China’s crackdown on shadow banking is taking aim at more than $1 trillion of opaque investments sold by banks as low risk and high yield, even while funds were channeled to riskier borrowers such as…
Monthly Archives For June 2021
Foreign and domestic funds may be ‘lured away’ from China as U.S. economy recovers, says economist
Daokui Li of Tsinghua University, a former advisor to the People’s Bank of China, warns of capital flight from China and other parts of the world, as the relatively quick economic recovery in the U.S.
The G-7 wants to mobilize new global financing as an alternative to China’s multilateral push
Critics of China’s global infrastructure ventures underscore the dangers of “debt trap diplomacy” and accuse Beijing of using multilateral development banks to its advantage. But is China actually …
China’s ‘Uber For Trucks’ Startup Proposes To Raise About $1.6B In US IPO: WSJ
Chinese truck startup, Full Truck Alliance Co or Manbang Group aims to raise to $1.57 billion from its U.S. initial public offering (IPO), the Wall …
China Industrial Output, Retail Sales Growth Eases More Than Expected
Growth in China’s industrial production and retail sales eased more-than-expected in May, official data revealed Wednesday.
U.S. Talking to China on Boeing Max Approval, Raimondo Says
The Biden administration is engaging with China in an effort to win approval for Boeing Co.’s 737 Max planes, which remain banned in the country even as other jurisdictions have reauthorized it …
China Says Radiation Has Not Escaped Taishan Nuclear Plant: ‘There Is No Leak’
In a point-by-point rebuttal published online on Wednesday, China’s Environment Ministry said CNN’s reporting had an “erroneous concept” of nuclear safety.
China says fuel rods damaged at nuclear plant near Hong Kong, but no radiation leak
The Chinese government says that a nuclear power plant near Hong Kong had five broken fuel rods in a reactor but that no radioactivity leaked.
China to crack down on online fanclubs over bullying concerns
Operation launches to target fanclub culture that ‘adversely affects mental health of minors’, says watchdog …
China’s property investment up 18.3 pct in Jan.-May
China’s investment in property development rose 18.3 percent year on year in the first five months of this year, data from the National Bureau of Statistics showed Wednesday. ■ …
China’s May property investment growth slows as curbs bite
China’s real estate investment rose in May at its weakest clip this year as policy tightening on developers’ financing and mortgages …
TABLE-Breakdown of China’s Jan-May property investment
Following is a breakdown of China’s real estate investment for the year to May, published by the National Bureau of Statistics on Wednesday. Actual investment in the sector (bln yuan, pct change y/y): …
Digital technology brings new changes to China’s film production
Virtual production has reshaped China’s film-making, especially since the breakout of the COVID-19, speakers said at a forum during the ongoing Shanghai International Film Festival (SIFF). “Because of …
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