China’s latest attempt to reverse the nation’s foreign investment slump includes pledges to offer overseas firms better tax treatment and make it easier for them to obtain visas, as officials try to …
Monthly Archives For August 2023
Shenzhen college students win five gold medals at World University Games
Sportsmen and sportswomen from Shenzhen collected five gold medals in the Summer FISU World University Games held in Chengdu, Sichuan province, from July 28 to Aug 8. Swimmer Chen Jun’er from Luohu …
China central bank seen leaving policy loan rate unchanged on Tuesday
China’s central bank is expected to keep rates on its medium-term policy loans unchanged on Tuesday, a Reuters survey showed, despite fresh signs the economic recovery is losing momentum. Tumbling …
Risk to China’s financial sector laid bare as state-backed trust firm misses US$19 million in wealth-management payments
Zhongrong International Trust’s missed payments to three firms spark fears the slow economy may trigger a liquidity crisis beyond the property sector Firm’s possible defaults ‘will sour sentiment on …
Why China’s Markets Are Being Rocked By Fears of Contagion
China’s economy and markets are wrestling with fresh financial woes as missed payments on trust products are rekindling concerns over contagion into a $2.9 trillion part of the country’s shadow …
China to strengthen financial support for flood-hit regions
BEIJING — China will enhance credit support for infrastructure reconstruction and upgrading in disaster-stricken areas to help people and businesses tide over difficulties, the National …
China’s Country Garden suspends trading of onshore bonds amid talk of debt restructuring
Country Garden, one of China’s top property developers, suspended trading in 11 of its onshore bonds on Monday, adding to speculation the company may be preparing to restructure its debt as it …
China urges banks, insurers to step up support for flood-stricken firms
China is pushing banks and insurers to step up support to flood and disaster-stricken companies and business owners to speed up their return to normal operations, its financial regulator said in a …
Shanghai Exchange urges bankers to closely vet Chinese medical firms IPOs – sources
The Shanghai Stock Exchange has urged bankers to pay close attention to the marketing practices of Chinese drug and medical equipment makers seeking initial public offerings (IPOs) amid an escalating …
Ali Rahbari to conduct Shenzhen Symphony Orchestra in China
Prominent Iranian composer and conductor Ali Rahbari will conduct Shenzhen Symphony Orchestra at the Shenzhen Belt & Road International Music Festival in China.
Import, export volume of China’s Jiangsu reaches 2.93t yuan in Jan-July
NANJING — East China’s economic powerhouse Jiangsu province recorded a total import and export volume of 2.93 trillion yuan ($409.29 billion) from January to July, the customs of Nanjing, capital …
Global Impact: US declares ‘emergency’ on sensitive tech in latest plans to restrict investment on China
Global Impact is a weekly curated newsletter featuring a news topic originating in China with a significant macro impact for our newsreaders around the world In this edition, we break down the latest …
China’s foreign minister Wang Yi pledges support for Cambodia’s changing of the guard in meeting with Hun Sen and son
Top Chinese diplomat says Beijing firmly supports Cambodia to safeguard national interests and national dignity and a greater role on world and regional stages Incoming PM Hun Manet pledges to promote …
