Webcast: Beijing’s Early Reactions to the Biden Administration ASIA … Business and Policy programs are endowed by Huffington Foundation. We give special thanks to Bank of America, Muffet Blake, Anne … ( read original story…
FINANCE
Exit of high-carbon industries in China could bring ‘systemic financial risks,’ state media says
The pull-out of high-carbon industries in China might bring systemic financial risks, a central bank official reportedly said on Monday. ( read original story …)
American Rescue Plan: China moves to counter ‘turmoil in financial markets’ as policy divergence widens with US
Beijing is proceeding cautiously, seeking to reassure the public that leaders will continue to support the economy while trimming stimulus and refocusing on controlling financial risks. Amid this … ( read original story …)
Ford, Infiniti in spotlight on China consumer rights show
BEIJING (Reuters) – Auto brands Ford and Nissan’s Infiniti were among those companies criticised on Monday on Chinese state television China Central Television’s (CCTV) popular annual consumer … ( read original story …)
Is China Petroleum & Chemical (SNP) Worthy Stock to Pick Now?
Let’s put China Petroleum & Chemical Corporation SNP stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this … ( read…
UPDATE 1-China eases visa rules for recipients of its vaccines
BEIJING, March 15 (Reuters) – China said on Monday it will simplify visa applications for foreign nationals who have been inoculated with Chinese-made COVID-19 vaccines, its latest small step … ( read original story …)
China asks Alibaba to curtail media assets: WSJ
China’s government has asked Alibaba Group Holding Ltd to dispose of its media assets, the Wall Street Journal reported on Monday, citing people familiar with the matter. Discussions over the matter … ( read original…
China electric cars: Xpeng receives US$77 million investment from Guangdong government to strengthen expansion plan
The funds, which will be given to one of Xpeng’s subsidiaries, reinforces its commitment to building a comprehensive EV infrastructure, founder He Xiaopeng says. ( read original story …)
What China’s five-year plan could mean for venture capital’s tech sectors
China recently unveiled its strategic economic … restricts or bans activity in sensitive sectors such as aerospace and finance. The wish list includes a call to attract foreign capital to … ( read original story…
Attacks on Chinese-run factories in Myanmar vex Beijing
Attacks on Chinese-run factories in Myanmar’s biggest city drew demands Monday from Beijing for protection for their property and employees, while many in Myanmar expressed outrage over China’s … ( read original story …)
China’s wealthy find identity in growth
UBS also projects the growth of HNW financial wealth in China to consistently outpace household wealth over that period. The former, it reckons, accounted for 30% of the latter in 2019; by 2025, that ……
Brent Oil Steadies Above $69 as China’s Recovery Aids Outlook
(Bloomberg) — Oil held above $69 a barrel in London after a raft of economic data from China added to signs of recovery from the coronavirus pandemic. Brent futures traded up 0.4% after earlier ……
China keeps interest rate unchanged for 11th straight month, rolls over 100 billion yuan of medium-term loans
The rate on 100 billion yuan (US$15.37 billion) worth of one-year medium-term lending facility (MLF) loans to China’s financial institutions is being kept steady at 2.95 per cent. ( read original story …)
