The third China International Import Expo (CIIE) saw $72.62 billion worth of “intentional” deals signed at the event this year, up 2.1% over the prior year, state news agency Xinhua reported on … ( read…
FINANCE
The race to be China’s top fintech platform: Ant vs Tencent
As Ant Group seizes the world’s attention with its record initial public offering, which was abruptly called off by Beijing, investors and analysts are revisiting Tencent’s fintech interests, … ( read original story …)
China’s October PPI falls faster than expected
China`s factory-gate prices declined at a sharper-than-expected rate in October year-on-year, while consumer inflation eased to its slowest since 2009, data showed on Tuesday, underscoring the fragile … ( read original story …)
China’s business environment largely improved in past five years
China has largely improved its business environment during the 13th Five-Year Plan (2016-2020) period with enhanced innovation to better service efficiency. ( read original story …)
China’s inflation rate seen falling sharply on lower pork prices, subdued consumer demand
Amid a continued drop in price pressures in the current economic recovery, some economists have warned of rising risks of deflation unless Beijing maintains a sufficiently loose monetary policy to … ( read original story…
Commentary: This young, successful city marks a new era of how China does business
Early this month, on the 40th anniversary of Shenzhen’s designation as a special economic zone (SEZ), Chinese President Xi Jinping unveiled a blueprint for building the city into a trade, finance, and … ( read…
Beijing Municipal Government Conference Notes Plans to Pilot CBDC in China’s Capital
The discussion of China’s digital yuan at a regional-level conference indicates the pilot is being included in state-level planning. ( read original story …)
Brainard Faces China Questions If Biden Picks Her for Treasury
Lael Brainard may face scrutiny over her dovish comments about China as a top Obama administration official if President-elect Joe Biden chooses her to be Treasury Secretary, but people familiar with … ( read original…
China SME Banking Market 2020: Factors that Influence Choice and Behavior
The “China SME Banking Report 2020” report has been added to ResearchAndMarkets.com’s offering. The Small Medium Enterprise (SME) Report … ( read original story …)
China’s copper import boom leaves other metals cold: Andy Home
LONDON (Reuters) – China’s record-breaking copper import boom rolls on. Imports of unwrought copper were a whopping 618,000 tonnes in October, bringing the year-to-date total to 5.6 million tonnes, … ( read original story …)
For Investors, China’s Yuan Is the Big Winner From Biden Victory
Joe Biden will be the next U.S. president but for the $6.6 trillion-a-day currency trading world, the undisputed victor is China’s yuan, as investors bet trade tensions with Washington will recede and … ( read…
Deutsche Bank Raids Standard Chartered Team for China Wealth
Deutsche Bank AG has added nine Standard Chartered Plc bankers to its team servicing wealthy clients in China and Hong Kong, according to a person familiar with the matter, continuing a raid on its ……
CHINA VOICES | The unsigned op-eds that foreshadowed Ant Group IPO suspension
As Ant Group prepared to go public, the official newspaper of the People’s Bank of China warned that it was a ‘systemic risk.’ … ( read original story …)