In preparation to deal with ballooning bad debts and future losses, provisions rose sharply by 656 billion yuan ($95.8 billion) for souring loans. Prudent as that may seem, the worst is yet to appear. (…
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How to watch Corona Centennial vs. Mater Dei (11/21/25) | Stream CIF-SS Football Playoffs online with NFHS Network
China enjoys marriage boom as Beijing allows weddings in nightclubs
The real reason behind China’s fury toward Japan’s Takaichi
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China’s risky challenge to Japan — and the US
Japan’s New Leader Mentions Taiwan, and Tanks Her Relationship With China
Recent Posts
China Banks Have a Problem $96 Billion Can’t Fix
Mainland China reports 8 new coronavirus cases vs 10 a day earlier
Mainland China reported eight new Covid-19 cases as of Sept 1, down from 10 a day earlier, China’s national health authority said on Wednesday. ( read original story …)
‘Only Way to Stop Provocations is by Standing up to Beijing’: US Lashes Out at China over LAC Violations
Meanwhile, the Pentagon on Tuesday slammed China for “using coercive tactics in pursuit of territorial and maritime claims in the South and East China Seas, as well as along its border with India and ……
China Rapidly Increasing Nuclear, Naval, and Next-Gen Tech, Pentagon Warns
The PLA is preparing for modern, networked warfare with more artificial intelligence, warships, and even a space station. ( read original story …)
Mainland China reports 8 new COVID-19 cases vs 10 a day earlier
Mainland China reported eight new COVID-19 cases as of Sept 1, down from 10 a day earlier, China’s national health authority said on Wednesday. The National Health Commission said in a statement all … (…
Hong Kong, China markets fall in early trading as investors weigh coronavirus vaccine delays against US economic recovery data
Hong Kong and China stocks fell in early trading on Wednesday, as investors weighed a delay in the development of a vaccine against signs of economic recovery in the United States and mainland China. (…
Citi receives China fund custody licence
A Citigroup China unit has received a domestic fund custody licence from the China Securities Regulatory Commission, the bank said on Wednesday, the latest foreign financial firm to expand its … ( read original story…
India accuses China of more ‘provocative actions’ at mountain border
India’s foreign ministry on Tuesday accused Chinese troops of taking “provocative actions” on the countries’ disputed Himalayan mountain border while commanders from both sides were holding talks. ( read original story …)
US is world’s top telecom spy while bluffing with ‘China threat’: FM
US is world’s top telecom spy while bluffing with ‘China threat’: FM. Global Times. Source: Global Times Published: 2020/9/1 23:07:17 . While the US was bluffing the world with it … ( read original story…
Donald Trump’s mega-fundraiser Elliot Broidy is on verge of being charged with plot to persuade U.S. government to handover billionaire Chinese dissident to Beijing – with …
Former top Republican fundraiser reportedly will be charged with pushing the government to end the probe of a Malaysian state investment fund and extradite a Chinese dissident. ( read original story …)
China’s Banks Aren’t Close to Hitting Bottom
This isn’t the bottom for Chinese banks’ bad loans. Be prepared for more and weaker balance sheets.China’s lenders reported large declines in net profit for the first time in decades Sunday, citing … ( read original…
China’s Digital Currency May Come With Hardware Wallets as Well
China’s digital currency might come with a hardware wallet, according to a state-owned bank’s digital yuan trial terms and services. ( read original story …)
Mainland China reports eight new COVID-19 cases vs 10 a day earlier
Mainland China reported eight new COVID-19 cases as of Sept 1, down from 10 a day earlier, China’s national health authority said on Wednesday. The National Health Commission said in a statement all … (…
