The head of Twitter’s China operations has left the firm after seven months in charge. Kathy Chen announced she was leaving following a restructure of the business in Asia. While Twitter is blocked in China,…
Monthly Archives For January 2017
What was behind China's 2016 baby boom?
As soon as China abandoned its one-child policy a year ago, Zheng Xiaoyu and her husband started trying for a sibling for their nine-year-old son. Their efforts bore fruit with another boy — one of…
China’s small banks vulnerable to bond sell-off, analysts say
Nonetheless, the fact that the People’s Bank of China still seems able and willing to step in, means that any major crisis remains some way off still. On Friday, yields of Chinese 10-year government bonds…
China central bank adviser calls for flexible 2017 growth target
China’s economy grew 6.7 percent in the third quarter from a year earlier and looks set to achieve the government’s full-year forecast of 6.5-7 percent, buoyed by higher government spending, a housing boom and record…
China facing financial highwire act in 2017
China is embarking on a financial highwire act. At the top of regulators’ agenda in China for 2017 is a campaign to wean the nation’s sprawling financial system off cheap borrowing and rising credit levels.…
China’s First FinTech Angel Fund
China today witnesses the founding of FinPlus, the country’s first angel fund and accelerator that focuses on investing in startups that feature financial technology (FinTech). Fugel Holding, the company that is backing FinPlus, decided to…
China’s economic rebalancing is making progress, but there’s still more to do
The September visit of Prime Minister Justin Trudeau to China was a success, on many levels, and signalled renewed Canadian interest in stronger commercial links. The uncertainty about trade relationships as a result of the…
China Mobile (Hong Kong) Ltd. (NYSE:CHL) Receives An Update From Brokers
Analysts reviewing China Mobile (Hong Kong) Ltd. have recently updated their recommended buy/sell ratings and price targets on the stock. 10/27/2016 – China Mobile (Hong Kong) Ltd. had its “mkt perform” rating reiterated by analysts…
IGM Financial makes bold bet on China with latest deal
IGM Financial Inc. is taking a stake in one of China’s largest investment managers in a bid to tap into the Asian country’s burgeoning base of savers and investors. Mackenzie Financial Corp., IGM’s subsidiary, will…
Beijing starts 2017 under a cloud
Beijing woke on the first morning of the New Year covered in thick toxic fog, with a concentration of harmful particles 20 times higher than international standards. After a long period of pollution in December,…
China central bank raises requirements for cash and overseas transactions
Dec 29 The People’s Bank of China (PBOC) rejected a media report that the yuan broke the 7.0000 per dollar level in the onshore market on December 28, the Chinese central bank said on its…
China state broadcaster rebrands in international push
BEIJING – State broadcaster Central China Television has rebranded its international networks and digital presence under the name China Global Television Network as part of a push to consolidate its worldwide reach. CCTV on Friday…
China court jails 16 for black market kidney trading
Xinhua news agency said. Among them were two doctors, a nurse and an anaesthetist who the court said carried out secret transplant surgery. A shortage of donors has led to a booming black market for…
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