The fight for the attention span of short video viewers is heating up in China, and it is turning into a slugfest between WeChat, the ubiquitous super app operated by Tencent Holdings, Douyin, the …
Tagged By financials
China to curb banks’ use of overseas loans
China’s central bank and foreign exchange regulator issued new rules on Saturday that bar domestic banks from using overseas loans to invest in securities or “speculative deals”, a notice on the …
Are foreign investors in China second class citizens now?
Battle for Evergrande’s assets heats up; who is standing when the dust clears will say a lot about investing in China …
Exclusive-China securities regulator met foreign banks to soothe economic concerns-sources
The China Securities and Regulatory Commission (CSRC) met this week with executives at top western banks and asset managers to reassure them about the country’s economic prospects after regulatory …
Sinopec Completes China’s First Megaton Scale Carbon Capture Project
China Petroleum & Chemical Corporation (HKG: 0386, “Sinopec”) has completed the construction of China’s first megaton carbon capture, utilization and storage (CCUS) project, the Qilu-Shengli Oilfield …
Winter Olympics: Beijing marks 20 years since Team GB’s Scottish curlers became champions
Olympics marks 20 years since the moment where more than six million people stayed up past midnight to watch four Scottish women become heroes with curling gold.
China-Pakistan relations a journey of friendship
The Pakistan-China partnership is unparalleled among inter-state relations. The history of our friendship is a unique account of unwavering mutual support, mutual trust and mutual respect. Nurtured by …
China achieves peaceful rise to global leadership between two Beijing Olympics
Winter Olympic Games will begin on February 4 and are taking place in a completely different international environment than the Beijing Summer Olympics that were held in 2008. Drawing attention to …
President Xi, other world leaders to attend Beijing 2022 Olympic opening ceremony
Chinese President Xi Jinping will attend the opening ceremony of the Beijing 2022 Olympic Winter Games, hold a welcoming banquet for …
Salary cut, reversal of bonuses indicate China’s ‘worsening’ financial conditions
Witnessing severe belt-tightening by the government millions of Chinese civil servants are wary about around 25 per cent cut in their salaries while teachers a …
China to provide tax relief for new REITs
China will provide tax relief for new real estate investment trusts (REITs), the finance ministry and tax bureau said on Saturday, as part of a nationwide push to boost the nascent REITs market.Corpor …
Why China equities are headed for a bear market despite Wall Street’s optimism?
Beijing: The bar for China’s financial markets to do better this year was so low, virtually everyone on Wall Street was saying the country’s stocks and bonds could only go up. That bet isn’t going…
Industrial Bank working to meet China’s carbon goals
UN Climate Change Conference — otherwise known as COP26 — drawing ever closer, many major economies have signed up to carbon-neutral goals in a bid to limit rising global temperatures. China is no …