Despite a broad economic slowdown reflected in July data, China’s property market, a key growth driver, has remained a bright spot. The housing ministry said on Thursday over 990 billion yuan ($143.63 … ( read…
Monthly Archives For August 2018
Intellectual property cooperation with nations participating in Belt and Road Initiative continues to expand
BEIJING, Aug. 17 (Xinhua) — An intellectual property high-level conference for countries participating in the China-proposed Belt and Road Initiative will be held in Beijing from Aug. 28 to 29, to bo… ( read original…
Trump Pushes China for Better Deal With Trade Talks Set to Resume
China needs to make an offer that slashes the bilateral trade surplus, lowers import tariffs, provides better protection for intellectual property and stops forced technology transfers, Parker said ea… ( read original story …)
Investigation into HNA’s New York headquarters may show new escalation in US-China trade war
The US is investigating the national security implications of a Chinese-owned property in Manhattan – a review which indicates that the Trump administration might be unsheathing a new weapon in its tr… ( read original…
Homebuyers getting cold feet in Hong Kong’s property market amid growing uncertainties
Some buyers are so edgy about the Hong Kong property market that they are pulling out of deals … A gloomy outlook appears to be settling in as banks raise mortgage rates, the US-China trade…
China Home Prices Jump 1.2% as Clampdown Pushes Buyers to Smaller Cities
Average prices for new homes in China rose 1.2 percent in July, defying government efforts to ensure housing affordability and to clamp down on property speculation. It was the largest month-over-mont… ( read original story…
China orders bad-loan managers to help failing P2P lenders
China’s banking regulator has instructed the country’s four state-owned bad loan managers to deal with failing peer-to-peer lending platforms, a sign of Beijing’s concern about possible financial and … ( read original story …)
BRIEF-China Unicom Hong Kong Says Zhu Kebing Appointed Executive Director
Aug 17 (Reuters) – China Unicom Hong Kong Ltd: * ZHU KEBING HAS BEEN APPOINTED AS EXECUTIVE DIRECTOR * LI GUOHUA, HAS BEEN APPOINTED AS EXECUTIVE DIRECTOR AND PRESIDENT Source text for Eikon: Further ……
Tim Hortons’ China menu to offer congee, matcha along with the double double
Despite some of the adjustments the brand will have to make, food industry expert Robert Carter thinks the expansion makes sense because China’s growing middle class is willing to spend their increase… ( read original…
China tariffs could raise consumers’ tech bill $3.2 billion higher in 2019, trade group says
Additional tariffs being considered on imports from China could cause consumers to pay between $ … according to a new study published Friday by the Consumer Technology Association. Last month, Presi… ( read original story…
China orders bad debt managers to help failing P2P lenders
China’s banking regulator has instructed the country’s four state-owned bad loan managers to deal with failing peer-to-peer lending platforms, a sign of Beijing’s concern about possible financial and … ( read original story …)
DealBook Briefing: Tencent, and the Markets, Are Hurting. Blame Beijing.
Tencent, one of China’s most powerful tech giants, reported its first profit decline in a decade, and its shares fell as much as 5 percent. About $180 billion has vanished from its market value since…
This is how China controls its currency
Another reason is stability. China escaped the worst of the Asian Financial Crisis in the late 1990s, which battered the currencies of nearby countries, because it was largely shut off to foreign inve… ( read…
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