Asia Times Financial Asia Times Financial
    ATF China Bond 50 Index

    India gets a reality check with Moody’s downgrade  

     India gets a reality check with Moody’s downgrade  
    Asia News Jun 01
    Asia’s third-largest economy placed one rung above junk as pre-coronavirus fiscal crisis deepens likelihood of contraction 

    China

    Rural e-commerce grows as China’s stay-at-home economy thrives
    Technology Jun 01
    Rural e-commerce grows as China’s stay-at-home economy thrives
    Thousands of new firms take advantage of stimulus measures and open e-commerce channels to serve distant communities during coronavirus lockdown and beyond
    ‘Third board’ turnover tops 40 bln yuan
    Markets Jun 01
    ‘Third board’ turnover tops 40 bln yuan
    Growth enterprise and start-up exchange has more than 8,000 companies registered
    China 2020 bond sales top 20tn yuan 
    Bonds Jun 01
    China 2020 bond sales top 20tn yuan 
    Year’s issuance plans front-loaded to first quarter to help ease economy out of coronavirus crisis
    Company Report: SMIC
    China Business Jun 01
    Company Report: SMIC, China Merchants Shekou
    Semiconductor maker gives up shares issue rights; industrial zone operator to raise acquisition funds

    Beijing repeats warning over US action over security law 

    Beijing repeats warning over US action on security law
    Hong Kong and Macau Jun 01
    China says it will retaliate but details of US response are yet to be revealed, while over 700 US firms are based in Hong Kong and could be hit by the finance hub's loss of trade privileges
    ECB expected to pump up eurozone support
    Economy Jun 01
    ECB expected to pump up eurozone support
    The European Central Bank could announce hundreds of billions of euros in new bond-buying this week to keep fighting the pandemic crisis, analysts say
    India Q1 growth worst in two decades
    Asia News Jun 01
    India Q1 growth worst in two decades
    Second quarter growth could be even worse as the impact of the world's biggest lockdown hits
    US indicts Koreans, Chinese for $2.5 bn network to dodge sanctions
    Asia News May 29
    US indicts Koreans, Chinese for $2.5 bn network to dodge sanctions
    US Justice Department says 28 North Koreans and five Chinese operated money-laundering ring that moved billions of dollars through global banks to avoid nuclear sanctions on Pyongyang
    This week: PMI surveys, ECB, RBA, BOC rates, US non-farm payrolls
    Markets Jun 01
    This week: PMI surveys, ECB, RBA, BOC rates, US non-farm payrolls
    Business surveys in a host of countries this week will provide the first major insights into global economic trends in May
    VW becomes Guoxuan’s biggest shareholder
    Aviation and Transportation May 29
    VW becomes Guoxuan’s biggest shareholder
    Electric battery maker’s shares surge after 6bn yuan deal after German carmaker secures deal for its EV plans
    Bonds to help China partly rebuild its Grand Canal
    Bonds May 29
    Bonds to help China partly rebuild its Grand Canal
    Proceeds from 10-billion yuan issue to be used on a range of projects along the canal's 1,800km length
    China's digital push could help internationalise the yuan
    Digital Finance May 27
    China's digital push could help internationalise the yuan
    The PBoC launched pilot testing of a central bank digital currency (CBDC) in four cities last month, which will give it 'first-mover advantage' in the post-virus world
    Firm ‘buying 1.5X amount of Bitcoin being mined’
    Digital Finance May 29
    Firm ‘buying 1.5X amount of Bitcoin being mined’
    Grayscale Investments has acquired 18,910 since halving. However, Goldman Sachs is telling clients to stay away
    US layoffs exceed 40m but some are returning to work
    Economy May 29
    US layoffs exceed 40m but some are returning to work
    Labor Secretary Eugene Scalia, however, acknowledged that the national unemployment rate could hit 20%
    South Korea is the pivot in the Huawei wars
    Comment and Opinion May 29
    South Korea is the pivot in the Huawei wars
    Restrictions on semiconductor sales to Chinese companies are 'unacceptable' to Seoul
    Kaifeng eyes logistics hub status
    Aviation and Transportation May 29
    Kaifeng eyes logistics hub status
    Henan port city keen to put itself in RBI web with cargo railway already running regular services into hinterland
    Google cautions EU on AI rule-making
    Technology May 29
    Google cautions EU on AI rule-making
    Tells the European Union that its definition of artificial intelligence is too broad, saying too much legal exposure could stifle innovation
    Confirmed: ‘No India crypto ban’
    Asia News May 27
    Confirmed: ‘No India crypto ban’
    In response to Right to Information request, central bank says exchanges, firms and traders can operate freely
    Tencent to sink 500bn yuan into new infrastructure
    Technology May 27
    Tencent to sink 500bn yuan into new infrastructure
    Data centres, a 5G network and blockchain among targets of fresh investment
    Singapore GDP could fall 7% this year
    Asia News May 26
    Singapore GDP could fall 7% this year
    Finance minister to announce second stimulus package as city-state faces its worst contraction since independence in 1965

