Earlier this week, CCN reported that the People’s Bank of China (PBoC) announced its plans of utilizing blockchain technology to develop a blockchain-based national currency called “RMBCoin,” By using a technology which underpins bitcoin, the…
Monthly Archives For January 2017
China Exim Bank lends more to help China firms go global
BEIJING, Jan. 29 (Xinhua) — The Export-Import Bank of China (China Exim Bank) improved financial support for domestic firms to help them increase their presence in the global market last year. The bank issued a…
China orders stricter policies on new loans
To cut excess leverage in the financial system, China’s central bank has ordered for a stringent control on new loans within the country’s banking sector in the first quarter of this year. The People’s Bank…
China’s Fake Bonds Flash Enron Warning
China’s latest bull market in bonds isn’t about rising prices or improving credit conditions. It’s about fakes. Global uncertainties are pushing government debt yields toward their highest level since September 2015. Amid the chaos, China’s…
Brian Gaynor: Finance company sale raises fears
There is widespread apprehension regarding the sale of UDC Finance, the country’s largest finance company, to China’s HNA Group. This is because UDC is an important lender to domestic industrial companies, because it may have…
Sit Investment Associates Inc. Raises Position in China Mobile (Hong Kong) Ltd. (CHL)
Sit Investment Associates Inc. boosted its stake in shares of China Mobile (Hong Kong) Ltd. (NYSE:CHL) by 3.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission.…
China Mobile and Ericsson team on IoT
China Mobile has partnered with Ericsson on a strategic partnership for its Internet of Things strategy. The Chinese operator will use Ericsson’s Device Connectivity Platform to streamline its process for provisioning and deploying IoT services…
China Seeks to Calm US Concerns Over Semiconductors
China and the US consider microchip technology as a crucial cog in their national security and economy. (Photo : Getty Images) Amid growing tensions between the two countries, China’s technology ministry is trying to play…
China to recycle 350 mln tonnes of waste resources by 2020
The guideline was jointly released by ministries of industry and information technology, commerce and science and technology. China will develop a sophisticated system for renewable resources, state-run Xinhua news agency reported today. By 2020 ……
China Mobile : CPEC is a Holy Cow for China and Pakistan
THOUGH, I know very little about the CPEC project in terms of statistical data and share of provinces, regions and other drawbacks. The problems of economic cost which Pakistan is supposed to pay back in…
BSE exchange draws robust demand for $182 million IPO
The IPO, which is seeking to raise 12.43 billion rupees ($182 million … as a portion of financial savings is only 5 percent in India compared to 14 percent in China, 20 percent in Indonesia,…
BSE IPO, Donald Trump’s TPP pullout and Flipkart valuation cut again
It will also allow space for China to step into a more influential role in the Asia … 8. Strong response to BSE IPO The Rs1,234.4 crore initial public offering (IPO) of Asia’s oldest stock…
Week in Review: China Investors Announce $4 Billion of Life Science Deals
Knowledgeable observers expect the IPO to take place in Q2, raise $300 million and value WuXi Biologics at $1.5 billion. Sanpower Group enlisted China’s CITIC Bank, a state-owned investor, to raise $2.9 billion for a…
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