Throughout September and November, Chinese authorities imposed strict lockdowns and other COVID control measures in a futile effort to suppress outbreaks across the country. Load Error Then, in December,
Monthly Archives For February 2023
China’s real estate crisis isn’t over yet, IMF says
The IMF analysis was part of the organization’s latest report on China, following discussions with Chinese officials that ended in November. China’s property market has generally operated smoothly and “is not in a ‘crisis’ situation,
China’s latest IPO reform seen unlikely to flood markets with new issuance
Beijing published draft rules on Wednesday to broaden its fledgling registration-based IPO system, expand the U.S.-style mechanism to all corners of China’s stock market in a shift designed to speed …
Exclusive: Big stimulus unlikely as China considers steps to support consumers-sources
article with gallery 6:00 AM UTC China’s services activity in January expanded for the first time in five months as spending and travel got a boost from the lifting of stringent COVID-19 curbs, …
China objects to more nuclear sub talks among UK, U.S, Australia
China “firmly objects” to further cooperation between Britain, U.S. and Australia on nuclear submarines, its foreign ministry said in a regular briefing on Friday.
U.S.-China rewarming trade is half-full of hot air
U.S. Secretary of State Antony Blinken will meet with China’s President Xi Jinping during a visit to Beijing next week, the Financial Times reported on the same day, citing people familiar with the …
China should reconsider its ban on cryptocurrencies, says former central bank official
China issued a ban on all cryptocurrency transactions in September 2021 and cracked down on crypto trading, while promoting its CBDC pilot and blockchain technology.
Chinese chess training base opens in Luohu, Shenzhen
A brand-new training base for Chinese chess class A team opened in Luohu, Shenzhen on Jan. 30. Shenzhen’s two Chinese chess teams, including a men’s team and a women’s team, will get training at the…
China says it’s looking into report of spy balloon over US
ADDS PENTAGON RESPONSE THAT IT WOULD NOT CONFIRM – A high altitude balloon floats over Billings, Mont., on Wednesday, Feb. 1, 2023. The U.S. is tracking a suspected Chinese surveillance balloon that has been spotted…
China’s latest IPO reform unlikely to flood markets with new issuance, bankers say
SHANGHAI (Reuters) – China’s move this week to streamline stock market listing rules is unlikely to result in a flood of initial public offerings, bankers say, citing the prospect of state intervention on national security…
Will China reconsider the crypto ban? An Economist urges the govt
As a former central bank official contacted the nation to evaluate its harsh crypto regulations, the concept of easing the prohibition on cryptocurrencies has begun to circulate in China. Former …
China’s reopening is a negative for the yuan, says Credit Suisse
Max Lin of the investment bank says the yuan’s recent strength has been driven by “equity optimism” and the increment of flows into China’s stock market will … Data is delayed at least 15 minutes.
Foreign investors are looking at China’s tech sector with ‘eyes wide open,’ says analyst
Lance Noble of CLSA says China’s technology sector has reached a “higher level … A Division of NBCUniversal Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and …