Some 3,000 years after Chinese farmers domesticated soybeans, the government is calling for another biotechnology breakthrough in the seed industry to improve food security. Concerns about food supply … ( read original story …)
FINANCE
Beijing’s strong sense of crisis in Ant IPO postponement
China suspended a blockbuster initial public offering of financial technology giant Ant Group Co. two days before its planned debut on the Hong Kong and Shanghai stock exchanges. Ant was on track to … (…
China Liberal Education Holdings Limited Reports Financial Results for the First Six Months of Fiscal Year 2020
PRNewswire/ — China Liberal Education Holdings Limited (Nasdaq: CLEU) (‘China Liberal’, or the ‘Company’, or ‘we’), an … ( read original story …)
Beijing begins fundraising for 95 projects
Beijing recently unveiled 95 key projects with a fundraising … infrastructure (6.8 billion yuan), 14 in intelligent manufacturing (6 billion yuan), five in finance (12 billion yuan), 11 in … ( read original story …)
China’s central bank to cool credit growth in 2021, avoid premature policy tightening, sources say
Beijing is likely to reduce its fiscal stimulus next year and cut its 2021 budget deficit to about 3% of GDP from a target of at least 3.6% this year, sources say … ( read…
Sustainable financing and investing continues to interest China
China’s dynamic market sees scope for innovation when it comes to sustainable finance, however old habits persist when it comes to coal. ( read original story …)
China c.bank to cool credit growth in 2021, avoid premature policy tightening -sources
China’s central bank will scale back support for the economy in 2021 and cool credit growth, but fears of derailing a recovery from a pandemic-induced slump and debt defaults are likely to prevent it ……
Ant and Tencent halt bank deposit shopping as Beijing cracks down
China’s leading fintech companies such as Alibaba Group Holding affiliate Ant Group have removed smartphone app features that allow users to shop around for bank deposits that offer high rates, as … ( read original…
China c.bank will step up financial support for key sectors, weak links in the economy
BEIJING, Dec 21 (Reuters) – China will step up financial support for key sectors and weak links in the economy, the People’s Bank of China said on Monday. China will appropriately extend policies to ……
Ant and Tencent take down bank deposit app as Beijing cracks down
China’s leading fintech companies such as Alibaba Group Holding affiliate Ant Group have removed smartphone apps that allow users to shop around for bank deposits that offer high rates, as concerns … ( read original…
China’s central bank to issue 10b yuan of bills in Hong Kong
BEIJING — China’s central bank plans to issue 10 billion yuan (about $1.53 billion) worth of bills in Hong Kong on Wednesday. Dutch bidding will be adopted as the tender mode for the fixed-rate bill,…
China central bank dismisses criticism of its financial regulation, urges ‘realistic’ appraisal of environment
China’s central bank has hit back at criticism of its regulatory failures by outspoken former finance minister Lou Jiwei over the weekend. ( read original story …)
U.S. soft power agency created to counter China pledges $2 billion in renewable energy push
A taxpayer-funded agency called the U.S. International Development Finance Corporation (DFC) is committing up to $2 billion to address energy scarcity across the world, according to a new Memorandum … ( read original story …)
