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Month: August 2023

Posted on 31/08/2023

Guangzhou eases mortgage rules as China ramps up efforts to revive property sector

In a notice, the Guangzhou city government eased mortgage curbs, allowing home buyers to enjoy preferential loans for first-home purchases. ( read original story ...)

Posted on 31/08/2023

China c.bank meets with private firms on offering financial support: Yicai

China's central bank, the top financial regulator and the Shanghai and Shenzhen bourses held a meeting on Wednesday with at least 11 private firms on offering financial support to the private sector, ... ( read original story ...)

Posted on 30/08/2023

US’s Gina Raimondo to meet Chinese women executives in Shanghai

THE TAKE: Raimondo's meeting with Chinese women executives in Shanghai is likely to spotlight the lack of gender diversity in China's business and government. It comes after some social media users in ... ( read original story ...)

Posted on 30/08/2023

Boy in Shanghai cycles 1,000km to faraway city in 9 days

Until now, the boy enjoyed 60km rides around the suburbs of his home town in Shanghai. Then he heard about Zibo, a city in Shandong province that is known for its cheap, mouthwatering grilled food. ( read original story ...)

Posted on 30/08/2023

Gina Raimondo hails ‘important beginning’ for US-China ties, wraps up trip at Boeing, Disneyland in Shanghai

But during a press conference after a visit to the Boeing Shanghai Aviation Services joint venture on Wednesday, Raimondo did not elaborate on the first exchange on the thorny issue of export controls ... ( read original story ...)

Posted on 30/08/2023

China says open for business, sidesteps US ‘uninvestible’ comment

China has defended its business practices after U.S. Commerce Secretary Gina Raimondo said American firms had told her it had become "uninvestible," highlighting a trend of global investors turning ... ( read original story ...)

Posted on 30/08/2023

Chinese EV start-up Hozon raises US$960 million in pre-IPO financing, looks to expand footprint at home and abroad

Shanghai-based carmaker did not name the investors in the crossover funding round, its first capital raise since July 2022 Hozon, also known as Neta Auto, is also seeking to raise US$1 billion via a ... ( read original story ...)

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