China Huarong Asset Management Co Ltd 2799.HK said on Tuesday that it plans to sell a 70% stake in a consumer finance unit, and restructure its trust subsidiary, as the Chinese bad loan company seeks…
Tagged By beijing
China’s Henan reports 2 locally transmitted confirmed COVID-19 cases
Central China’s Henan Province reported two locally transmitted confirmed COVID-19 cases and 15 asymptomatic cases on Monday, the provincial health commission said on Tuesday. One of the locally …
COVID-19 leaked from Wuhan lab in China, claims report by US Republican report
House Republican lawmaker, Michael McCaul, released the third instalment in his investigation into the origins of the virus and the missteps by China in alerting the world to the risks of the pandemic …
German warship heads for South China Sea for first time in nearly two decades amid tension with Beijing
Germany on Monday sent a warship to the South China Sea for the first time in almost two decades, joining other Western nations in expanding its military presence in the region amid growing alarm over…
China seeks common ground on US IPO rules
The China Securities Regulatory Commission (CSRC), the country’s stock market watchdog, is seeking to improve communication with its counterpart in …
China quietly set new ‘buy Chinese’ targets for state companies
China’s government quietly issued new procurement guidelines in May that require up to 100% local content on hundreds of items including X-ray machines and magnetic resonance imaging equipment, erecti …
COVID-19: Delta variant bears down on China just as its economy loses steam
BEIJING: The Delta variant poses new risks for the world’s second-biggest economy as it spreads from the coast to China’s inland cities and …
China Hosts Russia Troops to Hold Strategic Military Drills for First Time
Russian Deputy Defense Minister Alexander Fomin “noted that Russian-Chinese military cooperation is characterized by high dynamics of development, consistent expansion of areas of interaction and a …
Tokyo Olympics: China’s ‘nationalists’ are turning on their athletes
The pressure on Chinese athletes to perform has never been higher. Anything less than a gold is being seen as athletes being unpatriotic by furious “nationalists” online. The BBC’s Waiyee Yip reports.
US-China relations: Beijing takes pointers from Mao in protracted power struggle with US
After years of pushing mutual respect and cooperation, Chinese diplomats are now demanding ‘fair competition’ from Washington.
China securities watchdog calls for talks with US after IPO halt
BEIJING • China’s securities regulator called for talks with its American counterpart after the United States Securities and Exchange Commission (SEC) halted the initial public offerings (IPOs) of …
Millions in China under lockdown amid COVID outbreak
More than 1.2 million residents in Zhuzhou were ordered to stay home Monday for the next three days as the central city rolls out a testing and vaccination campaign, Agence Frances Presse reported.
Covid-19 flares again in Wuhan as Delta variant challenges China’s defences
The Delta variant has reached nearly half of China’s 32 provinces in a number of weeks.It’s the biggest challenge to China’s strategy since the virus was first detected in December 2019 in Wuhan …
