China real estate developer Fantasia Holdings credit rating was lowered to default by Fitch on Tuesday evening. (See announcement here.) Fantasia Holdings said late Monday it hadn’t repaid $206 …
Monthly Archives For October 2021
China’s Banking Sector Expected to See 10% Profit Growth in H2, Report Says
Since the third quarter of the year, commercial banks continued to improve their balance sheets and focused on the transition from expanding scale to enhancing quality, with operating performance …
Global tax rules ‘within reach’ but ‘it’s now or never’ ahead of key OECD meeting, French finance minister says
Members of the Organisation for Economic Co-operation and Development (OECD) will meet on Friday to discuss new global rules to share tax revenues.
Laos hopes freight trains to boost crop exports to China
The Lao Ministry of Agriculture and Forestry is advising agriculture authorities to improve the quality and yields of nine crops so they can be sold to China after the government signed a cooperation …
China administered total of more than 2.215 bln doses of COVID-19 vaccines as of Oct. 5
China administered about 864,000 doses of COVID-19 vaccines on Tuesday, bringing the total number of doses administered so far up to more than 2.215 billion, data from the National Health Commission …
China falls from top spot in Nikkei COVID recovery ranking
China slipped from first to ninth in the latest edition of Nikkei’s COVID-19 Recovery Index, as the world’s second-largest economy’s zero-tolerance approach to tackling the pandemic slows the return …
Why is China increasing its military pressure on Taiwan?
As China ramps up its display of power, Taiwan’s leaders vow to do ‘whatever it takes’ to defend its independence …
Ericsson, Nokia Miss China Mobile 5G Tender worth $1.16 Bn
China Mobile awarded a network contract worth CNY7.5 billion ($1.16 billion) to Huawei and ZTE, with Ericsson and Nokia left out.
China purchases of PCR tests spiked months before Covid-19 pandemic declared: report
Purchases of PCR tests in The Chinese province of Hubei where the Covid-19 pandemic originated showed a large spike in the months leading up to official declaration of the disease claimed a …
Chinese spending on PCR tests rocketed months before coronavirus reported,
Australian internet security researchers have claimed that Covid-19 was ‘spreading virulently in Wuhan’ by mid-2019, adding fuel to growing claims …
New rail link to Shenzhen proposed
Chief Executive Carrie Lam on Wednesday proposed building a new cross-border rail to Shenzhen in her policy address and extending the Northern Link …
What is the ‘One China’ policy?
Chinese diplomats have informed officials from the Group of 20 nations that President Xi Jinping does not currently plan to attend a summit in Italy this month in person, according to four people …
China’s banking sector expected to see 10 pct profit growth in H2
Chinese commercial banks are likely to see their net profits grow by around 10 percent in the third and fourth quarters of 2021, boosted by the stability brought about by economic recovery, forecast …
