China granted approval for the launch of 37 retail funds, marking a significant step in the government’s endeavors to rejuvenate a sluggish stock market amid economic challenges.
Monthly Archives For August 2023
Japan calls on China to ask citizens to stop harassment in wake of Fukushima wastewater discharge
The discharge of the wastewater into the ocean, which began Thursday and is expected to continue for decades, has been strongly opposed by fishing groups and by neighboring countries.
China Stock Market Flickers As Beijing Provides Boost; Is It Real Or A False Dawn?
In other China stock market moves, Beijing loosened rules for buying stocks on margin, lowering the margin ratio to 80% from 100%. On top of that, controlling shareholders will be barred from selling …
Shenzhen Airlines Launches Direct Flight From Shenzhen to Barcelona Successfully
The flight ZH9065 with 203 passengers on board, which took off from Shenzhen of China, landed in Barcelona of Spain in the morning on August 28, marked the new direct flight has been launched …
US raises concerns by Micron, Intel with China
U.S. Commerce Secretary Gina Raimondo discussed concerns about restrictions on American businesses including Intel and Micron Technology with Chinese Commerce Minister Wang Wentao on Monday in a …
U.S. to Work with China on Economy as Downturn Worsens
The United States and China have agreed to set up working groups on commerce and trade issues, U.S. Commerce Secretary Gina Raimondo said on the first day of a four-day trip to Beijing.
Will China’s Recent Financial Policy Patchwork Mend Alibaba And Tencent?
China’s Ministry of Finance reduced its “stamp duty” on securities transactions to 0.05% over the weekend — an effort to spur market activity and boost sentiment.
China’s financial players turn to Guandan card game amidst shifting investment landscape
China’s financial professionals and corporate leaders have increasingly turned to domestic sources of funding in recent times due to a decline in foreign investment.
US, China to discuss export controls, officials say
U.S. Secretary of Commerce Gina Raimondo announced on Monday that she and her Chinese counterpart agreed to discuss export controls in an ongoing effort to ease tensions between the two global …
Wall Street’s Summer Is Almost Gone: What to Expect From Stocks, Bonds and China
Summer is almost over — at least for Wall Street. Summer doesn’t officially end until September 23 this year, but for Wall Street, summer is over starting next Tuesday. As I discussed on Friday, …
Biden’s China Investment Restrictions Won’t End Long Lasting U.S.-China Business
By many accounts, Washington and Beijing are on the verge of a major split. But both countries have too much in common to part ways over temporary geopolitical tensions.
China trip to promote ‘healthy competition’ between countries: Commerce Secretary
As Secretary of Commerce Gina Raimondo’s plane touches down in Beijing, the goal of the trip, according to the Secretary, is to promote “healthy competition.”
China won’t require COVID-19 tests for incoming travelers
TAIPEI >> China will no longer require a negative COVID-19 test result for incoming travelers starting Wednesday, a milestone in its reopening to the rest of the world after a three-year isolation …
