There must be ‘no loosening or slacking in virus control and prevention work’, says official. . Read more at straitstimes.com.
Monthly Archives For March 2022
Biden’s China ‘pivot’ complicated by Russia’s war in Ukraine
But Russia’s brutal invasion of Ukraine has made that vexing move even more complicated. China’s government has vacillated between full embrace and more measured responses as Russian President …
China’s local COVID cases decline for 2nd day as Jilin outbreak grows at slower pace
Mainland China’s new local symptomatic COVID-19 cases declined for a second consecutive day, official data showed on Thursday, as a flare-up in the northeast – the worst since China’s first outbreak …
To Time a Policy Bottom in China, History Shows Patience Pays
China investors with longer-term horizons may want to refrain from rushing in to buy this week’s bounce, as history shows the real bottom may still be a way off.
China property developer Yango defaults on $94.6 mln onshore bond – underwriter
Chinese property developer Yango Group Co Ltd 000671.SZ has defaulted on a 600 million yuan ($94.62 million) onshore bond after it failed to meet a …
China’s central bank conducts 80 bln yuan of reverse repos
China’s central bank on Thursday conducted 80 billion yuan (about 12.62 billion U.S. dollars) of reverse repos to maintain liquidity in the banking system. The interest rate for the 7-day reverse …
Aussie China sanctions risk 65 and even 58 cents
The provision of missile launchers as well as sanctions on hundreds of individuals place as Prime Minister Morrison has stated, Australia lockstep in actions taken by the USA. The talk of the US and …
Traders Weigh China Vow to Resolve Risks: Evergrande Update
Investors weighed the implications of China’s strong push to stabilize battered markets, in which the nation’s top financial policy body promised to ease a regulatory crackdown, support property and …
China stocks rise on government pledges of support, Ukraine peace hopes
China major stock indexes rose on Thursday, extending a jump from the previous session after the country’s top policymaker assured markets of stability and support, while hope for a breakthrough in …
Moody’s — Issuance growth in China’s onshore bond market will likely be slow in 2022
Onshore issuance rose just 6% in full-year 2021 while net financing declined 28%, indicating the issuance was largely driven by refinancing needs » Funding costs to remain high for weaker companies …
China Not to Pilot Property Tax Reform in More Cities This Year Amid Unsuitable Conditions
China’s finance ministry has said there are no suitable conditions this year to expand the country’s list of pilot cities for real estate tax reform, Xinhua reported yesterday. China will focus on …
China’s local Covid-19 cases decline for second day as Jilin outbreak grows at slower pace
Mainland China’s Covid-19 cases declined for a second consecutive day, official data showed on Thursday (March 17), as a flare-up in the …
A Covid-19 Lockdown in China’s Commerce Hub is Rattling Global Supply Chains
A sweeping Covid-19 lockdown across China’s busiest cities and ports may cause significant disruption to the global supply chain and affect American consumers—from stocks of best-selling merchandise …