    Insights into China's new civil code 

    Insights into China's new civil code
    China Business May 31
    After years of work, a huge collection of civil laws covering a vast spectrum of social issues has been approved by the country's parliament and will come into force in January; it will affect all business and people in China

    Huawei Row

    Canadian court rules against Huawei exec fighting extradition
    Asia News May 28
    Canadian court rules against Huawei exec fighting extradition
    British Columbia judge rules that proceedings to extradite Meng Wanzhou to the United States will go ahead, saying bank fraud allegations are a crime in Canada and the US
    US-China chip battle burning firms on both sides
    Technology May 19
    US-China chip battle burning firms on both sides
    Key parts in Chinese phones come from American chip technology, and these devices are central to revolutionary applications now being developed; they are also found in weapons
    Huawei draws line in the sand amid US-China tensions
    Technology May 19
    Huawei draws line in the sand amid US-China tensions
    Execs say, it's not about cybersecurity, it's about the US leveraging tech power to crush opponents
    China says it’s hit ‘fast forward’ on 5G
    Technology May 18
    China hits ‘fast forward’ on 5G
    More than 200,000 high-speed network base stations now in use by 128 million customers, ministry claims

    Recent Bonds and Ratings News

    China keen to beef up laws against bond, securities fraud
    China Business May 26
    China keen to beef up laws against bond, securities fraud
    Deputy director of the NPC’s Finance Committee says that company and criminal laws should be revised urgently to support the new securities law, with jail terms of up to 25 years for offenders
    Shanghai pilot scheme for short-term corporate bonds
    Bonds May 23
    Shanghai pilot scheme for short-term corporate bonds
    Companies applying for public issues of short-term corporate bonds which are listed on the SSE should have good short-term solvency
    China urged to loosen shackles on SME bond market
    Bonds May 19
    China urged to loosen shackles on SME bond market
    Regulator says funding for businesses that account for 60% of GDP needs to be opened up to enable growth among small business
    China launches its first 'blue bond' 
    Bonds May 18
    China launches its first 'blue bond' 
    Funds from the Pearl River Delta Water Resources Allocation Project Special Bond will be used to increase drinking water in southern China

    Analysis

    G20 finance projects give $77 bn a year to fossil fuels
    Economy May 27
    G20 nations giving $77 bn a year to fossil fuel projects
    China, Japan, Canada and Korea among countries still giving three times as much each year to oil and gas projects as they do to clean energy; IEA urges Asian states to avoid coal projects
    Positioning for the great thaw 
    Comment and Opinion May 23
    Positioning for the great thaw 
    Reorganisation of global supply chains after the pandemic may not harm China - it could work in its favour
    Why ‘Made in Vietnam’ won’t replace ‘Made in China’
    Asia News May 22
    Why ‘Made in Vietnam’ won’t replace ‘Made in China’
    As US seeks to decouple from China, it's a reach to think Vietnam will easily become the world's next factory floor
    Trump's pension fund ban could split global markets
    Comment and Opinion May 16
    Trump's pension fund ban could split global markets
    Order to federal retirement fund to drop investment in an index that includes Chinese companies under US sanctions and export bans could have sweeping ramifications

    Technology vs. Coronavirus

    WeChat data breach casts doubt on personal credit system  
    Digital Finance May 23
    WeChat data breach casts doubt on personal credit system  
    Company says hackers created false data reports that were spread amongst users, but parent company Tencent is now a giant in China and has faced similar challenges before
    Apple, Google launch contact tracing platform
    Technology May 21
    Apple, Google launch contact tracing platform
    The two firms said 22 countries had so far asked to use their platform and they expect more to come on board in coming weeks
    Renewable energy should be at the heart of virus recovery plans: IEA
    Technology May 20
    Renewable energy should be at heart of virus recovery plans: IEA
    Agency says renewable projects are still of vital importance despite temporary drop in emissions and energy demand
    Facebook chief wants EU not China to lead on tech rules
    Economy May 19
    Facebook chief wants EU not China to lead on tech rules
    Zuckerberg says Chinese model of control is 'dangerous' if it spreads to other countries, urges EU to set global standards for tech regulation

    The Asia Times Financial China Bond 50 is a unique 50-constituent bond index that provides an investable measure of the Chinese onshore fixed-income markets. Asia Times Financial is delivered in partnership with: