PARIS (AP) — French President Emmanuel Macron will head to China next week to strengthen commercial ties with the world’s second-largest economy. It will be Macron’s first state visit to China since he won election…
Monthly Archives For January 2018
Buyers beware: China’s property bonds face the highest risk of default among borrowers in 2018
Bonds from China’s property developers face the biggest risk of default in the nation’s domestic debt market as the government’s funding curbs strain their finances, according to a survey of analysts and traders. Ten out…
China speeds up introduction of property tax
As part of the plan to contain housing price, China vows to step up housing system reform and create a long-term market mechanism. When and how a property tax will be levied has long been…
BRIEF-GDS Partners With SDIC, China Unicom, And China Telecom For Data Center Development In Upcoming Markets In China
* GDS HOLDINGS LTD – ENTERED LOI WITH SDIC, CHINA UNICOM, AND CHINA TELECOM FOR DATA CENTER DEVELOPMENT IN UPCOMING MARKETS IN CHINA Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust…
Migrant worker evictions tear at Beijing’s backbone
Lin Huiqing moved to Beijing to look for work when his children were still in diapers. For the last eighteen years, he has seen his family just once a year, the rest spent doing the…
China Tightens Regulation Over Mobile Payment Apps — What’s Next For Tencent and Ant Financial?
China is quickly hurtling towards a cashless society, thanks largely to digital payment services operated by web giant Tencent and Alibaba affiliate Ant Financial. But going into 2018, the companies’ days of easy growth might…
China stocks climb on robust services sector activity; Hong Kong also up
China’s services sector activity expanded in December on solid growth in new business, with the outlook improving to a six-month high, a private sector survey showed on Thursday. At 04:02 GMT, the Shanghai Composite index…
Chinese companies see greater brand awareness overseas
China has become the major contributor to the growth of global trademark registrations and the leader of the world’s innovation and brand development, a senior official said at the 2017 China Brand Forum in Beijing.…
For China, Olympic dreams and ‘snow business’ in winter sports boom
January 3, 2018 Harbin, China—On a recent morning in this city in northeastern China, about 20 children take turns sliding heavy granite stones across a sheet of ice toward a red, white, and blue bull’s-eye.…
U.S. blocks MoneyGram sale to China’s Ant Financial on national security concerns
Ant Financial said it paid MoneyGram a $30 million termination fee for the deal’s collapse. Reporting by Greg Roumeliotis in New York; Additional reporting by Nikhil Subba and Vibhuti Sharma in Bengaluru, Philip Wen in…
Beijing to build $2 billion research park as China races to world dominance in AI
Beijing announced plans to build a $2.12 billion AI research park Wednesday. With spots for 400 enterprises, the park may help China towards its goal of dominating the global AI market by 2025. Beijing is…
China’s growth objectives clash with financial stability goal: IMF
Sources have told Reuters that China is likely to keep this year’s GDP growth target of “around 6.5 percent” in 2018 even as Beijing steps up a campaign, now in its second year, to control…
China Mobile Ltd. (ADR) is Too Cheap to Ignore
Shares of China Mobile (NYSE: CHL), the biggest wireless carrier in China, fell 4% in 2017 on concerns about a seasonal slowdown in its revenue and earnings, exacerbated by higher capex for its 5G expansion.…
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