Economic Watch: China boosts opening-up of futures market to attract global traders: Xinhuanet
December 28, 2020
China's drive to open its futures markets to the outside world has gathered pace with an ultimate goal to serve the real economy amid the country's efforts to seek high-quality development. China currently has seven kinds of commodity futures and options open to direct participation by international investors, after overseas investors were allowed to participate in the futures trading of a type of palm oil on Dec. 22. Click here to read...
Consumption to play bigger role in 2021: China Daily
December 28, 2020
Consumption is expected to become a major driving force for China's economic growth in 2021 with more supportive policies in place, while the country's fiscal spending is likely to focus more heavily on public services to improve livelihoods, particularly in education, health and elderly care, to keep the economy stable and within a proper range, experts said. Click here to read...
Fintech firm urged to rectify its operations: China Daily
December 28, 2020
China's financial watchdogs have required Ant Group, the financial technology arm of the country's e-commerce giant Alibaba, to rectify its major business lines to comply with laws and regulations, in order to ensure fair market competition and protect consumers' due interests, according to the central bank on Sunday. Click here to read...
China’s podcasters wary of censors as popularity grows: South China Morning Post
December 28, 2020
Wan Ying, 32, makes a living producing niche podcastsfor Harry Potter aficionados and museum nerds. She gets about 200,000 listens per episode. Four years ago, when she was briefly detained for releasing an episode mildly critical of the Hangzhou government – the host of China’s first ever G20 summit – she learned to skirt censorship
by making sure any potentially sensitive episodes had “soft and harmless” titles. Click here to read...
While China is knocking at the door of key trade agreement, will the US find its way in under Biden?: South China Morning Post
December 28, 2020
In October 2009, soon after United States president Barack Obama took office, Singapore’s founding father Lee Kuan Yew visited Washington and persuaded the American leader to reverse his initial position of resisting trade agreements by entering into negotiations for the Trans-Pacific Partnership (TPP). Click here to read...
Xinhua Headlines-Yearender: Xi's "cloud diplomacy" helps world emerge from pandemic with enhanced solidarity: Xinhuanet
December 27, 2020
In a year shadowed by the onslaught of coronavirus outbreak, the world witnessed glimmers of hope in China's unremitting efforts on rallying global consensus on COVID-19 response and charting the course for future development. Click here to read...
China Ban Sparks Union Call for Overhaul of Aussie Timber Industry: The Epoch Times
December 27, 2020
China’s ban on Australian timber from two more states last week has prompted a union call for immediate government help and an overhaul of the local industry. Click here to read...
