China Repo Rates Soar To 15 Month High After PBOC Warns Of Asset Bubbles, Drains Liquidity zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
Shenzhen, a first-tier city in South China's Guangdong province, has become the most attractive city for talent this year, followed by Hangzhou and Shanghai, 21st Century Business Herald reported citing the latest report from Maimai, a social networking app for office employees.
Tencent ranked first on the list of top 500 Chinese companies by market value in 2020, according to a report from the 21st Century Business Herald's official WeChat account.
By Ma Miaomiao · 2020-08-21 · Source: NO.35 AUGUST 27, 2020
The last batch of 500-meter rails were laid down on August 17 for a high-speed intercity railway linking Beijing and Xiongan New Area in neighboring Hebei Province in north China, marking the beginning of the countdown to the line s full operation.
A key project for the coordinated development of the Beijing-Tianjin-Hebei region, the Beijing-Xiongan high-speed intercity railway is expected to come into full operation by the end of the year, shortening the travel time between Beijing and Xiongan from the current two hours to about one hour.
This is a microcosm of China s recent blueprint to build a modern railway network, where commutes within cities will be limited to one hour by 2035. The upgraded travel system will also limit commutes within city clusters to two hours and between neighboring provincial capitals or city clusters to three hours.