China’s finance ministry said on Thursday that financial institutions should lower interest rates on guaranteed loans for start-ups amid the coronavirus pandemic. It also encouraged financial … ( read original story …)
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Facing the European plan against the Chinese shock 2.0, Beijing promotes the Chinese opportunity 2.0
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Recent Posts
China asks financial institutions to lower interest rates on guaranteed loans for start-ups
China Hawks in Congress Want Beijing to Pay Compensation For Coronavirus Pandemic
Lawmakers have put forward bills and resolutions that would enable Americans to seek damages from the Chinese government. ( read original story …)
Kicked Out of China
As the coronavirus escalated to a worldwide crisis, China expelled our journalists — and surveilled our correspondents to thwart their reporting before they left. Hosted by Michael Barbaro, produced … ( read original story …)
China Dismisses U.S. Suggestion It Is Conducting Secret Nuclear Tests, Calls Report ‘Irresponsible’
The State Department report detailed activity at China’s Lop Nur site where preparations announced possible secret underground tests. ( read original story …)
Ford’s first-quarter China vehicle sales down 35% as coronavirus hits demand
Ford Motor Co (F.N) said on Thursday that its China vehicle sales in the first three months this year fell 34.9% from a year earlier to 88,770 units, as the novel coronavirus epidemic hit demand…
AP report claims China knew of pandemic danger in Wuhan even as officials downplayed risk of virus
New questions are being raised over just when China understood the potential severity of the novel coronavirus outbreak in Wuhan, and how long the country’s leaders sat on critical information that … ( read original…
As Coronavirus Fades in China, Nationalism and Xenophobia Flare
Now that the pandemic is raging outside China’s borders, foreigners are being shunned, barred from public spaces and even evicted. By Vivian Wang and Amy Qin HONG KONG — After 16 years in China, a…
China Central Bank Will Continue to Support Smaller Firms Via Targeted RRR Cuts
Since early February, the central bank has unveiled a raft of measures from cutting lending rates and making cheap loans at subsidized rates to providing payment relief to firms that have been hardest … (…
China’s Risky Wealth Products Gain New Appeal in Low Rates Era
One notable consequence of China’s efforts to stimulate economic growth: companies now have a strong incentive to make risky investments. ( read original story …)
China’s HNA raps finance department for short notice to bondholders
China’s HNA Group criticised its finance department for failing to properly arrange a bondholder meeting to discuss delaying the repayment of a $163 million bond, as it again sought to placate … ( read original…
Crypto.com Supported The Economist Intelligence Unit Research on Digital Currencies
What’s interesting is how China and Sweden were already looking at digital currency as potential pillars … About the research Digimentality—Fear and favouring of digital currency is a report from … ( read original story…
China Crypto Insider Releases More Details About PBOC’s Digital Yuan Project
Yesterday, the crypto community was shocked when local reports suggested that the Agricultural Bank of China — one of the nation’s biggest commercial banks, which is coincidentally state-owned — has … ( read original story…
Ford’s first-quarter China vehicle sales down 35% year-on-year to 88,770 units
Ford Motor Co said on Thursday that its China vehicle sales in the first three months this year fell 34.9% from a year earlier to 88,770 units, as coronavirus epidemic hit demands in the world’s…