BEIJING (Reuters) – China’s banking regulator said on Thursday it will effectively fend off credit risks in the banking sector and appropriately address hidden local government debt risks. China will also effectively control risks in…
Monthly Archives For December 2017
BRIEF-China Internet Nationwide Financial Services To Review Allegations Raised By Muddy Waters
Dec 21 (Reuters) – China Internet Nationwide Financial Services Inc: * CHINA INTERNET NATIONWIDE FINANCIAL SERVICES INC. ANNOUNCES FORMATION OF INDEPENDENT SPECIAL COMMITTEE TO CONDUCT INDEPENDENT REVIEW AND INVESTIGATION INTO MUDDY WATERS ALLEGATIONS … (…
Is ghost of Mao finally dead? China’s new economic plan reads like western manisfesto
The top priorities during the next three-years will be to improve air quality, alleviating poverty and curbing financial risk. China is in desperate need of financial reform as 43million people live in absolute poverty in…
China’s EV Startups Have Struggled So Far, But Tesla Should Prepare For Serious Challengers
Finally, an asset-light business model that outsources manufacturing to an established auto company significantly reduces risk and capital costs. Will NIO, in fact, be China’s answer to Tesla? Only time will tell, but the company…
China accuses Taiwan officials of ‘persecution’ after pro-Beijing party members detained
China has accused Taiwanese authorities of “persecution” after four members of a pro-Beijing political party were detained, reportedly in connection with a spying case. Police in Taiwan arrested Wang Ping-chung, a prominent media personality, along…
China securities regulator says no change to pace of IPO reviews: sources
BEIJING (Reuters) – China’s securities regulator told a recent meeting with investment banks that there has been no change to the pace for reviews of initial public offering (IPO) applications, three sources told Reuters. IPO…
China property investment to slow further in 2018 – Think tank
Reuters reported that growth in China’s real estate investment is likely to slow further next year due to regulations and a corresponding fall in property sales, the China Securities Journal reported a senior think tank…
Wanda Refocuses on Property as China Issues Code of Practice for Acquisitions
The Chinese government this week issued a code of practice for how private sector companies should conduct overseas acquisitions. The move is designed to curb companies such as entertainment-to-property giant Dalian Wanda, which simultaneously announced…
How innovative China’s growing pains point to an urgent need for IP know-how
In US President Donald Trump’s first national security speech on Monday, he vowed to protect US intellectual property rights against China’s ambition to “unfairly tap into the US’s innovation pool by stealing its proprietary technology…
Don’t shy away from standing up to China, US envoy urges
Mr Carouso declined to comment on how these laws fit with the US strategy towards China. The US strategy raises the issue of Chinese theft of American intellectual property through universities – an issue that…
How I.M. Pei’s Bank of China Tower changed Hong Kong’s skyline
Juan Du is an associate professor at Hong Kong University’s Department of Architecture. This year of 2017 marks the 100th birthday of the renowned Chinese-American architect I.M. Pei. From museums to business headquarters, Pei has…
Bank of China : UAE essential to One Belt One Road, says Bank of China GM
Khalifa Industrial Zone Abu Dhabi (KIZAD) has announced the signing of a Memorandum of Understanding (MOU) with Bank of China Ltd. Abu Dhabi to mutually promote their services for the benefit of both entities customers…
China’s Xi Declares ‘Critical Battle’ to Quell Financial Risks
China’s top leaders said they are taking a three-year approach to winning “critical battles” against financial risk, pollution and poverty, and signaled that monetary policy will remain “prudent and neutral” next year in support. Economic…
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