China Business Now

CBN丨Beijing Stock Exchange gives solid first month turnover reaching $7.52b

The Beijing Stock Exchange (BSE) has been running smoothly in its first month of trading, with a significant effect on improving market liquidity and boosting investment sentiment, marking a key step in China's efforts to deepen capital market reform and support small businesses.

 

https://m.21jingji.com/article/20211215/herald/680f01cb2262fbc1977d23751e32600d.html

CBN丨Omicron strikes two: China reported first Omicron cases from overseas returnees in two cities

There seems to be no stopping for the much-feared Omicron variant anywhere in the world.

 

https://m.21jingji.com/article/20211214/herald/d7637efd42576b524d0026c8aa1bb8f2.html

CBN丨Economic stability to be focus in 2022

China’s economic development is facing “triple pressure” from demand contraction, supply shocks and weakening expectations, and the external environment is becoming increasingly complicated and uncertain. China's top leaders have mapped out priorities for next year's economic work as the annual Central Economic Work Conference concluded in Beijing Friday, highlighting efforts to maintain stability while pursuing progress.

 

https://m.21jingji.com/article/20211213/herald/8e03f9f371542ce3579db72c19921dc4.html

CBN丨China‘s yuan hits three-and-a-half year peak; CPI rose 2.3% and PPI up 12.9% in November

China's yuan advanced to the strongest level since May 2018 amid bets that monetary stimulus will sustain the nation's growth and the new Covid variant will have a limited impact on the global recovery.

 

https://m.21jingji.com/article/20211209/herald/0c7a3a8b5abf77fdfa8b11fbbb91cba6.html

CBN丨Green development strategies discussed by world-class economists at SIFFE

Economists at home and abroad and representatives from key stock exchanges around the world gathered at the Southern International Forum of Finance and Economics 2021（SIFFE） in Guangzhou, which is themed “New Strategy, New Opening-up and New Journey: Promoting the Circulation of Capital, Science, Technology and Industry,” to discuss new strategies for high-quality development.

 

https://m.21jingji.com/article/20211208/herald/7a276ad33806bb8c8984e6a3c789c8c5.html

CBN丨Stability is key: CPC leadership sets tone for next year’s economic policy

China will strive to stabilise the fundamentals of its macro economy next year, with steps to make its fiscal policies more efficient, targeted and sustainable, and promote the steady recovery of consumer spending, China’s core leadership — the CPC Central Committee said.

 

https://m.21jingji.com/article/20211207/herald/47aad519637fdb44fc1fd742447e6e01.html

CBN丨Black Friday: SEC gives Chinese firms the boot, while China soothes markets over VIE concerns

A brutal selloff for Chinese stocks in the US has now erased more than $1 trillion in value since February. The Nasdaq Golden Dragon China Index – which tracks China-exposed firms listed in the US – plunged 9.1 percent on Friday, the most since 2008. 

 

https://m.21jingji.com/article/20211206/herald/aef1a3410cbb8e49c9e51dee6096bfbc.html

CBN丨157 days in New York: Didi Global’s overseas listing ends, aims for Hong Kong

The Chinese ride-hailing giant announced that it will delist from the New York Stock Exchange and pursue a listing in Hong Kong, after running afoul of Chinese regulators over data security by pushing ahead with a blockbuster $4.4 billion IPO in July. The once high-flying tech giant was caught in a regulatory storm at home immediately after its U.S. listing, wiping half its market value.

 

https://m.21jingji.com/article/20211203/herald/88001cc0407691ba22d83082ce8be991.html

CBN丨“The world isn’t looking better”: OECD lowers global & China GDP outlooks

The Organisation for Economic Co-operation and Development (OECD) lowered its expectation of this year’s global economy expansion from 5.7 to 5.6 percent, while China is set to hit 8.1 percent, slightly down from previous forecasts, which remains much higher than the country's target of a 6-percent growth.

 

https://m.21jingji.com/article/20211202/herald/4a29809b8f43747fd44e604831e247f9.html

CBN丨Last call for the last 50m Chinese seniors to get vaccinated

The National Health Commission (NHC) on Tuesday urged elderly people in China to receive COVID-19 vaccines and booster shots, as this group is much more vulnerable to the virus.

 

https://m.21jingji.com/article/20211201/herald/89c546b81c07eae6463da493979bd1c7.html