New coronavirus cases in China’s locked-down city of Xi’an edged down Monday, official data showed, while local authorities removed two senior officials to “strengthen” their fight against Covid.
Monthly Archives For January 2022
Beijing sees improved external debt structure
The scale of China’s foreign debt maintained general stability and the structure of external debt improved in the third quarter, said Wang Chunying, deputy director and spokesperson of SAFE. The …
China’s services industry a new magnet for foreign investment
It may seem as though foreign investment is flowing more into services and less into manufacturing, but foreign investors are placing more attention on research and development (R …
China’s Tencent Takes Stake in UK Challenge Bank Monzo
Tencent, the Chinese-based tech group, has a new stake in Monzo, which shows a big recovery in Monzo’s fortunes as it’s now valued at $4.5 billion.
Interview: China’s securities chief calls for stability, reform in 2022
The focus of China securities regulation next year will be maintaining stability while pursuing reform the country securities chie …
China Evergrande Shares to Halt Trading
China Evergrande Group said its shares will be suspended from trading on Monday, without giving any reason. The embattled property developer has more than $300 billion in liabilities and is scrambling …
US on sidelines as China and other Asia-Pacific nations launch trade pact
The Regional Comprehensive Economic Partnership will eventually eliminate more than 90% of tariffs on commerce among 15 member countries …
China reports 161 new COVID-19 cases for Jan 2 vs 191 day earlier
China reported 161 confirmed coronavirus cases for Jan. 2, down from 191 a day earlier, the country’s health authority said on Monday. Of the new infections, 101 were locally transmitted, according to …
China outlines vision for four mega data centre clusters
China has approved plans to build four mega clusters of data centres in the country’s north and west with the aim of supporting the data needs of Beijing and major coastal centres, according to the…
China’s star manager hopes for redemption as all 4 funds with US$16 billion in assets suffered losses in 2021
The days of easy money may be over as investors struggle to overcome a torrent of regulatory crackdowns. Zhang Kun will be banking on policy-easing momentum and stock valuations to redeem himself in …
It’s China vs. Walmart, Latest Western Brand Entangled in Human Rights Dispute
Western businesses face a geopolitical situation similar to what followed the 1989 Tiananmen Square massacre, but with more at stake.
More than 70 per cent of new Hong Kong listings ended 2021 below their IPO price, hit hard by Beijing’s tech crackdown
Eight of the 10 largest IPOs in Hong Kong last year would have delivered losses to investors who held the shares until the end of the year The only winners among the large IPOs were…
China Everbright Water bags $67.6m wastewater treatment project in Shandong
Environmental services company China Everbright Water has bagged a wastewater treatment project at the Ji’nan International Centre for Medical Sciences in Shandong, China worth 319.5 million yuan …
