Bank of Communications Co Ltd, China’s sixth-largest bank by assets, reported on Friday a 14.6% decline in first-half profit as sour debt rose amid the coronavirus pandemic. It was the first time the … (…
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China’s Quiet Role in Pakistan’s Air War With India
China considers doubling investment channel for buying overseas bonds, Bloomberg News reports
Students shelter in libraries as heatwave hits eastern China
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Factbox-How China tightened its grip over its rare earth sector
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China’s BoCom bank Jan-June profit drops 14.6%, first H1 profit fall since listing
$100 Million To Be Invested In Bitcoin Mining By Digital Currency Group
Barry Silbert stands as the CEO of Digital Currency Group (DCG), and understands the age-old saying of money makes money. DCG is already established as […] … ( read original story …)
Beijing warns of possible ‘military accidents’ after US carries out ‘provocative’ operation in South China Sea
Beijing has cautioned against further US naval operations in the South China Sea, claiming that recent activities by the American side create conditions for an unintentional military confrontation. ( read original story …)
Global CFOs now have a more positive economic outlook for China than the U.S., survey shows
Global CFOs have a more positive outlook for China’s economy than they do for the economy of the United States, the Q3 CNBC Global CFO Council Survey revealed on Friday. ( read original story …)
Fire burns, cauldron bubbles — but public chopsticks trouble China’s hot pot purists
Even during normal times, eating hot pot requires protection. Customers don aprons so they won’t be splattered as they dip raw meat, seafood, vegetables and noodles into a cauldron of simmering broth. ( read original…
What is China up to in Africa? Read this book.
Many analysts are hesitant to argue that the “great powers” — rich, influential countries such as the United States and China — are going to start a new, Cold War-like conflict for influence on the…
US Warship Sails Near Disputed Islands In Tense South China Sea
An American warship sailed near the disputed Paracel Islands in the South China Sea, the US Navy has said, challenging Beijing’s claims on the resource-rich waterway and prompting a warning from the … ( read…
Sinovac’s coronavirus vaccine candidate approved for emergency use in China- source
Sinovac Biotech Ltd’s coronavirus vaccine candidate CoronaVac was approved in July for emergency use as part of a programme in China to vaccinate high-risk groups such as medical staff, a person … ( read original…
Beijing Hyundai Auto Finance fined for violating credit data management laws
By Lee Kyung-min Beijing Hyundai Auto Finance, Hyundai Capital’s corporate body in China, was fined for violating credit data management laws there amid declining profits in China … ( read original story …)
Bitmain, Ebang Among 21 Bitcoin Mining Farms Stripped of Energy Perks in Inner Mongolia
Over 20 bitcoin mining farms in China’s Inner Mongolia have been stripped of electricity perks after a clampdown by the local government. ( read original story …)
Top Philippine diplomat recommends scrapping deals with blacklisted China firms
The Philippines’ foreign minister said on Friday he would recommend the government terminates deals with Chinese firms blacklisted by the United States for their roles in constructing and militarising … ( read original story …)
Xinhua Silk Road: China’s Quanzhou rolls out multiple measures to optimize business environment
Quanzhou City, located in southeast China’s Fujian Province, has rolled out a series of measures to optimize business environment. Quanzhou … ( read original story …)
China’s factory activity likely grew at slightly faster pace in August: Reuters poll
China’s factory activity likely expanded at a slightly faster pace in August, fuelled by rising infrastructure spending and improving global demand, a Reuters poll showed on Friday, as the Chinese … ( read original story…