China will remove credit rating requirements for issuance of debt financing tools by non-financial firms in a pilot scheme, the central bank said on Wednesday.The move aims to further enhance the auto …
Monthly Archives For August 2021
China Faces Contrarian Calls for a Surprise Interest Rate Cut
China’s central bank is facing mounting calls to cut interest rates as fresh coronavirus outbreaks threaten to upend the recovery in the world’s second-largest economy.
Why China Keeps Spinning COVID-19 Conspiracies
A fake expert is the latest part of a state media push to blame the United States for the pandemic—at great diplomatic cost.
Wakaso and Acheampong power Shenzhen to Chinese Super league play-offs
Ghanaian international players, Frank Opoku Acheampong and Mubarak Wakaso have ensured Shenzhen FC’s qualification to the Chinese Super League title playoffs even before the final game of the first …
With Better Crypto Mining Plays Out There, Why Bother With SOS Stock?
There’s still so little we understand about SOS stock. Given its many risks, regulatory pressure and lack of firm information, avoid it.
Report: China nixes U.S. IPO plans by Fremont autonomous EV startup Pony-ai
The company was founded in Fremont where its CEO and CTO are based. But it has significant operations in China where it launched commuter pilots and signed partnerships with Chinese state-owned auto …
China Tower boosted in H1 by accelerated 5G deployment
As of the end of June 2021, China Tower said it was managing a total of 2.03 million tower sites across China as 5G deployment surges.
China’s COVID-19 outbreak hitting services sector, travel, hospitality
BEIJING: China’s tighter social restrictions to fight its latest COVID-19 outbreak – now in its fourth week and involving more than a dozen cities – are hitting the services sector, especially travel …
Exclusive-China’s tech crackdown thwarts Pony.ai’s U.S. listing plans -sources
Autonomous driving startup Pony.ai has put on hold plans to go public in New York through a merger with a blank-check firm at a $12 billion valuation, after it failed to gain assurances from Beijing…
Hong Kong’s stock exchange has a record number of pending IPOs despite China’s crackdown, says new CEO
A record number of companies have applied for IPO listings with Ltd., the exchange’s CEO told Bloomberg in a Wednesday interview. About 200 companies have filed for listings even as China carries out …
CSL Roundup: Shenzhen beats Chongqing, Guangzhou crushes Qingdao
Shenzhen FC edged Chongqing Liangjiang Athletic 2-1, while Ai Kesen notched three goals to help Guangzhou FC thrash Qingdao FC 5-0 in the 14th round of the Chinese Super League (CSL) here on Wednesday …
TikTok owner set to sidestep Beijing crackdown on its way to riches
China’s dominant internet companies have had their wings clipped in brutal fashion. Beijing has been bearing down on the likes of Albaba and Tencent in a populi …
China bans karaoke songs out of tune with communist ideology
China is set to ban karaoke songs that contain “illegal content” and will draw up a list of blacklisted songs in the latest crackdown on culture by the Communis …
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