Category: Shanghai News

Hong Kong stocks suffer from worsening US-China ties as blacklist grows, concerns over global Covid-19 fallout

Hong Kong stocks post early losses as China promises countermeasures against the US decision to add more Chinese companies to its trade blacklist, including chip maker SMIC and drone maker SZ DJI ……


China leaves lending benchmark LPR unchanged for 8th straight month

China left its benchmark lending rate for corporate and household loans steady for an eight straight month at its December fixing on Monday, matching market expectations….


Disney’s Bob Iger as Ambassador to China? Not So Fast, Says Critic

Walt Disney Company Executive Chairman Bob Iger’s name has been bandied around as a possible Ambassador to China in President-elect Joe Biden’s incoming administration, but The Washington Post’s ……


China Ex-Minister Sees Curbing of Fintech, Bank Tie-Ups: Report

China should consider further tightening control over fintech giants by restricting the number of banks they can partner with, the Securities Times cited a former finance minister as saying….


China vows countermeasures after United States blacklists more than 60 of its firms

The US has ‘abused’ export controls to suppress enterprises, institutions and individuals of other countries, China’s Ministry of Commerce said….


As PH hedges on Sinovac, China places order for 100 million doses of Pfizer vaccine

More news that will add to your confusion on vaccine procurement came out as a Chinese pharmaceutical company said it will obtain 100 million doses of a vaccine that’s not made in China. In this ……


UPDATE 1-China to ramp up derivative market products, regulator says

China will accelerate the rollout of new commodity futures and options including natural gas, refined oil and peanuts as it sets out to develop its derivatives market amid increasing demand, a senior ……


China Vows Countermeasures on U.S. Sanctions Against Its Firms

China threatened to impose countermeasures after Washington decided to blacklist more than 60 Chinese companies, a sign that tensions between the world’s two biggest economies may further escalate ……


China says tailed U.S. warship in Taiwan Strait

China’s military tailed a U.S. warship as it passed through the sensitive Taiwan Strait on Saturday, the Chinese military said, denouncing such missions as sending “flirtatious glances” to supporters ……


China issues national security rules on foreign investment

China published rules on Saturday for reviewing foreign investment on national security grounds, potentially broad measures that it insisted did not amount to protectionism….