The World Health Organization has come under intense scrutiny for its handling of the coronavirus pandemic with President Donald Trump’s administration, China and Taiwan locked in a tussle of words. ( read original story …)
FINANCE
Beijing-Backed AIIB Approves Emergency Loan to China to Help With Coronavirus Response
Beijing and Chongqing have “particularly acute” financial needs in addressing health challenges as a result of their large populations, the statement said. Wealth of Knowledge is a weekly podcast … ( read original story …)
Danke Obtains WELL Silver Certification for Co-living Project in Beijing
Phoenix Tree Holdings Limited (“Danke” or the “Company”) (NYSE: DNK), one of the largest co-living platforms in China with the fastest growth, announced its Model Room Center in Beijing has received t … ( read…
EU Finance Deal Fails; U.K. Premier Remains in ICU: Virus Update
European Union finance ministers failed to agree on a recovery plan for the bloc after 16 hours of talks, driving the euro and Italian bonds lower. U.K. Prime Minister Boris Johnson’s condition … ( read…
A Month After Peak Coronavirus In China, Beijing Needs More Stimulus
Now that the coronavirus has infected China’s main trading partners, Beijing needs to save its economy after a nearly 3 month lockdown. ( read original story …)
Beijing finance firm helps 48 catering, cultural tourism SMEs resume work
Since the start of work resumption after the Spring Festival holiday, a state-owned financing guarantee company in Beijing has helped 48 small- and medium-sized enterprises (SMEs) in the cultural … ( read original story …)
Beijing Autoshow Postponed to September Due to Virus
Wealth of Knowledge is a weekly podcast featuring tips and expert insight on all things money: personal finance, careers, investing, real estate and more. The Most Important Ages for Retirement … ( read original story…
Exclusive: China’s central bank to step up easing, won’t borrow Fed playbook – sources
China’s central bank will ramp up its policy easing to support the coronavirus-ravaged economy but debt worries and property risks will prevent it from following the U.S. Federal Reserve’s steep rate … ( read original…
Mongolia’s c.bank cuts benchmark interest rate to 9% from 10%
Mongolia’s central bank has cut its benchmark interest rate to 9% from 10% and extended consumer loans by 12 months amid an uncertain environment due to the COVID-19 pandemic, which has seen 17 cases ……
ANALYSIS-To Belgrade and beyond: Beijing exports China model of virus management
Last month, six Chinese medical professionals stepped off an Air Serbia jet in Belgrade to a red-carpet welcome from President Aleksandar Vucic and an array of cabinet ministers. After elbow-bump … ( read original story…
What Is Beijing Enterprises Environment Group’s (HKG:154) P/E Ratio After Its Share Price Tanked?
To the annoyance of some shareholders, Beijing Enterprises Environment Group (HKG:154) shares are down a considerable 35% in the last month. Indeed the recent decline has arguably caused some … ( read original story …)
China’s Bank of Gansu pledges 30 bln yuan loans, report of capital injection
China’s Bank of Gansu has agreed to loan 30 billion yuan ($4.26 billion) to state firms over the next three years, after the Gansu provincial government reportedly agreed to provide a capital … ( read…
Former Citic Bank President Arrested on Corruption Charge: China Prosecutor
The top Chinese prosecutor said on Wednesday that Sun Deshun, former president of China’s Citic Bank Corp Ltd, had been arrested on a charge of corruption. ( read original story …)
