Spectators attending a major venue for the Beijing Olympics must be vaccinated but fans could be barred from the arena entirely if the coronavirus worsens in China, state media says.
Monthly Archives For December 2021
Moody’s: China’s Property Sector Outlook Is ‘Negative’
Franco Leung, associate managing director at Moody’s Investors Service, discusses the prospects for China’s real estate sector. He also talks about the woes of property developer Kaisa Group Holdings …
Chinese property developer Kaisa fails to get bondholder approval to extend maturity, risks default
Chinese property developer Kaisa Group Holdings said it failed to secure the minimum 95% approval it needed from offshore bondholders to extend the maturity.
China round-up: Beijing advisers eye lower growth target
This round-up focuses on a potential 5%-5.5% annual growth target for the Chinese economy in 2022 China’s official manufacturing Purchasing Managers’ Index (PMI) rose to 50.1 in November from 49.2 the …
Nepal faces significant fall in imports from China, traders bear the brunt
Traders in Nepal are facing delays and inconsistencies in import orders from China, leading to unprecedented monetary losses.
Didi’s 44% Slump Makes It Biggest China IPO Loser in U.S.
As Didi Global Inc. starts work on delisting its U.S. shares, the ride-sharing company is poised to deliver the worst performance in initial months of trading for any major Chinese listing stateside.
China’s services activity expands at slower pace in November, shows private survey
Activity in China’s services sector expanded at a slower pace in November amid rising inflationary pressures and small-scale Covid outbreaks, a survey showed.
China-Taiwan tensions: Chinese submarine’s alleged surprise show highlights risk of the unexpected at sea
The unexpected appearance of an alleged Chinese submarine in the Taiwan Strait this week has highlighted the dangers posed by the frequent presence of military vessels in the narrow waterway, which …
Xinjiang: Twitter closes thousands of China state-linked accounts spreading propaganda
Content was often ‘embarrassingly’ produced and pumped out via repurposed accounts, analysts say …
Didi’s US exit shows Xi is the ultimate arbiter for China’s companies
US politicians have been firing pop guns at China Inc for years. On Friday, Xi Jinping responded with a bazooka, making it clear that while Chinese companies listed in the US irked Democrats and …
Bitcoin hashrate bounces back after China crypto clampdown
When China cracked down against the crypto industry earlier this year, one metric that suffered as a result of the clampdown was the Bitcoin mining hashrate, wh …
Less than 6 months after its IPO, China’s Didi says it will delist from the New York Stock Exchange
Chinese ride-hailing giant Didi said Friday that it will start delisting from the New York Stock Exchange, and make plans to list in Hong Kong instead. It comes less than six months after the tech…
China’s Services Sector Activity Grows at Slower Pace in November
China’s services sector activity grew at a slower pace in November as inflationary pressures and small COVID-19 outbreaks continue, a private survey showed on Friday. The Caixin services purchasing …
