China’s strategic emphasis on low-carbon energy has captured the attention of U.S. analysts, prompting some to call for a commensurate focus stateside. But while China has indeed invested heavily in …
Monthly Archives For October 2021
Xi Eyes Innovation, Oversight to Grow China’s Digital Economy
Chinese President Xi Jinping pledged to support development of key technologies while strengthening regulation of the country’s tech giants as part of his strategy to expand the digital economy.Most …
Jack Ma’s Terrible Year Ends With Ant Group IPO Stuck in Limbo
A year later, with the registration for Ant’s $35 billion IPO set to officially expire Wednesday, the optimism from that gathering has faded away. Bankers say they’ve stopped …
Alibaba expands cloud business abroad with new data centers in Asia, stepping up rivalry with Amazon
Alibaba’s cloud computing expansion has focused on Asia, pitting it against U.S. rivals like Amazon and Microsoft.
Marked slowdown in China’s growth rate
The lowered growth rate is attributable to a series of problems including the surge in global inflation, power shortages, clampdowns imposed to eliminate COVID-19 outbreaks and a slowing property …
China asks power grid firms to maximise purchases from renewable projects
China’s energy administration has urged power grid firms to maximise the purchase of electricity from renewable projects, to help ease power outages in the country.
DWS APAC Chief Investment Officer Sean Taylor on China’s Equity Underperformance
Sean Taylor, APAC CIO and Head of Emerging Market Equities at DWS, discusses why he’s underweight on China equities. He speaks with Yvonne Man on “Bloomberg.” (Source: Bloomberg) …
NW China’s Lanzhou closes all tourist attractions, discourages people from leaving as 6 more COVID-19 cases were reported
Lanzhou in Northwest China’s Gansu Province has requested residents not to leave the city if unnecessary, closed all tourist attractions and suspended operation of relatively closed spaces including …
Beijing lights flame, to be first city to host summer, winter games
China lit its Olympic flame in Beijing on Wednesday after the ceremonial torch arrived from Athens, ahead of the Chinese capital’s hosting of the 2022 Winter Games in February.
China’s Evergrande crisis: clock ticking as crucial debt deadline looms
A default by the property giant could have far-reaching consequences for China and the global economy …
China presses McDonald’s to expand e-currency system before Olympics
China has told McDonald’s to expand a digital renminbi payments system at restaurants across the country before the Beijing Winter Olympics, as the country prepares to launch the world’s first major e …
China coal futures drop on threat of state intervention in energy crisis
Chinese coal prices tumbled on fears of government intervention in the strained energy sector, as Beijing seeks to rein in electricity costs and stem a crisis that has hobbled the country’s economic …
China’s Falling Home Prices Put Further Strain on Economy
China’s home prices fell for the first time in six years in September, the latest sign that a deepening property slump is slowing the world’s second-largest economy. Most Read from BloombergGoogle’s …
