BEIJING — An Air China flight bound for Beijing was diverted to central … It said it was arranging for another plane to pick up the passengers from Zhengzhou. The Beijing News said on its…
Monthly Archives For April 2018
China March new loans rise as shadow banking retreats
Chinese banks doled out more loans in March and appeared to make solid progress in reining in off-balance sheet lending that has prompted a sweeping crackdown by regulators looking to reduce systemic financial risks. The…
Japan Foreign Minister Says Beijing, Tokyo Should Co-operate More to Denuclearize North Korea
TOKYO — Japanese Foreign Affairs Minister Taro Kono said on Sunday that Tokyo and Beijing needed to work more closely together to denuclearize North Korea, in comments made during a meeting with his Chinese counterpart,…
China’s financial reforms are not what they’re cracked up to be
If you had been waiting with bated breath for earth-shattering policy announcements from President Xi Jinping at this week’s Boao Forum, you have reason to be underwhelmed. Xi was hardly going to get into details…
Beijing Festival Sends out Mixed Messages
The eighth edition of the Beijing International Film Festival gets under way Sunday night. A spectacular ceremony, some 25 miles away from downtown Beijing will kick off a week of cinema-related celebrations that look little…
China Mobile : HSI ends down 24 pts at 30,807 midday; turnover at HK$56.3bn
in volatile trade following the 293-point rally of the Dow overnight as tensions in Syria alleviated. The benchmark index opened up 245 points to 31,076, which marked the intra-day high. It then moved gradually lower…
Are Chinese international students the new brand champions?
With first-hand access to the latest trends from a wide variety of luxury brands, Chinese students abroad have become unofficial opinion leaders for their friends and peers back home. According to a survey conducted by…
Beijing ‘takes aim at Taipei’ with ‘last-minute’ live-fire drills in the Taiwan Strait
Beijing’s first live-fire exercise in the Taiwan Strait in three years, which is expected to include the first drill appearance in the area by aircraft carrier the Liaoning, appears to be a last-minute countermove to…
China opens up financial institutions to foreigners
China’s new central bank governor Yi Gang announced the move on Wednesday, confirming Beijing is serious about moving swiftly on President Xi Jinping’s commitment a day earlier to open up the country to more foreign…
Simon Cheng, President of X Financial: China Has Bettered US in Fintech
SAN FRANCISCO, April 14, 2018 /PRNewswire/ — Simon Cheng had already realized that fintech will change traditional consumer finance or overturn the public’s consumer behaviors and even lifestyles back in 2015, when he still worked…
Is China’s ‘cheap money’ era over as credit shrinks and interest rates rise?
Social financing, a broad measure of credit and liquidity in the world’s second biggest economy, fell 1.33 trillion yuan (US$211.85 billion) from a year earlier to 5.58 trillion yuan, the People’s Bank of China said…
China Stocks Sell Off From Alibaba To Weibo, But This IPO Is A Buy
Autohome (ATHM) was one U.S.-listed China stock that held up reasonably well. Shares of the auto information site fell 2.65%, but from Thursday’s record high. Autohome is well extended from a breakout. Baozun, Weibo and…
China engaged in massive theft of US technology, analysts reveal
China is engaged in large-scale theft of American research and technology from universities, using spies, students, and researchers as collectors, experts told Congress on Wednesday. Compounding the technology theft, the administration of President Barack ……
