But its location on the Arabian Sea makes it the perfect point of connection between China’s far west and markets in the Middle East and Africa. That has placed it at the heart of China’s…
Monthly Archives For May 2017
China’s Xi decries protectionism, touts Silk Road
China has defended globalization at a time when the United States … share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.…
China stocks rise as govt calms regulation worries; HK shrugs off cyber fears
Such market-friendly language helped offset economic concerns triggered by news that China’s factory output and fixed asset investment growth cooled more than expected in April. Most sectors rose on Monday, but the property sector continued…
UPDATE 1-China property investment rises in April as controls eat into sales
* China Jan-April property investment +9.3 pct y/y * Sales growth slowed significantly due to curbs * April sales +7.7 pct y/y vs +14.7 pct in March – Reuters calculations BEIJING, May 15 Real estate…
China Jan-April property investment rises 9.3 percent year-on-year
BEIJING Real estate investment in China rose 9.3 percent in the first four months of 2017 from a year earlier, official data showed. The pace of investment growth accelerated from 9.1 percent in the first…
China Mobile Reaches 1Gbps on Downlink with Commercial Deployment of 3D-MIMO
China Mobile in partnership with ZTE announced the completion of the commercial deployment and multi-scenario test verification of 3D-MIMO (multiple input multiple output) in Jiaxing, China. The companies jointly completed the 3D-MIMO field verification ……
Bank of China given licence to operate in Pakistan by central bank
ISLAMABAD Pakistan’s central bank has granted government-run Bank of China a licence to operate in the country to ease the financial requirements of Chinese-led “Belt and Road” projects, the central bank said on Saturday. China…
China regulator launches emergency risk assessments in shadow banking crackdown – sources
SHANGHAI May 12 China’s banking regulator this week launched emergency risk assessments of lenders’ new business practices, according to sources with direct knowledge of the matter. The China Banking Regulatory Commission’s investigation will include ……
This Caribbean Bank Wants Chinese Money No One Else Will Touch
So the British Virgin Islands has a solution: a bank to service offshore companies, many of them from China, locked out of the global banking system by HSBC Holdings Plc, Standard Chartered Plc and others.…
State Bank grants banking licence to Bank of China
The State Bank of Pakistan (SBP) has issued a banking licence to the Bank of China, a press release on Saturday said. The bank will commence its business in branch mode after meeting other regulatory…
China’s Bank Lending Expanded in April
BEIJING—Strong demand from households and businesses drove up bank lending last month, though nontraditional credit slowed as the authorities moved to restrict shadow banking. Chinese financial institutions issued 1.1 trillion yuan ($159.3 billion) worth ……
China stocks rise as c.bank injects funds; Hong Kong edges up
China’s main stock indexes extended gains on Friday morning, as the central bank’s move to inject funds amid liquidity worries offered some solace. The CSI300 index rose 0.5 percent, to 3,373.49 points at the end…
Rockefeller Financial Services Inc. Holds Position in China Mobile Ltd. (CHL)
Rockefeller Financial Services Inc. held its position in China Mobile Ltd. (NYSE:CHL) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,024 shares…