BEIJING–Half of China’s 1.4 billion people will be infected by the novel coronavirus in the coming months, analysts said, based on trends seen after the government eased its “zero COVID-19 …
Monthly Archives For March 2023
One of China’s richest women takes over for her father at real estate developer Country Garden
One of China’s richest women has fully taken over Country Garden, a top real estate developer, after her father resigned, which added to a string of prominent entrepreneurs retreating from their posts …
Germany’s Scholz to China: Don’t Arm Russia, but Talk to Ukraine on Peace Plan
German Chancellor Olaf Scholz holds a government statement on the subject of “One year of the times-turn – strengthen Germany’s security and alliances, continue to support Ukraine” during a plenary …
China willing to play constructive role in debt talks
China is willing to “constructively” participate in solving the debt problems of relevant countries under a multilateral framework, Premier Li Keqiang said on Wednesday. China, the world’s largest …
Factbox: What to look for as China kicks off its annual session of parliament
China’s rubber-stamp parliament, the National People’s Congress (NPC), begins its annual session on Sunday and is expected to unveil the biggest government reshuffle in a decade as Beijing confronts a …
China leads US in global competition for key emerging technology, study says
China has a “stunning lead” in 37 out of 44 critical and emerging technologies as Western democracies lose a global competition for research output, a security think tank said on Thursday after …
China’s March imports of Russian oil may hit record – shiptracking data
China’s seaborne imports of Russian oil are set to hit a record this month after refiners took advantage of cheap prices as domestic fuel demand rebounded, but Russia’s plan to cut exports will likely …
What is conflux? The crypto linked to China’s blockchain ambitions
Conflux has emerged as one of the best performing crypto assets of 2023 riding on a wave of new-found enthusiasm for crypto within China.
We’re ‘modestly bullish’ on China’s A-share markets, says investment management firm
Jundong Zhang of China International Capital Corporation says that comes “on the back of positive growth prospects” and consumption may recover faster than expected.
Property developer China Vanke raises nearly $500 mln in Hong Kong share sale
China Vanke Ltd said on Thursday it had raised $498.2 million by selling 300 million shares at HK$13.05 ($1.66) each, in the first test of investor appetite towards a mainland developer share sale in …
Property developer China Vanke to raise $500 mln via share placement – term sheets
China Vanke Co Ltd is seeking to raise around $500 million via a new share placement in Hong Kong, according to term sheets seen by Reuters, in a first major test of offshore investor appetite…
China’s March imports of Russian oil may hit record
Hefty Chinese buying, alongside robust Indian demand, has been spurred by steep price discounts but is providing Moscow much-needed revenue after the Group of Seven imposed a USD 60 price cap on …
Budweiser APAC bets on post-COVID China thirst for premium beer
Budweiser Brewing Co APAC, Asia’s largest beer company by sales, said on Thursday it will expand into more Chinese cities with its premium products as it sees a rebound in demand after the country …