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Monthly Archives For November 2021
China kicks off import expo in Shanghai
Companies and groups across the world are promoting their products at a large-scale trade fair taking place in the Chinese city of Shanghai.
Chinese COVID vaccine developer Clover raised US$240 million net proceeds in Hong Kong IPO
Chinese COVID-19 vaccine developer Clover Biopharmaceuticals said on Thursday it raised US$240 million in net proceeds in initial public offering (IPO) of shares in Hong Kong.Based on the offer price …
Indian businesses stay away from China’s top import expo
Participants at the expo in the eastern metropolis said most of the firms and businesses from abroad were represented by their local agents in view of Chinas rigid COVID-19 travel restrictions.
China: Beijing’s increase in pollution raises alarm before Winter Olympics
A thick layer of smog overshadowed China’s capital city, Beijing, forcing authorities to temporarily suspend some highways and issue a pollution alert. Visibility in parts of Beijing dropped to less …
Beijing Vows to Punish ‘Diehard Taiwan Separatists’
Beijing will impose punitive measures against “diehard Taiwan separatists” and investigate them for criminal acts, said Zhu Fenglian, spokesperson for China’s Taiwan Affairs Office. Zhu said the …
Beijing shuts roads, playgrounds due to heavy pollution
This comes as China ramps up coal production and faces scrutiny of its environmental record at international climate talks …
Navy fires top officers of U.S. nuclear submarine damaged in underwater collision in South China Sea
The Navy said Thursday it fired the two senior officers of a nuclear-powered attack submarine that was damaged in an underwater collision last month in the South China Sea. A sailor who served as a…
Explained: Why China’s property crash isn’t a Lehman Brothers moment
Chinese property developers’ debts appear big enough to crash the whole economy. But several factors could limit the real estate downturn and the threat of global financial contagion.
Take Five: Party Time in Beijing
The highest-ranking members of the Chinese Communist Party will gather in the coming days and are set to green-light another term for President Xi Jinping. U.S. inflation numbers may test the Federal …
Shanghai, Guangdong debt pilot programmes aim to reduce China’s hidden local government liabilities
Shanghai and Guangdong will focus on better self-regulation to curb hidden debt risks, while also looking to convert some of the debt into regonisable debt amid rising concerns in China.
Factbox-What Are China’s Wealth Management Products?
Here’s what you need to know about China’s wealth management products: WHAT ARE THEY? WMPs are investment vehicles marketed by issuers including banks and property developers to retail and corporate …
JPMorgan cuts China growth forecast for fifth time since August
“Looking back, we have downgraded China’s growth forecasts five times since August,” JPMorgan’s Haibin Zhu said in a note, adding the bank now expected full-year growth of 7.8 per cent and 4.7 per …