Domestic tourism in China saw a robust rebound over the just-ended Golden Week holiday, encouraged by the country’s success in stamping out the novel coronavirus, although levels were still well short … ( read original…
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China Tourism Rebounds Over Golden Week but Still Below Last Year
BUZZ-COMMENT-China’s central bank surprisingly unleashes the yuan
China’s onshore yuan roared to a near 18-month peak against the dollar early Friday as mainland financial markets reopened after a week-long break. The catalyst was the central bank indicating … ( read original story…
Bonds Signal China Has Dodged Its Minsky Moment
That debt has somehow managed to stay in the complicated tubes and pipes of China’s financial system, and a Minsky Moment has been avoided — three years after the outgoing head of the People’s Bank…
China’s Growth Story Isn’t What It Seems: Diana Choyleva
The tailwinds that powered the nation’s economic rise are turning into headwinds, and Xi Jinping risks undermining the key drivers of success. ( read original story …)
China funds targeting Ant IPO rake in $9 billion from over 10 million investors
Five newly launched Chinese funds targeting Ant Group’s upcoming mega stock listing raised 60 billion yuan ($8.93 billion) cumulatively from more than 10 million retail investors, selling out within … ( read original story …)
Covax: vaccine global effort gets China’s support
Beijing joins initiative against ‘vaccine nationalism’ in contrast to US, which is not part of alliance … ( read original story …)
China polishes its image by joining WHO vaccine initiative
China will join a World Health Organization initiative aimed at ensuring fair distribution of Covid-19 vaccines around the world as part of Beijing’s latest effort to steal a public relations march on … ( read…
China Inc. Set for Biggest U.S. IPO Year Since ‘14 Amid Spat
Chinese companies are choosing to make their market debuts in the U.S., even as Beijing and Washington spar over everything from trade and coronavirus to audit access. ( read original story …)
China’s Ant: As US election nears, financial giant rushes for IPO
“Most of Ant’s business is in China and the rest of Asia so U.S. restrictions will not be a huge deal.” According to Ant’s IPO prospectus, it gets less than 5% of its revenue from…
China’s health care sector consolidation to produce global champions, says investor in newest Hong Kong IPO winner
China’s rapidly growing health care industry will consolidate … Its HK$3.3 billion (US$421 million) IPO was 27-times oversubscribed by institutional investors and 654 times by retail investors. The … ( read original story …)
China joins COVAX initiative for COVID-19 vaccine distribution
China said on Friday it has joined a global COVID-19 vaccine initiative co-led by the World Health Organization (WHO), becoming the biggest economy to date to pledge support to help buy and distribute … (…
Beijing pledges to make Chinese COVID vaccine a ‘global public good’
China has pledged to distribute any successful coronavirus vaccine it develops as a global public health good, signing up to the World Health Organisation’s COVAX platform rejected by the United … ( read original story…
In reversal, China joins global initiative to distribute coronavirus vaccines
China, along with the United States and Russia, had previously declined to join the World Health Organization-led program. ( read original story …)
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