Asia’s second-largest economy is recovering from the start-of-the-year weakness, but the risk of declining export demand still poses a risk.
Donald Trump or Joe Biden, whoever wins the election, China loses
Whoever wins, communist China will lose. Whether it’s Joe Biden or Donald Trump, the next president of the United States will likely take a hard line on China. Both candidates have staked out claims …
China expects sales of NEVs to make up 20% of total new sales by 2025
SHANGHAI (Reuters) – Sales of new energy vehicles (NEV) in China, the world’s biggest auto market, will jump to 20% of overall new car sales by 2025 from just 5% now, the State Council said on Monday.
China Evergrande shares jump after developer raises $2.2bn
Shares in China Evergrande jumped on the back of an asset sale that generated $2.2bn in cash and helped to ease investor concerns over the financial health of the world’s most indebted property …
BRIEF-Shanghai Exchange Filing Shows Block Trade Of China Pacific Insurance’s A-Shares Involving 426.1 Mln Yuan
SHOWS BLOCK TRADE OF CHINA PACIFIC INSURANCE’S 601601.SS 13.6 MLN A-SHARES INVOLVING 426.1 MILLION YUAN ($63.69 million) ON NOV 2 Source text in Chinese: Further company coverage: ($1 = 6.6901 Chines …
China rejects Australia’s appeal to remove barley import tariff, say sources
China has rejected Australia’s appeal to scrap a tariff on its barley exports, two sources familiar with the matter told Reuters, all but closing the door on a trade worth about A$1.5 billion ($1.05 …
China’s blue-chip stocks firm on strong factory data; Hong Kong up
HK daily quota used 4.7% SHANGHAI, Nov 2 (Reuters) – China’s blue-chip stocks started the month on a firm note on Monday, with consumer stocks leading gains, as a private survey showing strong factory …
JPMorgan takes 71% in China securities business
JPMorgan will own 71% of its Chinese securities joint venture after completing the transaction to buy a 20% stake from one of its local partners, according to an exchange filing on Monday. The deal, …
Hong Kong fintech startup Statrys nets $5m in angel round
Statrys, a Hong Kong-based digital payment services platform, announced that it has raised US$5 million in a funding round from an angel investor. Founded in 2018, Statrys provides payment solutions …
Cambodia’s rice export up 17 pct in 10 months, China remains top market
Cambodia exported 536,305 metric tons of milled rice in the first 10 months of 2020, up 17 percent over the same period last year, Agriculture Minister Veng Sakhon told Xinhua on Monday. China …