Uniqlo said Friday that it will open its first global flagship store in Beijing this November, its third store of that type in mainland China. The company said it hopes the store, located in the…
FINANCE
BNP Paribas George Sun on China, Global Financial Markets
BNP Paribas Head of Global Markets for Greater China, George Sun, says he sees continued downside risk in equities and credit, with Covid-19 flaring up once again in multiple cities in China. He …
China should remove tax breaks for video gaming industry, says Securities Times
China should stop giving tax breaks to online video gaming firms because the industry has grown and some of its companies have now become globally influential players, the state-backed Securities …
China Typhoons Pose Latest Supply-Chain Threat as Ports Shut
Extreme weather in China is becoming the latest challenge to global supply chains, as a heavy typhoon season threatens to further delay goods stuck at some of the world’s busiest container …
Fitch Rates Bank of China’s MTN Notes Final ‘A’
USD500 million Secured Overnight Financing Rate floating-rate notes due 2024 issued by BOC’s Hong Kong branch – GBP300 million Sterling Overnight Index Average floating-rate notes due 2023 issued by …
China seeks policy mix to boost economic resilience
Aware of the challenges at home and abroad, China has been seeking a policy mix featuring diversified monetary tools, fiscal support and a firm commitment to opening-up to keep the economy running …
Renewed Consolidation Likely For China Stock Market
The China stock market has alternated between positive and negative finishes through the last five trading days since the end of the four-day losing streak in which it had plunged more than 210 points …
Like China, Japan and the US continue to finance overseas fossil fuel power technologies
A previous study led by Princeton University researchers found China to be the largest public financier of overseas power plants, particularly coal plants. Now, in a follow-up analysis, they report …
UK Reconsiders Letting China Enter Its Nuclear Power Industry Over Financial Risks
After UK & China reached 2015 agreement allowing Beijing to take an ownership stake in Britain’s power plants, now London is reportedly having second thoughts.
China’s finance ministry appoints 40 Hong Kong accountants as advisers to serve as bridge between city, rest of country
China’s finance ministry has appointed 40 Hong Kong accountants as advisers to act as a bridge for the industry between the city and the rest of the country, in a move a political analyst described…
Oil Drops for Third Day as China Delta Outbreak Threatens Demand
Oil declined for a third day as the coronavirus spread in China and a report showed a surprise build in U.S. crude inventories.West Texas Intermediate futures slumped as much as 3.4%. The delta strain …
China’s ambitious green targets at risk as local efforts lag
Government green energy, infrastructure targets are failing to translate into real progress at local level, says report.
BorgWarner Furthers Growth in China with Two Dual Inverter Projects
BorgWarner is making significant traction in the China mobility market, most recently with contracts to supply dual inverters for two premier Chinese OEMs. The dual inverters will be featured on both …
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