Recent Chinese economic data has undershot expectations, leading to speculation that China’s central bank may take steps to support activity levels. RBC Capital Markets thinks the bank is likely to cut a critical ratio for…
Monthly Archives For June 2018
China to target US energy for retaliatory action
China is lining up retaliatory tariffs against the US to hit energy, which is one of its most successful export industries in recent years. Sales of US oil, gas and coal to China have been…
Financial Firms Chinlink and MCM’s Joint Venture Sets Sights on Xi’an
Chinlink is a financial services provider holding multiple licenses both in Hong Kong and China, providing financing guarantee, finance lease, supply chain finance and money lending services and etc. Chinlink has established a strong foothold…
CEO of a China’s JD.com says a trade war would hurt ‘a lot of American brands’
A long-term trade war between the United States and China would end up hurting a lot of American brands, Richard Liu, the founder and CEO of Chinese e-commerce company JD.com, told CNBC. Trade tensions mean…
These are Asia’s favourite brands in 2018
strong enough as a brand to ride out that sort of thing.” Campaign Asia’s ranking is based upon surveys supported by Nielsen conducted across the Asia Pacific with 400 respondents in each market, except Japan,…
China’s most popular TV brand is hoping to score a goal with high-profile World Cup deal
A wave of new Chinese companies are sponsoring the 2018 World Cup in Russia, hoping to use one of the biggest stages in sport to raise their brands. But one of those companies is already…
China calls Trump’s newest trade attack ‘blackmail,’ says US ‘initiated a trade war’
China responded by calling the move “blackmail” and stated that the US “initiated a trade war.” China also threatened to hit back with proportional restrictions. The back-and-forth is the latest is a sustained trade fight…
Goldman Sachs hires Cai Wei as co-head of China investment banking
HONG KONG (Reuters) – Goldman Sachs (GS.N) has hired Cai Wei as partner and co-head of its China investment banking division, it said in an internal memo, which was confirmed by a Goldman Sachs spokeswoman.…
China Mobile’s new IPTV license could herald end of traditional cable TV
China Mobile Ltd, the nation’s largest telecom provider, has reportedly received its first IPTV license, in Guangdong. This might signal the beginning of the end of traditional cable service in the country, which is offered…
Something old for Xiaomi’s new IPO
Its mega IPO is also to be Hong Kong’s first dual-class share listing. Xiaomi’s move also creates uncertainties for Beijing’s initiative to lure tech giants like Baidu, Alibaba and Tencent back home. The China Securities…
North Korea freight plane used during Kim-Trump summit lands in Beijing: Kyodo
The plane that landed in Beijing was used during the historic summit between Kim and U.S. President Donald Trump in Singapore last week, Kyodo reported. Japan’s Nikkei reported earlier on Tuesday that Kim could visit…
White House piles pressure on China after Trump tariff threat
Even with tariffs on an additional $200 billion in Chinese goods, the impact on both China’s and the U.S. economy is set to be small, most economists say. The risk of contagion comes from financial…
Airbus seeks China deal after diplomatic gaffe – sources
China’s ICBC Financial Leasing has also expressed interest in placing an Airbus aircraft order, the sources said. The fate of a landmark Chinese order for 180 Airbus jets was left uncertain in January when French…
