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The CSI 300 index, which includes stocks traded on the Shanghai and Shenzhen stock exchanges, rebounded more than 18% from its April low. Chinese shares are approaching a bull market as investors become more optimistic amid an improving epidemiological situation, in particular the easing of quarantine restrictions related to COVID-19 in Shanghai, writes Bloomberg. If, […]
The CSI 300 Index, which includes stocks traded on the Shanghai and Shenzhen stock markets. bourses, rebounded more than 18% from its April low. Chinese shares are approaching a bull market as investors become more optimistic amid an improving epidemiological situation, in particular the easing of quarantine restrictions related to COVID-19 in Shanghai, writes Bloomberg. […]
The New York Times analyzed more than 100,000 tenders and concluded that Chinese authorities are trying to predict crimes and protests before they happen. For this, big data and camera recordings are used. Particular attention is drawn to people whose behavior or characteristics seem suspicious to the authorities or the algorithm, including those who have […]
The People’s Bank of China (PBOC) on Monday injected the biggest single day cash flow into the financial system since March 31 to ease pressure from rising cash demand towards the end of the first half of this year. The regulator provided banks with 100 billion yuan (nearly $15 billion) in seven-day reverse repos. The […]
The volume of portfolio foreign investment of banks and companies in China, excluding reserve assets, at the end of 2021 was $979.7 billion, according to data from the State Administration for Foreign Exchange (SAFE). Including investments in shares accounted for $648.4 billion, in bonds – $331.3 billion. Non-banking financial institutions held $390.4 billion worth of […]
President of Ukraine Volodymyr Zelensky spoke online on June 11 at the Asian Security Summit Shangri La Dialogue, which is being held in Singapore from June 10 to 12. During the speech of the Ukrainian leader, the Chinese delegation left the meeting room. about this in his Twitter said a senior political analyst at the […]
Foreign investors have regained interest in the Chinese market after some lull caused by the pandemic. Now Chinese stocks do not cause strong concerns among investors. After China lifted many restrictive measures related to coronovirus, economic growth began to increase due to the fact that such large companies as Didi, JD, and Alibaba again appeared […]
Taiwan Air Force (Air Force) fighters intercepted an air group of 30 Chinese aircraft that entered the Taiwanese air defense (AD) area. This was reported by representatives of the Ministry of Defense of the island. The department indicated that Taiwanese fighters flew out to warn the PLA Air Force air group about entering the air […]
Chinese authorities will provide state subsidies to domestic airlines that have been hit hard by the COVID-19 pandemic and rising oil prices, according to a joint document between the Ministry of Finance and the Civil Aviation Authority of China. State assistance will be issued until July 20, provided that during each week the average daily […]
Work to attract a Chinese manufacturer to the production of Moskvich cars is underway, two companies are being considered, the Minister of Industry and Trade of the Russian Federation told TASS Denis Manturov. “There are two options (companies). I won’t name specific partners for now, but such work is really underway,” the head of the […]
