China’s president calls for efforts to make the Asian Infrastructure Investment Bank ‘a new type of development platform’ … ( read original story …)
FINANCE
Beijing Takes Over U.S. Chengdu Consulate After Forced Closure
Chinese authorities have taken over the U.S. consulate in Chengdu following its closure, the latest historic milestone marking the deterioration in relations between Washington and Beijing.The U.S. lo … ( read original story …)
Moutai Profit Rises 13% as China Liquor Market Shows Resilience
Liquor giant Kweichow Moutai Co. said its net income rose 13% in the first half of 2020 as the recovering local economy boosted demand for its ultra-premium line of baijiu, China’s national drink, … (…
China’s central bank injects 80b yuan into market
China’s central bank Tuesday pumped cash into the banking system via reverse repos to maintain liquidity. The People’s Bank of China injected 80 billion yuan ($11.45 billion) into the market through … ( read original…
China’s central bank injects 80bil yuan into market
China’s central bank Tuesday pumped cash into the banking system via reverse repos to maintain liquidity. The People’s Bank of China injected 80 billion yuan (US$11.45 billion) into the market through … ( read original…
Trump Adviser Infected; Beijing Reports New Case: Virus Update
A renewed increase in coronavirus infections around the world is presenting challenges from China to Germany. Beijing confirmed a fresh case after going weeks without, and Vietnam is battling a sudden … ( read original…
China’s central bank injects 80 bln yuan into market
China’s central bank Tuesday pumped cash into the banking system via reverse repos to maintain liquidity. The People’s Bank of China injected 80 billion yuan (about 11.45 billion U.S. dollars) into … ( read original…
U.S.-China Trade Deal In Difficult Position, Says Beige Book CEO
Leland Miller, China Beige Book chief executive officer, says it’s hard for President Donald Trump to stand behind the trade deal and be tough on China. He appears on “Bloomberg Markets.” … ( read original…
Wig Export Industry in China 2020-2024 – Affected by COVID-19, Export Volume Has Decreased in the First Five Months of 2020, but Price Kept Rising
The “Research Report of the Wig Export Industry in China 2020-2024” report has been added to ResearchAndMarkets.com’s offering. ( read original story …)
HSBC braced for grilling over Beijing links by key investors
HSBC is preparing to fend off a barrage of questions over its relationship with Beijing when it speaks to investors next week, as bosses fight to stay out of a diplomatic stand-off with the West.…
China needs to weigh economic ‘consequences’ of coronavirus stimulus, top Beijing researcher says
Gao Peiyong, vice-president at Chinese Academy of Social Sciences, says China needs to evaluate the economic consequences of its coronavirus stimulus. ( read original story …)
China Development Bank to sell green bonds in interbank, exchange markets – sources
China Development Bank CHDB.UL is planning to auction green bonds on Wednesday in both interbank and exchange markets, six sources with direct knowle … ( read original story …)
Gold surges, Asian stocks mixed amid US-China feud, pandemic
The price of gold has surged to a record of more than $1,926 per ounce and Asian stock markets are mixed amid unease about U.S.-China tensions and concern a recovery from the coronavirus pandemic migh…
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