China will achieve carbon neutral before 2060, Chinese President Xi Jinping says. The country has a lot of money on hand to stimulate a recovery. Global financial giants fight for bankers. Plus, a semiconductor merger's fate is in China's hands.

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HSBC sinks to its lowest level in more than a decade. Why? China's regulator fines Luckin Coffee and companies involved in the financial fraud. A second wave of Covid-19 infections in China this winter is “inevitable”, a top expert says. Plus, the new U.S. labelling rule could hurt Hong Kong 's business, but may have little impact on its overall trade.

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ByteDance founder may be the only Chinese citizen on TikTok Global’s board. Consolidation kicks off in China's brokerage industry. The country sets up three new pilot free trade zones. Yoshihide Suga looks to follow his predecessor’s approach to China. A U.S. judge blocks Trump’s WeChat ban. Plus, China plans to change its medical insurance system.

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Yuan's recent surge is mainly due to the Fed's stimulus measures, analysts say. China’s ambassador to the U.S. calls for greater understanding and cooperation. Japanese companies operating in China feel the chill over tensions between the world's two largest economies. Plus, the Premier League signs a TV deal with Tencent.

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