A recovery in construction and manufacturing activities from the coronavirus-led slump is driving demand for steel in China. ( read original story …)
Tagged By banking
Don’t Believe the China Hype
The coronavirus pandemic seems to cement the notion that China is replacing the United States as the world’s premier economic superpower. Should we have expected anything else? After all, as the … ( read original…
China’s Tencent Video Eyeing Takeover of Streaming Rival iQIYI (Report)
Chinese social media and entertainment giant Tencent may be eyeing a move to take over rival video streaming firm iQIYI. A combination of the two would a create streaming platform comparable in … ( read…
China says asks Canada to investigate pests found in logs
China’s foreign ministry has asked Canada to investigate pests found in shipments of logs, spokesman Zhao Lijian told reporters at a daily briefing on Tuesday. BEIJING, June 16 (Reuters) – China’s … ( read original…
A second wave of infections would mean downside risks to China equities: UBS
Wendy Liu of UBS Investment Bank, expects investors and central banks alike to adopt a “wait and see” approach to the possibility of a second wave of infections after a Covid-19 outbreak in Beijing. (…
Former Hong Kong envoy chosen as new British ambassador to China
Britain has appointed a former top envoy to Hong Kong during the “umbrella movement” as its next ambassador to China, a move that comes as London hardens its stance on Beijing amid the row over…
China 10-year treasury futures plunge as special treasury bond issuance looms
Chinese government bond futures plunged on Tuesday, pressured by market expectations of less liquidity as special treasury bond issuance loomed. ( read original story …)
More than 100 infected in Beijing food market coronavirus outbreak
Beijing has closed schools, shops and weddings in some districts and brought back travel restrictions as the surge sparks fears of a second wave. ( read original story …)
China shares close higher on hopes of outbreak control, U.S.-China talks
China shares ended higher on Tuesday, with sentiment lifted by confidence in Beijing’s capability to control the latest resurgence of coronavirus cases and expectations of bilateral Sino-U.S. talks. * … ( read original story …)
AmEx May Find China Can Live Life Without It
AmEx got the green light to start processing yuan payments, making it the first of the big three U.S. card companies to get access to the mainland. The license, initially approved … ( read original…
China shares rise on Fed update, confidence in Beijing’s ability to control new virus cases
China shares rose on Tuesday, tracking gains from the global markets after the U.S. Federal Reserve widened its bond buying program, while investors showed confidence that Beijing would be able to put … ( read…
U.S., China Plan Big Spending to Bolster Economies: Virus Update
Global cases surpassed 8 million as Beijing shut some areas to contain a virus cluster and data scientists predicted India’s numbers may surge after it abandoned a lockdown.China will sell 1 trillion … ( read…
China’s Relaxed Financial Sector May Aid Foreign Investors
Liza Mark and Han Liang at Haynes and Boone explore the Chinese government’s recent laws and regulations relaxing restrictions on foreign ownership, which could provide greater market access and … ( read original story …)
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