China’s economic recovery quickened sharply in the first quarter from last year’s deep coronavirus slump, propelled by stronger demand at home and abroad and continued government support for smaller …
FINANCE
China’s first quarter GDP grows at record pace as recovery speeds up
While the reading is heavily skewed by the plunge in activity a year earlier, the increase is the strongest since at least 1992 …
Beijing’s City Government Preps Bill to Regulate Celebrity Drug Use
Beijing’s city government reviewed a new anti-drug bill tightening oversight of celebrity drug use on Wednesday, the country’s latest attempt to codify its unspoken practice of banning entertainers …
Citi To Exit Retail Banking In 13 Countries, Including India, China, To Focus On More Lucrative Wealth Management
As she unveiled strong-first quarter earnings, newly installed Citigroup CEO Jane Fraser on Thursday pulled the plug on retail banking operations in 13 countries, including India and China, in order …
Beijing skies turn yellow under cloud of sand, dust
The skies above Beijing turned yellow and air pollution soared to severe levels as a giant cloud of sand and dust particles rolled into the city, propelled by strong winds from the north of China.
China’s Economy Is Booming. Shoppers Are Skittish Anyway.
The world’s traditional growth engine is expected to report a double digit first-quarter jump. But consumers and small business aren’t fully sharing in the spoils.
China population: birth control policies should be scrapped to retain economic edge over US, says central bank
The People’s Bank of China has recommended Beijing completely abandon birth control policies or lose its economic edge over the United States.
Fitch Places China Huarong Financial Leasing on RWN
Fitch Ratings has placed China Huarong Financial Leasing Co., Ltd.’s (Huarong Financial Leasing) Long-Term Issuer …
UPDATE 1-China dollar bond issuers hit by Huarong debt concerns
Chinese corporate dollar bond issuers are facing rising financing pressure after asset management giant China Huarong Asset Management Co delayed the release of its annual results, prompting broader …
Global Internet of People, Inc. Entered into Service Contracts Worth RMB8 Million With Beijing Taxation Star Technology Co. Ltd.
Global Internet of People, Inc. (“SDH” or the “Company”) (NASDAQ: SDH), an operator of a knowledge sharing and enterprise service platform via mobile application and through local centers in China, …
China’s first quarter GDP growth seen hitting record 19% as domestic, global demand recovers: Reuters poll
China’s economy likely grew at record pace of 19% in the first quarter, rebounding from a pandemic slump early last year as demand recovered at home and abroad and as policy support for ailing smaller…
China’s company finance chiefs see business improving in 2021 as world emerges from pandemic, Deloitte survey finds
Financial controllers at companies operating in China are expecting their businesses to perform better in 2021, bolstered by the global roll-out of vaccinations and rising consumer demand in Western …
China’s Very Bad Bank: Inside the Huarong Debt Debacle
It’s been 11 weeks since Lai Xiaomin, the man once known as the God of Wealth, was executed on a cold Friday morning in the Chinese city of Tianjin.
