[Photo provided to China Daily] The government is taking measures to control property market in order to make sure housing is for living and not for speculation, Securities Times reported Thursday. Officials from the Ministry…
Monthly Archives For May 2018
Chinese owner eyes Volvo Cars IPO, picks banks: source
NEW YORK/STOCKHOLM/BEIJING (Reuters) – The Chinese owner of Volvo Cars has hired three investment banks for an initial public offering (IPO) this year that could value the Swedish carmaker in a broad range of $16…
China central bank says to maintain neutral policy, stable yuan
HONG KONG/BEIJING (Reuters) – China’s central bank will maintain its neutral monetary policy and keep liquidity and credit growth largely steady while keeping the yuan currency basically stable, it said on Friday. The central bank’s…
Wall Street banking giant JP Morgan looks to expand in China
Wall Street titan JP Morgan Chase has become the latest firm to apply for a controlling stake in a Chinese securities venture, taking advantage of new rules Beijing put in place last month as part…
Chinese interest for US IPOs still strong
“Despite the heated talk on trade, I remain an optimist about US-Chinese relations, economic and otherwise,” said Drew Bernstein, co-head of the China practice at Marcum Bernstein & Pinchuk and an auditor of Chinese IPOs…
China Credit Growth Beats Estimates as Economy Maintains Pace
China’s broadest measure of new credit exceeded estimates and loan growth picked up, signaling that the economy remains robust into the second quarter. Aggregate financing stood at 1.56 trillion yuan ($246 billion) in April, the…
China monthly car sales pick up in April; EV sales double
Monthly figures from the China Association of Automobile Manufacturers show that passenger cars sales in April rose 11 per cent over a year earlier to 1.9 million vehicles, outpacing a 3.5 per cent growth rate…
Leaders of Japan, China, South Korea agree to co-operate on North Korea
TOKYO — China, Japan and South Korea warmed their chilly relations … “The three countries will take leadership to achieve peace and prosperity in the Northeast Asia,” Abe told a joint news conference in Tokyo,…
China’s new train line to Iran sends message to Trump: We’ll keep trading anyway
The launch of a new rail connection between Bayannur in China’s Inner Mongolia Autonomous Region and Iran was announced by the official news agency Xinhua on Thursday. Its exact path was not described in the…
Critic’s jailing shows hushed dissent since ’08 China quake
Like many in the poor, mountainous region, Chen and her husband had been working in more economically vibrant eastern China. Hearing news of the quake at the textile plant where they worked in Zhejiang province,…
China, Japan and South Korea highlight unity amid North Korea moves
TOKYO (Reuters) – China, Japan and South Korea agreed on Wednesday to cooperate … make sure this is linked to concrete action by North Korea,” Abe told a news conference after the meeting. Chinese Premier…
China Unicom voted as “Asia’s No.1 Best Managed Telecommunications Company”
HONG KONG, May 11, 2018 /PRNewswire/ — China Unicom (Hong Kong) Limited (“China Unicom” or “the Company”) (HKEx: 0762; NYSE: CHU) was voted by professional investors as “Asia’s No.1 Best Managed Telecommunications Company” in “Asia’s…
Small U.S. Brands Try Cracking The China Market With Live Streams
Last September, Sandy Friesen was trying to get into the Chinese retail market the hard way. An experienced fashion executive and former senior director at Kate Spade, Friesen is the CEO and founder of Weldon,…
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