European equities rallied on Wednesday after a senior Chinese official indicated Beijing would step in to boost the world’s second-largest economy, soothing market jitters caused by the war in Ukraine …
Monthly Archives For March 2022
China’s top financial regulator vows to maintain capital market stability
Stock market Photo: cnsphotos. China’s top financial affairs watchdog vowed on Wednesday to take measures to maintain stability of its housing and capital markets, and shore up ec …
China’s finance technocrats grab back the mic
Vice Premier Liu He wants government agencies to coordinate any new policies that might impact markets with financial watchdogs first. That’s music to the ears of investors tired of endless, roving …
China lets Foxconn, some construction sites resume work in COVID bubbles
China is allowing Apple Inc supplier Foxconn’s Shenzhen operations and construction sites in Shanghai to resume work on condition that their employees live and work in a bubble arrangement against …
Exclusive-Tesla halts work at Shanghai factory for two days amid China COVID curbs – notice
“at-above-post addthis_tool” data-url=” (Reuters) -Electric vehicle giant Tesla is suspending production at its Shanghai factory for two days, according to a notice sent internally and to suppliers, …
Guangdong releases promising import, export data
Guangdong’s import of bulk commodities, including grains, crude oil and natural gas, witnessed big growth in the first two months of the year, indicating demand remained strong in the prosperous …
China to send arms to Russia? Hear voices from Kyiv and Moscow
Whether China did or didn’t supply arms to Russia? Listen to Ukrainian analyst Iliya Kusa and Russian security expert Mark Sleboda’s takes on the Financial Times report that went viral. Wang Guan: The …
Bitcoin and Ethereum end losing streaks as China vows to boost economy
Bitcoin and Ethereum snapped five days of losses, mirroring gains in equity markets and Asian tech stocks after China pledged to boost its economy. The largest coin by market cap climbed 2.71% to …
Kaisa Prosperity Shares Fall to Lowest Level Since IPO
By Anniek Bao Shares of Kaisa Prosperity Holdings Ltd. fell to their lowest intraday level since listing more than three years ago after the company …
China’s Covid-19 governance under pressure as Omicron spreads
China’s public health governance is expected to come under acute pressure in coming weeks as the biggest wave of Covid-19 cases since the 2020 Wuhan outbreak stretches medical resources, tests the …
Beijing’s “First-Store Economy”: What Are the New Incentives?
Store Economy” policy has been optimized through measures released on March 11, 2022 and clarify financial and support measures available.
China tries to calm markets by pledging support for economy
China’s leaders are trying to calm jittery investors by promising more help for its struggling real estate industry, internet companies and entrepreneurs who want to raise money abroad …
China vows to stabilize markets and economy
China will keep the markets stable with favorable policies, China’s Financial Stability and Development Committee said on Wednesday amid the recent market turmoil.