Kenya Investment Authority (KenInvest) and China Council for the Promotion of International Trade (CCPIT) Shenzhen Municipal Committee partnered to showcase China’s booming coastal city of Shenzhen …
Monthly Archives For July 2021
Top China Fund Manager Bets on Tech as Beijing Tightens Grip
One of China’s largest mutual fund companies is betting on the nation’s internet giants, just as a clampdown by Beijing sends shockwaves through the sector.
China likely to keep lending benchmark LPR steady in July, outlook divided
China will likely keep its benchmark lending rate unchanged at its July fixing on Tuesday, a small majority of respondents to a Reuters survey believe, but there are growing expectations for a cut …
China Trade Data: H1 2021 Shows Stronger Than Expected Results
We look at China’s trade data for H1 2021, trade performance with prominent partners, and ask if the trade surge is sustainable through to the end of 2021.
China’s shoppers now hot for EVs
The shift could be an indicator of what lies ahead for other world markets, especially the U.S., where critics are quick to point out that EVs still represent a tiny share of retail sales. But…
China frictions steer electric automakers away from rare earth magnets
As tensions mount between China and the United States, automakers in the West are trying to reduce their reliance on a key driver of the electric vehicle revolution – permanent magnets, sometimes …
Hundreds of innovative vehicles on display at Shenzhen expo
Hundreds of innovative new vehicles from home and abroad are on show. Nearly 50 new vehicle launching ceremonies have been held at the auto show, the first of its kind in post-pandemic era in Shenzhen…
China’s already spending billions on overseas investments. Does it need to fund security, too?
The death of nine Chinese workers in a bus explosion in Pakistan has underscored the security risks attached to China’s overseas projects, as anti-China sentiment simmers in countries where official …
Top executive of property giant China Evergrande appears in Hong Kong court charged with attempted rape
Chen Fen, a senior executive of China Evergrande, is accused of trying to assault a woman at Happy Valley flat. Alleged offence followed a hotpot dinner – found to be in breach of Covid-19 rules.
Evergrande Shares, Bonds Slump After Unit’s Bank Deposit Frozen
China Evergrande Group’s shares and dollar bonds slumped after a court ordered the freezing of a bank deposit held by its onshore division, raising concern over the company’s ability to repay …
China loan rate in spotlight as investors seek clues on health of world’s second-largest economy
China’s loan prime rate (LPR), which currently stands at 3.85 per cent, could be lowered for the first time since early last year on Tuesday.
China Loan Rate In Focus as Traders Watch for Easing Clues
China’s benchmark loan rate will be in the spotlight on Tuesday, with market participants divided over the need for more easing to support growth.The loan prime rate could be lowered for the first …
China’s exports to North Korea rebound in June
China’s exports to North Korea rose again last month, after bilateral trade data for May doused hopes among traders that more than a year of …
