A document released Friday by the State Council, China’s Cabinet, was the latest move by regulators to tap the brakes on a string of foreign acquisitions, citing concerns that the companies involved may be taking…
Monthly Archives For August 2017
China calls for rein in of risks in surging bitcoin market
China’s official Xinhua News Agency has called for the rein … and had been illegally conducting financing business, according to Xinhua. The PBOC considers bitcoin a commodity and not a currency, which ruled it out…
China moves to curb overseas acquisitions as firms’ debt levels rise
The curbs were announced in a document released on Friday by the state council, China’s cabinet, in the latest move to halt a string of foreign acquisitions. This week the International Monetary Fund described China’s…
The US just fired the first shot in a trade war with China
“The law hasn’t been used in 15 years and there’s a good reason for that,” economist Chad Bown of the Peterson Institute for International Economics told Business Insider. “We built a brand-new trading system so…
China’s booming e-commerce industry needs better offline infrastructure, experts say
Although China’s e-commerce industry is growing at a rapid rate, industry experts point to offline infrastructure as a future bottleneck unless more investment is made in this area. Online retail sales in mainland China amounted…
U.S. formally launches probe of China’s intellectual property practices
WASHINGTON (Reuters) – The United States on Friday formally launched an investigation into China’s alleged theft of U.S. intellectual property, a widely expected move following a call from President Donald Trump earlier this week to…
China home price growth cools for second month in July
New home prices in China’s 70 major cities rose 0.4% in July from a month earlier, easing from 0.7% growth in June, data out Friday showed. Beijing prices slipped for the second straight month. China…
L Brands: Down 7% On Earnings, But This 6% Yielding Stock Might Have Better Days Ahead
And, by then, it will also have opened several new stores in China. This article will discuss why long-term value and income investors might want to take a closer look at L Brands. For the…
Consumer loyalty and growing individualism pose challenges: Brand Summit China
All brands are after Chinese consumers and their rising incomes, but they are also a fickle lot. For example, only 54 brands which made the list of China’s top 100 brands list in 2007 (part…
Hong Kong designer Vivienne Tam first China stores to open
“People have been asking me for years, “Vivienne, when are you going to open stores in China?’ Finally it’s here. This is another milestone, a new chapter for my brand … it’s taken many years,…
Skeptics dismiss Bannon’s call for economic war with China
The former Breitbart News executive – who works steps from U.S. President Donald Trump in the West Wing – told The American Prospect that “the economic war with China is everything.” For decades, American economists,…
China Unicom’s $12 billion ownership-reforms plan mired in confusion
HONG KONG (Reuters) – Telecoms group China Unicom’s $11.7 billion ownership-reforms plan, billed as a model case for revitalizing Chinese state firms with private capital, remained under a cloud on Friday, with confusion about fundraising…
Chinese banks battle slowing loan growth, default risks loom
with more doors shut in the shadow banking, which has been a source of profits to offset the impact on net interest income.” Reporting By Shu Zhang in BEIJING and Engen Tham in SHANGHAI, additional…
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