China’s central bank is conducting tests of a digital yuan payment system in four cities across the country, it told Reuters on Tuesday. The People’s Bank of China (PBOC) responded to Reuters’ queries … (…
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China’s central bank conducting tests of digital yuan payment system
Ping An Bank Kicks Off China Lenders’ Earnings With Profit Beat
Ping An Bank Co., the lending arm of China’s largest insurer, kicked off the earnings season for Chinese banks with better-than-estimated profit growth after ramping up loans to corporates even as the … ( read…
China Q1 fiscal revenues down 14.3% yr/yr -finance ministry
China’s fiscal first quarter revenue fell 14.3 percent from a year earlier to 4.598 trillion yuan ($649.75 billion), the country’s finance ministry said on Monday, attributing the decline to the … ( read original story…
Lesson learned on China: bring our companies back home
The Chinese Communist Party’s coronavirus has already cost American taxpayers more than $2 trillion. And that’s not even counting all the business and industry that’s been lost since the economy came … ( read original…
Northwest China Sees Return of Coronavirus Cases
A northwestern Chinese province on the frontline of the fight against coronavirus reported on Tuesday its first cases in nearly three weeks, all involving travellers from overseas, as imported … ( read original story …)
BRIEF-Shenzhen Hepalink Says OncoQuest Inc Plans To Sell Assets To South Korea’s Dual Industrial
Shenzhen Hepalink Pharmaceutical Group Co Ltd: * SAYS ITS U.S. UNIT’S JOINT STOCK COMPANY ONCOQUEST INC PLANS TO SELL DRUG-RELATED ASSETS TO SOUTH KOREA’S DUAL INDUSTRIAL CO LTD Source text in Chinese … ( read…
China’s central bank investigates house price speculation in Shenzhen
Photo: cnsphotos China’s central bank branch in Shenzhen, South China’s Guang-dong Province on Monday issued a notice that it will investigate illegal loans which poured into Shenzhen’s property … ( read original story …)
Report offers insight into China’s COVID-19 response
China Daily published a bilingual report on Tuesday detailing China’s measures to combat the COVID-19 outbreak to provide health workers and officials around the world a reference and glimpse into the … ( read original…
Chen Youwei shows up at Beijing airport by wearing a faint yellow T-shirt
Chen Youwei arrives at Bejing airport before departure today. He wears a youthful faint yellow T-shirt and overalls. ( read original story …)
China rattles sabres as world battles coronavirus pandemic
China is becoming increasingly assertive in the region as the coronavirus crisis eases on the mainland while raging elsewhere in the world, with a crackdown and sabre-rattling around Taiwan and in the … ( read…
World News Updates: Turkey Passes China in Confirmed Coronavirus Cases
Deaths in Istanbul suggest the true toll in Turkey may be higher than the government has claimed. And President Trump said he planned to close the United States to people trying to immigrate. ( read…
‘How Can I Get Through This?’ The Impact of Coronavirus on China’s Economy Is Only Just Beginning
As the world’s number two economy and biggest trading nation, what happens in China is key—and the outlook is grim … ( read original story …)
China Mobile Loses About 4 Million Subscribers in Quarter
China Mobile Ltd.’s wireless user base shrank in the first quarter as the spread of the new coronavirus shut down China’s economy and prompted millions to cancel services at the country’s largest … ( read…
