Chinese banks extended 1.81 trillion yuan (£205.11 billion) in new yuan loans in June, up 22% from May and slightly exceeding analysts’ expectations. ( read original story …)
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China June new bank loans rise to 1.81 trillion yuan, beat forecast
China bank lending hits record $1.73 trillion in first half after solid June
New bank lending in China rose 22.3% in June from May as authorities continued to boost credit and ease policy to get the world’s second-largest economy humming again after a sharp coronavirus-induced … ( read…
China auto sales off 22.4% in first half of 2020
China’s auto sales rose 1.8% in June over a year earlier but were down by double digits for the first half of 2020 after the country shut down to fight the coronavirus, an industry group…
China vows retaliation against US sanctions over Xinjiang
China said Friday it will retaliate against U.S. officials and institutions following Washington’s imposition of sanctions on three local officials of the ruling Communist Party over human rights … ( read original story …)
Surging truck sales boost China’s auto sector revival in June as economy upshifts
Auto sales in China rose 11.6% in June from a year earlier to 2.3 million units, driven largely by strong demand for trucks and other commercial vehicles as Beijing ramps up infrastructure spending to ……
Swedish court finds ex-envoy to China not guilty in Gui Minhai case
A Swedish court on Friday found a former ambassador to China not guilty of exceeding her authority in dealings with a foreign power in connection with a meeting aimed at helping free bookseller Gui ……
WHO Experts in China to Begin Investigation of Coronavirus Origins
The last WHO coronavirus-specific mission to China was in February, after which the team’s leader, Canadian doctor Bruce Aylward, praised China’s containment efforts and information-sharing … ( read original story …)
Cash flows into China funds fuel fears of 2015 boom-bust repeat
Investors poured the most cash into China funds since July 2015, BofA said on Friday, even as fears grew of a repeat of the 2015-16 bubble that saw the benchmark Shanghai index fall more than…
TikTok May Make Changes to Distance Itself From China Amid U.S. Pressure
Officials from ByteDance, the Beijing-based tech startup that owns the short-form video app, are now mulling a shake-up of TikTok’s corporate structure, a new report suggests. ( read original story …)
U.S.-China Tensions Rise Amid Hong Kong and Trade Concerns
While the U.S. deals with the novel coronavirus, racial injustice and a presidential campaign, tensions with China continue to unfold. WSJ’s Gerald F. Seib explains. Photo: Wang Zhao/AFP … ( read original story …)
Traders Bet on Rally for China’s Markets
A dramatic rally in shares of Chinese companies has unleashed a frenzy of trading activity, with many investors positioning for an even bigger advance. ( read original story …)
UPDATE 1-China Bohai Bank raises $1.78 bln in Hong Kong IPO -sources
China Bohai Bank has raised $1.78 billion after pricing its shares at HK$4.80 as it carried out the largest initial public offering in Hong Kong so far in 2020, two sources with direct knowledge of…
China Auto Sales Bounce Back From Coronavirus-Hit Worst-Ever Quarter
China’s auto market continued to rebound from damage from the new coronavirus, though dealerships haven’t turned optimistic about consumer sentiment. ( read original story …)
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