BEIJING – China’s non-financial outbound direct investment (ODI) reached 640.38 billion yuan in the first 11 months of the year, down 2.9 percent year-on-year, official data showed Thursday. In US …
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China’s non-financial outbound direct investment down 2.9% in Jan-Nov
Challenges tackled with financial innovation
“There has been some notable innovation in the fiscal mechanism in the past two years, and we, as researchers, believe these changes will be conducive to China’s long-term healthy growth, particularly …
China high-yield bonds are getting ‘pretty close’ to bottoming, says CIO
Monica Hsiao of Triada Capital says China high-yield bonds, which have been hit hard by the real estate debt crisis, may bottom out in the first half of 2022.
Harshest Lockdown Since COVID Outbreak: This Chinese City Suspends Public Transport, Orders Stay-At-Home to Curb Corona Spread
The Xi’an restrictions are some of the harshest since China in 2020 imposed a strict lockdown on more than 11 million people in and around the central city of Wuhan, after the coronavirus was first…
Biden Signs Bill To Ban Imports From China’s Xinjiang Over Uyghur Abuses Into Legislation
In order to punish Beijing, law was signed by Biden that will now bar all the goods from Xinjiang, and will impose sanctions on foreign entities for purchase.
China Expected to Fail Its US Trade Commitments by Year’s End
The country says it has faced world recession, pandemic issues, supply chain constraints as it strives to comply with 2020 agreement …
US Chipmaker’s Apology to China Draws Criticism
Intel receives backlash from letter to suppliers asking them to ensure Uyghur labor was not involved in making its products …
China Mobile Boosts Share Sale to World’s Second-Biggest in 2021
Load Error That would enable China Mobile to raise a total of 56 billion yuan from the sale, making it the world’s second largest offering this year after electric pickup truck maker Rivian Automotive …
Biden Signs Uyghur Forced Labor Prevention Act, Delivers Another Blow to China
Biden signed the bill blocking imports from the Xinjiang region unless it’s proven they weren’t produced with forced labor, as well as a bill for ALS treatment.
China reports 87 new COVID-19 cases on Dec 23 vs 100 a day earlier
China reported 87 new confirmed coronavirus cases for Dec. 23, down from 100 a day earlier, its health authority said on Friday.
Biden law banning imports from China’s Xinjiang over Uyghur forced labor
President Joe Biden on Thursday signed the Uyghur Forced Labor Prevention Act into law, banning imports from China’s Xinjiang region unless importers can prove the products were not made with forced …
Omicron variant: Chinese city in lockdown weeks before Beijing’s Winter Olympics
The country is redoubling efforts to control new outbreaks with a lockdown of the northern city of Xi’an after a spike in coronavirus cases …
Year-ender: Major financial events in 2021
China has made efforts to build up a multi-level capital market in 2021, with financial sector further liberalized. Market regulation and supervision has been enhanced to crack down on illegal …
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