The worst of the COVID-19 outbreak in China may be over, but one Beijing-based restaurant chain is struggling with a “new reality” — fewer customers, reduced seating capacity, shorter hours, pay cuts … ( read…
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China defends the WHO after Trump — and others — say it is deferring to Beijing
The World Health Organization has come under intense scrutiny for its handling of the coronavirus pandemic with President Donald Trump’s administration, China and Taiwan locked in a tussle of words. ( read original story …)
Beijing-Backed AIIB Approves Emergency Loan to China to Help With Coronavirus Response
Beijing and Chongqing have “particularly acute” financial needs in addressing health challenges as a result of their large populations, the statement said. Wealth of Knowledge is a weekly podcast … ( read original story …)
Danke Obtains WELL Silver Certification for Co-living Project in Beijing
Phoenix Tree Holdings Limited (“Danke” or the “Company”) (NYSE: DNK), one of the largest co-living platforms in China with the fastest growth, announced its Model Room Center in Beijing has received t … ( read…
EU Finance Deal Fails; U.K. Premier Remains in ICU: Virus Update
European Union finance ministers failed to agree on a recovery plan for the bloc after 16 hours of talks, driving the euro and Italian bonds lower. U.K. Prime Minister Boris Johnson’s condition … ( read…
A Month After Peak Coronavirus In China, Beijing Needs More Stimulus
Now that the coronavirus has infected China’s main trading partners, Beijing needs to save its economy after a nearly 3 month lockdown. ( read original story …)
Beijing finance firm helps 48 catering, cultural tourism SMEs resume work
Since the start of work resumption after the Spring Festival holiday, a state-owned financing guarantee company in Beijing has helped 48 small- and medium-sized enterprises (SMEs) in the cultural … ( read original story …)
Beijing Autoshow Postponed to September Due to Virus
Wealth of Knowledge is a weekly podcast featuring tips and expert insight on all things money: personal finance, careers, investing, real estate and more. The Most Important Ages for Retirement … ( read original story…
Exclusive: China’s central bank to step up easing, won’t borrow Fed playbook – sources
China’s central bank will ramp up its policy easing to support the coronavirus-ravaged economy but debt worries and property risks will prevent it from following the U.S. Federal Reserve’s steep rate … ( read original…
Mongolia’s c.bank cuts benchmark interest rate to 9% from 10%
Mongolia’s central bank has cut its benchmark interest rate to 9% from 10% and extended consumer loans by 12 months amid an uncertain environment due to the COVID-19 pandemic, which has seen 17 cases ……
ANALYSIS-To Belgrade and beyond: Beijing exports China model of virus management
Last month, six Chinese medical professionals stepped off an Air Serbia jet in Belgrade to a red-carpet welcome from President Aleksandar Vucic and an array of cabinet ministers. After elbow-bump … ( read original story…
What Is Beijing Enterprises Environment Group’s (HKG:154) P/E Ratio After Its Share Price Tanked?
To the annoyance of some shareholders, Beijing Enterprises Environment Group (HKG:154) shares are down a considerable 35% in the last month. Indeed the recent decline has arguably caused some … ( read original story …)
China’s Bank of Gansu pledges 30 bln yuan loans, report of capital injection
China’s Bank of Gansu has agreed to loan 30 billion yuan ($4.26 billion) to state firms over the next three years, after the Gansu provincial government reportedly agreed to provide a capital … ( read…
