Chinese e-commerce giant JD.com will go public on Thursday in Hong Kong and is expected to raise at least $3.9 billion, boosting Asia into its biggest week for initial public offerings so far in 2020.…
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China’s 240,000-cubic-meter LNG tanks could set new world record
The economic war between China and the US just intensified
China hits back at US sanctions with curbs on American defence firms
Humanoid robotics push boundaries at Beijing’s WRC 2024
China Imposes Export Curbs On 10 US Defence, Rare Earth Firms In Retaliatory Move
Beijing intensifies crackdown on telecom fraud networks
Tibetan Kids Bring Hip-Hop and Heritage to Beijing Stage
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JD.com’s $3.9 billion Hong Kong IPO sees another Chinese giant diversify away from U.S. markets
Wary of China, New York Times Will Move Part of Hong Kong Office to Seoul
A sweeping national security law passed by China in June has unsettled news organizations and created uncertainty about the city’s prospects as a hub for journalism in Asia. ( read original story …)
UK to purge Huawei from 5G by end of 2027, siding with Trump over China
Prime Minister Boris Johnson ordered Huawei equipment to be purged completely from Britain’s 5G network by the end of 2027, risking the ire of China by signalling that the world’s biggest telecoms … ( read…
China raises alarm on property bubble as ‘high-risk shadow banking’ returns amid virus lending push
To reboot the economy, China’s central bank has increased the amount of money available to banks to lend, a portion of which has been illegally funnelled into real estate. ( read original story …)
China cbank injects $57 bln via medium term loans, keeps rate unchanged for 3rd straight month
China’s central bank on Wednesday rolled over maturing medium-term loans while keeping borrowing costs unchanged for the third straight month in a row. ( read original story …)
Trump ends Hong Kong preferential status in response to ‘oppressive’ Chinese actions against city
President Donald Trump on Tuesday ordered an end to Hong Kong’s special status under U.S. law to punish China for what he called “oppressive actions” against the former British colony. ( read original story …)
China bank IPO offers StanChart profitable exit
China Bohai Bank has raised HK$13.8 billion ($1.8 billion … bank counts Standard Chartered as its second-largest shareholder with a 20% stake. After the IPO, Standard Chartered’s stake will fall to … ( read original…
China reports six new coronavirus cases for July 14
China reported on Wednesday six new coronavirus cases in the mainland for July 14, up from three cases a day earlier, the health authority said. ( read original story …)
Trump Ends Hong Kong Trade Preferences, Backs Banking Sanctions
US President Donald Trump said Tuesday he was ending trade preferences for Hong Kong and signed into law an act that authorizes sanctions on banks over China’s clampdown in the international finance … ( read…
A Spate of Bank Runs Breaks Out in China, Fueled by Social Media
Social media-fueled rumors about banks collapsing are popping up at an unprecedented frequency in China, forcing regulators and even the police to step in to calm depositors. ( read original story …)
Trump signs bill, order rebuking China, and slams Biden
President Donald Trump signed legislation and an executive order on Tuesday that he said will hold China accountable for its oppressive actions against the people of Hong … ( read original story …)
Trump signed law slapping sanctions on China for interference in Hong Kong
President Donald Trump said Tuesday that he signed legislation to impose sanctions on China in response to its interference with Hong Kong’s autonomy. Trump also said in the White House Rose Garden … ( read…
Trump signs Hong Kong sanctions bill in blow for China
Signing the sanctions bill into law marks the Trump administration’s latest move to punish China for its new national security law. ( read original story …)