Sichuan Trust last week apologised to investors for missing payments on its financial products due in part to the coronavirus outbreak and global economic downturn. ( read original story …)
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China securities regulator ordered cross-border swap curbs, sources say
Bangladesh urges China to reduce trade gap
China’s Xi pledges to establish security partnership with Cambodia
China keeps an eye on AI smart glasses as privacy concerns come into focus
World’s first hotel entirely staffed by robots to open in 2027
China’s Collapsing Crude Oil Imports to Fall Further in June
The US Navy just admitted it can’t outbuild China — so it’s changing what ‘a fleet’ even means
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China’s shadow banking system under spotlight as Sichuan Trust misses payments amid economic slowdown
China Stokes a Stock-Market Mania, Risking Repeat of 2015 Bubble
Chinese stocks extended their recent rapid climb, aided by an enthusiastic chorus from the nation’s influential state media.The CSI 300 Index jumped as much as 4.2% on Monday morning, the most since … ( read…
JGBs dip as China recovery hopes boost risk appetite
Investors are looking to the auction of 0.9 trillion yen ($8.36 billion) 30-year JGBs on Tuesday as a key test of investor appetite, the first auction of that maturity since the Ministry of Finance ……
Online housing firm Beike looks to raise $2 billion in US IPO
A listing for Beike on a US exchange bucks a trend among Chinese technology firms, which are turning to domestic listings … ( read original story …)
Xu Zhangrun, outspoken critic of Xi Jinping, detained by police in Beijing
Professor had been under house arrest after writing an essay lambasting the president over his response to coronavirus … ( read original story …)
As China asserts its dominance over post-pandemic world, countries unite against Beijing’s ‘bully tactics’
It has already prompted UK Prime Minister Boris Johnson to offer British citizenship to three million Hong Kongers, not to mention take a tougher line toward China itself. Huawei, for example, can … ( read…
How to expose and counter China’s increasing aggression
There was no need to send in the People’s Liberation Army after all. Hong Kong’s freedoms were snuffed out with a pen stroke. ( read original story …)
Revenge Doesn’t Explain Rise in Chinese Property Prices
The problem, as we’ve seen time and again, is that anyone hoping for security from a market that’s heavily controlled may be in for disappointment, as the government will inevitably tighten limits … ( read…
Urumqi’s main urban area covered with 5G network
Urumqi, capital of Northwest China’s Xinjiang Uygur autonomous region, has seen 5G signals covering the main urban area of the city with more 5G base stations built this year. By the end of June, ……
China’s central bank skips reverse repos
BEIJING, July 6 (Xinhua) — The People’s Bank of China (PBOC), the country’s central bank, skipped open market operations via reverse repos on Monday. Liquidity in the banking system stays at a … ( read…
Beijing says it’s ‘strongly concerned’ by India’s decision to ban Chinese apps
Beijing is pushing back on a decision by India to ban dozens of Chinese mobile apps as tensions between the world’s most populous countries continue to rise. Zhao Lijian, a spokesperson for China’s … (…
Chip IPO tests Hong Kong-China feedback loop
SMIC more than doubled its Shanghai offer to $6.6 bln on strong demand. Its Hong Kong shares had risen sharply ahead of the mainland listing valuing the semiconductor maker at 100 times forecast … (…
China issues bubonic plague warning for Inner Mongolia city
Authorities in a city in the Chinese region of Inner Mongolia issued a warning on Sunday, one day after a hospital reported a case of suspected bubonic plague. ( read original story …)
