BEIJING China will maintain a monetary policy that is “neither too tight or too loose”, ensuring basically stable liquidity, a senior central banker told a financial conference in Beijing on Saturday. Chen Yulu, deputy governor…
Monthly Archives For June 2017
Moody’s China downgrade will have a longer‑term policy impact
It took less than a day for China’s financial markets to recover from the credit rating downgrade by Moody’s Investors Service on 24 May, the country’s first sovereign rating downgrade from the rating agency since…
China seeks neutral monetary policy: PBOC official
and enterprises in the real economy should not stray blindly into financial businesses, Chen pointed out. China has been improving the Macro Prudential Assessment (MPA) mechanism to guard against systemic financial risks since 2009 and…
Chrystia Freeland says Canadians detained in China are top priority
“Mr. Trudeau explains all the time why we should be more open with China, that we can do business there … but you know what? It is still a dictatorship and it doesn’t have the…
China sovereign fund buys European warehouse company
BEIJING (AP) — China’s sovereign wealth fund is expanding its presence in Europe by acquiring a warehouse company in a 12.25 billion euro ($13.8 billion) deal. China Investment Corp.’s purchase of Logicor from U.S. investment…
‘Ghost Collateral’ Haunts Loans Across China’s Banking System
The banker at the other end of the phone line was furious, recalled Shanghai lawyer Wang Chaoyu. A pile of steel pledged as collateral for a loan of almost $3 million from his bank, China…
Chinese regulator approves less IPOs
BEIJING, June 3 (Xinhua) — China Securities Regulatory Commission (CSRC) has approved the IPO applications of four companies, fewer than the seven approved last week. The four companies will raise no more than 1.5 billion…
China Telecommunications Strategic Analysis and Outlook
on “China Telecommunications Strategic Analysis and Outlook to 2025- Analysis of China Mobile, Fixed Telephone and Broadband Markets”. China mobile, landline and broadband industry is benchmarked with peer countries to evaluate its position in regional…
How Donald Trump became China’s brand ambassador
Environmental consequences aside, President Donald Trump’s decision to withdraw the United States from the Paris climate accord, announced on Thursday, looks like one more act of ceding global leadership to China, in the name of…
‘Made In China’ Makes It Tough For Brands To Crack Middle Kingdom
Chinese consumers’ penchant for local brands is proving to be one of the greatest hurdles for international brands in China. According to Andrew Collins, CEO at Chinese media agency Mailman Group, foreign brands have such…
Small E-Commerce Firm Sizzles As It Brings Western Brands To China
The big fry among Western brands know where to turn to burnish their appeal with China’s growing middle-class consumer. They go to Baozun (BZUN), a relative minnow among giant fish in the Chinese internet market.…
Messi to build brand in China with theme park
Chinese fans will be able to celebrate the achievements of Barcelona soccer great Lionel Messi at a new theme park to be built in Beijing. The Messi Experience Park, which is being launched by the…
Is China offering Ivanka Trump unseemly favors?
is not the only Trump contractor in China caught abusing its employees. The Post’s Drew Harwell reported in April that a factory used by the G-III Apparel Group, which makes dresses, blouses and other clothes…