Japanese automakers Honda Motor (7267.T) and Nissan Motor (7201.T) saw their sales in China tumble in June as overall sales in the world’s biggest car market decline.
Monthly Archives For July 2021
Asia shares volatile as China tech worries remain
Asian share markets were volatile on Tuesday, after Australia’s central bank flagged some tapering in its quantitative easing programme and concerns over the future of China’s powerful technology …
China asked ride-hailing service Didi to delay IPO: report
Chinese regulators urged ride-hailing giant Didi Chuxin to delay its $4.4 billion New York IPO to examine security concerns, advice the company did not heed, according to a report.
Government deplores export of oil jobs to China by multinationals
The Nigerian Content Development and Monitoring Board (NCDMB), yesterday, raised concern over the export of oil and gas projects to China.
China yet to deliver promised billions despite Duterte’s pivot
Courtesy of DPWHNear the center of Manila, construction workers are now rushing to complete a $69-million China-funded bridge by the end of this year after repeatedly missing deadlines. The …
Thailand leaked memo raises concerns over China’s Sinovac Covid-19 vaccine’s efficacy
A leaked health ministry document has prompted calls in Thailand for medical staff inoculated against Covid-19 to be given a booster of an mRNA vaccine, after it included a comment that such a move …
China to co-produce Covid-19 vaccines in Bangladesh
Chinese vaccine Research and Development (RD) companies are working with Bangladeshi partners for future vaccine co-producing in Bangladesh. This was stated by Deputy Chief of Mission at the Chinese …
Fitch Rates Beijing Capital Development Holding’s Proposed USD Notes ‘BBB’
Fitch Ratings has assigned Beijing Capital Development Holding (Group) Co., Ltd.’s (BCDH, BBB/Stable) proposed US-dollar senior unsecured notes a rating of ‘BBB’. The proceeds will be used to …
Beijing extends probe into US-listed firms after Didi hit
China yesterday announced probes into two more US-listed Chinese companies, a day after banning ride-hailing giant Didi Chuxing from app stores in the wake of its huge US initial public offering (IPO) …
China’s Shenzhen clears all COVID-19 risk areas
SHENZHEN, July 6 (Xinhua) — Shenzhen in south China’s Guangdong Province on Tuesday downgraded its last area classified as medium-risk for COVID-19, as a recent resurgence in new infections has …
Didi Shows China’s Tech Giants Must First Answer to Beijing
To the world’s investors, the saga over Didi Global Inc. has made China’s biggest tech firms a riskier bet as President Xi Jinping seeks to control one of the country’s most valuable resources: Big …
Foreigners Go Deeper Into China With Record Binge on Local Debt
Foreign funds went deeper into the Chinese bond market in June, making their biggest ever purchases of municipal debt.
China watches Afghanistan anxiously as the US withdraws
It is not without reason that Afghanistan is known as the “graveyard of empires”. The ancient Greeks, the Mongols, the Mughals, the British, the Soviet Union and most recently the US have all launched …
