Jiayin Group Inc. (“Jiayin” or the “Company”) (NASDAQ: JFIN), a leading fintech platform in China, today announced its unaudited financial results for the second quarter ended June 30, 2022. Second Qu …
Monthly Archives For August 2022
China’s economy could be in a period of ‘heightened peril,’ says risk advisory firm
Peter Richardson, Asia-Pacific director at Wallbrook, says recent moves by China’s central bank to cut interest rates can be interpreted as a reflection of the country’s internal political …
China propaganda ignores kidnapping of Canadians, U.S. export laws
I remember a cowardly bully kidnapping two innocent men because Huawei was caught violating U.S. export laws. The U.S. has no right to tell Huawei where to sell, but it has every right to control…
China’s Internet Giants Face New Era Of Tough Oversight And Low Growth
Alibaba and Tencent, the twin pillars of China’s once-booming internet sector, have long had reputations for eye-popping growth figures and minting new billionaires—but no longer.
China dims lights in Chengdu subway to save power as heat soars
Metro stations in Sichuan province’s capital city Chengdu have dimmed their lights to save electricity, leaving some travelers in partial darkness as China grapples with a power crunch amid a record …
China’s growth forecasts slashed as heatwave hits industrial heartlands
China’s economic growth forecasts have been downgraded further by major investment banks, as the country grapples with its worst heatwave in 60 years.
U.S.-China tensions are not helping Biden in inflation fight, economist says
Sachs, a Columbia University professor, said the Biden administration should not have continued Trump-era tariffs on China.
China’s largest property group warns of 70% plunge in profit
Earnings at Chinese property developer Country Garden fell as much as 70 per cent in the first half of the year, as the country’s largest real estate group by sales was drawn into a crisis…
China strongly opposes trade talks between U.S. and Taiwan
China firmly opposes trade talks between the United States and Taiwan and says it will take all necessary measures to firmly safeguard its sovereignty, security and development interests, the commerce …
Singapore’s UOB sees Chinese stocks outperforming in the second half as Beijing moves to support economy
MSCI China Index fell 10 per cent in July, its worst monthly performance in a year ‘Positive vibes’ from Beijing indicate more support on the infrastructure and lending fronts, says Abel Lim of UOB …
China strongly opposes trade talks between U.S. and Taiwan
China firmly opposes trade talks between the United States and Taiwan and says it will take all necessary measures to firmly safeguard its sovereignty, security and development interests, the commerce …
EXCLUSIVE China regulator probes banks’ property loan portfolio – sources
China’s banking regulator is scrutinising property sector loan portfolios of some local and foreign lenders to assess systemic risks, sources with knowledge of the matter said, as the real estate …
US, Taiwan Agree Trade Talks In Face Of ‘Growing China Coercion’
Taiwan and the United States announced plans on Thursday for trade talks in the early autumn as a senior US diplomat warned Beijing will continue to squeeze the self-ruled democracy it claims as its …
