North China’s Shanxi Province is known as the country’s “coal capital.” Local officials have been implementing reforms to diversify its once coal-oriented economy. Shanxi serves as China’s first pilot …
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Beijing warns of countermeasures as Biden administration approves first Taiwan arms sale valued at $750 million
Beijing has issued a warning shot to Joe Biden after the US State Department approved his first arms sale to Taiwan, which China said was in violation of a US-China commitment to the “one-China” …
Biden signs order to allow thousands of Hong Kong residents to stay in the U.S. amid Beijing’s crackdown
Hong Kong residents who qualify for the program will be granted a work permit for 18 months and a reprieve from deportation.
China stocks fall as Beijing’s crackdown fears hit sentiment
The blue-chip CSI300 index fell 0.6% to end at 4,948.67, while the Shanghai Composite Index lost 0.3% to 3,466.55.
Bank of Singapore names the sectors to look at amid China’s regulatory overhang
While the volatility in China’s tech sector “could take some time to clear out,” there are still attractive opportunities in certain sectors, says Eli Lee from the Bank of Singapore.
Fitch Revises Outlook on China Merchants Bank’s IDR to Positive; Upgrades VR to ‘bb+’
Fitch Ratings has revised the Outlook on China Merchants Bank Co., Ltd.’s (CMB) Long-Term Foreign-Currency Issue …
China’s Biggest Bond Trader Adds Staff in New York, London
China’s biggest broker of government bonds by trading volume is scaling up its overseas offices to attract more customers in the world’s largest financial hubs.China International Capital Corp. is …
Regulatory headwinds not to end growth trajectory of China’s massive economy – DBS Bank
China’s series of policy announcements over past weeks sent the market on a sharp fall. However. China’s regulatory initiatives are meant to strengthen, and not derail, the long-term development of …
Uniqlo to Open First Global Flagship Store in Beijing
Uniqlo said Friday that it will open its first global flagship store in Beijing this November, its third store of that type in mainland China. The company said it hopes the store, located in the…
BNP Paribas George Sun on China, Global Financial Markets
BNP Paribas Head of Global Markets for Greater China, George Sun, says he sees continued downside risk in equities and credit, with Covid-19 flaring up once again in multiple cities in China. He …
China should remove tax breaks for video gaming industry, says Securities Times
China should stop giving tax breaks to online video gaming firms because the industry has grown and some of its companies have now become globally influential players, the state-backed Securities …
China Typhoons Pose Latest Supply-Chain Threat as Ports Shut
Extreme weather in China is becoming the latest challenge to global supply chains, as a heavy typhoon season threatens to further delay goods stuck at some of the world’s busiest container …
Fitch Rates Bank of China’s MTN Notes Final ‘A’
USD500 million Secured Overnight Financing Rate floating-rate notes due 2024 issued by BOC’s Hong Kong branch – GBP300 million Sterling Overnight Index Average floating-rate notes due 2023 issued by …
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