Global holdings of Chinese stocks and bonds have surged about 40% to more than $800 billion over the past year as investors bought assets at a record pace, reported the Financial Times. Offshore investors have bought a net $35.3 billion of Chinese stocks in the year to date via trading platforms that link Hong Kong […]
Author: grahamearnshaw
About 1.37 billion trips were taken on China’s railways in the first half of this year, up two-thirds year-on-year and back to 77% of the 2019 level, according to data released Sunday by the network operator, reported Caixin. Cargo transport volume rose 8.9% year-on-year in the first six months to 1.85 billion tons, partly driven […]
Chinese cities are among the big emitters responsible for more than half the carbon produced by 167 urban centers worldwide, an analysis of emission trends has found, reported the South China Morning Post. Just 25 cities – including Handan, Shanghai and Suzhou in China, along with Tokyo, Moscow and Istanbul – accounted for 52% of […]
Dagong Global Credit Rating,one of China’s largest debt ratings agencies, has been ordered to rectify its operations after allegedly failing to adequately scrutinize or inspect the businesses it was evaluating, earning its second official sanction in a month, reported Caixin. The Beijing-based company had not conducted the necessary analysis of the major factors impacting solvency […]
Chinese companies that have the data of more than 1 million users will need to pass a security review before issuing shares on overseas stock exchanges, the country’s internet regulator said on Saturday, reported the Financial Times. The announcement from the Cyberspace Administration of China came less than a week after the State Council, China’s […]