Funeral homes across China’s COVID-hit capital Beijing, a city of 22 million, scrambled on Saturday to keep up with calls for funeral and cremation services as workers and drivers testing positive for …
Tagged By financials
Missed China’s reopening rally? Bank of America names global stocks to ride the second leg
Bank of America’s analysts have found “green shoots of recovery in high-frequency data” that point toward rising earnings at companies exporting to China.
China to Maintain Ample Liquidity in 2023 to Implement Proactive Fiscal Policy – State Media
China will maintain reasonably ample liquidity in financial markets while better serving needs from the real economy next year, state media quoted a vice governor of the People’s Bank of China (PBOC) …
WRAPUP 1-In COVID-hit Beijing, funeral homes with sick workers struggle to keep up
Funeral homes across China’s COVID-hit capital Beijing, a city of 22 million, scrambled on Saturday to keep up with calls for funeral and cremation services as workers and drivers testing positive for …
Chinese leaders vow to prop up Covid-battered economy as virus spreads and death toll mounts in Beijing
President Xi Jinping and his senior officials pledged to shore up China’s battered economy next year as the deaths of two veteran state journalists highlighted the worsening spread of Covid-19 in the …
China Risks Slowdown as COVID-Zero Policy U-Turn Threatens to Bring a Million Deaths
Decision to abandon lockdowns in favor of a rapid re-opening follows protests amid a painful economic slowdown …
China agrees to formation of global sovereign debt ’roundtable’ -IMF chief
Chinese officials have agreed to participate in a global sovereign debt “roundtable” that would include a wide variety of stakeholders, including private sector creditors, International Monetary Fund …
State Department launches ‘China House’ amid rivalry with Beijing
The U.S. State Department on Friday launched its long-planned “China House” unit, an internal reorganization to help expand and sharpen its policymaking toward its top geopolitical rival. Secretary of …
China ADRs To Climb The Great Wall Of Worry As PCAOB Resets HFCAA Clock, Week In Review
Asian equity markets had a mixed performance week as the PCAOB announced breaking news, Pfizer’s COVID treatment was approved, and The Central Economic Work Conference (CEWC) concluded today.
Chinese capital Beijing reports first COVID deaths since policy easing
Two former Chinese state media journalists have died in the capital Beijing in recent days due to COVID-19, local media reported on Friday, among the first reported fatalities since most epidemic …
Beijing’s COVID Surge Stretches City’s Delivery Workforce
Courier companies are transferring workers from other cities and offering more pay to meet the demand for mounting orders.
Citigroup to Pull Out of Consumer Banking in China
The move is part of a wider step back from the business in Asia and elsewhere.
Progress in China-US audit oversight cooperation welcome: CSRC
U.S. audit oversight cooperation, the country’s top securities regulator said on Friday. On Dec. 15 local time, the U.S. Public Company Accounting Oversight Board (PCAOB) confirmed that it was able to …