New bank lending in China accelerated in September from the previous month but fell short of expectations, as the central bank tries to bolster the flagging economic recovery even as it keeps an eye …
Monthly Archives For October 2021
L’Oreal Group to debut more of its brands at CIIE
Five brands owned by L’Oreal Group will debut at the fourth China International Import Expo, which will be held in Shanghai from Nov 5 to 10, according to the company’s China CEO Fabrice Megarbane.
Wumart Owner Shelves $1 Billion Hong Kong IPO Plan
WM Tech Corp., controlled by founder and chairman Zhang Wenzhong, has shelved its Hong Kong initial public offering after letting the application lapse, according to people familiar with the situation …
IPO watch: ByteDance backed Manner Coffee mulls Hong Kong listing
The Chinese firm, which started up in 2015 as a roadside coffee stall, has been in talks with investment banks to explore its floatation.
Beijing: Taiwan Missions To Protect Sovereignty
China’s recent increase in military exercises and warplane missions near Taiwan — which have raised concerns around the region — were necessary to defend the nation’s sovereignty and territory, a …
China says power cuts won’t hit homes in winter, amid crunch
China’s planning agency on Wednesday said electricity supplies will be high enough to heat homes in the country’s north during the winter, amid a nationwide energy crunch that has seen power cuts in …
China coal and natural gas imports surge as energy crisis bites
Chinese imports of coal and natural gas increased sharply in September, as Beijing raced to deal with a spiralling energy crisis that threatens economic growth. China imported 32.9m tonnes of coal in …
China says will secure energy supplies while meeting climate targets
China will secure domestic energy supplies this winter while ensuring its climate change targets are met, a state planning official said on Wednesday.
Binance to halt Chinese yuan-crypto trading and restrict mainland China customers to withdrawals only
Users in mainland China will be allowed to only make withdrawals, redeem, or close positions, Binance said on Wednesday.
Binance to End Crypto Trading in China’s Yuan
The exchange had earlier blocked new sign-ups from mainland China after the country’s central bank declared cryptocurrency transactions illegal.
Binance to Stop OTC Trading of the Chinese Yuan following Crypto Ban
Binance, the largest cryptocurrency exchange platform, has announced the halt of over-the-counter trading of the yuan for Chinese citizens.
China Denies WHO’s Request To Inspect Bat Caves, Animal Farms For COVID-19 Probe: Report
As China remains in the centre of the COVID-19 origin probe, Beijing drew more scrutiny for rejecting WHO’s request to inspect bat caves and animal farms.
Beijing accuses Taiwanese President Tsai Ing-wen of demanding equal ‘state-to-state’ treatment
Beijing says her comments that Taiwan should not be ‘subordinate’ to the mainland had revived the doctrine first adopted by Taipei in 1999.
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