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…
Monthly Archives For July 2017
China central bank says will strengthen coordination of financial regulation
BEIJING (Reuters) – China’s central bank said on Tuesday that it will strengthen the coordination of financial regulation across different agencies, following a once-in-five-years top level financial work meeting on the weekend. The central bank…
China c.bank to host office for financial supervisory body
BEIJING (Reuters) – China’s powerful central bank said it will host an office for a new financial oversight body personally mandated by President Xi Jinping to coordinate the country’s often siloed regulators in an increasingly…
China’s banking regulator stresses risk prevention after key meeting
China’s top banking regulator said Monday it will place more priority on proactively preventing and defusing financial risks. The China Banking Regulatory Commission (CBRC) said in a statement it will focus on guarding against risks…
China’s new financial watchdog has work cut out for it
Nine years after the fall of the US-based Lehman Brothers bank in 2008, which triggered a global financial crisis, China has a shield against its own Lehman moment: a financial stability committee. While details of…
China Disrupts WhatsApp Service in Online Clampdown
SHANGHAI — The last of Facebook’s major products that still worked in China was disrupted by the government on Tuesday, as Beijing broadly tightened its controls over the internet. The product, WhatsApp, a messaging app…
Zhongyuan shares make sluggish debut in Hong Kong after investors spurn bank’s IPO
The bank’s shares traded for the first time at HK$2.52 each, less than 3 per cent more than the IPO price of HK$2.45. The bank, based in the Henan provincial capital of Zhengzhou in central…
Calgary’s smoky skies reached Beijing-levels of air pollution, says expert
With the return of thick smoke from wildfires expected Wednesday, an air quality expert is comparing conditions in Calgary this week to pollution in Beijing. Dr. Ke Du, an assistant professor at the University of…
Blackstone’s Stephen Schwarzman and Alibaba’s Jack Ma host US-China Business Leaders Summit
[The stream began at 8:50 a.m. ET and ended at 9 a.m.] The summit brought together a group of prominent U.S. and Chinese CEOs to discuss economic issues of mutual importance to both countries. U.S.…
China users report WhatsApp disruption amid censorship fears
BEIJING — Users of WhatsApp in China and security researchers have reported widespread service disruptions amid fears that the popular messaging service may be at least partially blocked by authorities in the world’s most populous…
China property slows as government measures bite
Home prices in Beijing fell for the first time in more than two years in June, while Shanghai declined further and Shenzhen stalled, pointing to significant cooling in China’s biggest real estate markets. David Pollard…
July 18: Doing business with China. Plus other letters to the editor
As the wildfires in B.C. show, nature does not reveal a preference for any particular group based upon their professed beliefs and group-defined differences. People flee together, and they stay together in the rescue centres.…
China Unicom eyes 5G commercial deployment by 2020
The telco operator has completed its first 5G new radio field test in Shenzhen. China Unicom has completed its first 5G new radio field test in Shenzhen. The field test, which started early this year,…
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