A guide describes a model of the National Speed Skating Oval, dubbed the Ice Ribbon, at a project construction display in April. The venue is being built in Beijing for the 2022 Winter Olympics. [Photo…
Monthly Archives For January 2018
China promises bank rescue in next crisis as market prophets warn on rising US rates
China’s financial regulator has vowed to rescue the Chinese banking system immediately to avert a banking crisis when the bubble bursts, issuing a blanket guarantee that no major institution will be allowed to fail. Beijing…
Russian Funds May Invest In Aramco’s IPO To Boost Oil Ties
“We see great interest in the Aramco IPO from Russian pension funds as well as from our … stake in the lowest-cost oil producer and major exporter of the commodity that Beijing will continue to…
Hong Kong book publisher ‘seized from China train’
Gui Minhai made headlines when he vanished in Thailand in 2015 and later resurfaced in China, along with other publishing colleagues from Hong Kong. He was freed from custody in October and has been living…
China steps up banking oversight to prevent risks
China’s top banking regulator has proved with actions that oversight in the banking sector will be tightened and regulatory standards will become stricter. China Banking Regulatory Commission (CBRC) has fined the Chengdu branch of Shanghai…
China invites Latin America to take part in One Belt, One Road
Chinese Foreign Minister Wang Yi said the region was a natural fit for the initiative, which China has leveraged to deepen economic and financial cooperation with developing nations. “China will always stay committed to the…
China faces protests after investment scheme collapses
Qianbao, Chinese for “Wallet,” had as many as 200 million registered users, according to Chinese news reports. The founder, Zhang Xiaolei — dubbed “China’s most notorious swindler” by one newspaper — turned himself in Dec.…
Banks, property firms power China stocks to fresh 2-year highs
SHANGHAI, Jan 23 (Reuters) – China stocks extended a rally on Tuesday to fresh two-year peaks, underpinned by continued gains in banking and real estate firms. ** At the close, the Shanghai Composite index was…
Beijing Guoan plead ignorance in Bakambu transfer saga
Beijing Guoan are pleading ignorance over the protracted fate of Cedric Bakambu even after the striker declared he was China-bound in a reported 40-million-euro deal. In a statement to AFP, the Chinese club declined to…
China criticizes Trump tariffs on solar, washing machines
“China expresses its strong dissatisfaction with this … Susana Martinez listens during a news conference in Albuquerque, N.M. Some in the U.S. solar-power industry are hoping a decision this week by President Donald Trump doesn’t…
China Mobile uses EXFO solution for IoT test
China Mobile has utilized EXFO’s test solution to conduct performance verification test for the core networks from 4 major tech vendors. The IoT test confirmed that these NFV-based networks can individually support 5 million narrowband…
China online quiz craze lures prize seekers, tech giants
BEIJING/SHANGHAI (Reuters) – It seems like a game everyone wins: some of China’s biggest tech companies, looking to hook in new consumers, are using cash prizes to draw millions of contenders to mobile-based online quiz…
BRIEF-China Development Financial Holding unit disposes stake in GlobalWafers for T$300.6 mln
* Says its unit CDIB Capital Group disposes 1.2 million shares of GlobalWafers Co Ltd , at the average price of T$258.04 per share, for T$300.6 million in total ( read original story …)
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