President Xi Jinping has thrown his weight behind an unpopular but economically beneficial real estate levy. Previous experiments in Shanghai and Chongqing disappointed, so the next round of trials …
Monthly Archives For October 2021
FCC revokes authority of China Telecom’s US unit
US regulators on Tuesday terminated the authorization for China Telecom’s American subsidiary to conduct business in the United States, citing “significant” national security risks.
US bans China Telecom
WASHINGTON: US regulators on Tuesday terminated the authorization for China Telecom’s American subsidiary to conduct business in the United States, citing “significant” national security risks.
Hong Kong leads Asia lower as US ban on China Telecom fans tensions
Hong Kong led most Asian markets lower Wednesday with tech firms in the firing line after China Telecom was banned from the United States, adding to already fraught tensions between the superpowers as …
China’s Booming Exports Mean Yuan’s Yearlong Rally Far From Over
The yuan has defied a slew of risks to top the rankings of Asian currencies so far this year. There are few signs it’ll be dethroned anytime soon.Most Read from BloombergCities’ Answer to Sprawl? Go…
China Tech Stocks Slump as Tensions With U.S. Spook Investors
Investors rushed to offload Chinese tech stocks as a flare-up in Sino-U.S. tensions sparked fears that more scrutiny from Washington could be in store for the sector.Most Read from BloombergCities’ …
Beijing Games organisers say virus ‘biggest challenge’, 100 days from start
Olympics organisers said Wednesday that protecting the Games from the coronavirus is the “biggest challenge”, as China races to stamp out an outbreak 100 days before the event starts.
Why China’s Developers Have So Much Dollar Debt
Chinese real estate firms long prospered by selling a lot of dollar-denominated debt. This year hasn’t been as kind: Their dollar bonds have lost about one-third of their value amid concerns about a …
China doubles down on COVID-zero strategy
An expansive compound of buildings covering the equivalent of 46 football pitches was recently erected on the outskirts of Guangzhou, China’s bustling southern metropolis. The sprawling complex of …
Beijing 2022 Winter Olympics official says pandemic is biggest challenge to Games
Zhang Jiandong, a senior official with the Beijing Organising Committee for the 2022 Olympic and Paralympic Winter Games, said on Wednesday that Beijing is prepared for the Games but that the COVID-19 …
Beijing marks 100 days to Winter Olympics amid COVID, rights concerns
With 100 days until the start of the Winter Olympics, Beijing is promising a “simple and safe” 2022 Games – although preparations are anything but simple as China readies to host thousands of athletes …
China Urges Hui to Tap Wealth; Firms to Repay: Evergrande Update
China has urged companies to make payments on their offshore bonds, and asked China Evergrande Group’s billionaire founder Hui Ka Yan to tap his personal wealth to help solve the company’s deepening …
Beauty on Bilibili: Why this untapped channel is becoming an important platform for brand marketing in China
Chinese video-sharing platform Bilibili is steadily becoming a key marketing channel for beauty brands targeting Gen Z consumers as beauty-centric content grows on the platform.
