NEW DELHI: China’s longterm plans for Pakistan would do the East India Company proud. Proposals for the China Pakistan Economic Corridor+ revealed in Pakistani newspaper Dawn envisage thousands of acres of agricultural land being leased…
Monthly Archives For May 2017
Beijing discusses long-term plan to restructure capital city
Beijing deliberated an overall urban plan for the municipality from 2016 to 2030 on Wednesday, which an expert said will restructure the capital and move out the non-essential capital functions. The draft on Beijing Urban…
Beijing wheels out soft power for ‘Millennial Road’ gala performance
All eyes were on China for its biggest diplomatic event of the year – the Belt and Road Initiative summit – where leaders hoped to win over nations by wielding Beijing’s soft power alongside its…
Beijing hukou, most vital in job hunting?
With graduation season approaching, many college graduates still hesitate about their next move. For many, a job providing a Beijing hukou, which offers a residence permit and a number of social benefits in Beijing, is…
Jack Ma's Ant Financial Eyes More Deals in Global Expansion
Ant Financial, China’s largest provider of internet financial services, will continue investing in mobile-payment providers around the world to boost offshore revenue and buttress itself from rising competition and tighter regulation at home. Controlled ……
China’s COMAC eyes investment in Bombardier
Bombardier Inc. has held talks with Chinese state-owned aerospace manufacturer Comac about a deal that could inject new life into its passenger jet business, according to … by Boeing Co. In a bid to cut…
China's banking regulator to step up protection after cyber attack
BEIJING China’s banking regulator said on Wednesday it will strengthen cyber security protection at banks to prevent “disruptive systemic risk events” after the global WannaCry “ransomware” attack infected more than 300,000 computers in 150 countries.…
BRIEF-China Financial Services updates on entering subscription agreement
May 17 China Financial Services Holdings Ltd : * Company and China United SME Guarantee Corporation entered into subscription agreement * Net proceeds of subscription, after deduction of related expenses, will be approximately HK$165.0 million…
Smaller Cities Keep China Property Market Hot in April
BEIJING — Home prices in China’s biggest cities softened in April as administrative curbs to dampen a red hot property market took effect, but robust demand in smaller cities resulted prices nationwide rising by their…
China home prices pick up pace in April despite curbs
Analysts say accelerated prices gains were likely supported by increased demand in smaller cities where property market curbs are less stiff. Prices in China’s smaller cities, or known as tier-3 cities, grew 0.9 percent in…
China developers' offshore dollar bond sales dry up as issuance curbs bite
as Beijing’s bid to cool the property sector closes corporates’ access to the global debt market. Bankers and developers who spoke to Reuters say China’s National Development and Reform Commission (NDRC), which approves corporate debt…
Chinese buying up property
prefer property in Thailand over China, as prices are lower. Sales-purchase conditions in Thailand are also less complicated, with lower down payment rates and property transfer fees. According to Mr Wason, investors who purchase rental…
China’s Housing Market Springs a Leak
In southern China, it’s the season of “plum rains”, when wet weather helps the fruit ripen—but also causes severe flooding. This spring, China’s all-important housing market, which supports around a quarter of the economy and…
