China agreed to extend a $5 billion credit line to cash-strapped Venezuela, the country’s finance minister said, as President Nicolas Maduro headed to Beijing. Venezuelan Finance Minister Simon Zerpa … ( read original story …)
Monthly Archives For September 2018
Automated Valet Parking jointly premiered by Daimler and Bosch in China
The technology, which debuted in the parking garage at the Mercedes-Benz Museum in Stuttgart in 2017, symbolizes a pioneering effort in infrastructure-supported driverless parking and marks the first … ( read original story …)
China to ask Wall Street for ideas on improving U.S. ties
HONG KONG (Reuters) – China will ask Wall Street firms for ways to improve ties with the United States and suggestions to open up its financial sector at a day-long meeting in Beijing on Sunday,…
Iran looks warily to China for help as US sanctions resume
Iran likely will further embrace Beijing as an alternative market for its crude oil and financial transactions amid uncertainty over the nuclear deal. That doesn’t mean China offers a safe haven to Ir… ( read…
UPDATE 2-China’s property investment weakens in August, sharp fall seen unlikely
* August sales by floor area +2.4 pct y/y vs +9.9 pct in July – Reuters calculation * August new construction starts +26.6 pct y/y vs +32.4 pct in July – Reuters calculations * Developers’…
China Finance Online Co. Limited (JRJC) CEO Zhiwei Zhao on Q2 2018 Results – Earnings Call Transcript
China Finance Online Co. Limited (NASDAQ:JRJC) Q2 2018 Results Earnings Conference Call September 13, 2018 8:00 PM ET Executives Dixon Chen – IR Zhiwei Zhao – Chairman and CEO Lin Yang – Vice … (…
‘We will regret it’ when Trump’s tariffs hurt China’s growth, says former US commerce secretary
Washington will regret its trade dispute with Beijing when U.S. tariffs end up slowing down China’s economy significantly, said former U.S. Commerce Secretary Carlos Gutierrez . Gutierrez, who served … ( read original story …)
Google’s China plan spurs inquiry from U.S. lawmakers, staff departures
(Reuters) – A bipartisan group of 16 U.S. lawmakers asked Alphabet Inc’s Google on Thursday if it would comply with China’s internet censorship and surveillance policies should it re-enter the Chinese … ( read original…
Malaysian official: We ‘should try to take advantage’ of the US-China trade war while it can
Malaysia should take “take advantage” of the opportunities arising from escalating trade tensions between the U.S. and China, the Malaysian finance minister Lim Guan Eng told CNBC on Thursday. The cou… ( read original story…
China Brand Relevance Index Reveals Evolving Ways that Consumers Interact with Brands
“Chinese consumers are becoming increasingly sophisticated, actively seeking products and services that provide substance, innovative experience, and belongingness,” says Tom Doctoroff. According to t… ( read original story …)
Chinese electric carmaker NIO eyes US$1.8b IPO in America
BEIJING, China (AFP) — Chinese electric carmaker NIO has filed for a US$1.8-billion initial public offering in the United States as the burgeoning company seeks to compete with US rival Tesla. NIO is … (…
China’s Investment Slowdown Worsens as Industry, Retail Hold Up
Credit data in August were stronger than expected overall, although the growth in bank lending is still slowing due to the effects of the campaign to cut leverage. Read More: China’s Choices Narrowed … (…
Bank workers from Fareham set their sights on Great Wall of China target for mental health charity
TWO bank workers are part of a group trying to raise £250,000 in aid of a mental health charity. Ollie Sampson and Sven Graham from Fareham have raised £10,000 as part of Lloyds Banking Group’s…