The bank has another four branches in Beijing, Shanghai, Guangzhou and Shenzhen. (This story has been corrected to say bank has launched its business in two branches, not opened two new branches ... ( read original story ...)
No Help Yet For China Stock Market
The China stock market has finished lower in four straight sessions, sinking more than 115 points or 3.9 percent along the way. The Shanghai Composite Index now sits just beneath the 2,975-point ... ( read original story ...)
World Bank’s Malpass, IMF’s Georgieva see rising risks of global recession
An employee of German food discounter ALDI Nord in Essen Germany, March 5, 2021. REUTERS/Wolfgang Rattay/File Photo ... ( read original story ...)
Hong Kong tech stocks drag market down 2%; Asia markets drop
Shares in the Asia-Pacific fell as Chinese chip stocks listed in Hong Kong plunged following new export rules from the U.S. ( read original story ...)
Lockdown worries return to Shanghai as China Covid-19 tally climbs
China is stepping up efforts to contain Covid-19 outbreaks ahead of the Party Congress, with national cases climbing to the highest in almost two months and concerns about widening lockdowns rippling ... ( read original story ...)
Shanghai’s Covid tally highest since 3 months, sparks lockdown worries
Shanghai posted 34 new local infections, the most in almost three months, with two infections found outside of its quarantine system. ( read original story ...)
Ageless and scandal-proof: Chinese tech groups bank on virtual influencers
China’s celebrity influencers Viya and Li Jiaqi — aka Austin Li the “lipstick king” — used to attract millions of shoppers to ecommerce platforms, but their scandals and subsequent disappearances ... ( read original story ...)