Engineers from the China Academy of Space Technology work on the research and development of Shijian 13, the first Chinese-made high-throughput satellite. [Photo provided to China Daily] Satellite communications technology is the crown jewel of…
Monthly Archives For May 2017
Mild property slowdown expected
Sales of China’s residential housing will drop this year, along with a deceleration of property development investment, while consolidation among developers will intensify, according to a report released Tuesday by the Chinese Academy of Social…
Beijing's crackdown on risky debt is throwing Chinese investors for a loop
Now the timing is good, as the economy can withstand being reined in,” Stent said. The steps Beijing has taken recently may be signs of growing financial and economic maturity. Higher interest rates typically indicate…
Why Beijing Proclaimed Today 'Chinese Brands Day'
China is the world’s second-largest economy and a manufacturing powerhouse, but its companies struggle with brand-building. The country’s leadership wants to change that, and the State Council, or cabinet, has proclaimed that every May 10…
China says it successfully tests new type of missile
BEIJING — China’s defence ministry said Wednesday that the military successfully test-fired a new type of missile into waters near the Korean Peninsula, an announcement that comes amid Chinese anger over the deployment in South…
Risks to China’s financial system may continue to grow despite tighter regulations
China’s regulatory tightening is aimed at reducing leverage in the financial sector, especially in assets funded by wealth management products. But this may lead to unintended consequences of higher risks in other shadow-banking activities amid…
China data delay leaves FSB in the dark on riskiest shadow banking assets
economies’ financial risk monitoring agency has criticized Beijing for being slow in providing key financial data from China, leading to the delay in a report on the risks the world faces from shadow banking. China…
Financial Reform, With Chinese Characteristics
China will prioritize streamlining and unifying the country’s financial regulatory framework, as well as cracking down on corruption in the sector, over liberalization. The mounting risk posed by local government and corporate debt will require…
Germany welcomes Chinese investment in financial firms
FRANKFURT China is welcome to invest in German financial firms, Germany’s top market watchdog said after Chinese conglomerate HNA Group (0521.HK) raised its stake in Deutsche Bank (DBKGn.DE). An acquisition spree by HNA reflects a…
Chinese Stocks Slide Again: One Trader Thinks It's All About The Financial Deleveraging
The Shanghai Composite has lost 1.2% in 2017 versus a 15% advance in the MSCI EM Index So far there’s no sign of relaxation in its drive to quell financial leverage. China’s insurance watchdog is…
China opening up its bond markets, but currency seen as major barrier
While China’s measures to clamp down on capital outflows to reduce pressure on the yuan have captured the headlines since late last year, the country has also been opening up its bond market and liberalizing…
Finance officials call for stronger ties
YOKOHAMA, Japan-The finance ministers of China and Japan exchanged views on deepening cooperation at the Sixth China-Japan Finance Dialogue here this weekend. Xiao Jie, the minister of finance, and Taro Aso, Japan’s deputy prime minister…
With China’s financial tightening in full swing, risks needs be managed
After a solid start to the year, the Chinese economy appears to be coming off the boil. April’s purchasing managers’ index data pointed to some nascent signs of an economy losing momentum after the stellar…