In 2018 China’s coal sector reported a 21.5% profit increase, marking its third consecutive year of increase. Since 2013, the government has launched numerous campaigns to make coal, steel and aluminum industries more efficient.
Category: Brief
Despite being assailed by strong headwinds last year, corporate bond default rates in emerging markets not only remained stable but were lower than those in the developed world, but experts see danger on the horizon, with China’s housing sector being a source of fear.
The contribution of high value-added industries to China’s overall economic input fell to its lowest in 21 months after consecutively decreasing for three months, owing to a decrease in capital inputs in the country’s new economy industries, reports Caixin. The Mastercard Caixin BBD New Economy Index (NEI) measures labor, capital and technology inputs in 10 emerging […]
China’s securities watchdog released the final edition of rules governing the country’s new Nasdaq-style high-tech board. According to Caixin, they highlight the priorities placed on creating a capital market that will serve as a financial incubator for the country’s innovative technology firms. The new high-tech board was first announced by President Xi towards the end of last […]
The Canadian government approved the extradition proceedings against Huawei CFO Meng Wanzhou, related to allegation that Huawei violated US sanctions with Iran. The same day, Huawei CFO Meng Wanzhou filed a lawsuit in the Supreme Court of British Columbia claiming that her legal rights were violated when she was unlawfully detained at the Vancouver International […]