, which said further downgrades are possible if Chinese authorities continue to withhold …
China’s small-and-medium enterprise sector has been fragile: Partners Financial
Ronald Wan of Partners Financial Holdings says although China’s market is on the right direction, investors should still watch its SME sector which sees “sluggish” growth and potential liquidity …
China reports 11 new mainland COVID-19 cases vs 11 a day earlier
China reported 11 new mainland COVID-19 cases on April 26, matching the tally from a day earlier, the country’s national health authority said on Tuesday. The National Health Commission, in a …
The Rise of the People’s Bank of China
The People’s Bank of China surpasses the Federal Reserve as the world’s biggest central bank. In the first comprehensive account of the evolution of …
China’s imports and exports in the first quarter increased by 38.3% from the same period in 2020
From January to March, China total import and export trade value was US$1,302.9 billion,a year-on-year increase of 38.3%.The total export trade value was US$710.0 billion,a year-on-year increase of 48 …
Trade minister dodges questions on whether Canada has curbed suspected forced-labour imports from China
OTTAWA — Canada’s international trade minister on Monday would not provide details about whether the federal government has barred the flow of imported goods from China suspected of using forced …
Tesla’s publicity nightmare in China comes at crucial juncture
Beijing’s targeting of Tesla for the electric vehicle maker’s bungled handling of a high-profile customer protest has exposed a weakness in the US group’s China business as competition intensifies in …
Weekend driving in U.S., China pave way for gasoline market recovery
Motorists taking weekend trips have helped boost gasoline demand in the United States, China and the United Kingdom, but the recovery has been crimped by rising coronavirus infection rates elsewhere, …
In China, Wages Paid In Digital Fiat May Boost Use Cases
To that end, Yahoo Finance reported Monday (April 26), some of largest tech players in China are helping give the digital yuan … can help keep other crypto options, for lack of a better term,…
Biden’s new stimulus plan is all about infrastructure, and China has lessons to share
Analysts say US President Joe Biden’s plan should prioritise infrastructure projects that support overall economic development, and the creation of new jobs should be a by-product of such projects, …
How China opened for business
China’s financial and capital markets. The next 12 months could be just as busy, as regulators rush to approve a host of licences lodged by global financial institutions.
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