BEIJING– President Xi Jinping promised Tuesday to cut China’s auto tariffs and improve intellectual property protection in possible concessions aimed at defusing a worsening dispute with Washington over trade and technology that investors worry could…
Monthly Archives For April 2018
China-Based CLPS Files For $14 Million U.S. IPO
CLPS (CLPS) intends to raise $14 million from the sale of its common stock in a U.S. IPO, according to an F-1 registration statement. The firm provides legacy financial institutions in China with a range…
Bad humour: China watchdog shuts Toutiao joke app over vulgar content
BEIJING/SHANGHAI (Reuters) – In China, a platform for risqué jokes is no laughing matter. Toutiao, a hugely popular news and online content portal that is luring investors, was forced to pull its joke sharing “Neihan…
Beijing unveils financial opening moves, boosts Hong Kong stock link, plays down yuan talks
China’s central bank has unveiled a slew of market opening measures in the financial sector on Wednesday, including the removal of foreign ownership caps of banks, as Beijing tries to paint itself as an open…
Breakingviews – China’s financial market door only opens inward
HONG KONG (Reuters Breakingviews) – China’s latest financial opening promises go in one direction. Central bank governor Yi Gang on Wednesday pledged to lower ownership barriers for foreign financiers by the end of the year,…
China Adds Flesh to Bones of Plan for Big Bang Financial Opening
China’s plan for an historic opening of its financial sector came into sharper focus as the nation’s top central banker elaborated on pledges from President Xi Jinping that have buoyed global markets and eased trade…
The big multinational brands kowtowing to China
A couple of years ago, a satirist on Taiwan, the democratic self-governing island that China claims as a province, created an online “Apologise to China” contest. Shortly before, an 18-year-old Taiwanese pop singer named Chou…
China Mobile Workstations Market 2017 – Recent Study Including Growth Factors, Applications, Regional Analysis, Key Players and Forecasts till 2022
Questale published a new in-depth industry research that focuses on China Mobile Workstations market, delivers detailed analysis of market and future prospects of China Mobile Workstations market. The critical and significant data in the study…
China to open its doors to foreign banks
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…
Samsung’s Market Share in China is Now 0.8% Only
According to a recent market study carried out by Strategy Analytics, the South Korean held on to 12 th spot in China in the fourth quarter of 2017. Currently, the only foreign company that has…
China, HK stocks climb as Beijing pledges to further open financial sector
China will allow foreign investors to enter its trust, financial leasing, auto finance and consumer finance sectors by the end of this year, the country’s central bank said on Wednesday. China also will raise foreign…
China central bank governor says market-determined exchange rate is working very well
BOAO, China (Reuters) – People’s Bank of China Governor Yi Gang said on Wednesday the country’s exchange rate mechanism had been working well and that it hadn’t intervened in currency markets for a long time.…
China speeds up reforms opening finance sector to foreign ownership
Beijing has sped up the pace of ownership reforms for China’s banking, securities, futures, asset management and insurance sectors, shifting the timeline for implementation from years to just months after President Xi Jinping this week…
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