China’s banking and insurance regulator said on Thursday that it will guide insurers to increase investment in natural disaster insurance and enrich product offerings. It also plans to raise public …
Monthly Archives For July 2021
Chinese stocks have long been the darlings of Wall Street. But they’re built on a financial house of cards.
Chinese companies listed on US markets are using two loopholes — one in Beijing and one in Washington — to evade oversight both at home and abroad.
Is China going to fry the global climate?
As Matthew Klein and Michael Pettis write in their book Trade Wars Are Class Wars, the Chinese economy is heavily based on exports in part because it is hideously unequal, and therefore its workers do…
IOC sponsors facing heat over Beijing Olympics, human rights
Faced with criticism over human rights issues tied to next year’s Beijing Winter Olympics, the IOC said Wednesday that its only responsibility was to “deliver the Games.” International Olympic …
Beijing calls for calm after historic tech stock rout
Chinese state media is urging investors to stay calm following a brutal stock market sell-off this week that has wiped out hundreds of billions of dollars in value.
US legislators press companies to drop support for Beijing Olympics
Members of a congressional panel urged US corporations including Coca-Cola and Visa to pull their sponsorship of the 2022 Winter Olympics unless the games are moved out of Beijing.
China’s Regulatory Crackdown a Drag on HK’s IPO Pipeline – Bankers
Hong Kong’s buzzing IPO pipeline is likely to taper off in the second half of 2021, as Chinese firms temper their expectations for valuations amid a drastic regulatory crackdown in the mainland, …
Jiayi pulls HK IPO over China’s new education policy
Mainland-based Jiayi Education Holdings, an after-school tutoring company, has dropped its Hong Kong listing plan following news of a radical change to China’s education sector.
China pledges support for small business, but some SMEs see ‘doom and gloom’ amid regulatory crackdown
Chinese Vice-Premier Liu He has promised to ‘keep the temperature right’ for small businesses, but Beijing’s recent crackdown on off-campus tutoring has some entrepreneurs worried.
China to increase investment, product offerings in natural disasters insurance – statement
China’s banking and insurance regulator said on Thursday that it will guide insurers to increase investment in natural disaster insurance and enrich product offerings. It also plans to raise public …
China’s Escalating Property Curbs Point to Xi’s New Priority
After a years-long campaign to tame property prices, China is upping the ante to break a stubborn cycle of gains that’s made homes increasingly unaffordable.In recent days, China jacked up mortgage …
China’s recent crackdown’s effects on Bitcoin
Bitcoin, the largest cryptocurrency by market capitalization and the world’s most popular crypto, has fallen from its all-time highs to below $30,000 for …
Ant-backed Chinese bike-sharing start-up Hello scraps plans for US IPO
It has become one of the first big casualties of Beijing’s crackdown on overseas listings.. Read more at straitstimes.com.
