The Tesla boss and digital prankster is striking a chord at a time of disillusionment with the tech industry and its leading tycoons. ( read original story …)
Tagged By banking
GoHigh Teams with Jinmao, Beijing Capital to Buy Former Kuaishou HQ for $410M
GoHigh Capital says that it bought Block D of the Qidi Science and Technology complex in Tsinghua Science and Technology Park. ( read original story …)
China approves plan to veto Hong Kong election candidates
China’s rubber-stamp parliament voted Thursday for sweeping changes to Hong Kong’s electoral system – including powers to veto candidates – as Beijing moves to ensure only “patriots” run the city … ( read original story…
Michael Pettis on Persistent Imbalances in Post-Pandemic China
Hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance, and economics. By some measures, the Chinese economy did better in 2020 than just about … (…
China’s central bank to focus on continuity, no major policy shifts
The People’s Bank of China, the central bank, will not make any major policy shifts this year and will instead deploy more financial resources to support the real economy, a senior official said ahead ……
ANZ Bank to Shift Roles, Cut Jobs at Service Center in China
Australia & New Zealand Banking Group Ltd. plans to cut jobs at a service center in China, shifting some of the positions to India, the Philippines and Australia as part of a global restructuring. (…
A tough-on-China GOP is split on whether to boycott the China Olympics
Some Republicans want to pull out, but others say there are better ways to highlight Beijing’s human rights abuses. ( read original story …)
China turns its back on Bangladesh BRI coal projects
Beijing decision a rare signal of its hesitancy to fund polluting projects as part of the Belt and Road Initiative … ( read original story …)
China Lawmakers Wrap Whirlwind Session Focused on Managing Risks
China will bring its biggest annual political gathering to a close, with Premier Li Keqiang’s once-a-year news briefing in focus, along with a series of votes on Hong Kong that could stoke tensions … (…
China’s low GDP target gives Beijing room to address market risks
Mainland Chinese stocks have tumbled as authorities signaled a shift away from policies meant to keep the economy afloat in the wake of the pandemic. ( read original story …)
China seems to have censored the term ‘stock market’ from social media searches after stocks posted their longest losing streak in 3 months
Reports about the decline in the stock market were largely absent from China’s major financial dailies, which instead focused on President Xi Jinping’s comments about strengthening military and … ( read original story …)
UPDATE 2-China Feb new bank loans fall less than expected as c.bank tapers credit
New bank lending in China fell less than expected in February from January as the central bank seeks to cool credit growth to contain debt risks while maintaining support for ailing small firms. ( read…
Biden has a mandate to compete with China
Since the very start of President Biden Joe Biden DNC beefs up its finance team Pentagon extends … when it comes to the People’s Republic of China (PRC). The indicators are mixed. ( read original…
