Latest News for: Chinese markets

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Economic Watch: ETF trading under mainland-Hong Kong stock connect kicks off

People Daily 05 Jul 2022
BEIJING, July 4 (Xinhua) -- Trading of exchange-traded funds (ETFs) under the mainland-Hong Kong stock connect programs began on Monday, marking a significant step to deepening the cooperation of capital markets in both the Chinese mainland and Hong Kong ... Kong market, she added.
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ETFs seen diversifying portfolios

China Daily 05 Jul 2022
Asset managers and securities firms in the Chinese mainland and Hong Kong markets will see their services further enhanced under such an arrangement ... International investors can thus tap into the Chinese mainland market more conveniently, which will also translate into a driving force for the renminbi's internationalization, they said.
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RCEP keeps releasing dividends

People Daily 05 Jul 2022
Besides, more high-quality imports are entering the Chinese consumption market thanks to the RCEP, said an official from the Chinese Ministry of Commerce (MOFCOM) ... China’s efforts to align the Chinese market with the RCEP and fulfill the country’s commitment to opening up mirror its resolution and sincerity to further expand opening up.
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Alibaba Stock Is Back in Its Groove. Why Chinese Tech Could Keep Outperforming.

Barrons 05 Jul 2022
lost almost half of its market value last year while the gained more than 25%, disappointing investors in Chinese tech stocks who had enjoyed years of benchmark-beating returns. Now, with the S&P 500 in a bear market, the tide looks to have turned ... market, we think there is room for Chinese equities to catch up in the months ahead.”.
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CX Daily: Overturning of Abortion Rights Lays Bare the Polarization of America

Caixin Online 05 Jul 2022
China to expand global investors’ access to its financial derivatives market. Authorities on the Chinese mainland and Hong Kong said Monday that they will jointly launch a “Swap Connect” program in six months to allow offshore investors a wider access to the mainland interest rate swap (IRS) market ... Chinese cities slash spending as revenue declines.
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China calls virtual trade talks with US ‘constructive’

Irish Independent 05 Jul 2022
... unfair and non-market Chinese economic practices.There was no mention of the war in Ukraine in the Chinese statement, but it said Liu and Yellen believed the current global economy is facing "grim" challenges.The invitation for the video call came from the U.S.
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Chill wind sets in on Australia investment

China Daily 05 Jul 2022
It should come as no surprise that Chinese investors are giving Australia a wide berth ... "The environment is now more conducive to the resumption of senior-level dialogue, which will be an important first step in renewing confidence in the Australian market among Chinese investors," he said.
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China calls virtual talks with Yellen ‘constructive’

FX Empire 05 Jul 2022
BEIJING (Reuters) -Chinese Vice Premier Liu He had a “constructive” virtual dialogue with U.S ... In its statement, the Treasury Department said Yellen “frankly” raised issues of concern including the impact of Russia’s war against Ukraine on the global economy and unfair and non-market Chinese economic practices.
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China calls virtual talks with Yellen 'constructive'

Reuters 05 Jul 2022
BEIJING, July 5 (Reuters) - Chinese Vice Premier Liu He had a "constructive" virtual dialogue with U.S ... In its statement, the Treasury Department said Yellen "frankly" raised issues of concern including the impact of Russia's war against Ukraine on the global economy and unfair and non-market Chinese economic practices.
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Shanghai Composite Index Ended Nearly Flat on Tuesday

Caixin Online 05 Jul 2022
· Chinese Lithium Giant Falls Under Insider Trading Probe ... · China to Expand Global Investors’ Access to Its Financial Derivatives Market ... · Chinese Online Music Tutor Shuts Down, Leaving Paying Customers in the Lurch ... Follow the Chinese markets in real time with Caixin Global’s new stock database.
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Peaches, watermelons, garlic as down payment for homes; Chinese property developers desperate for sales

International Business Times 05 Jul 2022
It valued the produce at 100,000 Chinese yuan, several times what it would cost at local markets, the BBC reported ... Under the deal, one catty of garlic, which is equivalent to around 600 grams, was valued at five Chinese yuan, which is around three times its market price, the BBC reported.
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US, China talk trade, supply chains as Biden weighs tariff cuts

Al Jazeera 05 Jul 2022
In a virtual meeting with her Chinese counterpart on Tuesday, Yellen “frankly” raised concerns about China’s “unfair, non-market” economic policies and Russia’s war against Ukraine, the US Treasury Department said in a statement.
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Chinese property developers accept farm produce for homes

BBC News 05 Jul 2022
Several Chinese property ... It valued the produce at 100,000 Chinese yuan - several times what it would cost at local markets ... Under the deal, one catty of garlic, which is equivalent to around 600g, was valued at five Chinese yuan, which is around three times its market price.
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In China, homebuyers make down payments in peaches, watermelons and garlic

DNA India 05 Jul 2022
The company valued the produce at three times the market price ... The company held the 5,000 kgs of the fruit at a value of 100,000 Chinese yuan, which is many times more that what would be the value in local markets. The company, however, wrapped up the promotion earlier than the slated date, state-run Chinese media reported.
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Top Chinese, US officials discuss global supply chains

Anadolu Agency 05 Jul 2022
Top Chinese and US officials on Tuesday held a virtual meeting to discuss the global economic situation. Chinese Vice Premier Liu He, President Xi Jinping’s top economic aide, held a meeting via video link with US Treasury Secretary Janet Yellen, with Beijing describing the conversation as “pragmatic and candid.”.

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