Asian equities advanced on Tuesday and the dollar slipped, with investor sentiment supported by Chinese data and optimism about COVID-19 vaccines. ( read original story …)
NEWS
Fee bonanza on China’s STAR Market IPOs passes by Western banks
A fee bonanza on China’s Nasdaq-style STAR Market, which is set to surge with Ant Group’s mega-listing, is passing Western banks by due to their limited local presence and worries about a unique … (…
China Says 12 Fleeing Hongkongers Held in Shenzhen Are ‘Separatists’
Twelve activists detained in the southern Chinese city of Shenzhen after they tried to flee Hong Kong in a speedboat have been accused of “separatism” by a foreign ministry spokeswoman in Beijing. ( read original…
Trump administration blocks some Xinjiang goods from China suspected of being made with slave labor
The Trump administration issued new import restrictions on Monday against Chinese companies it accuses of using slave labor, including products from suspected mass prison camps in China’s western … ( read original story …)
China’s foreign trade, foreign investment better than expected: stats bureau
China’s foreign trade and investment performance has been better than expected, the spokesman for China’s statistics bureau said on Tuesday. ( read original story …)
China coronavirus vaccine may be ready for public in November – official
Coronavirus vaccines being developed in China may be ready for use by the general public as early as November, an official with the China Centre for Disease Control and Prevention (CDC) said. ( read original…
China’s August property investment growth hits 16-month high
China’s real estate investment rose at the fastest pace in 16 months in August, supported by robust sales, as the property market helped underpin the post-COVID economic recovery. Real estate … ( read original story…
U.S. Ambassador to China to step down amid escalating tension
The U.S. ambassador to China is stepping down next month. Terry Branstad’s announcement comes amid increasingly strained relations between the two countries. CBSN contributor Isaac Stone Fish, senior … ( read original story …)
UPDATE 1-China’s Aug property investment growth hits 16-mth high
China’s real estate investment rose at the fastest pace in 16 months in August, supported by robust sales, as the property market helped underpin the post-COVID economic recovery. ( read original story …)
WRAPUP 1-China’s Aug industrial output accelerates, retail sales turn up in boost to recovery
China’s industrial output growth accelerated in August, while retail sales expanded for the first time this year, suggesting the economic recovery is gathering pace as demand starts to improve more … ( read original story…
US Ambassador To China Terry Branstad Resigns Amid High Tensions Between Washington And Beijing
The current U.S. ambassador to China, Terry Branstad, announced his resignation on Monday, and will now reportedly work on President Donald Trump’s reelection campaign. ( read original story …)
Tencent, others to buy $516.12 million worth shares in China Evergrande New Energy Vehicle
China Evergrande New Energy Vehicle Group Ltd said on Tuesday investors including Tencent Holdings Ltd and Sequoia Capital will buy HK$4 billion ($516.12 million) worth of company … ( read original story …)
China c.bank injects 600 bln yuan of medium-term loans, rates unchanged
China’s central bank on Tuesday injected 600 billion yuan ($88.13 billion) worth of medium-term loans into the banking system while keeping borrowing costs unchanged for the fifth straight month. ( read original story …)
