* U.S. retail sales drop in July * U.S. 10-yr Treasury yields edge up * China’s Tencent, Alibaba and Meituan fall on latest rules * Kiwi dollar near three-week low on New Zealand lockdown …
Monthly Archives For August 2021
China suspends two flights over COVID-19 cases
China’s civil aviation regulator has announced the suspension of a Philippine Airlines flight and a Cambodia Airways flight after passengers tested positive for COVID-19.
People’s Bank of China to ‘clean up’ crypto trading in Shenzhen
The Shenzhen subsidiary of the People’s Bank of China said it intends to “promptly clean up and rectify” 11 companies for providing illicit crypto trading activities.
China Sends Warplanes Near Taiwan During Suspected Weapons Tests Around Island
People’s Liberation Army spokesperson said warplanes and warships were deployed around southern Taiwan for a combined arms exercise on Tuesday.
Beijing officials to host first seminar for Hong Kong lawmakers at Legislative Council, brief on 14th five-year plan
Beijing officials will host their first seminar at Hong Kong’s Legislative Council next Monday when they brief city lawmakers on the country’s 14th five-year plan, sources have said. The delegation, …
China targets internet giants with new competition rules, putting pressure on tech shares
The proposed regulations would limit the way companies can attract consumers and are allowed to analyze user and competitor data.
China’s steel exports to Australia drop 50% in blow to local economy
A worker rushes to finish orders for special steel products at a factory of China Baowu Steel Group’s specialty steel subsidiary in Maanshan, East China’s Anhui Province. Photo: cnsphoto China’s steel …
China’s Chongqing posts foreign trade growth in Jan.-July
China-Europe freight train leaves the Tuanjie Village Station of southwest China’s Chongqing Municipality, March 19, 2021. (Xinhua/Tang Yi) CHONGQING, Aug. 17 (Xinhua) — The foreign trade of …
Shanghai Special: Crypto crackdown fallout and what happens next
A look at the recent cryptocurrency regulations in China, how past regulatory decisions have led us here, and what the crypto and blockchain investors can expect in the future.
How China’s crypto crackdown disrupted Bitcoin mining
With the shutdown of Chinese mining operations, players still plugged into the network saw a rare window to get richer …
HSBC to pull together $2bn IPO for China’s biggest AI firm SenseTime
HSBC is working with China’s largest artificial intelligence group SenseTime to form a Hong Kong listing, according to reports.
Chinese ports choke over ‘zero tolerance’ COVID-19 policy
Several Chinese ports are facing congestion as vessels due to call at Ningbo are bing diverted and cargo processing is slowed partly due to stricter disinfection measures under China’s “zero-tolerance …
China must aim to curb Covid-19 before school term, health minister says
Schools and universities will start in September as scheduled, Ma Xiaowei says36 of the 48 cities where there has been an outbreak had not reported a case in more than six days as of Saturday,…
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