HONG KONG China’s central bank will continue to implement reasonable adjustments to monetary policy while keeping it neutral with a tightening bias, People’s Bank of China (PBOC) advisor Sheng Songcheng said. The central bank will…
Monthly Archives For May 2017
Big banks’ profitability on the mend
Industrial and Commercial Bank of China Ltd, the world’s largest lender by assets, reported net profit of 75.8 billion yuan ($11 billion) in the first quarter, up by 1.5 percent year-on-year, according to the bank’s…
China stocks mixed, concerns over policy tightening linger; Hong Kong up
An advisor with the People’s Bank of China (PBOC) said the central bank will continue to implement reasonable adjustments to monetary policy. “If it went tight, it would be loosened a bit. The central bank…
BANK OF CHINA : COMES TO PAKISTAN
State Bank of Pakistan (SBP) has issued a banking license to the Bank of China. The Bank will commence its business in branch mode after meeting other regulatory requirements, which is yet another stride towards…
China Merchants Bank : Vanke to Set up Investment Funds With Merchants Bank
China Vanke Co. (2202.HK) has agreed to set up two investments funds with units of China Merchants Bank Co. (>> China Merchants Bank Co., Ltd) for consolidating the commercial properties of the Chinese real-estate developer.…
China’s imports from North Korea sink as coal ban bites
Washington has weighed tougher economic sanctions on Pyongyang, including an oil embargo, a global ban on its airline, intercepting cargo ships and punishing Chinese banks that do business with Pyongyang. North Korea gets most of…
Opportunities for business in China’s One Belt One Road
The federal government’s lukewarm response to China’s massive One Belt One Road infrastructure plan should not deter Australian businesses from coming up with their own comprehensive engagement strategies. It is clear to Chanticleer following a…
UDM shows China is backing Russian energy industry
A ship carrying one of Sinopec’s modules for a project in Russia is about to leave a port in China. PROVIDED TO CHINA DAILY The world’s largest refiner, China Petroleum & Chemical Corp, also known…
China urges balance on environment, economy in Antarctica
China is seeking to carve out a greater role in determining the continent’s future while hosting delegates from more than two dozen nations that have agreed to an Antarctic protection treaty. Vice Premier Zhang Gaoli…
China looks to brand development
SHANGHAI: Chinese businesses are placing growing importance on brands, a new study says, as they look to move away from a focus on price and address the challenges posed by a consumer society and overseas…
Luxury Brands Get Love Struck In China
For Western luxury brands, it might seem odd to be adding hearts and cupids to campaign images in the middle of May, but not doing so could be a missed opportunity to engage China’s lovebirds.…
China’s infant formula trends: Sales boom predicted with organic and premium brands leading the charge
China’s infant milk formula market is poised to boom in the next five years as a result of the new “two-child” policy, and tighter rules issued by regulators, analysts said today. New research from Mintel…
Luxury brands still draw wealthy Asians
Despite the global economic downturn, some 65% of wealthy Asian shoppers still spend on luxury brand-name products when they go abroad, says Publicis Media. Bertilla Teo, chief executive of Publicis Media Greater China, said global…
ADVERTISEMENT
