Despite fears about China’s financial stability, UBS is positive on Chinese financials this year, its head of China strategy explained Tuesday. “There’s less worry about financial stability in China because a lot of other sectors…
Monthly Archives For January 2018
Here’s how many online posts China deleted in 2017
“One of the most worrying developments is the new cyber security law where companies have a greater onus to engage in censorship of their users,” said William Nee, China researcher at Amnesty International, to FT…
China’s Lanzhou eases property tightening measures, more cities may follow
BEIJING, Jan 8 (Reuters) – The Chinese city of Lanzhou has eased property curbs amid a nation-wide clampdown on housing speculation, raising concerns that other cities may follow suit which will further inflate price bubbles…
Property developers power China stocks to 6-week highs; Hong Kong flat
SHANGHAI, Jan 8 (Reuters) – China’s main share indexes rose on Monday morning and were on track to climb for a seventh straight session, boosted by robust gains for real estate firms as major developers…
Growth in China’s financial technology has only just begun, CEO says
Multiple Chinese financial technology firms, including Qudian, PPDai, Hexindai and Jianpu, went public in the U.S. last year Despite the competition in the space, Jianpu CEO David Ye said growth in the market had only…
BRIEF-Oceanwide Holdings unit to transfer rights shares of China Oceanwide International Financial for about HK$179.8 mln
* Says its overseas wholly owned unit plans to transfer nil-paid 11.99 billion rights shares of China Oceanwide International Financial Ltd for about HK$179.8 million * Says the unit will cut stake in China Oceanwide…
The Missing ‘Development’ in China’s Global Development Finance
Analysis of China’s foreign “aid” misses the fact that much of it is in the form of commercial loans and little of it seems to have helped the recipient countries develop. There is an emerging…
Xiaomi IPO plan reportedly eyes $200b valuation
Xiaomi is considering an IPO in either Hong Kong or New York … After struggling with declining sales in 2016, the Beijing-based company managed to revive growth last year, partly by opening offline retail stores…
3 companies helping make China a global hub for IoT technology
To talk about the Internet of Things in China is to talk about manufacturing. Manufacturing spending on IoT technologies in China is estimated to rise to $127.5 billion by 2020. Since China currently produces a…
Wanda Vista Beijing Hotel Opens
Wanda Vista Beijing (formerly Sofitel Wanda Beijing) officially opened on January 1, 2018, as the 19th Wanda Vista branded hotel. Located in the heart of Beijing’s Central Business District, Wanda Vista Beijing is close to…
Iranian oil tanker burning off China may explode, body found in search for missing crew
“The Chinese government takes maritime accidents like this very seriously, and has already dispatched many search and rescue teams to the scene to carry out search and rescue,” Lu Kang, a spokesman at China’s foreign…
GDS, SDIC, China Unicom and China Telecom partner to develop upcoming data centre markets
GDS has entered into a non-binding agreement with China Unicom, China Telecom and SDIC to jointly develop data centres in selected upcoming markets in China. GDS Holdings Limited (GD), a developer, operator of high-performance data…
GDS, SDIC, China Unicom and China Telecom partner to develop upcoming data centre markets in China
A consortium consisting of GDS, SDIC, China Unicom and China Telecom will launch a pilot project in Tianjin, building large-scale data centre infrastructure to meet data demands GDS has entered into a non-binding agreement with…
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