China Evergrande Group shares have had their best start to a year since 2012 after the developer said it plans to redeem a $2 billion convertible bond early, passing a liquidity test as it looks…
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US Tells Allies To Choose Between Washington And Beijing In Intensifying AI Race
China’s economy loses steam as consumption, output miss forecasts
China’s economy slows further in July as retail sales barely grow, investment slump steepens
Xi says China needs ‘indomitable fighting spirit,’ praises Tiananmen crackdown
China Hunts for Scientific Talent. The U.S. Is Making It Easier.
China’s androids dream of outsize returns
Inside Keating’s private push to steer Albanese on China and Trump
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China Evergrande Soars After Redeeming $2 Billion Bond Early
China’s Top Financial Regulator Rejects ‘State Monopoly’ Criticism
China’s top financial regulator dismissed claims the nation is distorting its economy through “state monopoly capitalism” as pressure grows on China to … ( read original story …)
Free Crypto: Shenzhen Plans Third Digital Yuan Pilot, Giving Away $3 Million
Shenzhen will be continuing China’s digital yuan pilot program by issuing 20 million digital yuan (about $3.1 million) to citizens via a lottery. ( read original story …)
Pro-Beijing Hong Kong politicians to be vaccinated in mainland
Beijing’s politicians in Hong Kong is set to be vaccinated against Covid-19 in mainland China, ahead of the rest of the city’s population, in order to attend the Chinese Communist party’s premier … ( read…
Chinese vaping firm RLX raises $1.4 billion in U.S. IPO: source
Chinese vaping firm RLX Technology Inc sold shares in its U.S. initial public offering (IPO) on Thursday at $12 a piece, above its target range, to raise $1.4 billion, according to a person familiar ……
Beijing launches mass testing as China reports slight drop in daily COVID cases
Beijing launched mass COVID-19 testing in parts of city on Friday, while Shanghai was testing all hospital staff, as China battles the worst outbreak since March 2020. ( read original story …)
Bitcoin leads $100 billion crypto sell-off right as Biden becomes president: CNBC After Hours
CNBC’s Kate Rooney breaks down what to expect from the Biden administration in terms of cryptocurrency regulation. ( read original story …)
Chinese Vaping Firm RLX Prices U.S. IPO Above Marketed Range
Chinese e-cigarette maker RLX Technology Inc. has priced its U.S. initial public offering above a marketed range at $12 a share, according to a person familiar with the information and asked not to be ……
China-US relations: angels can triumph over evil and get ties back on track, Beijing says
President Biden mentioned that the US needs to be repaired and healed. I think the same is true for Sino-US relations,’ foreign ministry spokeswoman says. ( read original story …)
China Tightens Grip on Homegrown Fintech Firms After Ant Debacle
In late 2020, as Jack Ma’s Ant Group Co. prepared for a $35 billion initial public offering, many outside China wondered if the country’s financial technology giants were becoming a global competitive … ( read…
Shanghai imposes tougher rules on city’s property market
China’s financial hub Shanghai will impose tougher regulations on its property market in response to a recent heating up of house trading in the city. ( read original story …)
China Welcome’s Biden’s WHO Return amid ‘Grim Situation’ of US COVID-19
“China always maintains that all countries should actively support WHO’s work and jointly safeguard international public health security,” Chinese Foreign Ministry spokesperson Hua Chunying said. ( read original story …)
China sanctions 28 Trump administration figures including Mike Pompeo, Peter Navarro, John Bolton and Steve Bannon – forbidding them from entering the country or doing business …
Peter Navarro (top right) and Steve Bannon (bottom right) are among 28 figures from the Trump administration sanctioned by Beijing on Wednesday. ( read original story …)
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