CurrencyFeaturedChina completes its first on-chain wage payouts using digital yuanWebAdminJune 15, 2021 by WebAdminJune 15, 2021 The blockchain-based digital yuan is now live in China’s Xiong’an New Area... Read more
FeaturedMarketsChinese ride-hailing Didi reports $1.6 bn loss ahead of US IPOWebAdminJune 14, 2021 by WebAdminJune 14, 2021 Didi, accelerated its listing plans as its business rebounded after the Covid-19 pandemic ebbed in China... Read more
FeaturedFinanceBlackRock wins approval to start mutual funds business in ChinaWebAdminJune 11, 2021 by WebAdminJune 11, 2021 BlackRock was granted a license by the China Securities Regulatory Commission to start selling onshore investment products and solutions to Chinese investors... Read more
FeaturedHealthcareSinovac’s Covid-19 vaccine receives WHO approvalWebAdminJune 2, 2021 by WebAdminJune 2, 2021 The health organisation approved Sinovac Biotech’s vaccine for emergency use listing... Read more
FeaturedPorts and ShippingContainer throughput of China ports rises 18.1% from January to April 2021WebAdminMay 26, 2021May 26, 2021 by WebAdminMay 26, 2021May 26, 2021 During the period, the Chinese ports saw cargo volume of 4897.3 mn tons... Read more
AviationFeaturedCathay Pacific’s passenger numbers continue to be substantially lower than 2019 levelsPritam BordoloiMay 19, 2021 by Pritam BordoloiMay 19, 2021 The carrier carried 22,404 passengers in April which is an increase of 63.2% y-o-y... Read more
EconomyFeaturedChina’s factory activity records a slower growth in April 2021WebAdminMay 17, 2021 by WebAdminMay 17, 2021 The industrial output recorded a 9.8 % increase in April, which is slower than March 14.1 percent increase... Read more
FeaturedWealth ManagementBlackRock’s wealth management JV to start operation in ChinaWebAdminMay 13, 2021 by WebAdminMay 13, 2021 BlackRock owns 50.1% of the joint venture... Read more
BankingFeaturedChina appoints Deutsche Bank as primary dealer in open market businessPritam BordoloiMay 3, 2021May 3, 2021 by Pritam BordoloiMay 3, 2021May 3, 2021 The lender will carry out activities such as the repurchasing of bonds and other trading instruments... Read more
FeaturedFintechChinese crackdown on fintech firms continuePritam BordoloiApril 30, 2021 by Pritam BordoloiApril 30, 2021 Authorities summoned 13 fintechs recently and ordered them to strengthen compliance with regulations... Read more