Facebook Chief Executive Officer Mark Zuckerberg has long been courting China’s leaders, studying Mandarin … conditions would make any deal not worth the cost, either ethical or financial. Though the U.S. press often writes as…
Monthly Archives For November 2016
China central bank rejects media report that some mortgage lending suspended
BEIJING (Reuters) – The People’s Bank of China (PBOC) on Tuesday rejected a media report which said the central bank had told some banks in cities with overheated property markets to stop issuing new home…
China’s big march into infrastructure finance
The big theme of the coming decades in finance is infrastructure. That was the message delivered by US President-elect Donald Trump in his acceptance speech on November 9 and that theme resonates across Asia. This…
CSC Financial’s Hong Kong IPO Seeks as Much as $1.06 Billion
Cornerstone investors will buy about $597 million of stock Citic, China Structural Reform Fund to purchase shares in IPO CSC Financial Co., the Beijing-based brokerage and investment bank, and an existing shareholder are seeking as…
Straszheim: Trump to 'Shuffle His Feet' on China
Nov.29 — Donald Straszheim, head of China research at Evercore, discusses U.S. President-elect Donald Trump’s approach to China and his expectation that China will retaliate and hurt American businesses if tariffs are put in place…
China puts brakes on overseas spending spree
China has spent hundreds of billions of dollars from its vast foreign exchange reserves, the world’s largest, in its efforts to keep the yuan from falling too rapidly. Chinese investment in non-financial firms surged 53…
Trump Confronting China on Trade Risks Corporate Backlash (1)
Because he’s from outside the establishment he also may be more resistant to lobbying than previous administrations, says Victor Shih, a professor at the University of California at San Diego who studies China’s politics and…
FinTech in China: A 53-Point Summary
China is the world’s largest FinTech market. In 2015, its market size of Internet finance was greater than $1.8 trillion. 2. China is a global leader in every aspect. The country has taken in some…
Beijing untypically quiet on Taiwan drills in South China Sea
ITU ABA, South China Sea Taiwan held rescue drills on Tuesday off the coast of its sole outpost in the Spratly Islands of the South China Sea, but the biggest claimant in the disputed area…
China looks to clamp down on foreign investments
regulators are contemplating new measures that could include detailed scrutiny of purchases outside China and a temporary cap on overseas buying, set at $10-billion (U.S.) for foreign investments, $1-billion for assets outside a company’s core…
China Southern flights between Guangzhou and Christchurch
China Southern Airlines is to ramp up its flights between Guangzhou and Christchurch over the summer, with flights stepping up to five times per week, from three times, and then daily for just over a…
China's immense solar ambitions get an Aussie tech boost
SEE ALSO: Tesla is powering an entire island with solar energy, NBD On Tuesday, Australia’s peak science body announced it would be selling solar heliostat technology to China as part of a major new deal.…
China plans to build $2bn film studio
China’s government has announced it will build a $2bn (£1.6bn) film studio in another push to expand China’s already burgeoning film industry. The studio, based in Chongqing in the south west of the country, will…