In its notice on social media, the city did not identify the vaccines to be given to non-Chinese but said they would make use of ”inactivated” coronavirus, killed to ensure it cannot infect people but…
FINANCE
China’s Bank of Communications Q4 profit jumps 49%, beats estimates
China’s Bank of Communications Co Ltd (BoCom), booked a 49.2% jump in fourth-quarter net profit, its first profit gain in three quarters. ( read original story …)
China’s dual-listed tech giants lost $60 billion in market value over three days as delisting threats loom
To exacerbate matters, China’s tech firms are also facing potential challenges domestically as Beijing seeks to regulate the sector and establish new rules in industries ranging from financial … ( read original story …)
China sanctions Britons after UK joins EU move on Xinjiang
China announced sanctions on British individuals and entities Friday following the U.K. The move was the opening salvo in its latest full-bore response to criticism and sanctions from the West. A … ( read original…
China Developer Yuzhou’s Woes Deepen After Profit Warning
Concerns about Yuzhou Group Holdings Co.’s financial health are intensifying, after a profit warning from the Chinese property developer sent its bonds and shares tumbling this week. ( read original story …)
China conducts third central bank bills swap in 2021
BEIJING, March 26 (Xinhua) — The People’s Bank of China, the central bank, said it will conduct this year’s third central bank bills swap (CBS) operation on Friday to improve the liquidity of … (…
China’s Central Bank Estimates Potential Growth of Under 6%
China’s central bank estimated the maximum the economy can expand without fueling inflation, known as the potential growth rate, is under 6% in the next five years. ( read original story …)
China sanctions Britons after EU move on Xinjiang
China has announced sanctions on British individuals and entities following the U.K.’s joining the EU and others in sanctioning Chinese officials accused of human rights abuses in the Xinjiang region … ( read original story…
China is set to lead recovery of East Asian and Pacific economies, says World Bank
China’s economy will expand by 8.1% in 2021, compared with 2.3% the previous year, predicted the World Bank. China’s growth will power a 7.4% expansion in the East Asian and Pacific region this year, ……
BRICS bank issues 5 billion yuan bond in China
The BRICS New Development Bank NDB announced Thursday that it issued a 5 billion yuan about 765 million US dollars bond in … ( read original story …)
China set to lead recovery of East Asian and Pacific economies: World Bank
China is expected to lead the recovery of East Asian and Pacific economies this year, but many nations will record sub-par growth as they struggle to emerge from the coronavirus pandemic, according to … (…
New signs show that China is cracking down on debt again
A first-quarter survey by the China Beige Book found that borrowing by state-owned enterprises dropped to the lowest in the study’s roughly 10-year history. ( read original story …)
China is leaving a huge economic void in Latin America. The U.S. should step in and fill it | Opinion
From Chilean copper to Argentinian soybeans to Brazilian iron ore, China continues to vacuum up Latin America’s natural resources. China was already South America’s top trading partner before the … ( read original story …)
