BEIJING – China has criticized a decision by the Moody’s rating agency to cut its rating for Chinese government debt and defended Beijing’s finances and economic reforms. A finance ministry statement complained Moody’s used “inappropriate…
Monthly Archives For May 2017
China stocks fall after rating cut as other Asian markets post gains
CHINESE DEBT: Moody’s Investors Service downgraded the Chinese government’s rating for long-term local currency and foreign currency debt, citing China’s overall rising debt. Moody’s cut the rating to a still relatively robust A1 from Aa3…
China Mobile : Sixth China OpenStack Bug Smash Ensures Smooth Release
Release date- 22052017 – Suzhou, China – Huawei, China Mobile, Intel, and China Electronics Standardization Institute (CESI) teamed up to host the sixth China OpenStack Bug Smash from May 17 to 19 this year. During…
Woman arrested for trying to send U.S. space technology to China
WASHINGTON (Reuters) – A California woman was arrested on Tuesday on federal charges of conspiring to procure and illegally export sensitive space communications technology to her native China, the U.S. Justice Department said in a…
Moody’s downgrades China, warns of fading financial strength as debt mounts
China’s Shanghai Composite index .SSEC fell more than 1 percent in early trade before paring losses, while the yuan currency in the offshore market CNH=D3 briefly dipped nearly 0.1 percent against the U.S. dollar after…
Moody’s cuts China rating citing rising debt, slowing growth
Rating agency Moody’s cut its credit rating for China on Wednesday, citing slowing economic growth and rising debt that it says will erode the country’s financial strength. Moody’s said that it is downgrading its long-term…
Moody’s downgrades China’s credit rating
China has received a downgrade on its credit score, on worries about the future state of the economy. Moody’s Investors Services brought down China’s long-term local currency and foreign currency issuer ratings by one notch…
Wearable tech latest must-have for China’s proud pet owners
Alfred Ng, chief technology officer at Suga, estimates China is now 5 percent of a global market that U.S.-based market intelligence firm Transparency Market Research estimates was worth $1 billion at the end of 2016.…
Woman arrested on charges of smuggling U.S. space technology to China
WASHINGTON A California woman was arrested on Tuesday on federal charges of conspiring to procure and illegally export sensitive space communications technology to her native China, the U.S. Justice Department said in a statement. Si…
China looks to B.C. to help recreate Silk Road
Lu, who began his Ottawa posting this year, spoke at a meeting for the Canada China Business Council at the Sheraton Vancouver Wall Centre on May 11, reiterating how China sees B.C. businesses benefiting from…
Moody’s downgrades China, warns of eroding financial strength as debt rises
SHANGHAI Moody’s Investors Services downgraded China’s long-term local and foreign currency issuer ratings on Wednesday, citing expectations that the financial strength of the world’s second biggest economy would erode in the coming years. The ratings…
Moody’s downgrades China, expecting financial strength to erode as debt rises
The ratings agency also changed its outlook for China to stable from negative. The downgrade one notch to an A1 rating from AA3 comes at a time when the Chinese government is grappling with the…
Retail Brands Target Chinese Travelers on Mobile Before They Leave Home
Digital intelligence firm L2’s recent report “Cross-Border and Travel Retail: Connecting Digitally with China’s Shoppers” discusses ways brands can be targeting consumers online both during their journey overseas and before they set off. ( read…
