Real estate investment in China quickened in April while property sales fell at a much slower pace, Reuters calculations based on official data showed on Friday, providing some relief as Beijing looks … ( read…
Tagged By beijing
China’s Jan-April property investment falls 3.3%, sales drop nearly 20%
Real estate investment in China fell 3.3% in the first four months of 2020 from a year earlier, official data showed on Friday, as the economy struggles to recover from the coronavirus epidemic. ( read…
China IPO Stages Stellar Hong Kong Debut Amid Biotech Craze
A Chinese medical devices provider surged 74% in its Hong Kong trading debut on Friday in the best opening performance this year for an initial public offering over $50 million. ( read original story …)
New Fund, New IPOs: The Era Of Successful China VC Investing Hasn’t Ended Here
The message on venture capital was sober: U.S.-owned VC investment into China plunged last year and competition has grown. “This golden era is over” for outsized returns there, Rhodium Partner Thilo … ( read original…
Global report: trade deal fears after Trump threat to cut China ties over Covid-19
Brazil passes 200,000 infections; Baltic travel ‘bubble’ begins; pubs reopen in parts of Australia … ( read original story …)
China’s Wuhan says it has tested almost a third of its citizens for coronavirus
China’s Wuhan said on Friday it has tested over 3 million of its 11 million citizens for the coronavirus, as it seeks to test all residents after a cluster of new cases raised fears of…
Asia Today: China marks month without any confirmed deaths
China has gone a month without announcing any new deaths from the coronavirus and has fewer than 100 patients in treatment for COVID-19 … ( read original story …)
How a ‘Keepwell’ Clause Protects China Bonds (or Not)
Bankruptcy and debt restructuring in China is a murky process, especially for international investors. So-called keepwell provisions are one way bondholders try to protect themselves in case of … ( read original story …)
China’s factory output posts first increase for 2020 but consumption still weak
China’s industrial output rose 3.9% in April from a year earlier, data showed on Friday, expanding for the first time this year as the world’s second-largest economy slowly emerged from its … ( read original…
Pompeo: United States condemns China’s attempts to ‘steal’ COVID-19 data
The United States condemns China’s attempts to “steal” U.S. intellectual property and data related to COVID-19 research, Secretary of State Mike Pompeo said Thursday. ( read original story …)
Growing tensions over China’s handling of coronavirus could lead to a ‘much worse’ trade war, investor says
Rising tensions over how China handled the coronavirus outbreak could be a “major risk” to global recovery, David Sokulsky of Concentrated Leaders Fund said. ( read original story …)
Bitcoin Daily: Ledn Rolls Out Crypto Savings Account With Genesis; China Seeks Development Of Blockchain Trade Platform
Ledn has unveiled the rollout of a USD Coin (USDC) savings account with the help of Genesis, letting customers save and accrue interest in bitcoin and USDC. ( read original story …)
Trump: ‘We could cut off relationship with China’ – video
US president Donald Trump says he could ‘cut off’ the relationship with China … ( read original story …)