Some women might be upset if they were given a hair removal gadget for Valentine’s Day. But this is not the case in China, where sales of SmoothSkin’s laser hai …
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China growth forecasts slashed as Delta variant spreads across the country
China’s worst coronavirus outbreak in a year has authorities taking dramatic measures to stamp out new infections. But while locking down cities, canceling flights and suspending trade may bring the …
China building new missile silo site, say US defence experts
US defence experts say China has probably started building a new missile silo site, suggesting that Beijing is pursuing an even more rapid nuclear build-up than previously assumed. The findings are …
China reports smallest number of local COVID-19 cases since July
China on Friday reported declining numbers of new locally-transmitted COVID-19 cases for the third consecutive day, extending tentative signs that the latest month-long outbreak may be waning.
Yuan steadies ahead of Fed minutes and Beijing’s policy signals
China’s yuan was largely flat against the dollar on Friday and looked set for a marginal weekly gain, as market participants awaited next week’s Federal Reserve minutes and Beijing’s policy signals …
China’s regulatory crackdown highlights push toward financial stability and consumer protection
Paul Lukaszewski of Aberdeen Standard Investments says China’s regulatory crackdown on the property sector, for instance, is to ensure real estate companies reduce their debt levels and maintain …
The Hedge Fund Winners and Losers of China’s Sudden Crackdown
A meltdown in Chinese stocks last month caught at least half a dozen Asia-based hedge fund managers flat-footed, leaving them nursing losses and pondering Xi Jinping’s next move.
China’s Credit Expands at Slowest Pace Since February 2020
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.China added new credit at the slowest pace since February 2020 when the nation was in the depths of the…
China’s tech giants generate billions for investors — but small businesses are being squeezed
Investors in Chinese companies have been caught off guard by Beijing’s actions against homegrown tech giants, including comments on overseas-listed shares.
Australia chides China over journalist’s yearlong detention
The Australian government said Friday that it remained seriously concerned about the welfare of a Chinese-born Australian journalist a year after she was first detained in China. Foreign Minister …
China’s outstanding total social financing up 10.7% y/y at end
China’s outstanding total social financing (TSF), a broad measure of credit and liquidity in the economy, rose 10.7% to 302.49 trillion yuan ($46.6 trillion) at the end of July from a year earlier, …
Economic Watch: Green finance high on China’s agenda to achieve carbon neutrality
The timely loan is just one example of China’s booming green finance services. The Industrial Bank has been looking to green finance for a decade and a half, and was the first in China to…
2021 first-half investment in crypto surpasses 2020 record –KPMG
Investment in blockchain and crypto in the first half of 2021 was more than 100 per cent of all investments in blockchain and crypto in 2020. This was disclosed in KPMG’s ‘Pulse of Fintech H1’21’…