China is further opening up its financial markets to overseas investors, easing restrictions on foreign investments in securities, retail funds, private funds, banking and insurance fields. ( read original story …)
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US lags behind Russia and China for crypto adoption: Chainalysis
Recent data published by Chainalysis revealed a surprising first place for Ukraine in the Global Crypto Adoption Index 2020, followed by Russia and Venezuela. The Index looks at three on-chain metrics … ( read original…
China’s CanSino defends coronavirus vaccine candidate after experts cast doubt
China’s CanSino Biologics Inc 6185.HK, 688185.SS said on Wednesday expert opinion on its high-profile coronavirus vaccine candidate should not be followed “blindly” without sufficient clinical trial … ( read original story …)
Over 160 rights groups call on IOC chief to revoke 2022 Beijing Winter Games
BEIJING (Reuters) – Over 160 human rights advocacy groups have delivered a joint letter to the chief of the International Olympic Committee (IOC) calling for it to reconsider its choice to award China … (…
Nongfu Spring’s founder briefly becomes China’s richest man, thanks to a huge stake in bottled water IPO
The public offering of a bottled water giant has propelled its founder into the ranks of the three richest people in China, thanks to an ownership structure that reflects some potential risks of … (…
A blockbuster IPO briefly made a bottled water entrepreneur China’s richest man
Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today. Nongfu Springs, a Chinese bottled-water giant, saw its stock … ( read original story…
China’s bad financial habits crack Baccarat
The 256-year-old French crystal maker is in receivership after its owner, a cash-strapped Hong Kong wealth manager, defaulted on private loans used to acquire it, prompting a court battle. It’s safer … ( read original…
Asia-Pacific stocks decline as data shows China’s August consumer prices rose; tech shares see losses
Chinese inflation data for August released Wednesday showed the producer price index declined 2.0% in August from a year earlier, according to China’s National Bureau of Statistics. That was in line … ( read original story…
China’s Building Binge Lures Stock Pickers to Cheap Steel Mills
The Chinese steel industry has benefited more than most as its economy takes the lead in emerging from the coronavirus-crisis and supply is hard-pressed to keep up with demand. It means that China’s … (…
In Congress, New American COMPETE Act Aims To Beat China In Blockchain
Emerging technologies, such as quantum computing and blockchain technology, have expanded the horizons of humankind, drastically changing the way we exchange information and interact with the world … ( read original story …)
China reports two new COVID-19 cases vs 10 a day earlier
Mainland China reported two new COVID-19 cases on Sept. 8, down from 10 a day earlier, the country’s national health authority said on Wednesday. ( read original story …)
South China Sea: Beijing begins HUGE military upgrade in face-off with ‘provocative’ US
The new airborne allows China to carry out early warning operations, analysts explained on Monday. The latest upgrade was spotted in a picture recently published by China Military Online, the English … ( read original…
Chindata, a Bain-backed Chinese data center operator, files for an estimated $400 million US IPO
C hindata Group Holdings, an integrated data center operator focusing on Asia-Pacific emerging markets, filed on Tuesday with the SEC to raise up to $100 million in an initial pub … ( read original story…
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