China is confident of Hong Kong’s future as an international financial center, and will support its growth, a senior Chinese regulator said on Monday, amid uncertainties cast by China’s proposed new … ( read original…
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China Leaves Benchmark Lending Rates Unchanged
Last week, the People’s Bank of China injected CNY 200 billion funds into the financial system via medium-term lending facility at a rate of 2.95 percent, unchanged from the previous operation. ( read original story…
Foreign firms snap up Chinese companies despite political tensions as Beijing opens its doors
China’s economy and its hundreds of millions of consumers are now looking more attractive to many businesses and investors searching for high-growth opportunities. ( read original story …)
Americas See Bulk of Cases; Beijing Outbreak Eases: Virus Update
Brazil’s death toll from the coronavirus surpassed 50,000, while cases across the U.S. Sun Belt surged. The Americas region accounted for almost two-thirds of new cases reported by the World Health … ( read original…
China may ease green rules for electric car production this year
China’s industry ministry said on Monday it might temporarily ease quotas designed to boost production of electric cars, in an attempt to help automakers in the world’s biggest market revive sales … ( read original…
China eases green rules for petrol-electric hybrids, giving makers space to manoeuvre
China re-classified petrol-electric hybrid vehicles on Monday so they get more favourable treatment than all-petrol or diesel counterparts under new clean car rules, making it easier for automakers to … ( read original story …)
China aims to complete its own GPS system, giving Beijing military independence in case of conflict
The move is significant because it will ensure China’s military systems will remain online in the event of a conflict with the U.S., but it’s also part of Beijing’s push to increase its technology ……
China Investor Buys Dirt Cheap Bank Stocks Nobody Else Wants
But for one Shanghai-based fund manager, the value case for Chinese bank shares is now so compelling that the stocks comprise one of the biggest parts of his portfolio. Zhou Liang, founder and fund ……
China leaves benchmark lending rate unchanged for second straight month
China left its benchmark lending rate unchanged for the second straight month at its June fixing on Monday, matching market expectations, after the central bank kept borrowing costs on medium-term … ( read original story…
Trump held off China sanctions over Xinjiang to protect trade deal
President says he didn’t want to impose additional penalties while he was in the middle of a negotiation … ( read original story …)
China suspends US poultry imports from Covid-19-affected business
Ban on Arkansas meat processor comes as Beijing doubles its daily coronavirus testing capacity to identify cluster-related cases … ( read original story …)
China securities regulator proposes closer cooperation with the U.S.: Caixin
The head of China’s stock market regulator said it has proposed closer cooperation with the United States in cracking down on securities fraud and hopes the U.S. side refrains from politicising the … ( read…
Trump Says He Avoided Punishing China Over Uighur Camps to Protect Trade Talks
Well, we were in the middle of a major trade deal,” the president said, supporting an account by his former national security adviser John R. Bolton. ( read original story …)
