HONG KONG (Reuters) – China will conduct comprehensive inspections on all ride-hailing service companies, the transportation ministry said on Friday, after a driver from the dominant ride-hailing … ( read original story …)
Monthly Archives For August 2018
Japan finance minister, Chinese officials endorse global trade system amidst Trump tariffs
BEIJING—Japan’s finance minister and Chinese officials have pledged support for the multilateral system of global trade regulation ahead of a possible new round of U.S. tariff hikes in a battle over B… ( read original…
China’s Tesla: Why You Should Avoid It
NIO is clearly selling this IPO as buying a stake in the future growth of China’s electric car market. Chinese manufacturers have a clear advantage here, because premium Chinese vehicles sold in … ( read…
Too Many Chinese Children Need Glasses. Beijing Blames Video Games.
BEIJING — It started this week with a call to action from China’s leader, Xi Jinping. Too many of the country’s children need glasses, he said, and the government was going to do something about…
China’s banks see jump in fines under chief regulator Guo – UBS
BEIJING (Reuters) – Fines levied by China’s banking regulator have surged since Guo Shuqing became its head in February 2017, rising nearly six-fold from the cumulative fines levied over the previous … ( read original…
Trump to back $200-billion China tariffs as early as next week: sources
He also criticized management of the yuan, saying China has devalued its currency in response to a recent slowdown in economic growth. Companies and members of the public have until Sept. 6 to submit ……
Japan says financial dialogue with China ‘extremely good’
BEIJING (Reuters) – Japanese Finance Minister Taro Aso said on Friday that the current round of financial dialogue with China was “extremely good”, and that both sides agreed to maintain cooperation i… ( read original…
China says putting pressure on Beijing won’t work amid trade war with U.S.
BEIJING (Reuters) – China’s foreign ministry on Friday said that putting pressure on Beijing over trade won’t work, after a report that U.S. President Donald Trump is prepared to quickly ramp up a tra… (…
China Logistics Property Announces 2018 Interim Results
Revenue significantly up by 65.2% to RMB274.3m Gross Profit increased by 88.5% to RMB199.3m Reinforce nationwide network of logistics facilities, further optimize tenant portfolio Introduced … ( read original story …)
For a ‘House Church’ in Beijing, CCTV Cameras and Eviction
BEIJING — The Zion church in Beijing, one of the city’s largest unofficial Protestant “house” churches, has operated with relative freedom for years, hosting hundreds of worshippers every weekend in a… ( read original story…
China to escalate efforts in curbing financial risks
BEIJING, Aug. 30 (Xinhua) — China’s banking and insurance regulator has vowed to step up efforts in curbing financial risks and deepening reform and opening-up in the sectors. China’s economy has mai… ( read original…
EV startup Nio lowers IPO target
China’s electric vehicle startup Nio submitted supplementary … According to the new filling, the firm seeks its per share price at between $6.25 and $8.25. US-based IPO research company IPO Boutique … ( read original…
China’s top bank ICBC flags trade war risks as profits rise
SHANGHAI/BEIJING (Reuters) – Industrial and Commercial Bank of China (1398.HK)(601398.SS), the world’s largest commercial bank, joined its peers in reporting higher first-half profit and a steady bad … ( read original story …)