With just two weeks to go before a year-end deadline for subsidies, China’s massive utilities are pulling out all the stops to finish offshore wind projects on time.Most Read from BloombergZero Taxes, …
FINANCE
China EV, battery makers grapple with graphite squeeze
Graphite, in both natural and synthetic forms, is used for the negative end of a lithium-ion battery, known as the anode. Around 70% of all graphite comes from China, and there are few viable …
China central bank partially rolls over medium-term loans to boost liquidity
China’s central bank partially rolled over maturing medium-term loans on Wednesday as it sought to boost liquidity, while market participants expected the central bank to implement more easing …
Covid-Zero Policies and Pollution Curbs Stunt China’s Oil Demand
China, the world’s biggest buyer of crude, is set to start 2022 with a subdued appetite for oil. For that, you can blame — or thank — Beijing’s increasingly tough line on the virus, pollution,…
Canton’s proud history of modern finance
Guangzhou, a city enjoying continuous economic prosperity for thousands of years, is the cradle of finance in modern and contemporary China. Many of today’s financial systems, institutions and …
U.S. to Blacklist DJI and Seven Other China Firms, FT Reports
The U.S. will add more Chinese tech and healthcare companies including top drone maker DJI and AI giant Megvii Technology Ltd. to investment and export blacklists for alleged involvement in …
China economic indicators flash red as central bank adds liquidity
Fresh data out of China on Wednesday continued to paint a troubling picture of the world’s No.2 economy, with home prices slumping, retail sales growth slowing and unemployment inching up.
China’s yuan firms as c.bank keeps MLF rate unchanged, Fed in focus
China’s yuan firmed on Wednesday after the central bank left a key lending rate unchanged, while new data showed factory output grew faster than expected, but traders and analysts expect further gains …
Asia Stocks Mixed Amid Risks From China, Fed Pivot: Markets Wrap
Asian stocks were mixed Wednesday as traders braced for a faster withdrawal of Federal Reserve stimulus and weighed China’s economic slowdown as well as a setback from omicron for its vaccine program.
BeiGene Announces Closing of Its RMB22.2 Billion (US$3.5 Billion) Initial Public Offering on the STAR Market of the Shanghai Stock Exchange in China
BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160; SSE: 688235), a global, science-driven biotechnology company focused on developing innovative and affordable medicines to improve treatment outcomes and …
China’s Factory Output Speeds up but Retailers Struggle on New COVID Hit
China’s factory output grew faster than expected in November, supported by stronger energy production and a moderation in raw materials prices, but retail sales slowed as new COVID-19 outbreaks hit …
China cbank injects 500 billion yuan via medium-term loans, rate unchanged -statement
China’s central bank injected funds through medium-term loans into the financial system on Wednesday, while keeping the interest rate unchanged for the 20th month in a row.
China’s Central Bank Seeks Prudent Housing Policy to Support Healthy Growth
China’s central bank said it will continue to push for the healthy development of the property market and seek to prevent financial risks, reiterating a stance from top policy makers last week.
