Trading began Monday on the new Beijing Stock Exchange (BSE), with 81 stocks listed, marking the government’s latest efforts to make more funding available to China’s small and midsize enterprises …
Monthly Archives For November 2021
China: Fresh COVID-19 infection reported from 21 provinces, 1379 infected
Beijing: A Chinese official has said the latest COVID-19 infection spread was recorded from 21 provinces across the nation.
Biden prepares to meet with Xi Jinping amid ‘concerns’ over China’s actions
President Biden will not “hold back” on areas of concern in his virtual meeting Monday evening with Chinese President Xi Jinping, as the Biden administration works to stabilize the relationship …
Despite COP26 rhetoric, China’s coal production is hitting all time highs
Coal production in China has surged to its highest level in years even as Beijing promised to phase down use of the fossil fuel at the United Nations climate summit where leaders lauded a new…
Diesel passes 150p per litre in UK for first time; China’s property slowdown deepens – business live
Rolling coverage of the latest economic and financial news …
China’s burned-out tech workers are fighting back against long hours
A viral online project helped expose the punishing 996 work schedule—and shows how hard it is to make progress against it.
China drafts new rules that punish VPN providers that scale the Great Firewall
The top cyberspace authority in China has recently drafted new regulations that would punish individuals and firms that use or offer VPN services. In other words, the government will be cracking down …
Video dialogue to set terms for future US-China competition
US officials have played down the possibility of progress on trade, where China is lagging in a commitment to buy $200bn more in US goods and services. Not on Biden’s agenda are US tariffs on…
Adult Education, Vegetable Sales—China’s Big Tutors Chart a New Course
Two of China’s biggest private tutoring companies say they will exit a key business by the end of the year, casualties of Beijing’s clampdown on the sector.
China’s Interesting Relationship with FX Trading
China maintains a very tight grip on the foreign exchange (forex) market. The country completely banned forex margin trading and imposed heavy restrictions on other FX market activities.
China’s Tax Incentives: An Overview of Key Schemes
From the investor’s perspective, China’s tax incentives are legitimate tools for reasonable tax planning and cost savings. We spotlight key incentives.
World shares higher ahead of talks between Biden, China’s Xi
Shares advanced Monday in Europe and Asia ahead of virtual talks between President Joe Biden and Chinese President Xi Jinping. The encounter, due to take place late Monday, could add some clarity …
China shows resolve against corruption after ex-Bank of China exec repatriated from US
China demonstrated its determination to fight corruption and vowed to chase corrupt fugitives wherever they are hiding after Xu Guojun, former president of the Kaiping sub-branch of Bank of China, was …