The China stock market has moved lower in three straight sessions, surrendering more than 150 points or 4.5 percent in that span. The Shanghai Composite index now sits just above the 3,420-point … ( read…
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China GDP: Beijing cites ‘policy flexibility’ as reason for dropping specific growth target for 14th five-year plan
China has for the first time abandoned an overall economic growth target in its next five-year plan to provide the government flexibility to cope with risks at home and abroad, the country’s top … (…
Chinese Tech Stocks Sell Off Hard as Beijing Pulls Away Punch
The index of major Chinese technology companies listed in Hong Kong has given up 20.5% of its value in less than a month. ( read original story …)
POLL-China’s new yuan loans seen falling in Feb as c.bank cools credit growth
Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=CNMSM2%3DECI money supply poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=CNNYL%3DECI new loans poll data BEIJING, March 8 … ( read original story …)
China toughens crackdown on financial crimes
BEIJING — China’s judicial and procuratorial organs stepped up efforts in 2020 to crack down upon financial crimes and offences to provide legal guarantees for the finance sector, according to work … ( read original…
The green finance challenge facing China’s banks
The vast majority of Chinese financial institutions lack knowledge of climate risks and the opportunities of carbon finance.. Read more at straitstimes.com. ( read original story …)
China is among ‘most active’ markets for mergers, Deutsche Bank top banker says
Transaction sizes are smaller, but the number of deals in Asia has picked up significantly compared with the start of 2020, according to Deutsche Bank’s Mayooran Elalingam. ( read original story …)
Beijing accuses Canberra of ‘reckless obstruction’, warns of trade impact
Beijing has accused Australia of “reckless obstruction” and warned its products are in the crosshairs of Chinese consumers. ( read original story …)
Why China Can’t End Its Romance With GDP Growth Target
In a battle between those who love or hate China’s economic growth target, a compromise appears to have emerged: a goal low enough to be more easily ignored. ( read original story …)
China Traders Turn to Bank Stocks as Market Darlings Plunge
China’s most-shunned sector is getting a rare moment in the sun as investors seek shelter from a rout in the market’s darlings. ( read original story …)
Vice-premier describes Hong Kong electoral overhaul as a ‘battle’ against subversion during meeting in Beijing
Attendees at the meeting say Vice-Premier Han Zheng made a case for the necessity of the changes to avoid a repeat of the social unrest of 2019. ( read original story …)
Beijing 2022: European ski resorts bank on successful Winter Games to increase Chinese tourism arrivals
The Chinese winter sports industry has grown at an unparalleled rate since Beijing was awarded the 2022 Winter Games in 2015. ( read original story …)
China science: 7 sectors to get extra R&D funding, support as Beijing pushes for global leader status
Artificial intelligence and quantum information are among the seven key areas China has identified as priorities for development as it seeks to become a global leader in the scientific field by 2035. ( read original…
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