Messenger The People’s Bank of China is encouraging Chinese banks to lend more to businesses and consumers by cutting the proportion …
Monthly Archives For December 2021
China’s Twitter-like social media platform Weibo slips on Hong Kong debut
China’s Twitter-like social media platform Weibo debuted on the Hong Kong stock exchange on Wednesday but slipped in early trade as investors remain wary …
China approves first home-developed therapy against COVID-19
Two medications were approved for market use by China’s top medicine regulator on Wednesday, marking an important step in the country’s efforts in the race against time to fight the COVID-19 epidemic.
Canada announces diplomatic boycott of Beijing Olympics over human rights concerns
Prime Minister Justin Trudeau announced that Canada won’t send diplomatic representation to Beijing, adding that the decision stems from human rights concerns.
China policy will test Germany’s coalition
Germany’s new coalition government has promised to pursue a values-based foreign policy highlighting democracy and human rights and putting less emphasis on the country’s commercial interests, the …
‘The Ingraham Angle’ on China, Biden’s COVID policies
“The Ingraham Angle” welcomed guests Rick Scott, Harvey Risch, Jim Banks, Beth Stelzer, Matt Walsh, Jim Jordan.
International Tennis Federation Won’t Move China Events Despite Peng Shuai Safety Concerns
The ITF announced they will continue to hold tennis events in China because “We don’t want to punish a billion people,” said president David Haggerty.
Evergrande: China property developer debt default fears grow
Concerns are growing over potential multi-million dollar debt defaults by two of China’s biggest property companies. Investors are waiting for news about tens of millions of dollars of overdue …
Alibaba, Farfetch, and Lauder: China’s Still Good to Some — But Not All
Chinese tech stocks face investor pushback despite a strong sales quarter. Meanwhile, for Estée Lauder, a bounce-back came from the West.
Canada Joins Diplomatic Boycott Of Beijing Winter Olympics
Canadian Prime Minister Justin Trudeau said the country will join the U.S. and other nations in not sending a delegation to the 2022 games.
VW brand boss Brandstaetter to become China boss, Skoda’s Schaefer will take his role, reports say
Leadership changes at VW Group will see company veteran Ralf Brandstaetter move to China and Thomas Schaefer replace him as VW brand CEO, according to German press reports.
China’s Regulatory Crackdown Begins to Sweep Up Foreign Firms
Its exit from the NYSE now marks the end of an era in which Chinese companies could freely raise foreign capital in stock markets overseas. Yet even as Chinese companies brace for a range of…
U.K. Joins U.S., Australia Boycott of Beijing Olympics, Still Sending Athletes to Compete
British Prime Minister Boris Johnson said the U.K. will join in the diplomatic boycott, but he doesn’t support boycotts involving athletes and they may compete.
