With public discontent rising as prices of imported items skyrocket following North Korea’s closure of the Sino-North Korean border due to COVID-19, Pyongyang has recently increased imports of Chinese …
Tagged By beijing
China: MicroTech Medical prices HK$1.94bn IPO
MicroTech Medical (Hangzhou), a healthcare company focused on diabetes management, has priced a HK$1.94bn (US$249m) Hong Kong IPO at HK$30.50 per share, just short of the maximum marketed price of …
Feature: China-aided road, bridge projects end decades transportation dilemma for Gambians
Gambian President Adama Barrow on Saturday inaugurated at least four road and bridge projects fully financed by China, ending decades of transportation hurdles for people and businesses in the country …
At least 15 dead after heavy rainfall and flooding in northern China
At least 15 people were killed after heavy rain and flooding battered China’s northern province of Shanxi, destroying thousands of homes and forcing more than 120,000 people to relocate to safer areas …
China Hands Hong Kong 500-Point To-Do List, SCMP Says
China’s top agency in Hong Kong handed the city’s leaders a to-do list with 500 policy demands, according to local media, evidence of Beijing’s growing footprint in the Asian financial hub.
China floods: Coal price hits fresh high as mines shut
The price of coal used in China’s power plants has surged to a new record high as another of the country’s key mining regions is. Heavy rains hit Shanxi in recent days, the country’s biggest…
Kaliwa Dam project puts to test China’s new “green” rules and standards for overseas projects
The newly-issued guidelines are seen as highly influential in pushing for much deeper environmental considerations in the planning and implementation of projects under the Belt and Road Initiative.
Ant boosts capital to US$5.4bil after IPO halted
Ant Group Co has ramped up its capital base to 35 billion yuan (US$5.4bil or RM22.50bil), almost a year after Chinese regulators thwarted its record initial public offering (IPO) and told it to …
China data-rigging allegation: IMF backs former World Bank chief after review
Kristalina Georgieva and other World Bank officials came under investigation amid claims they pressured staff to alter data affecting China’s business ranking, but IMF backs her after review.
China reports 12 new coronavirus cases for Oct 11
China reported 12 new coronavirus cases for Oct. 11, compared with 25 a day earlier, the health authority said on Tuesday. All of the new infections were imported cases, according to a statement by …
China coal price hits fresh high after flooding
The price of coal used in China’s power plants has surged to a new record high as another of the country’s key mining regions is hit by flooding.Heavy rains hit Shanxi in recent days, the…
China to liberalise thermal power pricing to tackle energy crisis
China’s state planner, the National Development and Reform Commission (NDRC), said on Tuesday it will fully liberalise pricing for electricity generated from coal and that industrial and commercial …
A $5 trillion property bust in China has huge implications for commodities
The global implications look ominous. Please consider Beyond Evergrande, China’s Property Market Faces a $5 Trillion Reckoning. As China enters what many economists say is the final stage of one of …
