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Monthly Archives For December 2017
China will cut, remove export tariffs on some steel, fertiliser
BEIJING (Reuters) – China will cut export taxes on some steel products and fertilisers and ditch those for sales abroad of steel wire, rod and bars from Jan. 1, the Ministry of Finance said on…
Morning Update: Senators’ business venture linked to China; CRA squeezes voluntary disclosures amid tax-evasion crackdown
Two Conservative senators – one with close ties to Beijing – set up a private consulting business this year with partners who are involved in attracting investment from China to Newfoundland and Labrador, corporate records…
China’s money rates up after PBOC, taking Fed’s cue, lifts market rates
SHANGHAI: China’s primary money rate edged higher this week after the central bank lifted short- and medium-term market rates on Thursday, just hours after the U.S. Federal Reserves tightened policy. The People’s Bank of China…
With all eyes on North Korea, Beijing’s massive South China Sea land grab continues
China’s People’s Liberation Army (PLA) navy soldiers roll on their armoured vehicles to Tiananmen Square during the military parade marking the 70th anniversary of the end of World War Two, in Beijing, China, September 3,…
China Unicom opens new Shanghai ‘smart store’ with Alibaba
Sought-after electronic products on Alibaba’s Tmall site are being displayed in China Unicom’s first experience store in Shanghai. [Photo provided to chinadaily.com.cn] China Unicom, the nation’s second-largest telecom operator, unveiled an interactive and … (…
As world concentrated on North Korea, Beijing was busy building in South China Sea
Beijing is ramping up construction work in the South China Sea despite agreeing to establish a code of conduct for the disputed region, new research has showed. Research from the Asia Maritime Transparency Initiative, part…
Man Group Launches Quantitative Fund in China with Support from Domestic Financial Service Institutions
SHANGHAI, Dec. 15, 2017 /PRNewswire/ — Man Group, the global active investment management firm, announces the launch of its first onshore investment strategy for qualified investors in China. Best endeavors offered by domestic financial service…
Two Conservative senators’ business venture linked to China
Two Conservative senators – one with close ties to Beijing – set up a private consulting business this year with partners who are involved in attracting investment from China to Newfoundland and Labrador, corporate records…
Sydney-Victoria MP back from China
Eyking, the chair of the international trade committee, spent six days in China with Prime Minister Justin Trudeau and a Canadian delegation, meeting with the Chinese government and business leaders. During the meetings, the Canadian…
Britain’s finance minister, central bank chief head to China seeking deals
LONDON (Reuters) – Britain hopes to seal a billion pounds ($1.34 billion) worth of trade and investment agreements with China during weekend visit by finance minister Philip Hammond, Bank of England chief Mark Carney and…
China reacts to Fed rate hike by nudging up key policy rate
BEIJING — China’s central bank responded to the U.S. Federal Reserve’s interest rate increase by nudging up a key policy rate Thursday on lending to commercial banks. It left the benchmark rate for borrowing by…
China’s industrial heartland struggles in Beijing’s fight against smog
Smoke billows from a chimney as workers leave a factory in rural Gaoyi county near Shijiazhuang Thomson Reuters By Meng Meng and Elias Glenn SHIJIAZHUANG, China (Reuters) – Severe natural gas shortages are hitting businesses…