China will deepen its loan prime rate (LPR) reforms and gradually make deposit rates market driven, vice central bank governor Liu Guoqiang said in remarks published on Friday. China will improve …
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Three reasons why global brands fail in China
we have outlined three critical lessons to facilitate brand success in China. These lessons are about learning from the costly mistakes of others because the Chinese market is too important for brands …
RPT-Copper analysts reset outlook on China’s dual demand ructions
Copper analysts are reviewing their price forecasts for the red metal after simultaneous disruptions in two key sectors in China that together make up more than half the country’s copper demand.
Ascott to open 17 co-living properties under lyf brand by 2025
In Singapore, there is currently only lyf Funan Singapore available for lease, with plans to open lyf one-north Singapore later this year.
China’s Sept services activity returns to growth – Caixin PMI
Activity in China’s services sector returned to growth in September as a major COVID-19 outbreak in the eastern province of Jiangsu receded, a private-sector survey showed on Friday, offering some …
Shenzhen Gas Signs 10-Year LNG Supply Deal With BP
Shenzhen Gas Corp. Ltd. has signed a 10-year liquefied natural gas supply deal with BP to bring in 225,000 to 300,000 tons a year of LNG volumes over January 2023 to December 2032. Shenzhen Gas…
South China Sea: US submarine collides with ‘unknown object’
More than a dozen US sailors have been injured after a nuclear submarine hit an “unknown object” while submerged in waters around the South China Sea. Fifteen sailors had minor injuries when the USS …
China’s top coal region tells mines to boost output immediately
North China’s Inner Mongolia region, China’s second-largest coal producer, has told 72 mines to boost annual output capacity by nearly 100 million tonnes, said a government official and coal traders …
TikTok Rival Beats Out DiDi for Roughest IPO of the Year
The three biggest money losers among large listings in 2021 are all Chinese, thanks to the country’s widening tech crackdown.Most Read from BloombergLeft-Wing Rage Threatens a Wall Street Haven in …
Chinese mainland reports 22 imported COVID-19 cases
Firemen disinfect a wetland park in Xiamen, southeast China’s Fujian Province, Oct. 5, 2021. Outdoor public places in Xiamen started to reopen from Oct. 5, as the results of the sixth round of …
With eye on China, US thinks twice about sanctioning India for Russian missile system
Days after Biden talked of ‘stronger, closer, tighter’ ties, visiting Deputy Secretary of State Wendy Sherman indicates Washington might reconsider its tough stance on New Delhi’s US$5.5 billion deal …
China Real Estate Ex-Billionaire Buys $3.5 Mln Of Yuzhou Debt Amid Industry Woes, Stock Plunge
China real estate billionaire Lam Lung On, chairman of Yuzhou Properties, has “recently” bought on the secondary market about $3.55 million of debt issued by the company, Yuzhou said in an …
U.S. Spy Agency Pivots to Better Confront Beijing
The United States top spy agency is making changes in response to what it describes as an “an increasingly adversarial” government in Beijing. Central Intelligence Agency Director William Burns …
