Chinese banks extended more new loans in August than the previous month, while broad credit growth quickened, pointing to continued policy support to help the economy recover from a … ( read original story …)
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China’s August new bank loans rise to 1.28 trillion yuan, more than expected
UPDATE 1-China’s Aug new bank loans rise to 1.28 trln yuan, more than expected
Chinese banks extended more new loans in August than the previous month, while broad credit growth quickened, pointing to continued policy support to help the economy recover from a … ( read original story …)
China Aug new bank loans rise to 1.28 trln yuan, slightly above estimates
Chinese banks extended 1.28 trillion yuan ($187.25 billion) in new yuan loans in August, up from July and slightly exceeding analysts’ expectations. ( read original story …)
China to stay as major manufacturing base in next 2-3 years
Manufacturers are leaving China amid intensifying trade disputes between Beijing and Washingtion, but the Asian giant will continue to dominate manufacturing operations in the next 2-3 years, … ( read original story …)
Chinese media, regulators try to chill startup euphoria ahead of Ant IPO
Chinese state media are stepping up warnings about a manic run-up in newly listed shares, seizing on a loss-making cattle breeder whose shares have surged 500% in less than two weeks. ( read original story…
Business hopes for a China reboot suffer blow
China’s top trade expo is unlikely to see Trade Minister Simon Birmingham attend because of travel restrictions. ( read original story …)
Trump’s first TikTok move: A China quagmire of his own making
When the president has faced off with China, he often ends up in a jam. And the solution to the TikTok stalemate isn’t clear. ( read original story …)
China’s Shenzhen stocks jump as Asia-Pacific markets mostly rise
Technology shares regionally were mixed in Friday trade, after their counterparts on Wall Street slipped overnight amid a recent downward trend. ( read original story …)
‘Sit, Eat, Wait for Death’: Life in the Shenzhen Sticks
Work for a day, party for three.” As romantic as it sounds, the reality is many would rather be almost anywhere else. ( read original story …)
China and India Pledge to Ease Tensions After Border Clashes
The former ministers of the two countries issued a five-point statement aimed at ending a simmering confrontation. A previous pledge was followed by the deadliest clash in decades. ( read original story …)
From Asia to Africa, China Promotes Its Vaccines to Win Friends
With pledges of a coronavirus vaccine, China is on a charm offensive to repair strained diplomatic ties and bolster engagement with other countries. ( read original story …)
Taiwan President Visits Air Defence Battery as China Tensions Rise
Taiwan, claimed by China as its own, says that Chinese forces carried out two-days of large-scale air and naval exercises off Taiwan’s southwest and in its air defence identification zone, denouncing … ( read original…
Yum China ‘well positioned’ to gain market share after pandemic: Analyst
Yum Brands China’s strong customer loyalty and active digital strategy help to pave the way for long-term success, says Aaron Ju from Tigress Financial Partners. He expects Yum to acquire market share … ( read…
