That is what has happened with China’s massive and fraud-ridden financial system in which a herd of “grey rhinos” brazenly grew, charged around, and punched big holes, threatening to sink the system with a full-blown…
Monthly Archives For August 2017
Migrants moved on as Beijing deals with building ‘disease’
BEIJING (Reuters) – In a Beijing suburb, a crane hoists a concrete slab into the sky, removing a roof from a simple brick home that had once sheltered a small migrant family. Dongsanqi village is…
This Report Ranks China’s Top Celebrities by Commercial Value
Are influencers and KOLs effective promoters of brands or just of themselves? This is the question at the heart of a new study by Bomoda, a NY-based consumer intelligence company. In its 47-page report, 2017…
China approves 8 IPO applications
BEIJING, Aug. 12 (Xinhua) — The China Securities Regulatory Commission (CSRC) has approved IPO applications for eight companies. The firms will raise up to 3.3 billion yuan (around 490 million U.S. dollars), the CSRC said.…
China told a US Navy destroyer 10 times to leave the South China Sea but it didn’t back down
REUTERS/U.S. Navy/Mass Communication Specialist 3rd Class Declan Barnes/Handout The USS John McCain sailed past the Mischief Reef and the Spratly Islands in the South China Sea despite repeated warnings from a nearby Chinese frigate. The…
US company offers to take financial risk of new MH370 search
U.S. seabed exploration company Ocean Infinity said on Friday it had offered to take the financial risk of a renewed search for … far off course on a journey from Kuala Lumpur, Malaysia, to Beijing.…
Chinese bank plans to open branch in Gwadar port: Pakistan official
The CPEC is billed as a ‘game-changer’ and manifestation of strategic partnership between Pakistan and China. Gwadar Port Authority Chairman Dostain Khan Jamaldini said in a meeting yesterday that The Bank of China is planning…
Internet TV brands tune into drama
XING YUN / FOR CHINA DAILY China’s previously buoyant internet TV brands are currently players in their own drama, watching a downturn in the sector this year. As the price of panels continues to rise,…
Domestic car brands pick up speed in H1
China’s domestic automobile brands maintained relatively robust growth so far in 2017, though having cooled a little bit compared with last year, experts told the Global Times on Thursday, while also saying that the pressure…
China investigating WeChat, Weibo in content crackdown
when global attention will be on news coming from the world’s No. 2 economy. Apart from Tencent Holdings Group Ltd’s WeChat and Weibo Corp., China’s Cyberspace Administration said it was also investigating Baidu Inc.’s forum…
China attempting to keep peace between U.S., North Korea
China has reiterated calls for all sides to maintain calm and reduce tensions over the Korean Peninsula. The statement Friday does not mention any specific actions China would be willing to take, although some Chinese…
China Mobile: Special Dividend Not Enough
Blue chip China Mobile (941.HK) shares are up slightly this morning against a cratering Hong Kong stock market as investors cheer a special dividend. Shares of the Chinese telco were up almost 1% against a…
China Finance Online Co. Limite (NASDAQ:JRJC) Trading Volume Significantly Higher
81K shares changed hands in the last trading session. Overall, volume was up 115.79% over the stocks normal daily volume. These funds have also shifted positions in (JRJC). Funde Sino Life Insurance Co Ltd trimmed…
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