BEIJING (AP) — China is reasserting its hard line on Taiwan following Panama’s switching of diplomatic recognition from Taipei to Beijing. Spokesman for the Cabinet’s Taiwan Affairs Office Ma Xiaoguang told reporters Wednesday that there…
Monthly Archives For June 2017
China c.bank asking Shanghai lenders if tighter rules impacting credit quality -sources
SHANGHAI, June 14 The Shanghai branch of China’s central bank is asking city lenders for information on asset quality, credit needs and potential risks on top of what all Chinese banks are preparing for a…
China overturns rejections of 9 Trump trademarks
But that’s just procedural. Substantively, it’s impossible to say whether any of this is unusual.” China’s Trademark Office did not respond to requests for comment Wednesday. The new provisional approvals further shore up the president’s…
China stocks fall ahead of possible probe into financial boss
Hong Kong shares also dropped, as investors braced for a likely U.S. rate hike later in the day, and awaited clarity on the Federal Reserve’s future policy. Some investors also think a U.S. hike will…
China stocks fall on Anbang tumult, weak investment data; Hong Kong eyes Fed
Anbang-invested shares – including Financial Street Holdings , China Vanke, China Merchants Shekou , Gemdale and China State Construction Engineering – all dropped sharply. Confidence was further dented by China’s tepid investment data for May,…
China-backed bank boasts rising lending power
Beijing (AFP) – The China-backed Asian Infrastructure Investment Bank expects to more than double its lending power for regional projects over the next five years, a top executive said, denying it was an arm of…
Panama’s business chiefs hope for big return from new ties to Beijing
PANAMA CITY Panama’s business community on Tuesday cheered the Central American country’s decision to establish full diplomatic ties with China and ditch Taiwan, hoping to deepen links with a key customer of the nation’s shipping…
China has a worrying habit of making business leaders disappear
Anbang Insurance Group owns the Waldorf Astoria in New York. Its chairman has reportedly been detained by Chinese authorities. A top executive suddenly dropping off the radar would be alarming for any company. But in…
Trump Adds More Trademarks in China
The latest trademarks expand Mr. Trump’s business interests in China, the world’s second-largest economy and a country he frequently blamed during the election campaign for the decline in American industrial jobs. Since taking office, he…
China’s Anbang says chairman steps aside, after report of his arrest
That statement fuelled speculation about Wu’s well-being, at a time when Chinese business circles were already spooked by the mysterious disappearance of a China-born billionaire from Hong Kong early this year. Calls to Wu’s mobile…
‘China speed’: Venture capital fuels a startup boom
In a country where business ideas quickly become business stampedes, he is far from alone. At least 20 bike-sharing companies have emerged in China seemingly overnight, each adding its own bright colour to what is…
China May output, retail sales steady but investment cools
Global concerns about China have resurfaced since Moody’s Investors Service downgraded its credit ratings last month, saying it expects the country’s financial strength will erode in coming years as growth slows and debt continues to…
China’s EXIM Bank plans more dollar, euro-denominated bonds this year
BEIJING/HONG KONG The Export-Import Bank of China (EXIM) plans to issue up to another $4 billion in euro- and dollar-denominated bonds this year, on top of $4 billion issued so far, as Beijing’s Belt and…
