China sold about $4.6 billion of bonds denominated in euros, taking advantage of superlow yields in the eurozone to raise shorter-term funds at negative rates for the second year running.
Monthly Archives For November 2021
Delayed Interest Paid; Bank Loans Rise: Evergrande Update
China Evergrande Group appeared to pay interest on dollar bonds at the last minute, averting default. Customers of international clearing firm Clearstream received overdue interest payments on three U …
Singapore Central Bank Chief Hopes Hong Kong, China Will Open Up
Singapore’s central bank chief would like Hong Kong and China to open up quicker and more decisively over the next year as their strict border restrictions may impact business ties between the key …
Bigger China property risk would be Xi blinking
Worries about real estate contagion are growing, including at the U.S. Fed. Direct foreign exposure to the sector is limited, but it could drag down trade and investment portfolios. If Beijing relaxes …
China Oct new bank loans fall less than expected, mortgages rise
New bank lending in China fell sharply in October from the previous month, but not quite as badly as forecast by analysts who expect the central bank to ease monetary policy cautiously due to risks…
China exports reach $300.2 billion, up 27% over last year
China exports remained in a strong position with the country customs agency announcing that exports totaled 3002 billion up 271 percent from one year ago …
China’s Singles’ Day kicks off as COVID, real estate crisis bite
The world’s biggest shopping event is a test of consumer sentiment amid COVID outbreaks and property market jitters.
Japan raises concerns with Beijing over Chinese ships repeated entry into its waters
Japan has voiced concerns over the increasing military capabilities of Beijing in a virtual meeting with a Chinese official reported local media …
China’s Xi warns of ‘Cold War-era’ tensions in Asia-Pacific
Chinese President Xi Jinping warned against a return to Cold War-era divisions in the Asia-Pacific Thursday as tensions mounted over the security of Taiwan.
In China, global automakers seek clarity from a more ambitious regulator
For foreign automakers, selling in China – the world’s biggest car market and front-runner by far in the adoption of electric vehicles – can yield great rewards. But the regulatory headaches can also …
China reports 62 new cases of COVID-19
At least 62 new cases of COVID-19 were reported in the Chinese mainland on Wednesday, Chinese media reported on Thursday. The Chinese mainland reported 47 new locally transmitted COVID-19 cases, …
Pandemic outbreaks grow in China but Beijing maintains zero-COVID policy
An important reason for Beijing’s adherence to a zero-COVID policy is the general support of scientists and the public.
Hong Kong Quarantines 120 Kids; Beijing Clampdown: Virus Update
Hong Kong ordered 120 schoolchildren into quarantine and recommended shutting an international school after two Cathay Pacific Airways Ltd. pilots tested positive for Covid. People who visited …
