China said on Thursday that it would take all necessary measures to safeguard legitimate interests of Chinese companies after the United States blacklisted five Chinese firms over alleged human rights …
Tagged By banking
China’s central bank conducts 30 bln yuan of reverse repos
China’s central bank Thursday conducted 30 billion yuan (4.63 billion U.S. dollars) of reverse repos to maintain reasonably ample liquidity in the banking system. The interest rate for the seven-day …
The scrappy Hong Kong tabloid that refused to bow to Beijing
The last edition of the Apple Daily, the small scrappy Hong Kong tabloid that emerged as a champion of democracy and outspoken critic of China, has rolled off the presses, four days after the …
China urges banks, Alipay to crack down harder on cryptocurrencies
China’s central bank said on Monday it had recently summoned some banks and payment firms, including China Construction Bank (601939.SS) and Alipay, urging them to crack down harder on cryptocurrency …
Pacific Islands fear fallout as US and China jostle for geopolitical influence in region
Analysts say they could also leverage the interests of external powers to drive their own security agenda, especially if they remain united.
How China’s Tech Crackdown Benefits A-Shares
China’s recent crackdown on tech has created an unintended gap between onshore and offshore Chinese companies, with offshore firms being hit hard by new regulations, according to the Wall Street …
Corruption parade at China Development Bank gets longer
Zhang Liwu, a former official at the China Development Bank (CDB), was expelled from the Communist Party on corruption allegations in a series of graft probes that have rattled the nation’s biggest …
China Jan-May State-Owned Firms’ Profits up 170% Y/y – Finance Ministry
Profits at China’s state-owned enterprises rose 170% to 1.79 trillion yuan ($276.18 billion) in the first five months of the year versus the same period a year prior, the ministry of finance said on …
China’s GDP Surge Is Chance To Reboot Country’s Image On World Stage
The best thing Xi Jinping can do to boost China’s soft power is to lean into this recovery, and provide the stability that the rest of the globe needs.
China’s crackdown on big tech will last for a while, BlackRock says. Here’s what they’re buying instead
“This regulatory cycle is long-lasting compared to 2018,” Lucy Liu, a BlackRock portfolio manager, said during a mid-year Asia investment outlook.
China, U.S. May Hold Diplomatic Talks Next Week, FT Reports
Top Chinese and U.S. diplomats may hold talks during a Group of 20 meeting next week in Italy, the Financial Times reported, a sign the governments of the world’s biggest economies may be taking steps…
U.S., China discuss possible meeting of secretary of state, Chinese foreign minister -FT
The United States and China are discussing a possible meeting of U.S. Secretary of State Antony Blinken and Chinese Foreign Minister Wang Yi at a G20 meet in Italy next week, the Financial Times …
China’s EV maker Xpeng gets approval to list in Hong Kong -source
The listing committee of Hong Kong Stock Exchange has approved China’s electric vehicle maker Xpeng Inc (XPEV.N) for a dual primary listing in the Asian financial hub, a source with direct knowledge …
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