SMEs are the largest and most dynamic group of enterprises. However, because of their small size, they are vulnerable to risks. It is important that the financial sector make greater efforts to better …
Monthly Archives For September 2022
China’s $1 Trillion Trade Boom Won’t Stop Yuan Slide:, Macquarie Says
China’s trade surplus is set to top a record $1 trillion this year, but that won’t be enough to prevent the yuan from sliding against the surging dollar as business confidence wanes, according …
Beijing October Literature Festival opens
Under the theme “new era of literature, new epic of the people”, the seventh Beijing October Literature Festival kicked off in Beijing on Thursday. With literature as the core, the festival this year …
China’s Leapmotor Said to Raise $800 Million in Hong Kong IPO
Chinese electric-vehicle maker Zhejiang Leapmotor Technology Co. raised about HK$6.3 billion ($800 million) in its Hong Kong initial public offering, according to people familiar with the matter.Most …
Here to stay? China’s cityscapes transformed by thousands of Covid-19 test booths
Tens of thousands of kerbside sampling booths where people can be tested day and night have become a permanent feature of Chinese cityscapes. Proof of a negative PCR test once every few days is …
Here to stay? China’s cityscapes transformed by thousands of COVID test booths
A thousand days since the World Health Organization (WHO) was told of a “viral pneumonia” in central China, many countries have returned to pre-COVID-19 life. Not so China itself – in cities big or …
China acts to rein in yuan slump, set to raise FX risk reserve ratio to 20%
China’s central bank said on Monday it will reinstate foreign exchange risk reserves for some forwards contracts, a move that would make betting against the yuan currency more expensive in order to …
Wall Street banks review contingency plan as China-Taiwan tension escalates
While financial services executives said they view the risk of armed conflict in North Asia as low, they see tit-for-tat sanctions between the US and China that disrupt the flow of finance and trade …
Japanese leader’s trip to China in ’72 was diplomatic gamble
The Japanese leader who normalized relations with China 50 years ago feared for his life when he flew to Beijing for the high-stakes negotiations at the height of the Cold War, according to his …
China reports 999 new COVID cases for Sept 25 vs 936 a day earlier
China reported 999 new COVID-19 infections on Sept. 25, of which 295 were symptomatic and 704 were asymptomatic, the National Health Commission said on Monday.
In China, home buyers occupy their ‘rotting’, unfinished properties
For six months, home for Ms. Xu has been a room in a high-rise apartment in the southern Chinese city of Guilin that she bought three years ago, attracted by brochures touting its riverfront views…
Wall Street Banks Prep for Grim China Scenarios Over Taiwan
Global financial firms, still smarting from multi-billion dollar losses in Russia, are now reassessing the risks of doing business in Greater China after an escalation of tensions over Taiwan.Most …
China’s Maike Metals will sell assets and restructure, says chair
Maike Metals International is selling assets and studying a broader restructuring as it battles to survive a liquidity crisis, said chair He Jinbi in an interview with the Financial Times. The final …
