China is building tens of thousands of 5G base stations every week. Whether it wins technological dominance or not, domestic supply chains may be revived and allow the country to maintain – and … ( read original story …)
FINANCE
China Renews Push for Increased Global Role for the Yuan
Faced with the prospect of restricted access to U.S. dollars, China’s answer is to get more people to use its own currency instead.The increasing spillover of Sino-American tensions into the financial … ( read original…
China Roundup: Tech giants take stance on Beijing’s data control in Hong Kong
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. The law has important ……
China’s Rebound Fuels Emerging Market Optimism
Emerging markets have a lot going for them right now.Putting aside the worrying rise in Covid-19 cases, the positive narrative for investors in developing economies remains intact. China’s economy … ( read original story …)
Who wins, who loses in China’s plans for a Greater Bay Area wealth management hub?
Banks that straddle China’s borders look set to be the major beneficiaries of a new wealth management scheme catering to over 70 million people living in the Greater Bay Area.Meanwhile, private … ( read original…
China Congestion And Stubborn Storage Buoy Tanker Rates
Good news for tanker rates: Port congestion is on the rise, particularly in China. Floating storage is down from its peak, but there’s a very long way to go before all those cargoes are unloaded.…
China’s Banking Watchdog Warns of Sharp Rebound in Bad Loans
China may face a sharp rebound in non-performing loans after virus-relief incentives delayed the reflection of risk exposure on the balance sheet of lenders. The bad-loan ratio rose 8 basis points … ( read original…
China’s bank and insurance sectors facing rises in non-performing assets -regulator
China’s banking and insurance sectors are facing increasing pressure from rises in non-performing assets, the China Banking and Insurance Regulatory (CBIRC) said on Saturday. ( read original story …)
China’s Banking Sector Faces Multiple Challenges After COVID-19
From the economic toll of COVID-19 to the long-term implications of reforms, China’s banking sector needs to tread carefully. ( read original story …)
CFLD Named in World’s Top 10 Most Valuable Real Estate Brands by Brand Finance
China Fortune Land Development (CFLD) has been valued as one of the World’s Top 10 Most Valuable Real Estate Brands in Brand Finance’s 2020 report. Chinese brands took 20 of the 25 places, with ……
ReTo Eco-Solutions Selected for High Visibility Chinese Expressway Project Linking 2022 Beijing Winter Olympics Competition Zones
ReTo Eco-Solutions, Inc. (the “Company,” “we” or “ReTo”) (NASDAQ: RETO), a one-stop, total technology solutions provider for the healthy improvement of ecological environments, today announced it was … ( read original story …)
Coronavirus: Beijing’s economic recovery from June outbreak offers hope ahead of China GDP release
The sight of more than a dozen patrons sitting on stools outside a popular barbecue restaurant on Beijing’s famous Gui Jie food street waiting to be seated is not only good for China’s services ……
China Credit Growth Accelerates in June as Economy Recovers
China’s credit growth picked up in June amid strong demand for loans via banks and informal channels, signaling that the economic recovery is continuing into the third quarter.Aggregate financing was … ( read original story…
