according to balance-of-payments data from Japan’s Ministry of Finance. A rolling 12-month sum of net buying reached 707.4 billion yen ($6.4 billion) in January. Story continues China’s loose …
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China FTSE Bond Index Inclusion to Take Much Longer Than Planned
Timeline: China’s cooperation with WHO on COVID-19 origins study
An independent expert team that studied the origins of the COVID-19 virus is scheduled to publish a full report Tuesday, according to the World Health Organization (WHO). Starting on January 14, a …
China Evergrande sells 10% stake in online unit for HKD 16.4 bln ahead of IPO
FCB, or Fangchebao, comprises a suite of platforms for buying and selling real estate and other assets including new and used cars in China. If the company does not complete an IPO on Nasdaq or…
Hong Kong’s IPO market reaches historical high in terms of total proceeds for Q1 2021, finds KPMG analysis
The Shanghai Stock Exchange also ranked among the top 5 stock exchanges with USD 6.9 billion in IPO proceeds recorded*. The analysis, from KPMG’s 2021 Q1 review of Mainland China and Hong Kong IPO …
Huawei acquired mobile payment license from Shenzhen Xunlian Zhifu
Huawei has gained mobile payment license in China after acquiring Shenzhen Xunlian Zhifu Network from Shanghai Wo Rui Ou Information Technology Co Ltd.
Shenzhen Gas orders 1+1 LNG carriers at Hudong Zhonghua
Zhang Xiaodong, president of Shenzhen Gas said that the construction of new LNG carriers could help the company to ensure LNG supply and storage.
Beijing passes new ‘patriot’ election law for Hong Kong that restricts opposition
Hong Kong (CNN)China’s government has passed a new law that will drastically restrict the right of Hong Kongers to stand for election and reshape the city’s parliament, further entrenching Beijing’s …
China May Boost Cotton Imports to Cut Xinjiang Fiber in Exports
(Bloomberg) — China could import more cotton to replace fiber from Xinjiang that’s being rejected by some Western companies and threatens to hurt its booming textile export industry. The U.S …
China issues first COVID-19 vaccination guidelines, suggesting seniors above 60 to inoculate but no booster shots for now
China’s health authorities issued the first official COVID-19 vaccination guidelines on Monday, suggesting seniors aged 60 and above get inoculated as current clinical research data showed that …
Why has the sun turned blue in Beijing?
The Chinese city of Beijing has been hit by a second sandstorm in just two weeks. The storm was brought on by strong winds coming from Mongolia and north-western China which are currently experiencing …
China sharply reduces elected seats in Hong Kong legislature
HONG KONG (AP) — China has sharply reduced the number of directly elected seats in Hong Kong’s legislature in a setback for the territory’s already beleaguered democracy movement. The changes were …
China begins vaccinating people over 60, chronically ill
People aged 60 and above and those with comorbidities will be vaccinated against coronavirus in China after inoculation of health personnel and frontline workers. According to the National Health …
H&M and Nike are facing a boycott in China over Xinjiang cotton statements
H&M, Burberry, Nike and Adidas and other western brands have been hit by consumer boycotts in China since last week over comments about their sourcing of cotton in Xinjiang. The growing rift comes as …