As twilight descended upon a forest park in eastern Beijing, a pupil unlatched a blue cage under the guidance of an animal protection professional, letting out a juvenile owl and watching as it flew …
Monthly Archives For September 2023
China’s Moutai, Luckin launch alcohol-tinged latte to woo young Chinese consumers
Kweichow Moutai and coffee brand Luckin Coffee on Monday launched in China a latte advertised as containing the fiery Chinese spirit baijiu, as the Chinese luxury liquor maker aims to pull in more younger consumers.
UPDATE 1-China’s Beijing exchange shares jump after reform measures
The Beijing Stock Exchange 50 Index jumped roughly 6% on Monday and is set to record its best daily performance, after China’s stock regulator announced reform measures including relaxing listing …
China’s Biggest Homebuilder Reels as Economy Slows
Once considered a survivor of China’s real estate turmoil, Country Garden is now at the center of the crisis and threatens the broader economy.
Property Stocks Lead China Rally as Stimulus Measures Lift Mood
Chinese stocks jumped after the nation rolled out further property support measures, the latest in an intensifying campaign to rescue to beleaguered sector that’s been dragging down the economy. Most Read from BloombergDiamond Prices Are…
China’s central bank conducts 12-bln-yuan reverse repos
BEIJING, Sept. 4 (Xinhua) — China’s central bank conducted 12 billion yuan (about 1.67 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Monday. The move aims to …
Local Chinese court argues cryptocurrency is property despite Beijing’s crackdown
Crypto property rights should be protected except when the virtual asset is used for crimes or was acquired through a crime, the court argued In Hong Kong, a landmark ruling earlier this year …
Electric Cars Power China’s Economic Hopes as Internet Titans Take a Back Seat
Investors and talent pile into China’s EV and battery industries that are increasingly engines of country’s growth.
China’s state planner to set up special bureau to support private economy
China’s central government has approved setting up a special bureau within the National Development and Reform Commission (NDRC) to promote the development and growth of the private economy, the NDRC said on Monday.
China’s NDRC to Establish a Department for Developing Private Economy
Since July, Beijing has rolled out a cascade of policy packages to boost China’s ailing private businesses, pledging more financial support and legal protection. However, it has failed to prop up weakening business confidence, as…
Beijing exchange share index jumps after reform measures
The Beijing Stock Exchange 50 Index opened up 3.6% on Monday, after China’s stock regulator introduced reform measures to improve the share market.
ASX 200, Nikkei 225, Hang Seng Index: Beijing’s Stimulus Bets and the Fed’s Next Move
Despite the Friday loss, the ASX 200 ended the week up 2.29% on Beijing stimulus measures. The big-found and mining stocks were a drag. Westpac Banking Corp (WBC) and The Commonwealth Bank of …
China’s economy has entered ‘new new normal’, leading policy adviser warns in call for systemic reform
More than 14 per cent of China’s population is aged 65 and above, posing a severe challenge to an economy struggling to regain post-Covid confidence Labour force will struggle to match structural …
