A worker wearing a mask works at a factory producing bicycle wheel rims in Hangzhou in eastern China's Zhejiang province. Factories in China have resumed production despite the Covid-19 outbreak.
A worker wearing a mask works at a factory producing bicycle wheel rims in Hangzhou in eastern China's Zhejiang province. Factories in China have resumed production despite the Covid-19 outbreak. - AP
Seeking to maximise returns, punters have driven stock leverage and daily turnover past 1 trillion yuan , both near four-year highs. Government bonds have surged too, with the 10-year yield approaching its lowest level since 2002. A succession of policy-easing measures ensured liquidity was ample in markets, with a measure of interbank borrowing costs tumbling to its lowest level in almost a decade.
Such a disconnect by China's still largely insulated markets isn't unusual. A stock bubble in 2015 existed in isolation to the rest of the world before bursting violently, which global peers mostly shrugged off.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Laos' Bokeo province eyes cattle exports to ChinaVIENTIANE (Vientiane Times/ANN): Bokeo province has strong potential for farming cattle for sale to China as it has a suitable climate and is located close to the Chinese border.
Read more »
Researchers identify two coronavirus strains as China cases dwindleExperts not directly involved in the study said its findings were interesting...
Read more »
S’wak bans arrivals with travel history to China, Iran, S Korea and ItalyCORONAVIRUS | This applies to all foreigners, while non-resident M’sians who’ve visited the countries are asked to stay away.
Read more »
Cybersecurity firm says CIA spent 11 years hacking ChinaAntivirus vendor Qihoo 360 claims the agency had targeted the aviation and energy sectors, among others. FMTNews Cybersecurity
Read more »
38 more deaths reported as new virus cases fall for third day in ChinaThe death toll nationwide is now 2,981, with more than 80,200 people infected in total. FMTNews China Virus
Read more »
China reports fall in new Covid-19 cases for third day, 38 more deathsBEIJING (AFP): China on Wednesday (March 4) reported 38 more deaths from the new coronavirus but a fall in fresh cases for a third consecutive day.
Read more »