Peter had put his life savings of about $6 million into accounts at three small banks in China’s central Henan province. He says he hasn’t been able to access them since April.
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US refinery crunch: ‘excitement’ stirs VLCC market as ships booked into China
Excitement has been growing in the hard-pressed VLCC sector this week as excess US crude exports lead to more fixtures into China. Brokers are also reporting unusually high levels of bookings from …
JPMorgan picks stocks to play a part of China that’s flown under the radar
While big Chinese cities battle Covid, consumers in smaller cities are more in a mood to spend, JPMorgan analysts said, citing a consumer expert.
China calls for solidarity, openness as world faces drastic changes
China on Wednesday underscored the importance of solidarity and openness at a time when the world is facing drastic changes “unseen in a century” and witnessing “major setbacks” in development.
China Bourse Poised To Add To Its Winnings
The China stock market on Thursday wrote a finish to the three-day losing streak in which it had fallen more than 50 points or 1.5 …
UBS’s top China banker says Hong Kong still a magnet for global IPOs, with additional reforms likely to attract more start-ups in Greater Bay Area
Some 2,300 companies have raised US$582 billion via Hong Kong IPOs since the 1997 handover through May 2022, according to Refinitiv data Hong Kong can still grease the IPO wheel to accommodate the …
China’s Tech Giants Lost Their Swagger and May Never Get It Back
Fear and paranoia now cow a once-proud $1 trillion internet industry. Even if Beijing relents, the sector is a shadow of its former self.
Chinese podcast group fails to launch $100mn IPO in blow to Hong Kong
Chinese podcasting platform Ximalaya has suspended plans for a Hong Kong listing after its attempt to raise up to $100mn was rebuffed by investors, who remain wary after Beijing launched a crackdown …
China stock markets cool down, with fewer biotech IPOs in H1 2022
A tightening of rules for biotech listings on the Shanghai STAR Market may have contributed to a visible cool-down in biotech IPOs, with fewer listings in Chinese stock markets in the first half of …
China’s Quest for Iron
Guinea’s Simandou mountains hold the largest untapped iron-ore deposit on the planet. Now a consortium of China-connected companies is moving ahead with a plan that jeopardizes one of the most …
Sanctioned Russia Becomes China’s Main Source of Oil, Customs Data Show
Chinese purchases help offset losses from Western nations scaling back Russian energy purchases over invasion of Ukraine …
Govt puts decision to allow China solar imports on hold
The government has kept on hold for at least a year its decision to grant foreign manufacturers, including those from China , permission to feature in the approved list of solar photovoltaic (PV) …
These major Western businesses are abandoning China
Stanley Black & Decker had planned to open its brand new 425,000-square-foot, $90 million factory in Fort Worth, Texas by the end of 2020, although it was delayed until 2021. Dell As relations between …
