HNA Group says that Wall Street’s biggest banks are knocking at the door to do business with it as the huge Chinese conglomerate buys up businesses around the globe. But one of those banks is…
Monthly Archives For July 2017
China’s outdated coal thermal power technology sold in Vietnam
VietNamNet Bridge – China’s policy on exporting its coal thermal power technology has raised concerns among environmentalists, who say Vietnam could become the destination for the outdated technology. Nguyen Dinh Tuan, former rector of the…
China growth steady despite crackdown on financial risks
Financial analysts believe China’s economy will slow later this year as Beijing moves to deflate the country’s credit bubble and achieve sustainable growth. The world’s second-largest economy served up gross domestic product (GDP) growth of…
China’s financial efforts help offset global risks
China’s efforts to rigorously reform and continue opening up of its financial sector will contribute to global efforts to contain risks, said analysts. Against the backdrop of weak recovery from the financial crisis and policy…
US-China trade rifts resurface as the 2 sides begin meeting
Cake and conversation, it seems, can go only so far to mend longstanding economic rifts between the United States and China. Three months after President Donald Trump and his Chinese counterpart, Xi Jinping, shared chocolate…
China blocks WhatsApp services as censors tighten grip on internet
China has partially blocked the popular messaging service WhatsApp, as authorities tighten their grip on the internet ahead of a major leadership reshuffle in Beijing. Photo, video and voice messages sent by the Guardian from…
China central bank to coordinate work of new financial oversight body
BEIJING (Reuters) – China’s powerful central bank will be in charge of coordinating a new financial oversight body mandated by President Xi Jinping to get the country’s often siloed regulators to work together to contain…
Apple moves to help struggling China business
Apple is struggling in China, and they’re looking to do something about it! Yahoo Finance’s Alexis Christoforous, Dan Howley, and Rick Newman discuss Apple’s latest step in world domination. ( read original story …)
Beijing Capital Land proposes bond via Beijing Financial Assets Exchange
HONG KONG, July 17 (Reuters) – Beijing Capital Land Ltd plans to list a bond worth up to 2 billion yuan ($296 million) on the Beijing Financial Assets Exchange (CFAE), a refinancing route that is…
China’s strong GDP growth paves way for deeper reforms
China’s economy expanded faster-than-expected in the second quarter, setting the country on course to comfortably meet its 2017 growth target and giving policymakers room to tackle big economic challenges ahead of key leadership changes later…
Dalian Wanda amends Sunac property deal after China curbs funding
In a joint announcement, Wanda said it would sell 77 hotels in China to Guangzhou R&F Properties for 19.9 … said the deal would help boost returns for its hotel business. “Both Sunac and Wanda…
Apple names new managing director for China amid localization drive
BEIJING (Reuters) – Apple Inc (AAPL.O) on Wednesday said it has appointed a managing director for Greater China – a newly created role – in its latest move to localize product features and comply with…
Is WhatsApp being censored in China?
These are external links and will open in a new window Users of the encrypted messaging service WhatsApp have reported disruptions in China, prompting censorship claims. Many reported that voice messaging and pictures wouldn’t send…
