President Xi Jinping has accumulated legions of powerful critics in China since he took office in early 2013. There are the once-powerful officials who have been felled by his sweeping anti-corruption … ( read original…
Tagged By beijing
Biden, as President, Will Shift U.S. Toolkit on China
The president-elect will advance Washington’s tough, new attitude toward China, but with an approach that relies more on pressure from U.S. allies, sanctions and other tools to shape Beijing’s … ( read original story …)
Chinese Property Giant Evergrande Drops Unit Listing
China Evergrande, the heavily indebted property developer, scrapped plans to list a key unit after striking deals with co-investors that should avert a near-term cash crunch. ( read original story …)
China investors rethink market risk after Ant’s scuppered IPO
HONG KONG — Global investors are taking two distinct messages from the sudden termination of Ant Group’s initial public offering — billed as the world’s largest — by Chinese regulators. ( read original story …)
China’s Fosun-owned Gland Pharma IPO opens — Here’s all you need to know about India’s largest pharmaceutical IPO
The ₹6,500 IPO of Hyderabad-based Gland Pharma is now open for subscription. The company is backed by China’s Fosun Pharma, making it one of the biggest offerings by a company with a Chinese parent in…
Washington should not force countries to choose between the U.S. and China, says ex-diplomat
Many countries, especially those in Southeast Asia, want to maintain “strong links” with the U.S., said Kishore Mahbubani, a former Singapore diplomat. ( read original story …)
‘His speech was perfect’: China celebrates Biden win amid hopes for warmer ties
Do not forget to tell me at my grave the good news.” Few presidents have elicited as strong of a reaction in China as Trump, whose victory in 2016 was met with a brief honeymoon…
China’s tech industry relieved by Biden win: but not relaxed
China’s technology industry, one of President Donald Trump’s main targets in Washington’s tussles with Beijing, hopes Joe Biden can create a more constructive relationship – but few think the rivalry … ( read original story…
China crude oil imports are likely weaker than data suggests: Russell
China’s imports of crude oil slipped as expected in October, but while a 12.2% drop appears significant, the actual state of demand was probably even weaker. The world’s biggest crude importer … ( read original…
Ant faces tortuous path back to market as Beijing tightens rules
If investors in Ant Group were hoping China’s biggest fintech would rapidly bounce back from the last-minute suspension of its $37bn listing, Beijing was quick to disa … ( read original story …)
China is turning its focus toward medium-term economic recovery: Cornell
China is starting to prioritize its goal of rebalancing its economy and financial system risks again, says Eswar Prasad of Cornell University. ( read original story …)
Why China Stepped On The Ant Group (Part 1): To Stop A Bubble
The most shocking, market-impacting event this week was not the US election. It was the news that the Chinese government decided to step on an ant… specifically, on the Ant Group – China’s fintech ……
Coronavirus: Taiwan says it is not invited to WHO pandemic meeting after China’s ‘obstruction’
Taiwanese foreign ministry says exclusion based on political consideration of China makes a mockery of WHO’s ‘health for all’ claim. ( read original story …)
