Beijing has warned it will show “zero tolerance” for financial misconduct after several high-profile bond defaults by state-owned companies roiled the Chinese debt market. Speaking at a meeting for … ( read original story …)
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Beijing promises crackdown on misconduct after bond defaults
China Planning New Policies to Take on Ageing Population: State Media
China is planning to include new measures to encourage more births and address its rapidly ageing population as part of its new 2021-2025 “five-year plan”, state media reported on Monday. China will … ( read…
China Opens Its Bond Market—With Unknown Consequences for World
The nation’s entry into the World Trade Organization rocked global commerce. The financial markets could be next. ( read original story …)
China Moon Mission Will Try To Bring Back The First Lunar Rocks In Decades
The Chang’e-5 mission will attempt to bring back rock and soil samples from a previously unexplored part of the moon, helping scientists better understand its volcanic history. ( read original story …)
China Is Set to Eclipse America as World’s Biggest Oil Refiner
Earlier this month, Royal Dutch Shell Plc pulled the plug on its Convent refinery in Louisiana. Unlike many oil refineries shut in recent years, Convent was far from obsolete: it’s fairly big by U.S. (…
How has the COVID-19 pandemic affected the crypto space? Experts answer
COVID-19 is indeed the major topic this year, and the experts that Cointelegraph spoke to have shared their views on the impact that the pandemic has had on the crypto space. ( read original story…
Xi’s aim to double China’s economy is a fantasy
Will China double the size of its economy by 2035, as President Xi Jinping proposed at a Communist party conference three weeks ago? To do so, the Chinese economy must grow annually by just over…
Week In Review: BeiGene Plans $2.5 Billion IPO On Shanghai Star Exchange
BeiGene is planning an IPO on the Shanghai Star Exchange that could raise up to $2.5 billion. BeiGene announced China approval to market Xgeva (denosumab) to prevent skeletal-related events (SREs) in … ( read original…
Family of Hong Kong fugitive detained in Shenzhen dismisses letter received from him as ‘whitewash’ by authorities
The family of a Hong Kong fugitive detained in Shenzhen has dismissed a letter sent by him as an attempt by mainland Chinese authorities to “whitewash the inhumane treatment of political prisoners”. ( read original…
Michael Pettis Chimes in China’s Growth and Debt
Morgan Stanley and the IMF are too high says Michael Petts at China Financial Markets. Longer term, Pettis forsees a surge in debt. ( read original story …)
Did Coronavirus Come from Italy? No, But China Loves the Idea
The authors of a recent study showing that the coronavirus might have been circulating in Italy far earlier than previously thought have stated that their findings do not in any way dispute the Wuhan, ……
China Evergrande’s property management arm launching US$2 billion IPO as developer seeks to pare massive debt
Evergrande Property Services, a unit of mainland China’s largest and most indebted developer China Evergrande Group, is looking to raise up to HK$15.8 billion (US$2.04 billion) from an initial public … ( read original story…
China lobby tells UK: Embrace Beijing or ‘suffer’ business backlash
The UK will lose billions of pounds in private sector investment if it does not reverse its growing hostility toward China, according to a pro-Beijing business lobby. The China Chamber of Commerce in … (…
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