SHANGHAI, Aug 22 (Reuters) – China stocks ended higher as a unit of China Unicom surged by the daily limit for a second day, and as financial and materials firms also experienced strong gains. The…
Monthly Archives For August 2017
China newspaper claims US Navy is ‘hazard’ in Asian waters
A dispute over man-made islands in the South China Sea has also caused friction between the U.S. and China. Fox News’ Lucas Tomlinson and The Associated Press contributed to this report. ( read original story…
Exclusive: China’s ‘big four’ banks raise billions for Belt and Road deals – sources
bolstering Beijing’s ambitions as private capital pulls back. The people said China Construction Bank Corp (CCB) (601939.SS) (0939.HK), the country’s second-biggest bank by assets, was raising at least 100 billion yuan ($15 billion) for a…
UAE-China economic cooperation to drive success of Belt & Road Initiative
Discussions also centred on the challenges and opportunities in promoting Islamic financial instruments in China with a focus on Islamic Sukuk. The impact of Dubai’s emergence as the largest Islamic Sukuk hub in the world…
China Shifts Course on Financial Markets
According to a study by Citigroup Inc., China is shifting its approach to financial markets, which is projected to result in faster economic growth. China’s efforts to internationalize its currency faced major obstacles back in…
BRICS financial institutions to support African, Latin American development
Development projects in Africa and Latin America will henceforth receive greater attention from the Brazil, Russia, India, China and South Africa, BRICS bloc financial institutions such as the New Development Bank, NDB and the Asian…
Great Wall Motor of China Sets Its Sights on Jeep
The carmaker’s shares were nevertheless up 4 percent in Milan. Jeep has a strong link to China, as it was one of the first foreign brands to enter the country, initially shipping parts to China…
China’s IPO bonanza loses lustre as returns dwindle
China’s initial public offering shares are losing their appeal. Average returns from buying IPO shares have dropped by at least a third from earlier in the year, according to Guotai Junan Securities. Meanwhile, a gauge…
Carabao Cup throws up latest farce as they announce third-round draw will take place in Beijing at 4.15am UK time (after botching first two draws!)
The third-round draw of the Carabao Cup will take place at 4.15am UK time in the latest shambolic chapter in the competition’s rebranding this season. This week’s draw has been moved to Beijing by the…
15 years on, 46 key roads on China front still not ready
… over inordinate delays in the construction of strategic roads along the India-China border, the defence ministry has delegated more administrative and financial powers to the Border Roads Organisation (BRO) for the speedy completion of…
BRIEF-China Overseas Property says entered into Coli Leasing agreement
* Sees co will continue to lease premises from coli group & occasioned by an expected rise in rental deals between coli group & co Source text for Eikon: Further company coverage: ( read original…
China’s Great Wall considers bid for Fiat Chrysler Jeep unit
Great Wall “has this intention,” said the public relations director for its Haval SUV brand, Zhao Lijia, when asked about a report by Automotive News that the Chinese automaker … Great Wall also can draw…
China SUV maker Great Wall considers bid for Jeep unit
The company spun off its Ferrari brand in 2015 into a separate business. Chinese companies in industries from … Great Wall also can draw on strong demand in China, the biggest auto market by units…