The fund’s hard-hitting review of China’s economy says there is no international precedent for such a large credit boom culminating in anything other than a sharp downturn or a financial crisis. The fund’s loss of…
Monthly Archives For August 2017
Australia just rely on China and kick the reform can down the road
The other inherent tension is that maintaining rapid economic growth will require China to liberalise its financial sector so that its huge pent-up pool of savings can find its most efficient use and so that…
China Opens New Chapter in Global Nuclear Deterrence
China is developing a new sea-based intercontinental ballistic missile (ICBM), the Julang-3 (JL-3), according to local media. The development of JL-3 missile was initially reported several years ago. It’s expected that the new missile will…
Concerns growing over scale of China’s debts
“Everyone knows there’s a credit problem in China, but I find that people often forget about the scale. It’s important in global terms,” Charlene Chu said in an interview with the Financial Times. Chu, who…
Why China is Apple’s biggest hope and greatest headache
“We feel very good about the performance in China,” Luca Maestri, Apple finance chief, told the Financial Times earlier this month. “We think [China sales] will continue to improve in the September quarter.” But analysts…
Ikea gears up for more store expansion in China
Ikea Group plans to open three new stores in China in its new financial year, which has just started, the head of the Swedish furniture and home accessories group in China said on Thursday. People…
China Mobile (Hong Kong) (CHL) Given Daily Media Sentiment Score of 0.29
Press coverage about China Mobile (Hong Kong) (NYSE:CHL) has trended positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources…
China’s ‘richest chicken farmer’ front of brood for Moy Park
Liu Yonghao, chairman of China’s agrichemical business New Hope, started his company in 1982 by investing in breeding quails and chickens to sell on to other farmers. He made a fortune as the Chinese appetite…
Firm Bill Boyd promoted in China changes name, says he doesn’t have active role
The company at the centre of the controversy surrounding MLA Bill Boyd’s business dealings in China has changed its name. The company formerly known as Modern Hi-Efficiency Agriculture Corporation is now called AgroTarget Corporation. The…
China banking regulator says encouraging banks to speed up disposal of bad loans
BEIJING (Reuters) – China’s banking regulator said on Friday it is encouraging banks to speed up disposal of non-performing loans (NPLs) and will maintain its push for asset-backed securitization of NPLs. The regulator will go…
Bill Boyd should release raw video of China presentation: ethics expert
Democracy Watch spokesman Duff Conacher says there’s an easy way for Saskatchewan MLA Bill Boyd to clear the air about a business presentation he made in China — release the video. Conacher, the co-founder of…
China approves seven IPO applications
BEIJING, Aug. 19 (Xinhua) — The China Securities Regulatory Commission (CSRC) has approved IPO applications from seven companies. The firms will raise up to 3.4 billion yuan (around 509.7 million U.S. dollars), the CSRC said.…
US to review China intellectual property policies
The US has formally launched an investigation into China’s policies regarding intellectual property. The top US trade official, Robert Lighthizer, said his office had “determined that these critical issues merit a thorough investigation”. The move…
