Bhaskar Laxminarayan of Bank Julius Baer says China’s growth has a slight edge over the U.S. near-term, as approval of a U.S. fiscal stimulus package remains uncertain ahead of the presidential … ( read original…
FINANCE
China to step up financial support for supply chains
China will step up support for key firms engaged in supply chains in advanced manufacturing, services and trade sectors, the central bank and other state agencies said in guidelines issued on Tuesday, … ( read…
Asia Currencies Decouple From China’s Yuan in Two-Speed Recovery
(Bloomberg) — Counting on China as an anchor of strength has been a good tactic for traders of Asia’s emerging currencies. That link is losing traction as recovery paths from the coronavirus pandemic … (…
China’s Unreliable Entity List gives Beijing ‘leeway’ to take punitive actions against foreign firms
The ambiguous language in China’s new Unreliable Entity List for foreign investment gives it great leeway to take punitive actions against foreign companies, analysts said. China’s Ministry of … ( read original story …)
How China has poured billions into the Caribbean by investing in ports, roads and a five-star resort in a soft power grab – as Beijing is blamed for Barbados’s calls to drop …
China has pumped at least $7billion in investment into the Caribbean in the last 15 years, official records show, and is thought to have added tens of billions more in soft loan deals and private…
UPDATE 1-China’s Yangtze Power to raise up to $3.4 bln in London listing
China Yangtze Power Co Ltd on Wednesday launched a secondary London listing to raise up to $3.4 billion, cementing a strong post-summer period for stock market listings and providing a boost for … ( read…
U.S. Investors to Get Easy ETF Access to Ant Group and China’s Nasdaq
Ant Group has passed muster for a Shanghai IPO on the STAR Market, which soon should see its first index-tracking exchange traded funds. ( read original story …)
As China Ages, a Push to Add Elevators Offers a New Kind of Economic Relief
China’s premier wants to retrofit three million older apartment buildings all over the country, but he still needs political buy-in at the top. ( read original story …)
China Wants to Be Carbon Neutral By 2060. Is That Possible?
President Xi Jinping’s surprise announcement that China plans to go carbon-neutral by 2060 has left many questions, none more important than: “How?” … ( read original story …)
China’s state media denounce TikTok deal as ‘dirty and unfair’
Chinese state media have denounced ByteDance’s deal with Oracle and Walmart as “dirty and unfair”, saying Beijing had “no reason” to approve the agreement backed by Donald Trump. Editorials published … ( read original story…
Explainer: Foreign access to China’s $16 trillion bond market
Index provider FTSE Russell is set to decide on whether to include Chinese government bonds in its World Government Bond Index on Thursday, potentially opening the way for more foreign participation … ( read original…
As China opens services sector, overseas businesses are invited to sell anti-censorship tools — but only to other foreign companies
Move will allow overseas operators to hold 50% stakes in joint ventures with Chinese firms to supply VPNs to foreign companies in Beijing. ( read original story …)
China Will Boost Investment in Strategic Industries: State Planner
China will accelerate development of new materials to ensure stable supply chains for aircraft, microelectronic manufacturing and deep-sea mining sectors, the National Development and Reform … ( read original story …)
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