But Prime Minister Scott Morrison’s furious reaction to a tweet by a Chinese diplomat and Beijing’s imposition of trade sanctions on Australian products have caused disquiet about the handling of … ( read original story…
FINANCE
China Distance Education Holdings Limited Reports Financial Results for Fourth Quarter and Fiscal Year 2020
Stock quotes by finanzen.net – Fourth Quarter 2020 Net Revenue was $65.5 Million, Exceeding Guidance – -Fourth Quarter 2020 Gross Profit was $36.7 Million, with Gross Margin of 56.0% – – Fourth … ( read…
U.S. trade czar Lighthizer’s advice for Biden on China: ‘Hold their feet to the fire’
“I think in some parts they (China) have done a reasonably good job, in other parts they haven’t,” U.S. Trade Representative Robert Lighthizer told Reuters. ( read original story …)
Inside the Cutthroat World of China Mutual Fund Livestreaming
For foreign companies trying to break into, or win, a bigger slice of the market as China opens its financial sector, it can be an alien and at times bizarre environment. Funds ba … (…
MSCI Joins Others in Dropping Some China Stocks From Its Indexes After Trump Order
MSCI will join two other market index producers and remove stocks of seven Chinese companies flagged by the U.S. from some of its global benchmarks. ( read original story …)
China reassures public of ‘balanced’ coal supply for winter as provinces cut back power to factories
Strong winter demand, buoyant industrial activity and import restrictions have caused coal prices to skyrocket in China, but Beijing says there is sufficient supply for winter. ( read original story …)
China’s Central Bank Going It Alone Spurs an Influx of Capital
China’s central bank is striking out on its own with signals of tighter monetary policy, widening a divergence with other large economies that will shape global capital and trade flows next year. With … (…
A Hong Kong pastor tried to protect democracy activists. Now his bank account is frozen
China is targeting government opponents through financial institutions using a draconian national security law that’s already led to U.S. sanctions. ( read original story …)
MSCI Says Investors Do Not Expect Biden to Change China Share Restrictions Quickly
Investors don’t expect the new administration of U.S. President-elect Joe Biden to act quickly to change new rules that bar investment in some Chinese companies, an executive for index provider MSCI … ( read original…
The Contradictions of China’s Real-Estate Boom Can’t Keep Going
Real-estate developers provide much-needed economic activity and land purchases. A squeeze on their balance sheets by the government would have impacts on international markets. ( read original story …)
Chinese Streamer iQIYI to Raise New Finance in Debt and Equity Markets
Chinese streaming platform iQIYI is returning to the U.S. financial markets for a twin-pronged capital injection. On Tuesday it unveiled plans to raise $800-900 million from the sale of debt … ( read original story…
China shares gain on recovery hopes; top chipmaker SMIC slides
Shanghai Connect daily quota used 3.8%, Shanghai->HK daily quota used -0.4% * FTSE China A50 +0.6% BEIJING/SHANGHAI, Dec 16 (Reuters) – China shares rose on Wednesday, with financials and energy … ( read original story…
China’s yuan weakens as investors await policy clarity
China’s yuan edged lower against the U.S. dollar on Wednesday despite a broadly weaker greenback, continuing to consolidate following recent gains and as traders awaited clear signals from U.S. and … ( read original story…
