The United States and China met to discuss trade issues. The meeting ended without agreement on anything. The obligatory joint press conference after the talks, where everyone pretends that everything was fine, was canceled. The…
Monthly Archives For July 2017
Are the lights finally out for China’s biggest overseas acquirers?
which sets the scene for the country’s financial sector for the next five years, was a little different from the last. The twice-a-decade meeting of China’s top financial regulators and provincial governors – traditionally hosted…
There Is Only One Empire: Finance
This notion of global empire being something like a baton that gets passed from nation-state to nation-state is seriously misleading, in my view, for this reason: There is only one global empire: finance. China and…
China Success Finance : VOLUNTARY ANNOUNCEMENT INCREASE IN SHAREHOLDING BY A CONTROLLING SHAREHOLDER
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim…
China just deployed a fleet of sophisticated submarine drones in the South China Sea
For years, China has considered the South China Sea part of its territory, despite international tribunal rulings stating otherwise. Needless to say, staking claim to these international waters has created quite the rift with the…
Sri Lanka to sign deal on Hambantota port with China
Sri Lanka is due to sign a $1.1bn (£837m) deal with China for the control and development of the southern deep-sea port of Hambantota. The deal has been delayed by several months over concerns that…
Starbucks takes full control of China stores in $1.3 billion deal
“Unifying the Starbucks business under a full company-operated structure in China reinforces our commitment to the market,” Johnson said in the statement. Chairman Howard Schultz, who stepped aside as Starbucks chief executive earlier this year,…
China traces deficit in US trade areas
For instance, China has lifted the ban on import of US beef last month. “The US side needs to understand that trade in services is also part of the business. For China, the US is…
China’s smash-hit mobile game is coming to the US without many of its Chinese elements
Launched in 2015, Honor of Kings is a multiplayer online battle game similar to League of Legends, but for mobile phones. About 55 million people are playing HoK daily in China, making it the world’s…
The China Mobile (Hong Kong) Ltd. (CHL) Upgraded at Zacks Investment Research
Finally, Russell Investments Group Ltd. acquired a new stake in shares of China Unicom (Hong Kong) during the fourth quarter valued at $852,000. Morgan Stanley downgraded shares of China Mobile (Hong Kong) from an overweight…
China: Mobile payments outpace Europe, US
Around the mobile payments campfire, many commentators were intrigued by New York Times contributor Paul Mozer’s first-person account of his difficulties paying with cash on a recent trip to Shanghai. From the humblest street vendor…
Could China Be Turning a Corner?
Doomsayers have plenty to work with in China. The country’s rapid buildup of debt — reaching approximately 260 percent of GDP, from 160 percent less than a decade ago — seems almost guaranteed to herald…
Lagarde: IMF Could Be Based in Beijing in a Decade
The International Monetary Fund could be based in Beijing in a decade if growth trends for China and other big emerging markets continue and these are reflected in the Fund’s voting structure, IMF Managing Director…
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