Clean-up work continued on Wednesday near the Chinese port city of Qingdao, a day after a yet-to-be determined quantity of oil spilled into the Yellow Sea after a tanker carrying around a million …
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Beijing’s diplomacy more effective than its vaccines
Growing evidence that the Sinopharm and Sinovac immunizations don’t work as well as most Western counterparts show few signs of denting Beijing’s vaccine diplomacy efforts. With Hungary, Turkey and …
For new mayor of China’s hi-tech hub, soaring property prices may be first item on agenda
Former Guangdong vice-governor and oil industry executive Qin Weizhong is expected to be confirmed in the post next month.
China Merchants Bank, Bank of China Favored: Daiwa Capital
Leon Qi, regional head of financials and fintech research at Daiwa Capital Markets, discusses the outlook for Chinse banks and embattled distressed-debt manager China Huarong Asset Management Co.
Huarong Mess Shows China Needs U.S.-Style Financial Reform
Drama around the future of one of China’s biggest bad-debt managers is highlighting the urgent need for the country to simplify oversight of its financial system.As investors looked for clarity over a …
How China helped push corn futures to a nearly 8-year high
Corn prices hit an 8-year high Tuesday, part of a broad rally for agricultural commodities that’s stoking inflation fears. There are several drivers behind the move for maize, including strong demand …
China’s Covid recovery saw green bond issuance rebound in second half of 2020
The $18bn worth of sustainable finance instruments floated in the nation last year marked a retreat from previous highs but, with most of the bonds issued from July onwards, the recovery is under way, …
A ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.
In China’s start-up world, the rich are getting richer as investors and companies clamor for a piece of the hot U.S. IPO market — before it loses steam.
China reports 12 new COVID-19 cases vs 11 a day earlier
China reported 12 new COVID-19 cases in the mainland on April 27, up from 11 cases a day earlier, the country’s national health authority said on Wednesday. The National Health Commission, in a …
U.S. Popularity Plummets in China, Spikes in Europe After Joe Biden Inauguration: Poll
A new poll shows that China was the only country that recorded a significant drop in favorable views of the U.S. since President Joe Biden took office in January.
Nigeria now our biggest market –Crypto trading platform
Paxful, a global peer-to-peer fintech, has said Nigeria is now its biggest market with a volume of $1.5bn. It disclosed this on Tuesday in a statement, titled ‘Nigeria emerges as Paxful’s biggest …
Dominic Raab’s claim of 95% aid cut to China doesn’t add up, watchdog says
A watchdog has cast doubt on the government’s claim to be cutting aid to China by 95 per cent, pointing out that only a fraction of the budget is being reduced.Dominic Raab, the foreign secretary,…
Huarong Mess Shows China’s Need for U.S.-Style Financial Reform
Drama around the future of one of China’s biggest bad-debt managers is highlighting the urgent need for the country to simplify oversight of its financial system.