China’s dominant mobile payment service is making its move in the U.S.. Ant Financial, the Alibaba spin-off that operates Alipay, has inked a deal with payment processor firm First Data that will allow its service…
Monthly Archives For May 2017
As China's battle with leverage begins to bite, risk bites back
Bankers said the slowdown came as the People’s Bank of China (PBOC) tightened liquidity conditions, which pushed up the cost of borrowing, and included off-balance-sheet WMPs in its macro-prudential assessment of banks’ risk levels for…
European brands eager to enter Chinese market
Lured by the size of China’s market and its growing middle class, European companies are trying to sell their products on Chinese e-commerce platforms How to promote their brand, guarantee good quality as well as…
China human rights lawyer Xie Yang 'admits being brainwashed'
It released transcripts in which he says he was trained in Hong Kong and South Korea to “develop Western constitutionalism in China”. In a video … media and independent media to hype sensitive news events,…
China's central bank to focus on impact on stability of non-bank financial institutions: working paper
BEIJING China will pay closer attention to the influence of non-bank financial institutions on financial stability, and the impact of local policy interventions on broader global markets, according to a central bank working paper published…
China forces lawyer on 3,000-kilometre road trip, raising new questions about justice
Read more: Shuanggui: The harsh, hidden side of China’s war on graft … coerced into a confession nor had he been subjected to torture,” the state-run Xinhua news agency reported. Mr. Xie acknowledged being “brainwashed”…
China’s crackdown on shadow banking could seriously upset global markets
Amid all the talk of remarkably subdued levels of volatility, signs of potentially severe stress are emerging from one of the most – if not the most – vulnerable areas in global financial markets: China’s…
AP Exclusive: China lawyer's family says US helped them flee
Their journey reveals the lengths that China’s government has been increasingly willing to … In Texas, Fu was dumbfounded by news of Chen’s arrest. He sprang into action to alert the State Department, and his…
China Unicom (Hong Kong) Limited (CHU) Lowered to Hold at Zacks Investment Research
China Unicom (Hong Kong) Limited (NYSE:CHU) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Monday, April 24th. According to Zacks, “China Unicom Limited…
Russia blocks China's biggest messaging app
China’s most popular messaging app has been blocked in Russia. Moscow’s communications regulator has added WeChat to its list of prohibited websites, according to Russian state news agency TASS. The messaging app ran afoul of…
China Toughens Shadow Banking Controls
China’s government is struggling to control its financial sector as an economic growth spurt raises concern about off-book bank loans. Last month, official media initially cheered after the government announced better-than-expected economic figures showing ……
Adidas Greater China posts 30% sales growth
Adidas has reported strong first quarter results in Greater China with sales increasing 30% on a currency-neutral basis. The year-on-year growth was driven by the Adidas and Reebok brands and is in line with estimates…
How to Attract China's Online Shoppers? Here's One Big Supermarket's Stunt
China is the world’s largest e-commerce market, and consumers are bombarded with choices. Retailers and brands have to make serious efforts to get Chinese online shoppers to pay attention to them. That even goes for…
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