Frederic Neumann of HSBC says although China’s export rates are currently “sizzling,” a shift in consumer spending patterns in the second half of the year will reduce export pressures in Asia.
Monthly Archives For June 2021
China bubble tea firm debuts after $650 mn IPO caps labour of love
Chinese bubble tea chain Nayuki edged down on its Hong Kong market debut Wednesday after raising more than US$650 million in an IPO that marked the culmination of a literal labour of love for the…
China’s Didi raises US$4.4 billion in upsized US IPO – sources
Chinese ride hailing company Didi Global Inc raised US$4.4 billion in its U.S IPO on Tuesday, pricing it at the top of its indicated range and …
China’s online grocery market remains a multi-horse race
Chinese online grocery app Dingdong has decided to reduce the size of its planned IPO in New York on the eve of listing. This comes after shares of its competitor MissFresh, the first China stock…
Chinese mainland reports 9 new COVID-19 cases, all imported
A resident receives COVID-19 vaccine in Shenyang, northeast China’s Liaoning Province, June 20, 2021. (Xinhua/Yang Qing) BEIJING, June 30 (Xinhua) — The Chinese mainland on Tuesday reported nine …
One year after Hong Kong’s national security law, residents feel Beijing’s tightening grip
It was approaching midnight on June 30, 2020, when news broke that Beijing had promulgated a national security law in Hong Kong, effective immediately.
Berkshire’s Munger says will like to have China’s financial structure in U.S. – CNBC
Berkshire Hathaway Inc’s (BRKa.N) vice chairman Charlie Munger said he would not want all of the Chinese systems, but would like to have the financial part of it in the United States, according to a…
AUD/USD drops back towards 0.7500 on mixed China PMI data, coronavirus pessimism
AUD/USD consolidates losses from weekly low, snaps two-day downtrend. China NBS Manufacturing PMI, Non-Manufacturing PMI crossed market forecasts but remain below previous readouts. Risk appetite …
At 100, China’s Communist Party looks to cement its future
For China’s Communist Party, celebrating its 100th birthday on Thursday is not just about glorifying its past BEIJING — For China’s Communist Party, celebrating its 100th birthday on Thursday In the …
Rising China bond yields prompt fears over coming surge in defaults
Rising investor concerns over shaky finances in China’s most economically fragile provinces have prompted a sell-off in state-run groups’ bonds, as analysts warn of a surge in defaults in the …
China’s factory activity expands at a slightly slower pace in June – official PMI
China’s factory activity expanded at a slightly slower pace in June, as high raw material costs and port disruptions in the export province of Guangdong affected business activity.
Exports to China: Raw inputs dominate supplies, limit growth prospects
In fact, the share of raw inputs in China’s purchases from India rose at a brisk pace last fiscal, at the cost of more value-added consumer or capital goods, according to an FE analysis.
Universities ignore Beijing’s threats to Chinese students
Beijing’s increasingly bold attempts to shape global perceptions means Chinese students and staff on university campuses are frequently targeted, harassed and intimidated, a report finds.