Sep 16, 2022 03:43 AM- Biden Administration Beefs Up Security Reviews of Foreign Investments
- President to sign executive order adding five new criteria in response to growing concern about China’s high-tech push and investments in U.S.
Sep 15, 2022 20:01 PM- Offshore Yuan Drops Past 7 Per Dollar for First Time Since 2020
- The currency has declined despite China’s central bank to prop it up by setting a string of stronger-than-expected yuan fixings and reduced the foreign-currency reserve ratio for banks
Sep 15, 2022 14:58 PM- Chinese Corporate Dollar Debt Issuance Falls at Record Pace
- The amount of dollar bonds issued and loans taken out by Chinese corporations has slumped 46% to $101 billion
Sep 15, 2022 14:54 PM- China Rolls Out Property Policies Across Nation to Fix Slump
- Local governments have issued at least 70 easing measures since the central government appealed for help in fixing the property crisis
Sep 15, 2022 14:52 PM- China Holds Key Rate, Withdraws Liquidity Amid Yuan Defense
- The central bank drained liquidity from the banking system, offering $58 billion via its medium-term lending facility
Sep 15, 2022 14:47 PM- Chengdu Eases Lockdown as Covid Cases Decline
- Seven districts that have found no new cases spreading outside of quarantine facilities will see life gradually return to normal, the government says
Sep 15, 2022 02:40 AM- Russia Gives China’s Yuan a Boost for Businesses Managing Sanctions
- As Xi and Putin plan closer relations, Chinese currency already provides a release valve for businesses hemmed in by Western response to invasion of Ukraine
Sep 15, 2022 02:31 AM- Bank of East Asia China Executive Detained on Bribery Charge
- Chen Zhiren, executive vice president and head of Northern China operations, arrested July 19; bank says the matter ‘has no impact’ on lending or securities units
Sep 14, 2022 14:39 PM- Billionaire Richard Li’s Insurer FWD Refiles for Hong Kong IPO
- FWD is seeking to raise about $1 billion in an IPO, which could take place in early 2023, less than half what it aimed to raise in its withdrawn U.S. listing
Sep 14, 2022 13:06 PM- Singapore Property Is Unaffordable, Six Out of 10 People Say
- The results are based on a July poll of 790 respondents who are looking to buy or rent property in the city-state
Sep 14, 2022 12:54 PM- U.S.-China Audit Deal Faces First Test as Inspectors Head to Hong Kong
- The historic on-site visits are slated to start with Alibaba and Yum China
Sep 14, 2022 04:39 AM- China Biotech Rout Shows Growing Pain From U.S. Decoupling Drive
- Wuxi Biologics, WuXi AppTec and Pharmaron Beijing shares tumble after Biden issues executive order backing domestic biomanufacturing
Sep 14, 2022 04:33 AM- China’s C919 Jetliner May Win Certification Next Week
- Two of the new Comac planes arrive in Beijing as the model may soon go into competition with Airbus and Boeing after 14 years of development
Sep 13, 2022 17:01 PM- Indonesia Set to Pass New Data Privacy Law After Spate of Leaks
- Data operators will face up to five years in jail and massive fines for leaks and misuses of data if the bill passes this week
Sep 13, 2022 16:57 PM- BYD Rolls Into Japan’s Nascent EV Market With Broad Lineup
- The automobile giant will start selling a midsize SUV, a compact hatchback and a sedan model in January
Sep 13, 2022 16:45 PM- Evergrande Vows to Resume All Projects to Allay Boycott Concerns
- The deeply indebted builder says it will restart construction on the last 38 stalled developments by the end of September
Sep 13, 2022 16:38 PM- China’s Premier Pledges Growth Support as Holiday Spending Falls
- Li Keqiang calls for more policies to drive up consumer spending as tourism revenue declined 22.8% over the weekend holiday
Sep 12, 2022 17:58 PM- China Plans More Moon Missions After Finding New Lunar Mineral
- China’s National Space Administration has received approval to send three orbiters to the Earth’s satellite as part of the Chang’e program, official says
Sep 12, 2022 17:53 PM- Beijing Vows Swift Action to Curb University Covid Outbreak
- cluster of infections, mostly students, found at two universities and one high school should be stamped out in the ‘shortest period of time,’ local officials say
Sep 10, 2022 18:54 PM- Tesla’s China Battery Supplier Operating Under Strict Covid Restrictions
- Contemporary Amperex Technology’s Yibin factory is operating in a closed-loop system as city adheres to the zero-Covid policy
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