U.S. House panel intensifies scrutiny of Morgan Stanley over IPO linked to Uyghur forced-labor entity. | Three foreign carmakers obtain approval to deploy AI chatbots in cars in China. | Indonesia …
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Record-breaker Ma Long leads Beijing to National Games table tennis team gold
EU’s Top China Envoy Rues Uneasy Ties, Urges Reset With Beijing
Taiwan’s leader shows solidarity with Japan amid standoff with China by wielding a plateful of sushi
As Elon Musk plans a robot army, China’s humanoid bots are already on the market
Think tank calls for HK-Shenzhen airport rail link
Beijing to ban all imports of seafood from Japan: Japanese media
China underground church pastors arrested, face up to 3 years in jail, NGO head says
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In the News: US Scrutiny of Morgan Stanley HK IPO; First Foreign AI Approvals in China; and Indonesia Panda Bonds
Asia stocks trade mixed after Wall Street’s post-Nvidia jump, while China plans property relief and holds rates
Asia stocks trade mixed on Thursday following a Wall Street’s rally after Nvidia’s strong earnings eased AI valuation concerns. Sentiment was also supported by the PBoC’s decision to keep key lending …
China considers aggressive new stimulus to rescue property sector amid financial system fears – report
Chinese policymakers are reportedly considering a new, aggressive package of measures aimed at reviving their troubled housing market, as fears mount that the long crisis could now threaten the entire …
China weighing new property stimulus package as crisis drags on, Bloomberg reports
Last year, China scrapped a nationwide mortgage rate floor for individual homebuyers, seeking to bring down borrowing costs. The central bank then let the local interest rate self-discipline system, a …
China investment bank CICC to acquire two smaller rivals
Beijing is trying to cultivate first-class domestic investment banks capable of standing up to global heavyweights Read more at The Business Times.
Investment bank CICC to acquire rivals as China pushes for consolidation
China International Capital Corporation (CICC), a prominent investment bank in the country, has said it will acquire two smaller brokerages as part of a government push to create financial giants with …
Think tank calls for HK-Shenzhen airport rail link
A think tank on Thursday proposed building an inter-airport railway between Hong Kong and Shenzhen to better integrate …
2Africa Submarine Cable’s Core Infrastructure Completed China Mobile International Advances Africa’s Digital Intelligence Development
China Mobile International Limited (CMI), along with seven global partners including Bayobab, center3, Meta, Orange, Telecom Egypt, Vodafone Group, and WIOCC, has jointly completed the core 2Africa …
Investing in China provides certainty amid uncertainty, USCBC says
Despite intensified uncertainties seen this year, Sean Stein, president of the US-China Business Council, said that most US companies remain deeply committed to the Chinese market. “We’ve seen over …
China October rare earth magnet exports fall for a second month, but US shipments surge
China’s rare earth magnet exports in October fell 5.2% from a month earlier, customs data showed on Thursday, down for a second month, but shipments to the United States surged to a nine-month high. B…
China imports no US soybeans for second month, Brazil arrivals up 29%
China imported no soybeans from the U.S. for a second straight month in October even as total imports surged to a record high on purchases from South America, with buyers aiming to avert supply disruptions…
China’s top investment bank CICC plans three-way merger to compete with global giants
Merger aims to fast-track the creation of a world-class firm. Read more at straitstimes.com. Read more at straitstimes.com.
China leaves benchmark lending rates unchanged for the sixth straight month
China left benchmark lending rates unchanged on Thursday for the sixth consecutive month in November, matching market expectations. WHY IT’S IMPORTANT The steady loan prime rate (LPR) fixings …
