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Monthly Archives For September 2022
Two C919 narrowbody jets land in Beijing as certification nears
Two of China’s C919 narrowbody jets landed in Beijing on Tuesday, flight-tracking websites showed, as the Chinese-built aircraft nears certification from the aviation regulator. The C919, China’s …
Beijing signals Digital Yuan will integrate with existing payment schemes
Beijing has slowly rolled out its Digital Yuan over the last couple of years, giving it away to promote uptake and persuading millions of merchants to accept the currency. But existing payment systems …
China’s banks face soaring NPLs as economic woes intensify
There are rising concerns over China’s banking system as the country’s lenders feel the effects of slowing growth combined with a deflating real estate market.
China Tells Banks, SOEs to Report Exposure to Conglomerate Fosun
Chinese authorities have told the nation’s biggest banks and state-owned firms to start a round of checks on their financial exposure to Fosun, one of the country’s largest non-state conglomerates, …
China Stocks Are Primed for Risk Rally to Morgan Stanley Quants
Equity traders in China are rapidly positioning for a rally in the onshore market, according to Morgan Stanley’s quantitative strategy team, which recommends clients prepare to “ride the wave.”Most Re …
China declines to say if Xi will meet Putin and Modi at summit
China’s foreign ministry declined to say whether President Xi Jinping will meet Russian President Vladimir Putin or Indian Prime Minister Narendra Modi during the Shanghai Cooperation Organisation …
China and Russia building ‘more just’ world order: Beijing
China is willing to shape the international order together with Russia in a “more just and rational direction”, a senior Chinese diplomat said as the two countries’ leaders prepare to meet this week.
Breakingviews: China congress will keep investors catastrophizing
China’s faltering economy puts the set-piece of the country’s political calendar on a big stage. The twice-a-decade Communist Party Congress starting on Oct. 16 is likely to hand an unprecedented …
Column: Europe needs China’s diesel if it does cut off Russia imports: Russell
If Europe is serious about ending all imports of Russian crude oil and refined fuels by early next year, the key to success lies in Asia, and more specifically China.
Luxury brands drop Chinese star held for hiring sex workers
Global brands including Prada and Remy Martin have cut ties with Chinese superstar Li Yifeng, after the actor was detained for soliciting sex workers.
Covid-19: China’s low infection rate justifies lack of vaccine requirement for mainland arrivals, John Lee says
Unvaccinated individuals travelling from mainland China to Hong Kong can obtain a Vaccine Pass after entering the city because of the low Covid-19 infection rate across the border, Chief Executive …
China’s tourism revenue came in at 60% of pre-Covid levels this holiday weekend
National tourism revenue for the latest long-weekend holiday reached only 60.6% of 2019 levels, according to China’ Ministry of Culture and Tourism.
