One of China’s biggest real estate agencies plans to close a fifth of its offices in Shenzhen, where transactions for pre-owned homes have dropped dramatically since February when the city became the …
Monthly Archives For September 2021
China to provide Afghanistan with $31 million worth of food, COVID-19 vaccines
The Taliban called China a “good friend” and pledged to “never allow any forces to use the Afghan territory to engage in acts detrimental to China.” …
Major Chinese property developer on the brink of default
Foreign investors are rushing for the exits, threatening to create major turbulence in the $12 trillion Chinese bond market that could spread globally.
Stocks Jump on Japan, China Tech; Treasuries Dip: Markets Wrap
Asian stocks rose Friday as Chinese technology shares rebounded and Japan resumed a rally, bringing some relief from a bout of weakness in global equities this week.Shares climbed more than 1% in …
Next China: Still Open for Business (Really)
The regulatory environment in China seems to be in constant tumult, but Beijing is trying to convince the world its support for private business and foreign investment remains intact.
US Biden and China’s Xi hold first call in seven months
Chinese President Xi Jinping spoke with his US counterpart Joe Biden on Thursday, their first call in seven months. A White House Statement said they had a “broad, strategic discussion in which they …
Update: Chinese mainland reports 17 new imported COVID-19 cases
A customer has her body temperature checked as she enters a restaurant in Zhengzhou, central China’s Henan Province, Aug. 29, 2021. (Xinhua/Li Jianan) BEIJING, Sept. 10 (Xinhua) — The Chinese …
Shenzhen-HK financial cooperation to be advanced
The Hong Kong Special Administrative Region (HKSAR) government will continue to strengthen cooperation with the Shenzhen municipal government on financial services, said a HKSAR government official on …
Biden, in call with China’s Xi Jinping, sets ‘guardrails’ to ensure ‘competition does not veer into conflict’
President Biden spoke with China’s President Xi Jinping by phone Thursday night to set “guardrails and parameters” in the relationship between the U.S. and China and ensure that while the two nations …
Biden calls Xi as US-China relationship grows more fraught
President Joe Biden spoke with China’s Xi Jinping on Thursday amid growing frustration on the American side that high-level engagement between the two leaders’ top advisers has been largely unfruitful …
China reports 17 new COVID-19 cases on Sept 9 vs 28 a day earlier
China reported 17 new COVID-19 cases on the mainland for Sept. 9, down from 28 a day earlier, the national health authority said on Friday. None of the new infections were locally transmitted, the …
China’s crackdown on Big Tech firms isn’t scaring away bond investors
China’s recent bid to crack down on Big Tech sent firms such as Didi, Meituan, New Oriental Education, Pinduoduo and Tencent into a tailspin. Equity market prices plunged and adverse commentary …
Shanghai Man: China declares victory over crypto — Is this the end of the crackdown?
After a tumultuous summer of crackdowns, the Chinese regulators have declared victory in eliminating illegal cryptocurrency trading activities in the country. But in Hong Kong, regulators are …
