Country Garden is one of the few remaining large, better-quality private developers that had been largely unscathed by the liquidity crunch in China’s property market.
Monthly Archives For January 2022
Bank of Jiangsu profit up 31 pct in 2021
The Bank of Jiangsu saw rising profits in 2021 with a lower bad loan ratio, the bank said in an earnings estimate. Net profit attributable to shareholders for the bank jumped 30.72 percent year on…
Chinese policy bank lends 70 bln yuan to support innovation, research in 2021
China Development Bank (CDB), one of the country’s major policy banks, granted a total of 70 billion yuan (about 10.99 billion U.S. dollars) of special loans last year to facilitate scientific …
China inflation: easing consumer, factory-gate price pressure opens door for Beijing to support slowing economy
China’s improving consumer and factory-gate inflation outlook will leave more room for easing monetary policy in the coming months, with next week’s headline growth rate figures set to confirm the …
As crypto goes mainstream, its carbon footprint can’t be ignored
For advocates of cryptocurrency, the promise of an economic future that is managed by a blockchain (a decentralized database that is shared among …
China steps up COVID-19 control to ensure safe holiday
Staff members scan citizen’s codes for registration procedure of nucleic acid test at a testing site in Nankai District in north China’s Tianjin, Jan. 9, 2022. (Xinhua/Sun Fanyue) BEIJING, Jan. 16 …
China urges local governments to minimize impact from COVID-19 curbs over Lunar New Year
China’s state planner on Sunday urged local governments to minimize the impact from COVID-19 restrictions over the upcoming Lunar New Year holiday to help a rebound in consumption, as rising cases of …
Beijing Omicron case prompts temple closures, queues for COVID-19 tests
China on Sunday reported 65 locally transmitted COVID-19 cases for Jan. 15, including the first Omicron case in Beijing, just weeks from the Feb. 4 start of the city’s Winter Olympic Games and the …
Beijing Reports 1st Local Omicron Case Ahead of Olympics
Beijing has reported its first local omicron infection weeks before the Winter Olympic Games are due to start.
Tesla inks deal to get key battery component outside China
Tesla is turning to Mozambique for a key component in its electric car batteries in what analysts believe is a first-of-its-kind deal designed to reduce its dependence on China for graphite.
Unboxing China: What’s behind 346m people engaging in winter sports? Unboxing China: What’s behind 346m people engaging in winter sports?
China set this momentous goal when the country bid for hosting the 2022 Winter Olympic Games. The country is no stranger to the Olympics, as China has been actively participating both summer and …
Tiffany Hsu on China’s Luxury Fashion Landscape
Tiffany Hsu, Mytheresa’s Fashion Buying Director, is the first to be welcomed into 2022’s Jing Daily community of individuals shaping China’s booming luxury fashion industry. These profiles highlight …
Chinese mainland reports 65 locally transmitted COVID-19 cases
A student receives nucleic acid test in East China Normal University in Shanghai, east China, Jan. 14, 2022. (East China Normal University/Handout via Xinhua) BEIJING, Jan. 16 (Xinhua) — The Chinese …
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