With Northeast China’s Heilongjiang Province downgrading COVID-19 risk levels in two areas from high to low, China cleared all high-risk areas on Thursday as Spring Festival holidays came to an end. ( read original story…
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Recent Posts
China clears COVID-19 high-risk areas as Spring Festival holiday season wraps up
Hong Kong delegates taken to Shenzhen for Covid jabs
A number of local delegates to the country’s top advisory body travelled across the border on Thursday morning to get their second doses of a … ( read original story …)
China inflation to rise after March – Financial News
China’s CPI may turn positive after March, the People’s Bank of China (PBOC) run newspaper – Financial News reports, citing Chinese analysts. “China is likely to face more moderate inflation in 2021 … ( read…
China Stocks’ Strong Start to New Year Falters Near Record High
Chinese stocks traded near a record as mainland financial markets opened for the first time following the Lunar New Year break. ( read original story …)
China’s Central Bank Rolls Over $31 Billion in Medium-Term Funds
China provided medium-term funds to lenders on Thursday, giving banks some relief after its cash drainage last month triggered the country’s worst liquidity squeeze since 2015. ( read original story …)
Military officers get more financial powers to better tackle China-like challenges, cut procedural delays
In a first, the Centre has given financial powers of up to Rs 200 crore to military officers below the level of vice-chief to empower the armed forces to make big-ticket capital procurement and cut…
US-China decoupling: halving investment in China could cost American GDP up to US$500 billion, report says
US Chamber of Commerce report highlights the costs of different policies as the Biden administration weighs the best strategy for facing the challenges posed by China. ( read original story …)
Financial Services Careers Throughout Asia
Moreover, throughout Hong Kong and, more broadly North Asia additional opportunities are also on the horizon. Mainland China has given clear signals indicating its interest in opening a key financial … ( read original story…
E-Commerce Platform Dmall Is Said to Plan U.S. IPO This Year
Beijing DMall E-commerce Co., an online retail service provider backed by Chinese supermarket Wumart Group, is planning an initial public offering in the U.S., according to people familiar with the … ( read original story…
Ant’s IPO Futile as Jiang Zemin, Other Powerful Men Secretly Hold Stake: Report
A reason for the IPO fiasco of BABA-SW (09988.HK)’s Ant Group was Beijing’s concern about Ant’s complex ownership structure, WSJ citing over a dozen officials and government advisers. Powerful … ( read original story …)
U.S. SPAC Boom Is Poised To Spread To China
All the major SPACs are chasing targets in China right now — especially those with pressure to close this year,” Bernstein said in an email exchange today. “Chinese companies have strong revenue … ( read…
Insights on China’s 2021 White Paper on International Development Cooperation
A major white paper has laid out China’s new vision for its global role and responsibilities in international development. In this week’s podcast, our analysts discern a China that is poised to become … (…
JD Logistics IPO expands the e-commerce empire of China’s largest retail company with third related public listing in nine months
With its fleet of delivery workers, drones and autonomous vehicles, JD Logistics has a powerful role to play in the future of delivery services in China. ( read original story …)