A Bank of China executive has backed the City of London to help manage the risk posed by Beijing’s mammoth infrastructure programme, the belt and road initiative. Sun Yu, general manager of the bank’s London…
Monthly Archives For September 2017
Russia and China quietly build business bonds
There has been no shortage of big investment promises each time a Chinese government delegation has visited Moscow in recent years, but concrete deals have often been lacking. So the $9.1bn stumped up by CEFC…
China’s Alibaba bringing online payment platform AliPay to Canada
Ma hosted Trudeau, Foreign Affairs Minister Chrystia Freeland and Canadian business representatives at the company’s campus in Hangzhou, China last September. ( read original story …)
Deloitte China looks to advisory services involving fintech, mergers and acquisitions
Audit income dropped to only about 40 per cent of all business, down from 80 per cent in the early 1990s, Tsang told the South China Morning Post. In contrast, managing consulting and advisory services…
Why China’s outbound investment has swung from feast to famine
China’s initiative to invest in strategic industries globally … Compared to New York, He said Hong Kong’s strength lies in its proximity to where Chinese companies are doing business, relatively lower communication cost and compliance…
Parcel delivery in China, a cutthroat business
SHANGHAI — As e-commerce explodes in China, a fierce price war has broken out among parcel delivery companies, stripping away profit margins and threatening a major industry shakeout. The more consumers prefer to shop online,…
China pollution controls hit iron ore prices
Demand for Australian iron ore is expected to fall sharply as China rolls out anti-pollution measures. The damage is compounded by risk averse investors as North Korean tensions simmer. The benchmark spot price tumbled 12…
Rise of China’s army of ‘personal shoppers’
And while it is often individuals doing the buying and selling, their collective buying force they can literally make or break a business. There is no estimate of the value of the “grey” market from…
China rust belt opens door wider to foreign investors
Elsewhere, companies are increasingly voicing frustration about investment barriers in sectors from automotive to finance, while China subsidises its own domestic businesses. The EU business chamber issued an annual report on Tuesday saying companies were…
China’s Slipping Export Crown Could Be Saved by Technology
After decades of relentless gains, China’s share of global exports is now edging down. Whether that continues hinges a lot on how fast it can shift into higher-technology shipments. China’s portion of the global export…
Beijing effort and inflation push China debt load down
The International Monetary Fund warned in August that Beijing’s reluctance to rein in borrowing … warned that such a rapid build-up in borrowing has historically ended in financial crisis. Zhu Haibin, chief China economist at…
After first wave in June: More Chinese cities impose property control measures
Going up and up: A number of second-tier cities in China have rolled out property speculation curbs in an effort to cool home property sales. Bloomberg A number of second-tier cities in China have rolled…
Profund Advisors LLC Has $890,000 Stake in China Unicom (Hong Kong) Ltd (CHU)
Complete the form below to receive the latest headlines and analysts’ recommendationsfor China Unicom (Hong Kong) Ltd with our free daily email newsletter: Profund Advisors LLC lifted its holdings in shares of China Unicom (Hong…