railways and roads expanding China’s trade with Asia, Africa and Europe. The decision to lift by no later than July 16 a ban on imported American beef imposed in 2003 over mad cow disease concerns…
Monthly Archives For May 2017
China Mobile deploys Massive MIMO on commercial LTE networks
Collaboration with ZTE to provide Pre-5G massive MIMO, or 3D-MIMO Deployment on commercial network in Zhejiang Province Testing scenarios such as universities and high-rise residential buildings Spectrum efficiency increased threefold for web browsing and ……
China's Silk Road forum latest effort to boost Xi's stature
China will seek to burnish President Xi Jinping’s stature as a world-class statesman at an international gathering centered on his signature foreign policy effort envisioning a future world order in which all roads lead to…
China, U.S. reach agreement on beef, poultry and natural gas
WASHINGTON — China will finally open its borders to U.S. beef while cooked Chinese poultry is closer to hitting the American market as part of a U.S.-China trade agreement. Trump administration officials hailed the deal…
U.S., China reach deals on access for beef, financial services
WASHINGTON/BEIJING The United States and China will expand trade in beef and chicken and increase access for financial firms, as part of a plan to reduce the massive U.S. trade deficit with Beijing, U.S. Commerce…
UPDATE 1-BOCOM International prices HK IPO near bottom, raising $230 mln
HONG KONG, May 12 BOCOM International Holdings Company, the Hong Kong investment banking arm of China’s fifth-biggest bank, priced its Hong Kong IPO near the bottom of expectations, underscoring the tough environment for financial companies…
China's top messaging app is back online in Russia
China’s biggest messaging app has been unblocked in Russia. Access to WeChat was restored by Russian authorities on Thursday, nearly a week after the app was taken offline for running afoul of the country’s information…
China central bank shuffles market funding, injects medium term cash
SHANGHAI China’s central bank injected fresh funds through a medium-term lending facility on Friday while keeping a tight rein on short-term funding in what appeared to be a further effort to dampen speculative investment while…
UPDATE 1-China launches emergency probe on banks to check risky lending – sources
SHANGHAI, May 12 China’s banking regulator this week launched emergency risk assessments of lenders’ new business practices, sources told Reuters, as Beijing deepens its crackdown on shadow banking. Guo Shuqing, the newly-installed chairman of the…
U.S. and China reach deals on access for beef, financial services
The United States and China will expand trade in beef and chicken and increase access for financial firms, as part of a plan to reduce the massive U.S. trade deficit with Beijing, U.S. Commerce Secretary…
Wilmar Soars 11%, Upgraded on Strong Q1 Earnings, Potential China IPO
Agricultural commodities trader Wilmar International (F34.SG) is up 11% on Friday as analysts cheered its strong first quarter profit and a potential IPO of its China operations. Brokerage CIMB upgraded the stock to add from…
China Rapid Finance Unveils Full Exercise of Underwriters’ Option For the Purchase of Additional ADSs
On Thursday, peer-to-peer lender China Rapid Finance (NYSE: XRF) that the underwriters of its previously announced initial public offering (IPO) have exercised in full the option to purchase an additional 1.5 million American depositary shares…
Use local currencies in China's Silk Road initiative for financial stability – central bank officials
SHANGHAI The use of local currencies instead of the U.S. dollar or other major currencies in China’s Belt and Road initiative will help to ensure financial stability, officials at China’s central bank said this week.…
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