The world’s biggest bank, the Industrial and Commercial Bank of China (ICBC), is coming to Greece, being the second Beijing bank with interests here after the China Development Bank. ICBC, with €3.2 trillion ($3.9 trillion)…
Monthly Archives For January 2018
Donald Trump brands China a military rival in US reboot of great power strategy
US President Donald Trump named China as a major US competitor on both economic and military fronts in his first state-of-the-union address, another sign that Washington is putting great power rivalry at the heart of…
Trump vows to protect US intellectual property, without naming China
Trump vowed to protect American intellectual property, but made no mention of China The Trump administration has accused China of trade abuses. Trump had been expected to deliver strong warnings to countries about unfair trade…
China blue chips recover; property, consumer firms gain
SHANGHAI, Jan 31 (Reuters) – China stocks ended mixed on Wednesday, with the blue-chip index recouping earlier losses to close higher, aided by a bounce in real estate and consumer firms. ** Chinese fund managers…
Trump vows to protect U.S. intellectual property, without directly blaming China
WASHINGTON (Reuters) – U.S. President Donald Trump vowed on Tuesday to protect American intellectual property, but made little mention of China, which his administration has accused of trade abuses, in his first State of the…
China Internet Nationwide Financial Services Inc. Signs System Development and Consulting Agreement for the Convey Project
BEIJING, Jan. 31, 2018 /PRNewswire/ — China Internet Nationwide Financial Services Inc. (CIFS) (“CIFS” or the “Company”), a leading financial advisory services company, today announced that Beijing Anytrust Science & Technology Co., Ltd. (“Anytrust”), a…
BRIEF-China Internet Nationwide Financial Services Signs System Development Agreement For Convey Project
Jan 31 (Reuters) – China Internet Nationwide Financial Services Inc: * CHINA INTERNET NATIONWIDE FINANCIAL SERVICES INC. SIGNS SYSTEM DEVELOPMENT AND CONSULTING AGREEMENT FOR THE CONVEY PROJECT * CHINA INTERNET NATIONWIDE FINANCIAL SERVICES SAYS UNIT…
China’s young shoppers breathe new life into luxury market
SHANGHAI/HONG KONG (Reuters) – Guo Jiaxi is typical of a new generation in China that is driving a sharp revival in luxury spending: young, female and unafraid to spend. An accountant in eastern Suzhou, Guo,…
U.S. firms bullish on prospects in China
Companies from the United States doing business in China are becoming more optimistic about China-U.S. business ties despite the possibility of restrictive trade actions from the Trump administration, a new survey said on Tuesday. According…
China factory activity slows to 8-month low on softer demand
Foreign demand for China’s manufactured exports was elevated ahead of Christmas but slowed in January, said senior statistician Zhao Qinghe of the National Bureau of Statistics, which released the data on its website. The PMI…
China January factory growth dips to 8-month low as pollution war bites
The data, which gives global investors their first look at business conditions in China at the start of 2018, reinforced the view that the economy is beginning to gradually lose steam after growing by a…
China January factory growth dips to 8-month low
The data, which gives global investors their first look at business conditions in China at the start of 2018, reinforced the view that the economy is beginning to gradually lose steam after growing by a…
Hong Kong stocks fall for third day as US declines outweigh 18 months of expansion in China manufacturing
Hong Kong stocks fell for a third day on Wednesday, after an overnight rout in US equities – spurred by a jump in treasury yields – offset a gauge showing that China’s manufacturing industry had…