BEIJING (Reuters) – China’s central bank said on Thursday it will maintain a prudent, neutral monetary policy, neither too tight nor too loose, and keep liquidity reasonably ample. The People’s Bank of China (PBOC) will…
Monthly Archives For June 2018
China won’t give up ‘one inch’ of territory says President Xi to Mattis
China is committed to peace but will not give up “even one inch … but the government in Seoul maintains they are defensive in nature. The best way to get news on the go Download…
Whack-a-mole: China steps up property market scrutiny in 30 major cities
BEIJING (Reuters) – China said on Thursday it would renew efforts to crack down on property irregularities in 30 major cities from July to end-December, mobilizing powers from seven major Chinese government agencies in a…
Fearing Yuan’s Slide, China Puts New Limits on Property Companies’ Bonds
SHANGHAI—China’s top economic planning body has told the country’s heavily indebted property companies to curb their issuance of dollar-denominated bonds, a sign of Beijing’s concern about the side effects of the yuan’s recent slide. In…
The Good Times Are Over for China’s Property Stocks
The long-awaited crunch for Chinese property stocks is finally here. These domestically focused companies might seem to have little connection with global trade fights. But those tensions have caused the yuan to slide this week.…
HTC and China Mobile partner on 5G devices
HTC and China Mobile have announced signing a 5G Devices Forerunner Initiative, with the companies to work together on accelerating the production and deployment of 5G devices and infrastructure in China. The announcement, made during…
A group linked to the Chinese government has warned of a looming ‘financial panic’
It’s now starting to look a bit like 2015, a period when Chinese financial markets were in meltdown. China’s National Institution for Finance and Development (NIFD), a Chinese government-backed think tank, warned this week of…
China rejects US concerns over South China Sea militarisation
China’s President Xi Jinping told visiting US defence secretary Jim Mattis that China would not yield “one inch” of the South China Sea, rebuffing Washington’s efforts to engage Beijing on the issue. Mr Mattis was…
China tries to defuse trade pressure, says world benefits
BEIJING — China’s government defended its trade record as a benefit to the world in a new effort Thursday to defuse U.S. and European pressure over market access and technology policy. A Cabinet report repeated…
Beijing ‘has no problem’ with Donald Trump’s softer tone over Chinese investments in US
Beijing is happy with Donald Trump’s softer stance on Chinese investments in the US, a senior official said on Thursday, because his new proposals do not single out Chinese companies. Xiao Yaqing, the chairman of…
Exclusive: China rejects U.S. request for talks on airline website row
BEIJING/WASHINGTON (Reuters) – China has rejected U.S. requests for talks over how American airlines and their websites refer to Chinese-claimed Taiwan, according to sources, including a U.S. official, adding to tensions in a bilateral relationship…
China Escalates Crackdown on Property Speculation in 30 Cities
China escalated a crackdown on property speculation, saying it is embarking on a six-month campaign in 30 cities to root out violations in the housing market. The special campaign will target unlicensed real estate agencies,…
Whack-a-mole: China steps up property crackdown in 30 major cities
China said on Thursday it would renew efforts to crack down on property irregularities in 30 major cities from July to end-December, mobilizing powers from seven major Chinese government agencies in a concerted effort to…