The troubled asset manager is raising about 42 billion yuan ($6.6 billion) from the share sale, according to a Hong Kong Stock Exchange filing late Wednesday. That’s less than the 50 billion yuan …
Monthly Archives For November 2021
Schumer Drops Effort to Attach China Bill to Pentagon Bill
The decision is another setback for the China bill, which includes $52 billion in incentives and grants to foster semiconductor manufacturing in the U.S.
Bonds, Stocks, Economy: How China’s Property Woes Are Spilling Overseas
He’s out to prove a point about China’s troubled property sector by chronicling the fate of his investment on social media. “I was concerned about what was going on, and from my past I’m able…
China to set up 200 billion yuan relending facility to back clean use of coal
China will establish a special relending facility worth 200 billion yuan (US$31.35 billion) to support the clean use of coal, state media quoted the cabinet as saying on Wednesday.It did not say what …
Linklaters Advises On China’s US$4bn Rule 144a/Reg S Sovereign Bond Offering.
Linklaters advised the Ministry of Finance of the People’s Republic of China (MOF) on its US$4bn Rule 144A/Reg S sovereign bonds offering, which was priced on 19 October 2021 and follows the MOF’s …
Communist China to Mix COVID-19 Vaccines Amidst New Outbreaks
Communist China to Mix COVID-19 Vaccines Amidst New Outbreaks Communist China has announced that it will be mixing COVID-19 vaccines while inoculating citizens during the upcoming booster shot …
White House won’t say if Biden pressed Xi Jinping on COVID-19’s origins
The White House won’t say whether President Joe Biden pressed Chinese leader Xi Jinping on COVID-19’s origins during their three-hour virtual conversation on Monday night — despite the Centers for …
U.S. Weighs Diplomatic Boycott of Beijing Olympics -Sources
REUTERS/Tingshu Wang/File Photo/File Photo Reuters WASHINGTON (Reuters) – The United States is considering not sending a diplomatic delegation to the opening of the Beijing Winter Olympics in February …
China’s debt increasing, financial system struggle to manage burden: US commission
In the wake of Beijing stimulus-led recovery from the COVID-19 pandemic China debt burden has further increased stressing a financial system still struggl …
Illumina and Sequoia Capital China Select First Startups to join Genomics Incubator in China
Illumina, Inc. (NASDAQ: ILMN), and Sequoia Capital China, a leading investment firm, today jointly announced the selection of the first two startup companies joining the Sequoia Capital China …
Hawke’s Bay’s largest ever live export shipment: 14,000 cattle off to China
A ship carrying up to 14,000 cattle will leave for Napier for China on Sunday, marking the single largest export of livestock ever carried out in Hawke’s Bay. The Al Kuwait is a purpose-built live…
Export demand supports soybeans
Soybeans were sharply higher on commercial and technical buying. Ahead of the open, China bought 132,000 tons of 2021/22 U.S. beans, the fourth business day in a row with a reported sale. The running …
U.S. asks Japan, China, others to consider tapping oil reserves, sources say
In recent weeks, Biden and top aides have raised the issue with close allies including Japan, South Korea and India, as well as with China, the sources said.
