China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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116 articles matching the search query.
Rumor-Stoked Bank Runs Break Out in China Like Never Before
Social media-fueled rumors about banks collapsing are popping up at an unprecedented frequency in China, forcing regulators and even the police to step in to calm depositors.
Shenzhen leads the way as China turns to property investment to boost growth
Beijing is expected to tolerate the property investment boom in China as it could help growth, with real estate investment in Shenzhen up 17.0 per cent in the first five months of 2020.
China’s BYD nabs $113M to produce IGBTs, the ‘CPU of electric cars’
BYD Co., the Chinese auto giant backed by Warren Buffett, is rushing to make China self-sufficient in the production of electric vehicles. On Monday, the firm said in a filing it has secured 800 million yuan ($113 million) in a Series A+ round for its chipmaking arm, BYD Semiconductor. At stake is the race to make […]
Why China’s Missing Out on Trillions in Sustainable Investment
Every Thursday at 9:00 p.m. for the past two years, around a dozen Chinese finance veterans and regulators have held a video call to talk about pushing the nation’s companies to meet environmental, social and governance standards. This was supposed to be the year their efforts paid off.
China to Ease Rules on Listings for Nasdaq-Like Board This Year
It will soon be a lot easier for mainland firms to list on the nation’s volatile ChiNext board.
Pests, mildew found in Australian exports to China in 2019, data reveals
China blocked a range of Australian exports last year for problems ranging from pest infestations to mildew, as fears grow Beijing will widen restrictions on Australian goods.
China’s No. 3 Stock Happens to Be in Trump’s Cross-Hairs
One of China’s best-performing stocks so far in 2020 is a little-known server maker that last year abruptly joined the same U.S. blacklist that threatens Huawei Technologies Co.’s survival. Investors are betting that Beijing’s rapidly emerging plan to invest trillions in technology will outweigh the Trump administration’s curbs.
China Stocks Top Key Technical Level on Trade, Policy Optimism
A Chinese stock benchmark pushed through its latest technical barrier Friday amid optimism on U.S. trade relations. But when the 100-day moving average for the CSI 300 Index was previously broken in February, it didn’t bring a lasting rally.
Are loans to help China’s small firms fanning Shenzhen’s property bubble?
China has promised help to small and medium-sized businesses amid the coronavirus outbreak, but the loans are in some cases being incorrectly used for real estate investments.
China’s Central Bank to Run Simulations of Digital Currency Use
China’s central bank has given the green light for some commercial lenders to run trials of its digital currency, according to people familiar with the matter, bringing it a step closer to becoming the world’s first major monetary authority to issue its own digital tender.
China Bubble Tea Chain Naixue Seeks $400 Million U.S. IPO
Naixue’s Tea, one of the biggest bubble tea chains in China, has filed confidentially for a U.S. initial public offering that could raise as much as $400 million, according to people familiar with the matter.
China State Firm’s $6 Billion Loss Is Among Nation’s Worst Ever
A distressed Chinese fertilizer company said it may report one of the nation’s biggest-ever annual losses, sparking a slump in its shares and underscoring the challenges faced by some pockets of corporate China as the economy slows.
China’s Worst Solar Days Seen Over as Capacity Is Set to Soar
The next five-year period in China’s economic calendar may herald better days for the global solar industry, with government policy expected to spur demand growth in the top market through 2025 after a slump the past two years.
Exclusive: China sets up Hong Kong crisis center in mainland, considers replacing chief liaison
Tightening control over efforts to manage the upheaval in Hong Kong, the Chinese leadership has set up a crisis command center on the mainland side of the border and is considering replacing its official liaison to the restive semi-autonomous city, people familiar with the...
Battery Giants Hit By Slump in China’s Electric Vehicle Market
CATL and BYD Co. saw sharp declines in sales of electrified-vehicle batteries in September as demand weakened in China, where the government is cutting subsidies in the EV sector.
Shenzhen and Hong Kong-based groups help mainland students flee city
Communist Youth League branch across the border opens doors of its centres for temporary stays.
Fears Are Growing Among Mainland Chinese Living in Hong Kong
As Hong Kong’s historic protests become increasingly violent, mainland Chinese living in the city are becoming increasingly fearful.
China Electric Car Chargers Fleet Outpaces U.S. EV Stations
Energy giants and automakers see opportunity to help China plug in and replace gas guzzlers.
China Fertilizer Maker on Brink of Bankruptcy Rallies 51%
An insolvency case in a remote city on the Tibetan Plateau shows how in China, most outcomes are better than getting booted out of the stock market.