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Business and Market Discussion / View from India

2021-10-22

Business and Market Discussion / View from India

2021-10-22
 The China Banking and Insurance Regulatory Commission said yesterday that the Evergrande crisis will not hurt the credit of Chinese companies, citing China’s stable growth. But, it added, China will not stimulate the property market to shore up short-term economic growth.

Beijing’s internet watchdog has said articles from Caixin, one of China’s most prominent and reliable business publications, can no longer be republished by online news services. Outlets were deleted because they “no longer fit the conditions, have poor performance or lack influence.” The omission from the CAC’s approved list of 1,300 means Caixin’s articles cannot appear on internet platforms such as Sina.com that are popular ways for the Chinese public to receive news. The CAC said in a statement, China must strictly manage “illegal” investigations and reporting and work to cut off such information at the “source”.

On today’s Money Talk, we’re joined by David Roche from Independent Strategy and Mark Michelson of the Asia CEO Forum at IMA Asia. With a view from India is Toby Lawson of Societe Generale India.

Money Talk

A fast moving and topical business and finance show bringing you breaking business and economic news and financial market updates. Presented by former CEO and investment bank global trading head Peter Lewis, with over 30 years' industry experience. Join Peter and his expert guests for analysis and discussion on the day's top business stories live every weekday morning 8 to 8:30 a.m. on RTHK Radio 3. We have a podcast to download after the show and you can also listen through the RTHK Radio 3 website live or later in the day. We welcome your questions, comments and feedback to read out in the show. You can email us at moneytalk@rthk.hk, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkRadio3") .
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