By Jorgelina do Rosario, Karin Strohecker and Rodrigo Campos LONDON – China needs to rethink its zero-COVID policy to avoid more harm to the economy, as well as come up …
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Exclusive-UBS plans to expand China footprint with new mutual fund unit – sources
by Reutersby ReutersBy Selena Li and Samuel Shen HONG KONG/SHANGHAI – UBS Group AG plans to set up a wholly owned mutual fund business in China, two people with direct knowledge of …
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Hong Kong set for billions in inflows from China companies’ listing upgrades
by Reutersby ReutersBy Scott Murdoch and Kane Wu HONG KONG – Hong Kong is set to see billions of dollars flowing in from the mainland with more Chinese companies expected to upgrade …
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China Q2 smartphone sales fall 14.2% y/y as consumers pull back
by Reutersby ReutersSHANGHAI – Chinese smartphone sales in April-June fell 14.2% on year and volumes hit a decade low, Counterpoint Research said on Wednesday, as China struggles to recover from the impact …
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China Tried To Plant Spies Inside The Fed And Kidnap Economist, Congress Finds
China Tried To Plant Spies Inside The Fed And Kidnap Economist, Congress Finds Max Keating on July 26, 2022 China has carried out a sustained, decade-long economic espionage operation to …
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By Ludwig Burger FRANKFURT -Adidas on Tuesday cut its 2022 earnings target, citing a slower-than-expected recovery in China from pandemic restrictions. In an unscheduled statement, the sporting goods maker said …
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China, Indonesia to enhance bilateral trade, deepen cooperation
by Reutersby ReutersBEIJING – China and Indonesia will enhance the scale of bilateral trade and further expand cooperation in areas including agriculture and food security, the Chinese foreign ministry said after a …
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China money rate falls to 1-1/2 year low ahead of month-end demand
by Reutersby ReutersSHANGHAI – China’s key money market rate touched a 1-1/2-year low on Tuesday, showing little sign of stress due to ample liquidity ahead of month-end peak demand for cash. The …
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Russia Throttles Gas Flows To Europe As Exports To China Hit Record Highs
Russia Throttles Gas Flows To Europe As Exports To China Hit Record Highs Jack McEvoy on July 25, 2022 Russian state-owned energy company Gazprom is cutting gas flows to Europe …
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Sri Lanka asks China for help with trade, investment and tourism
by Reutersby ReutersBy Yew Lun Tian BEIJING – Sri Lanka has asked China to help with trade, investment and tourism to help it grow sustainably, Colombo’s envoy to Beijing said on Monday …
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China approves Genuine Biotech’s HIV drug for COVID patients
by Reutersby ReutersBEIJING -China on Monday gave conditional approval to domestic firm Genuine Biotech’s Azvudine pill to treat certain adult patients with COVID-19, adding another oral treatment option against the coronavirus. The …
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Evergrande’s debt revamp to provide roadmap on tackling China property crisis
by Reutersby ReutersBy Clare Jim HONG KONG – China Evergrande Group, the world’s most indebted developer, is expected to announce this week a debt restructuring plan that will not only determine its …
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China to step up support for cultural and tourism recovery – central bank
by Reutersby ReutersBEIJING – China’s central bank will guide domestic financial institutions to provide credit services to the cultural and tourism sectors which have been hit hard by the COVID-19 pandemic, it …
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CHANG: Will Nancy Pelosi Start World War III With China?
CHANG: Will Nancy Pelosi Start World War III With China? Gordon Chang on July 24, 2022 On Tuesday, China’s foreign ministry threatened to take “resolute and forceful measures to defend …
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China plans three-tier data strategy to avoid U.S delistings – FT
by Reutersby Reuters(Reuters) – China plans to sort U.S.-listed Chinese companies based on the sensitivity of the data they hold in an attempt to stop U.S. regulators from delisting hundreds of firms, …
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China probes banking inspector in Henan province after fraud case, protests
by Reutersby ReutersBEIJING – China’s banking regulator on Sunday said it is investigating an inspector at its bureau in Henan province, which has seen protests by depositors unable to retrieve funds following …
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China Could Declare ‘No-Fly Zone’ Over Taiwan Should Nancy Pelosi Visit: REPORT
China Could Declare ‘No-Fly Zone’ Over Taiwan Should Nancy Pelosi Visit: REPORT Philip Lenczycki on July 22, 2022 The Chinese military may declare a “no-fly zone” over Taiwan if House …
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Tesla Is Losing The Race To Perfect Self-Driving Cars To China: REPORT
“This massive cost reduction will enable us to deploy tens of thousands of AVs [autonomous vehicles] across China. We are moving towards a future where taking a robotaxi will be …
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Despite Didi’s $1.2 billion fine, China tech’s regulatory woes may not be over
by Reutersby ReutersBy Josh Ye, Eduardo Baptista and Yingzhi Yang HONG KONG/BEIJING – China’s $1.2 billion fine on Didi Global draws a line under the ride hailing company’s regulatory woes, but the …
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Japan June factory output likely rose first time in 3 months as China lockdown lifted – Reuters poll
by Reutersby ReutersTOKYO – Japan’s factory output likely rose in June for the first time in three months after China’s COVID-19 curbs eased, a Reuters poll showed on Friday. Japanese industrial production …
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China to extend anti-dumping duties on steel product from Japan, South Korea, and EU
by Reutersby Reuters(Reuters) -China will extend anti-dumping duties on grain oriented flat-rolled electrical steel imported from Japan, South Korea, and the European Union, the country’s ministry of commerce said on Friday. The …
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China Just Turbo-Charged Its Tech Sector. Is The Biden Admin To Blame?
China Just Turbo-Charged Its Tech Sector. Is The Biden Admin To Blame? Micaela Burrow on July 21, 2022 A major Chinese semiconductor producer secretly developed advanced chip technology, and the …
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China Ramps Up Censorship As Protests Break Out Across The Nation
China Ramps Up Censorship As Protests Break Out Across The Nation John Hugh DeMastri on July 21, 2022 Chinese censors are removing videos, posts and hashtags related to protests over …
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China to keep real estate financial policy consistent, regulator says
by Reutersby ReutersBEIJING – China will keep real estate financial policies consistent and stable, the country’s banking and insurance regulator said on Thursday. An orderly property market will better meet the reasonable …
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China approves projects worth $50 billion after easing environment rules
by Reutersby ReutersSHANGHAI – China has fast-tracked the approval of construction projects worth more than 380 billion yuan ($56.22 billion) after relaxing its environmental rules last month, but will still show “zero …