China must ‘seize this window of opportunity’ to implement domestic-facing monetary policies before US Fed’s upcoming interest rate hikes, economist says Fresh comments by People’s Bank of China show …
Monthly Archives For December 2021
China cracks down on illegal debt financing at local exchanges
China is launching a nationwide inspection of local financial asset exchanges, with a focus on their debt financing activities, after some platforms were found to be illegally facilitating financing …
China, still a 2022 worry: Morning Brief
In fact, Deloitte’s fourth quarter CFO Signals survey, released on Thursday, found that finance chiefs are getting gloomy about what 2022 has in store for the global economy — and China is a …
China Front-Loads 2022 Special Bonds to Boost Local Infrastructure Spending
China’s finance ministry has offered local governments an early allocation of 1.46 trillion yuan ($228.9 billion) in quotas for 2022 special-purpose bonds (SPBs), as Beijing steps up efforts to …
China’s fiscal revenue up 12.8% in first 11 months
China’s fiscal revenue registered a year-on-year increase of 12.8 percent in the first 11 months of the year, official data showed Friday. The country’s fiscal revenue amounted to 19.13 trillion yuan …
U.S. Senate passes bill to ban imports from China, due to human rights concerns
The US Senate passed legislation on Thursday to ban imports from China’s Xinjiang region over concerns about forced labor, part of Washington’s continued pushback against Beijing’s trea …
In Depth: China’s Tutoring Industry Scrambles to Survive After Reforms Close Book on Lucrative Business Model
One day in October, Songwan elementary school in Central China’s Henan province received a donation out of the blue — 300 school desks — shipped from a branch of the private tutoring company New …
Guam, America’s Forgotten Territory, Is New Front Line Against China
The remote Pacific island, better known for beaches, is seen as a potential staging ground in any future Asian conflicts. It’s also becoming more vulnerable, U.S. officials say, as China expands its …
China Olympic sponsors must hold Beijing accountable
Those sponsoring the Games have an obligation to shine a light on China’s continued human rights abuses, and to use their millions of dollars in advertising and promotion for good.
Justin Sun Is Retiring From Tron – But Not Crypto
Tron founder Justin Sun is getting political. The polarizing crypto entrepreneur said Friday he is leaving his brainchild Tron blockchain to TRON token holders. Sun said in an interview with CoinDesk …
China’s tablet market will create the largest YoY increase since 2013
International Data Corporation (IDC) released a quarterly tracking report for tablet computers. The report states that in 2021, the Chinese tablet computer market will create …
Beijing’s proposed rules to revive China’s IPO prospects in 2022, bankers say
Greater China’s flagging initial public offerings (IPOs) are set to get a fillip in 2022 from the expected unveiling of new rules by Beijing.
China Focus: China accelerates deployment of hydrogen energy
Late last month, the China Petrochemical Corporation (Sinopec Group) launched a 20,000-tonnes-per-year green hydrogen plant in northwest China’s Xinjiang Uygur Autonomous Region. As green hydrogen is …
