China’s policymakers are growing concerned that intensified monetary policy support has led to excessive liquidity in the banking system that isn’t being funneled into the real economy.
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Beijing Concerned Funds From Liquidity Boosts Aren’t Finding Borrowers
China slams the U.S. for interfering in Arunachal Pradesh border dispute with India
Beijing said the dispute over the northeast Indian state had nothing to do with Washington, which said this week that it was part of Indian territory.
Australia, Britain call out China for Hong Kong, South China Sea and Russia support
Australia and Britain on Friday criticised China for its actions in Hong Kong, the South China Sea and its support of Russia, after a meeting in which London and Canberra deepened their security ties.
‘Flat and shallow’: Netflix’s 3 Body Problem divides viewers in China
Eight-episode series based on Liu Cixin novels triggers accusations of ‘Americanisation’ of a Chinese story …
China Stocks Rebound Cools as Earnings Disappoint, Yuan Weakens
Chinese stocks declined Friday and were set to halt a five-week rally, weighed down by losses in Hong Kong-listed technology shares and a slew of disappointing earnings reports.
China’s 300 million migrant workers key to boost consumption, not lavish infrastructure, ex-adviser says
A former central bank adviser says China’s 1 trillion yuan (US$139 billion) of ultra-long term special bonds should be used to improve services for migrant workers as it seeks to boost consumption to …
China Mobile to Cut 5G Spending by 20% as Payback Begins
China Mobile, one of the nation’s three big mobile network operators, will lower its spending on fifth-generation wireless infrastructure by around 20 percent this year from the year before as the new …
China boosts crude oil stockpiling, but higher prices may see import pullback
China boosted inventories of crude oil in the first two months of the year, a move that gives refiners options to trim imports in coming months if they deem prices have risen too high.
Exclusive: UK’s Legal & General shelves China business licence plan, cuts headcount, sources say
British insurer and asset manager Legal & General has shelved a plan to obtain a China business licence and more than halved onshore headcount, two sources said, joining a list of global financial …
China scrutinises PwC role in $78 billion Evergrande fraud case, Bloomberg News reports
Chinese authorities are examining the role of PricewaterhouseCoopers(PwC) in China Evergrande Group’s accounting practices after the developer was accused of a $78 billion fraud, Bloomberg News …
Top Crypto Gainers on 21 March – ONDO and FLOKI
Over the past day, significant developments have emerged across various projects, ranging from fund launches to platform rollouts.
China sees rise of humanoid robots as ‘disruptive innovation’ that will spur economic growth
Just months old, the Beijing Humanoid Robot Innovation Centre says it will release a humanoid robot body soon, but core components still appear out of reach amid its tech war with the US.
Record 77 IPO Applications Were Withdrew, Canceled This Year Amid Tighter Regulatory Review
Moreover, the number of approved IPO applications fell this year. Since the beginning of January, only 26 companies completed their listings, down 50 percent from a year earlier, Wind data showed.
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