The following discussion and analysis of financial condition and results of operations relates to the operations and financial condition reported in the unaudited condensed consolidated financial statements of China HGS Real Estate, Inc. for the…
Monthly Archives For February 2017
Platts China Oil Analytics – China Apparent Oil Demand in December Rose 2.3%
China’s apparent* oil demand in December 2016 rose 2.3% year over year to 11.69 million barrels per day (b/d), according to an analysis of Chinese government data by S&P Global Platts, the independent provider of…
China stocks rise for 4th session, scale 2-month high as materials firm
Market response seemed muted to news that China’s top securities regulator vowed to apprehend law-breaking financial tycoons he called “giant crocodiles”. Most sectors gained ground, while energy and real estate shares lagged behind. Stocks related…
China Hushen 300 index futures close higher Monday
The index futures was launched at the China Financial Futures Exchange (CFFEX) and started trading from April 16, 2010. The CFFEX has set the base value for all the contracts at 3,399 points. ( read…
Trudeau's China trip most expensive by a PM in past decade
Prime Minister Justin Trudeau’s trip to China last year was the most expensive trip by a Canadian prime minister in a decade. According to figures obtained by CBC News, Trudeau’s 10-day trip to Beijing, Shanghai,…
China blames U.S., South Korea for North Korea missile launch
BEIJING — China, facing criticism that it is not doing enough to pressure North Korea to drop its nuclear program, said Monday that the root cause of North Korean missile launches is friction with the…
Trump assures Japan after friendly phone call with China
“I believe that will all work out very well for everybody, China, Japan, the United States and everybody in the region,” Trump said at a joint news conference with Abe. Trump, fresh off patching up…
Subsidies of New Energy Vehicles in Beijing 2017 Falls to Minimum of Only 10,000 Yuan
Recently, Beijing Municipal Science&Technology Commission, Beijing Finance Bureau, and Beijing Municipal Commission of Economy and Information Technology invited relevant car enterprises to hold a special meeting. The meeting approved the local subsidy … ( read…
Exclusive: China's top developers plan to invest more in land this year – Reuters survey
The Chinese Academy of Social Sciences forecasts China’s property investment will rise 5.4 percent in 2017. Increasing competition for land in major cities will not only pose a challenge to authorities who want to avoid…
New Chinese-backed banks defy sceptics
BEIJING // The China-backed Asian Infrastructure Investment Bank (AIIB) has defied critics by rapidly accelerating its lending programme after its creation a little over a year ago. The AIIB has already made funds available to…
Has China beaten Nasa in building warp-drive technology dubbed the 'impossible engine'?
Back in November, leaked documents showed that Nasa believed that it had cracked the once impossible warp drive mystery and were working on an engine that could drastically reduce the time that it takes to…
Technology And Geography Unite To Fuel Growth
China’s first self-made high-resolution commercial satellite, the JILIN-1 Satellite, was launched in October, 2015 by Chang Guang Satellite Technology, located in Changchun New Area. It is the first satellite named after a province. The company…
Credit China eyes online payments, P2P
In January alone, Credit China unveiled a $30 million investment in San Francisco-based blockchain technology firm BitFury Group Ltd and is part of a group that offered HK$664 million for a stake in Ping An…
