China’s NIO is arguably the furthest along of all the flashy electric car startups that have formed over the last few years. Now it wants to go public in the United States on the New…
Monthly Archives For August 2018
Trade war puts new strains on America Inc’s factories in China
Rising risk from the trade tensions “gave us good impetus to check out how we look at the whole business”, said Bernard Cheung, director of global strategic marketing at DSM China. For some, the respo……
Global luxury brands again chase China’s young, rich and spendthrift
HONG KONG (Reuters) – Global luxury brands from Prada (1913.HK) to LVMH (LVMH.PA) are investing in China for the first time since a crackdown on conspicuous spending five years ago, focusing on smalle… ( read…
FOCUS-Global luxury brands again chase China’s young, rich and spendthrift
* Millenials are the key driver of luxury spend in China * Falling luxury prices in China help boost demand * Brands moving into second, third tier cities By Farah Master and Donny Kwok HONG…
Beijing Enjoys the Bluest Skies in a Decade
Beijing residents have been breathing some of the cleanest air in a decade as they begin to reap the benefits of China’s anti-smog push. Of the seven lowest monthly pollution readings in the capital c……
Beijing orders banks to boost lending to exporters
The regulator added that financial institutions should “effectively promote … People close to Chinese policymakers say that Beijing has low expectations for Mr Wang’s talks this week with US Treasur… ( read original story …)
Trump’s policies could enable America’s economy to outpace China’s
But there is one capital where the American economic renaissance is definitely not welcome news. Consternation reigns in China, where President Xi Jinping is nervously watching his “China Dream” of do… ( read original story…
China regulator asks financial institutions to support infrastructure investment
BEIJING (Reuters) – China’s banking and insurance regulator has asked financial institutions to give more support to infrastructure investment, import and export firms, and companies experiencing “tem… ( read original story …)
China Unicom to cut international roaming fees by up to 97 percent
China Unicom, China’s second largest telecom operator, recently announced on its official website that it will cut international roaming fees by up to 97 percent beginning Aug. 10, Securities Daily re… ( read original story…
Financial sector to be opened further
made the remarks on Friday during the Shanghai-based China Financial Futures Exchange’s launch of two-year treasury bond futures. The treasury bond future contracts are agreements allowing investors t… ( read original story …)
Activist compares Beijing’s rule in Hong Kong to colonialism
HONG KONG — A Hong Kong pro-independence activist decried Beijing’s rule over the city as modern-day colonialism in a speech Tuesday to a foreign journalists’ association that defied the Chinese gover… ( read original story…
Chinese Property Developers Tap Onshore Bonds at the Cheapest Price Tag Ever
China’s property developers are selling more bonds in the domestic market — and at the cheapest rates, helping to ease refinancing pressures at the cash-strapped sector. Builders managed to issue 42 … ( read original…
China ploughs $144 billion into shantytown redevelopment so far in 2018
But ballooning property bubbles and hidden local debt risks as a result of credit stimulus from the project have sounded alarm bells for China’s top leaders. The housing ministry said in July it will ……