China Evergrande’s bonds and shares came under a second day of heavy selling pressure, as investor concerns grew about the large property developer’s financial health despite its attempt to calm such … ( read original…
Posts By admin
Evergrande potential cash crunch could roil China’s financial system- Bloomberg
China Evergrande Group (OTCPK:EGRNF) (OTCPK:EGRNY), the world’s most indebted developer, has told Chinese officials it faces a potential default that could reverberate through China’s $50T financial … ( read original story …)
China says US ‘should be held accountable for losing so many lives’ to COVID-19
SHOTLIST NEW YORK, STATE OF NEW YORK, UNITED STATESSEPTEMBER 22, 2020SOURCE: AFPTV 1. SOUNDBITE 1 – Zhang Jun, China’s ambassador to the United Nations (male, English, 16 sec): “If we do have to hold ……
China Unicom rebrands image to offer better 5G services
China Unicom, a major telecom operator in China, is rebranding its image to better attract consumers, and diversifying its 5G-powered services to tap into more business opportunities brought by the … ( read original story…
China Just Promised To Go Carbon Neutral By 2060. How Important Is That?
China’s direction is vital in the fight against climate change. But just how significant is Xi Jinping’s announcement on going carbon neutral? Experts at the University of Oxford speak to Forbes.com … ( read original…
What’s Biden’s real policy on China? Unlike Trump’s, it’s hard to know
No candidate wants to run against his own record, but President Trump’s China policy is forcing Democratic challenger Joe Biden to do just that. ( read original story …)
Shenzhen sees 20.7% annual GDP growth over 4 decades: mayor
South China’s metropolis of Shenzhen has seen its gross domestic product (GDP) grow 20.7 percent on average annually over the past 40 years, said Mayor Chen Rugui Thursday. The city is undergoing high … (…
Japan PM Suga and China’s Xi Hold First Talks by Phone on Friday: Kyodo
Japan’s new Prime Minister Yoshihide Suga and Chinese President Xi Jinping held talks by telephone on Friday, their first since Suga took over as Japan’s leaders this month, Kyodo News reported. ( read original story…
China combines QFII, RQFII schemes, expands foreign investment scope
China moved to further ease foreign access to its capital markets on Friday, officially combining two major inbound investment schemes and broadening foreign institutions’ investment scope. The … ( read original story …)
China State Media Make Rare Reports Calling Crypto 2020’s Best Performing Asset
Several Chinese state-owned media have made unusual coordinated reports describing cryptocurrencies as the year’s top performing investment. ( read original story …)
China aims to make 1 billion COVID-19 vaccine doses a year
A Chinese health official says the country’s annual production capacity for coronavirus vaccines will top 1 billion doses next year, following an aggressive government support program for construction … ( read original story …)
Britain Criticises China Over Xinjiang and Hong Kong
In a speech to the UN Human Rights Council, junior Foreign Office minister Tariq Ahmad also criticised China’s imposition of national security laws on Hong Kong. “We call on China to uphold the rights ……
Cryptocurrency helps ship 1 trillion yuan out of China to casinos, gambling every year
At least 1 trillion yuan (US$145.5 billion) worth of funds flows out of China into gambling activities every year, aggravating the country’s economic and financial security risks, according to a … ( read original story…
ADVERTISEMENT
