Chinese officials are considering a proposal to sell bonds to pay renewable energy subsidies owed to developers, according to people familiar with the matter.Officials have reached out to renewable … ( read original story …)
Tagged By finance
TikTok owners will relocate to London from Beijing, Sun newspaper says
TikTok owner ByteDance will move its headquarters to London from Beijing under a deal approved by British ministers, The Sun newspaper reported. ByteDance’s founders are to announce their intention to … ( read original story…
Beijing’s actions risk Hong Kong’s future as global financial center
The new security law Beijing imposed on Hong Kong and the ongoing political turmoil cast a dark shadow on the financial hub’s competitiveness and attractiveness to international business. ( read original story …)
In Showdown Between China and the West, HSBC Gets Caught in the Middle
Global businesses are increasingly being asked to pick political and legal sides in the confrontation between the world’s two biggest economies. ( read original story …)
HSBC profits hammered by pandemic and soaring US-China tensions
HSBC on Monday said profits for the first half of 2020 plunged by 69 percent on year as the banking giant was hammered by the coronavirus pandemic and spiralling China-US tensions. Chief executive Noe ……
China delays new asset-management rules
China’s central bank has extended the grace period for the country’s banks to comply with new asset management rules aimed at reining in … ( read original story …)
10 US Companies With Highest Revenue Exposure To China
Relations between the United States and China have worsened over the last few years. The trade tariffs, the novel coronavirus, the Hong Kong security law, the closure of consulates, and China’s … ( read original story…
China’s central bank to issue Forbidden City commemorative coins on 600th anniversary
China’s central bank will issue a set of gold and silver commemorative coins Monday to mark the 600th anniversary of the Forbidden City, a world-famous historic site. The set consists of two gold and ……
Manila walks fine line between Beijing and Washington in South China Sea
American President Rodrigo Duterte, the Philippines has emerged as a focal point between China and the US in their continuing contest for dominance in the region.After years of cosier ties between … ( read original…
CORRECTED-China rejects accusations of hacking attempt on U.S. vaccine developer Moderna
BEIJING, July 31 (Reuters) – China rejected on Friday charges that hackers linked to its government targeted biotech firm Moderna Inc, a leading U.S.-based coronavirus vaccine research developer … ( read original story …)
China forex regulator vows greater opening, eyes reform on private equity investment
China will continue to expand financial market opening, including exploring reforms to the rules governing cross-border investment management involving private equity funds, the country’s foreign … ( read original story …)
Apple removes thousands of game apps from China store: research firm
China’s Android app stores have long complied with those regulations. It is not clear why Apple is enforcing them strictly this year. The smartphone maker removed more than 2,500 titles from its … ( read…
How China’s Ant is evolving from a payments app into a technology champion
This is the second in a series of four articles analysing the Hong Kong and mainland stock markets, delving into the reforms, emergence of the Star Market as a solid fundraising venue, upcoming … (…
