The construction of the space station, a stronger supercomputer, new medicines and low-carbon tech are set to define China’s science and technology sector in 2022. This year, Chinese astronauts will …
Monthly Archives For January 2022
Subtle word choice in China’s IPO rules revives hope for Hong Kong
Speculation is growing that authorities may make it easier for companies to list in Hong Kong than in other offshore financial hubs.
China’s FX watchdog starts high-level pilots for cross-border business China’s FX watchdog starts high-level pilots for cross-border business
China’s State Administration for Foreign Exchange (SAFE), the country’s forex watchdog, on Tuesday announced it would launch a series of high-level regional pilot schemes in a bid to strengthen the …
China’s Economy Could Overtake US Economy by 2030
China’s GDP should grow 5.7% per year through 2025 and then 4.7% annually until 2030, British consultancy Centre for Economics and Business Research (CEBR) forecasts. Its forecast says that China, now …
China’s COVID-19 Lockdown Renders Hard Conditions For 13 Million People
The Xi’an restrictions imposed Dec 23 are some of the harshest since China in 2020 imposed a strict lockdown on more than 11 million people in and around Wuhan.
With Property Sales Plunging, China Evergrande Faces More Protests
The developer has tried for months to signal that its $300 billion debt problem was under control. But the challenges keep mounting.
Eat, sleep, love Xi: China’s new rules for parenting
China has issued guidelines telling parents how to raise their children by ensuring that they love the Communist Party, eat well and get enough sleep. The Fam …
Chinese Developers Had Annual Drop in Property Sales Last Year
The value of new homes sold by China’s largest real estate companies fell annually for the first time since at least 2016 and declined further in December, suggesting a weak property sector continues …
Fitch Event on China Property Outlook: What’s Next After Evergrande?
The fast pace of urbanization in China was the catalyst for the boom for the China property market in the last two decades, with properties in Chinese cities considered as necessities. Nevertheless, …
Bitcoin and Ethereum down as month-long crypto wobble continues
Bitcoin has now fallen some 18% as riskier assets have been shunned since concerns of Omicron began in early December …
Beijing demands cybersecurity reviews for internet platform IPOs
Chinese regulators said on Tuesday that from February 15, operators of some internet platforms must apply for a cybersecurity review before filing IPO applications with foreign regulators. The rule …
China holiday round-up: Beijing tightens grip on overseas IPOs
Industrial profits in China climbed 9% year-on-year in November 2021, slowing from a 24.6% growth in October. The Regional Comprehensive Economic Partnership, the world’s largest free trade agreement, …
COVID-19 cases detected: China locks down city of more than a million people
Yuzhou: Chinese authorities have imposed a lockdown in Yuzhou city of Henan Province on Monday after detection of three asymptomatic Covid cases on Sunday, media reports said.
