That was true in Beijing in 2008, when the stars were Michael Phelps and Usain Bolt. But Beijing is also storied for its signature venues like the the 91,000-seat “Bird’s Nest” stadium, and the nearby…
FINANCE
China’s Pinduoduo To Join Nasdaq-100, Pushing Out NetApp
Nasdaq has announced that Pinduoduo, Inc. (PDD), will join the NASDAQ-100 Index and the NASDAQ-100 Equal Weighted Index before market open on Monday, August 24, 2020.Pinduoduo, one of China’s largest … ( read original story…
US-China tensions: Sectors Beijing and Washington to focus on for ‘economic dominance’
THE US and China will focus their efforts on three main sectors to secure “global economic dominance” over the other, international affairs analyst Agathe Demarais warned. ( read original story …)
China’s Banking Watchdog Warns Fed Easing Risks Financial Crisis
The Federal Reserve’s unparalleled stimulus risks plunging the world into financial crisis, according to the chairman of China’s banking watchdog, who also warned that bad debts at Chinese financial … ( read original story …)
China must guard against rebound in shadow lending: regulator
China must guard against any rebound in off-balance sheet lending in the so-called shadow banking sector, and must dispose of non-performing assets as soon as possible, the head of the country’s … ( read original…
CGTN: 15 years on: In China, green is new gold
Saturday marks 15 years since the proposal of the green development concept – “Lucid waters and lush mountains are invaluable assets.” Yucun Village, a flourishing hamlet in east China’s Zhejiang … ( read original story…
Delayed US-China trade review could give Beijing some breathing space as Donald Trump seeks re-election
The two sides were due to review their phase one trade deal after six months, but one observer said the delay was ‘no bad thing’. ( read original story …)
China’s Banking Sector Expected to Dispose $490 Billion of Bad Loans in 2020: Xinhua
China’s banking industry is expected to dispose 3.4 trillion yuan ($489.91 billion) of bad loans in 2020 to contain financial risks in an economy weakened by COVID-19, the official Xinhua News Agency … ( read…
Trump Says He’s ‘Looking Into’ Banning China’s Alibaba in the U.S.
U.S. President Donald Trump on Saturday said during a press conference that he was “looking into” whether Chinese technology giant Alibaba should be banned in the United States. (Reporting by Steve … ( read original…
ChiNext, Star Market, China’s rival tech boards, target Hong Kong ‘red chip’ secondary listings as competition heats up
The battlefield on which China’s Nasdaq-styled technology boards in Shanghai and Shenzhen compete for listings has expanded beyond start-ups and billion-dollar tech unicorns.The two exchanges have bee … ( read original story …)
China Plans to Expand Digital Yuan Tests to Beijing, Hong Kong
China has outlined plans for further tests of its digital currency initiative, now aiming for trials in areas including Beijing and Hong Kong.A digital renminbi trial will start in some of the country … (…
China’s top banking regulator vows to track down errant P2P operators who still owe depositors US$115 billion
With only 29 of the more than 6,000 peer-to-peer lenders remaining, China’s banking regulator plans to ease up on the crackdown by the year-end. ( read original story …)
China will promote yuan’s internationalisation, central bank says
China will make it easier for foreign investors to use the yuan to invest in Chinese bonds and stocks as it pursues the currency’s internationalisation, the central bank said on Friday, amid rising … (…
ADVERTISEMENT
