A unit of top steel producer China Baowu Steel Group has launched a steel scrap processing and production facility with annual capacity of 2.8 million tonnes in the eastern Chinese province of Anhui. ( read…
Tagged By beijing
Two stories you need to read about China’s handling of the coronavirus pandemic
The coronavirus origin story is still a mystery, as the joint WHO-China investigation is yet to start. A series of reports have recently detailed China’s missteps during the early days of the … ( read…
Mass COVID-19 vaccination drive under way in Beijing
Thousands of people have been lining up in Beijing to receive their vaccinations against COVID-19, as China steps up a mass vaccination drive ahead of the Lunar New Year, which falls in February and ……
China Is Pushing For Its Digital Yuan: Is The World Noticing?
Introduction The future of Digital Currencies is looking quite bright. The revolution ushered in by Bitcoin and other cryptocurrencies mean that governments are now serious about exploring the … ( read original story …)
Chinese electric carmakers snap up storefronts as property developers pursue new strategies
China’s commercial property developers are turning to new clients to fill spaces, many left vacant as the shock of the coronavirus pandemic hit businesses. ( read original story …)
Genworth parent mulls US mortgage IPO after China merger stalls
Genworth Financial, the US-based parent company of Genworth Mortgage Insurance Australia, will explore a partial IPO of its US mortgage insurance business as part of a contingency plan after its … ( read original story…
How can a brand ever belong in China?
Numerous international brands have come unstuck in the past couple of years with their messaging in China because they are failing to do their homework – and then they do it over again, says a…
China suspends imports from Brazil pork plant over coronavirus concerns
China has suspended imports from a Brazilian pork plant operated by privately owned Aurora Alimentos over coronavirus concerns, according to a statement from a meat trade group on Monday. SAO PAULO, … ( read original…
China reports 33 new COVID-19 cases vs 33 a day earlier
Mainland China reported 33 new COVID-19 cases on Jan. 4, matching the count from the day before, the country’s national health authority said on Tuesday. ( read original story …)
FTSE Russell cuts three more China firms from indexes after U.S. blacklist
FTSE Russell will delete a further three firms from its global equity indexes after guidance on an executive order by outgoing President Donald Trump barring U.S. investments in some Chinese companies … ( read original…
China suspends imports from Brazil pork plant over coronavirus concerns, meat group says
China has suspended imports from a Brazilian pork plant operated by privately-owned Aurora Alimentos over coronavirus concerns, according to a statement from meat trade group on Monday, in the latest … ( read original story…
The Sound Of Far-Off Thunder — China Curbs Lending To Property Developers
Chinese financial regulators have imposed new rules restricting lending to property developers in an attempt to mitigate potential risks from the sector to the country’s financial system. New … ( read original story …)
Pompeo Cites China, North Korea as Trump’s Unfinished Business
Secretary of State Michael Pompeo said Monday that he regrets the U.S. hadn’t made more progress in resolving “hard issues” with China or getting North Korea to shed its nuclear arsenal, while saying … (…