At the end of June, the discount rate on semi-annual and three-month interbank bills issued by state-owned and joint-stock commercial banks sank to 1.4 and 1 percent, respectively. But new yuan loans …
Monthly Archives For August 2023
Hong Kong IPO Candidates No Longer Have to Flag China Risks
Companies from mainland China that are preparing to go public in Hong Kong are no longer required to inform investors of the risks they face back home. The city’s stock exchange on Tuesday repealed a…
Beijing, northern cities boost recovery efforts after typhoon disaster
Beijing and nearby cities stepped up rescue and recovery work on Tuesday after rains and widespread flooding brought by remnants of Typhoon Doksuri disrupted utility services and food supplies and claimed at least 20 lives.
China is still waiting for a ‘big bang’ economic fix as Beijing grapples with more bad news
China’s manufacturing sector contracted in July, multiple indexes showed, with policymakers also struggling to address deflation and stagnant growth.
China’s Leapmotor unveils new manufacturing platform, wants others to use it
SHANGHAI (Reuters) -Chinese electric vehicle maker Zhejiang Leapmotor Technology unveiled on Monday a new platform it developed in-house for making vehicles, which its chief executive said it wants to license to other automakers.
Beyond a Mega City: Investing in China’s Mega City Clusters – New Dezan Shira & Associates Publication
We discuss the investment opportunities and business incentives offered by China’s most investor-friendly mega city clusters.
Chairman of China’s ‘little giant’ in chip materials returns after 8-month absence amid anti-corruption campaign
Xie Haihua has resumed his duties as chairman after being taken away to assist authorities in an investigation, Darbond Technology announced.
China unveils detailed measures to bolster private economy
BEIJING — China’s top economic planner on Tuesday unveiled a series of detailed measures including tax reductions and cutting red tape to boost the private economy after a general guideline was …
Column: China’s weak PMI means good news for commodities, for now
Bad news for China’s economy appears to spell good news for commodities, with prices of copper and iron ore gaining on hopes for new stimulus measures after yet another weak indicator.
China curbs drone exports over ‘national security concerns’
China will place export controls on drone and drone equipment in order to “safeguard national security and interests,” its commerce ministry announced Monday, in a move that could impact the war in Ukraine.
Rain pelts Beijing, northern China for fourth day, killing at least 11
Relentless rain stretched into a fourth day in Beijing and nearby cities on Tuesday as a weakening typhoon brought non-stop precipitation and widespread flooding to northern China, so far claiming 11 lives.
China allocates $15.35 mln for rescue work in Beijing-Tianjin-Hebei after heavy rains- state media
China’s finance ministry and emergency management ministry on Tuesday allocated 110 million yuan ($15.35 million) for rescue work in the Beijing-Tianjin-Hebei area after heavy rains, CCTV news reported.
11 dead and 27 missing in flooding around Beijing after days of rain, Chinese state media report
Chinese state media report 11 people have died and 27 are missing as rains flood the capital, Beijing, and the mountains surrounding it.
