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China Business Digest: Wuhan Mass Testing Finds 206 Asymptomatic Infections; Investors Weigh Impact of Expanded U.S. Sanctions on Chinese Firms

NPC delegates urge data privacy legislation; Bank of China executive Gao Yingxin may lead China Minsheng Bank

Internet Earnings: E-Commerce and Games Win Big, Advertising Platforms Suffer

Companies like Alibaba and Tencent that cater to home-bound users posted strong revenue gains during Covid-19 in first quarter, while ad-dependent names like Baidu saw revenue decline

Billionaire Macao Gambling Kingpin Stanley Ho Dies at 98

Ho and his casino empire played a key role in the region’s emergence as the world’s foremost gambling destination

China Development Bank Backs Greater Bay Area With $50 Billion Lending Pledge

Policy lender says credit will be focused on strategic emerging industries, infrastructure

Yi Gang Explains: How Will Monetary Policy Reach the Real Economy?

PBOC chief says central bank will continue rolling out support for small and midsize companies

May 26, 2020 08:09 PM

Chart of the Day: China’s April Pork Imports Nearly Triple

Domestic shortfall and U.S. trade deal boost purchases to new high

May 26, 2020 07:51 PM

SOEs Saw Revenue Decline Slow in First Four Months, but Profits Plummeted

Income fell by three-quarters in the first four months

May 26, 2020 07:38 PM

Caixin China Biz Roundup: U.S. Steps Up Scrutiny of Chinese Airlines

In today’s episode: Washington’s new policy could bar Chinese carriers for a month; “Bat woman” virologist denies claims Covid-19 originated from a Wuhan lab; and state to pump 50 billion yuan to ease financial pressure on railway construction

May 26, 2020 06:34 PM

Wang Tao: China’s Debt Likely to Jump in 2020, but Risks Remain Manageable

While many may worry about the long-term implications of such a rapid debt increase, risks remain manageable

May 26, 2020 05:17 PM

Coronavirus ‘Repeat Positives’ Disrupt Shenzhen Schools

Two students in the manufacturing hub recently tested positive for the pathogen again

May 26, 2020 05:12 PM

Traders Target Hong Kong Dollar on Outflow Concern

Speculators are betting on significant depreciation in the currency with derivatives, sending a measure of bearishness to near its highest level of the year

May 26, 2020 03:10 PM

China Plans to Revise Law Governing the Central Bank This Year

Some legislators have reportedly suggested the central bank strengthen its role in risk management and policing of financial institutions

May 26, 2020 03:05 PM

Abe Comes Down on Side of Economy With Decision to Reopen Tokyo

Prime minister stops short of stricter criteria for new coronavirus cases

May 26, 2020 03:02 PM

Investors Weigh Impact of Expanded U.S. Sanctions on Chinese Firms

Newly blacklisted FiberHome Telecommunication loses almost 10%, but NetPosa gains more than 10% as CloudWalk, Intellifusion IPO plans fall under a cloud

May 26, 2020 06:42 AM
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