China’s thermal coal futures tumbled 13% on Friday, extending losses since Tuesday when they came off record highs after Beijing signalled it would intervene to cool surging prices to help electricity …
Monthly Archives For October 2021
What people are saying about China Evergrande Group
China Evergrande Group wired funds to a trustee account on Thursday for a bond interest payment due Sept. 23, a source told Reuters on Friday, days before a deadline that would have plunged the …
Fresh COVID-19 outbreak in China leads to closure of schools, tourist sites; several flights suspended
An outbreak of Covid-19 in China has led to swift restrictions being imposed in multiple Chinese provinces over the last week, the BBC reported. AFP also reported that authorities in China cancelled …
1st LD-Writethru: Chinese mainland reports 28 locally transmitted COVID-19 cases
A medical worker inoculates a citizen with a booster shot of COVID-19 vaccine at a vaccination clinic in Fanyu District of Guangzhou City, south China’s Guangdong Province, Oct. 18, 2021. (Xinhua/Deng …
China’s Inner Mongolia reports 15 confirmed COVID-19 cases
North China Inner Mongolia Autonomous Region reported 15 locally transmitted confirmed COVID-19 cases from 10 am Thursday to 7 am …
Marine economy expo sets course for Shenzhen
China Marine Economy Expo will take place in Shenzhen, Guangdong province, from Nov 25 to 27, the organizing committee has announced. The expo is the biggest of its kind in the country and a major…
China coal prices dive 11% as Beijing plans to intervene to ease power crunch
China’s thermal coal futures slid 11% on Friday, extending losses since Tuesday when they toppled off record highs after Beijing signalled it would intervene to cool surging prices to help electricity …
Olympic qualifying is back, this time for Winter Games in Beijing
Though it seems like the last Olympics just ended, it’s already time to look ahead to the next. The Beijing Winter Games begin on Feb. 4, less than six months after the pandemic-delayed Tokyo Summer…
China City Builders Buck Property Slump to Win Record Low Yields
A key part of China’s credit market is doing better than ever, even as riskier developers get hammered by a slowdown in the sector. Most Read from BloombergForget Palm Springs—Santa Fe Is the New Mecc…
China’s Top Financial Regulator Sees Progress in Tech Crackdown
China’s top financial regulator said he expects to achieve significant progress in the ongoing crackdown on fintech firms before the year-end, reinforcing speculation that Beijing’s campaign to rein …
China seeks free trade that””s friendly to poor nations
Faced with a worsening unemployment crisis and targeted by a growing number of anti-dumping cases, China is making a strong bid to champion the global free trade campaign in a direction that favours …
Shanghai Man: Blockchain Week with Vitalik still happening, ‘Bitcoin’ searches on WeChat hit 26M in a day
Despite China’s crypto crackdown, Vitalik, Sergey, and Yat Siu will make an appearance at Blockchain Week in Shanghai. CeFi volumes slump for one of China’s largest players but searches for ‘Bitcoin’ …
China Evergrande sends funds to trustee for bond coupon due Sept 23 -source
Property developer China Evergrande Group has made funds available for a bond coupon due Sept. 23 to a trustee account on Thursday, before the expiration of a 30-day grace period for the payment, a …