Beijing, along with several other Chinese cities, committed to easing strict lockdown restrictions earlier this month amid growing anger over the government’s ‘dynamic zero COVID’ policy, but …
Recent Posts
Beijing to strengthen role as national financial management center; BSE’s capacity to be further expanded
With this year marking the 30th anniversary of the construction and development of Beijing’s Financial Street, officials at this year’s Financial Street Forum charted a course for the capital’s future …
Credit Suisse Lays off One-Third of China-Based Investment Bankers – Sources
Credit Suisse has laid off about one-third of its China-based investment banking team and nearly half of its research department, sources with knowledge of the matter told Reuters, as part of a global …
EMERGING MARKETS-Stocks extend losses on China worries; Hungary c.bank eyed
Emerging market stocks extended loses on Tuesday on worries that China could reintroduce curbs to contain COVID-19 flare-ups, while Hungary’s forint edged higher ahead of a central bank decision where …
Marketmind: Wild Oil Ride Amid China and Crypto Woe
Although Hong Kong stocks took another outsize hit, downbeat world markets were more mixed on Tuesday as ebbing oil prices – weighed down by China’s woes and world recession fears – went on a wild…
Exclusive: China set to fine Ant Group over $1 billion, signalling revamp nears end-sources
Chinese authorities are poised to impose a fine of more than $1 billion on Jack Ma’s Ant Group, said six sources with direct knowledge of the matter, setting the stage for ending the fintech company’s…
For China, moving away from ‘zero-Covid’ is easier said than done
Covid measures even as case numbers rise, stoking anxiety among a public that has barely been exposed to the virus.
Beijing shuts museums, parks as China’s Covid-19 cases rise
Beijing shut parks and museums on Tuesday (Nov 22) while more Chinese cities resumed mass testing for Covid-19, as China fights a fresh nationwide spike in cases that has deepened concerns about its …
Coronavirus in China: ‘critical moment’ for Beijing with cases at record high
Business district Chaoyang bears brunt of the outbreak, shuts office buildings, parks and museums City faces ‘most complex and severe’ prevention and control situation since pandemic began: health …
Beijing requires COVID test results within 48 hours to enter public places – official
China’s capital Beijing reported 634 new local COVID cases for the 15 hours to 3 p.m. (0700 GMT) on Tuesday, the deputy director of city’s municipal Center for Disease Control and Prevention, Liu Xiaofeng said…
China plans stiff fines in tech-related changes to competition law
China’s market regulator proposed amendments on Tuesday to a law on unfair competition, making provisions for fines ranging as high as a 5% share of a firm’s annual revenue to punish such practices by …
China Solar Firm Longi Picks CICC for $4 Billion GDR Sale, Sources Say
Chinese solar power equipment company Longi Green Energy Technology Co. has selected China International Capital Corp. for a sale of global depository receipts in Switzerland, according to people …
China to unswervingly expand financial industry opening-up: banking and insurance regulator
VCG. China will unswervingly expand the opening-up of its financial industry and cultivate a high-class environment for market entities, a C …