Ask Qualcomm In March, President Donald Trump blocked a $117 billion takeover of Qualcomm by rival Broadcom (AVGO), arguing that it could help China beat the United States in developing 5G technology. … ( read…
Monthly Archives For July 2018
Explosion near US embassy in Beijing wounds attacker
A man detonated a bomb outside the US embassy in Beijing on Thursday, injuring himself but harming nobody else at the American compound near the heart of the Chinese capital. Beijing police said the 2……
Man explodes small device outside US Embassy in Beijing
BEIJING (AP) — A man exploded a small homemade bomb outside the U.S. Embassy in Beijing on Thursday, injuring only himself, according to police and an embassy spokesperson. Photos on social media sho… ( read…
Beijing pledges wider access to financial markets
(ECNS) – Authorities in Beijing have promised to create a more attractive investment environment and significantly relax market access. Wang Hong, vice mayor of Beijing, said on Wednesday that the cap… ( read original story…
China Said to Ease Bank Capital Rule to Free Up More Lending
China took another step to ease the pressure from its deleveraging campaign, as authorities try to mitigate increasing risks to the economy from the trade war with the U.S. The People’s Bank of China ……
China central bank plans to ease some capital requirements for commercial banks: sources
SHANGHAI (Reuters) – China’s central bank plans to ease some of its capital requirements for commercial banks, in line with previous moves to spur lending, two people with knowledge of the matter said … (…
China makes headway in structural deleveraging
Growth in China’s overall leverage ratio dropped substantially in 2017, with an increase of only 2.7 percentage points from the previous year, compared with an annual average of 13.5 percentage points … ( read original…
UPDATE 1-China c.bank said to ease capital rule for some lenders to boost lending – Bloomberg
July 25 (Reuters) – Some Chinese banks have received notice from China’s central bank that a capital requirement will be eased to support lending as authorities seek to mitigate increasing risks to th… ( read…
China c.bank said to ease capital rule for some lenders to boost lending
July 25 (Reuters) – Some Chinese banks have received notice from China’s central bank that a capital requirement will be eased to support lending as authorities seek to mitigate increasing risks to th… ( read…
Fiat Chrysler Cuts Financial Targets as China Sales Flop
Fiat Chrysler Automobiles NV cut its financial targets after disappointing sales in China took a toll on second-quarter results, marking a rocky beginning to the tenure of new Chief Executive Officer … ( read original…
Trump says China is being ‘vicious’ by hitting US farmers with tariffs
President Donald Trump on Wednesday lashed out at China over retaliatory tariffs targeting US farmers. Beijing imposed tariffs on $34 billion worth of US products, including soybeans, earlier this mon… ( read original story …)
China’s Pinduoduo raises $1.6 billion in range-topping U.S. IPO: sources
HONG KONG (Reuters/IFR) – Chinese online group discounter Pinduoduo Inc (PDD.O) priced its U.S. initial public offering (IPO) at $19 per American depositary share (ADS), raising $1.63 billion in the s… ( read original story…
China’s Pinduoduo prices U.S. IPO at top of range, raises $1.6 billion: sources
HONG KONG (Reuters/IFR) – Chinese online group discounter Pinduoduo Inc (PDD.O) priced its U.S. initial public offering (IPO) at $19 per American depositary share (ADS), raising $1.63 billion in the s… ( read original story…