US officials are reportedly bracing for China to covertly make its presence known at the summit between US President Donald Trump and North Korean leader Kim Jong Un. As the June 12 meeting in Singapore…
Monthly Archives For June 2018
Narendra Modi in China highlights: Bank of China’s first branch to open in Mumbai
Chinese President Xi Jinping has accepted Prime Minister Narendra Modi’s invite to India for an informal summit next year, Foreign Secretary Vijay Gokhale said on Saturday. While addressing the media on the meeting between the…
Committee on Foreign Investment in the United States Completes Review of Proposed China Oceanwide and Genworth Financial Transaction
RICHMOND, Va., June 9, 2018 /PRNewswire/ — China Oceanwide Holdings Group Co., Ltd. (Oceanwide) and Genworth Financial, Inc. (GNW) today announced that the Committee on Foreign Investment in the United States (CFIUS) has completed its…
Narendra Modi in China LIVE updates: Bank of China’s first branch to open in Mumbai
Chinese President Xi Jinping has accepted Prime Minister Narendra Modi’s invite to India for an informal summit next year, Foreign Secretary Vijay Gokhale said on Saturday. While addressing the media on the meeting between the…
China is in Trouble
1 In comparison with those of Western economies, China’s countermeasures against the crisis in 2008 were significantly more drastic. While in the US the balance sheet total of the banking system increased by USD 4,000bn…
Currency swap: CBN orders Banks to open Renminbi accounts in China
Currency swap: CBN orders Banks to open Renminbi accounts in China – The Central Bank of Nigeria (CBN) yesterday released the operational guidelines for the $2.5 billion currency swap agreement between Nigeria and China. The…
China Factory Inflation Picks Up on Rising Commodity Prices
Has The ‘Bad Bank’ Idea Made A Comeback? Homebuyers As Financial Creditors: An Inelegant Solution? Morgan Stanley’s Jonathan Garner On The Bull Case For India Ridham Desai On What’s Making The Market Suspicious About Growth…
Naira To Strengthen on Back of China Currency Swap
in three years under the U.S.$2.5 billion bilateral currency swap with the Peoples Bank of China. The deal is expected to reduce the demand for U.S. dollars by Nigerians importing goods from China, and consequently…
Xiaomi gets IPO nod from HK exchange, say sources
Offering could become world’s largest first-time share sale since Alibaba’s listing BEIJING • Xiaomi has won Hong Kong stock exchange approval for its planned initial public offering (IPO), which would be the first listing in…
China Mobile (CHL) Holder Lazard Asset Management LLC Cut Stake
Lazard Asset Management Llc decreased its stake in China Mobile (CHL) by 1.18% based on its latest 2018Q1 regulatory filing with the SEC. Lazard Asset Management Llc sold 247,477 shares as the company’s stock declined…
Automated shops spread in China as mobile payments take off
HANGZHOU, China — A retail revolution is sweeping China as companies like Alibaba Group Holding use their ubiquitous mobile payment platforms to spread unmanned systems and help brick-and mortar stores shave growing labor costs. Workers…
China Mobile Games Report 2018 – ResearchAndMarkets.com
The “2018 China Mobile Games Report” report has been added to ResearchAndMarkets.com’s offering. China will enjoy strong growth in digital gamers and games revenue in the next 5 years, to reach $42 billion USD in…
China plans to build $3 billion-worth of solar farms shaped like giant pandas
In 2015, Ada Li Yan-tung, who was 15 years old at the time, came up with a novel idea to get more young people in China interested in renewable energy: Build a massive solar-energy farm…
