A large crowd of angry Chinese bank depositors faced off with police Sunday, some roughly-handled as they were taken away, in a case that has drawn attention because of earlier attempts to use a covid…
Monthly Archives For July 2022
China: In Henan, bank depositors stage mass protest, demand frozen millions of their life’s savings back
In Henan, bank depositors stage mass protest, demand frozen millions of their life’s savings back . Beijing: In China, bank customers have been car …
China’s Credit Jumps as Banks and Government Stimulate Growth
China’s credit jumped much more than expected last month to the highest on record for June due to a strong rebound in bank lending and record government bond sales.Most Read from BloombergElon’s …
China stocks fall most in 7 weeks as COVID flare-ups weigh
Many Chinese cities are adopting fresh curbs, from business halts to lockdowns, to rein in new infections China stocks fell the most in seven weeks on Monday while Hong Kong shares saw their biggest …
China’s Credit Continues to Strengthen as Stimulus Is Ramped Up
China’s credit grew more than expected in June, a traditionally strong month for borrowing, as banks expanded lending and local governments boosted bond sales to spur the economy. Most Read from …
China says Asian nations should avoid being used as chess pieces
Wang Yi says ASEAN should be ‘insulated against geopolitical calculations’ as great power rivalry intensifies.
African states’ private debts three times that owed to China
African countries’ debts with China are a third of what they owe non-Chinese private lenders, while interest rates are just over half, according to a report published on Monday amid a debate about the …
China’s new ESG disclosure guidelines need a forward-looking slant for international alignment, experts say
The guidelines, comprising 127 environmental, social and governance (ESG) metrics and 373 sub-metrics, is the first China-focused disclosure standard They are ‘a helpful starting point and point of …
US ban on Xinjiang imports hits China’s supply chain
The Chinese manufacturing hub of Xinjiang is produced with forced labour & therefore, can’t be imported into the US unless companies are able to provide “clear & compelling evidence” to the contrary.
China authorizes use of antibody drug Evusheld
The antibody drug Evusheld was authorized to be used at the Ruijin Hainan Bo’ ao Research Hospital in the Hainan Boao Lecheng International Medical Tourism Pilot Zone last week. Hainan customs …
Australian PM Won’t Respond to Beijing’s ‘Demands’ At Meet
Australian Prime Minister Anthony Albanese has ruled out complying with a list of demands from the Chinese government to improve relations between the two countries, complicating attempts to repair …
Scenery of Great Wall in Beijing
Aerial photo taken on July 10, 2022 shows the sunset scenery of the Mutianyu section of the Great Wall in Beijing, capital of China. (Xinhua/Chen Yehua) Aerial photo taken on July 10, 2022 shows the…
China’s Economy Stumbles in the Fog of Covid War
Even if the country avoids new lockdowns of big cities, question marks over the pandemic and policy direction are dogging efforts to revive growth.