“Just as we have removed foreign ownership caps in the banking sector, we plan to take similar steps … full-ownership operation in the financial sector,” Li added. Beijing has taken numerous steps t… ( read…
Monthly Archives For September 2018
Geopolitical uncertainties and trade concerns are clouding the IPO landscape in 2018
He noted that investor concerns over trade between China and the U.S. could dampen enthusiasm for public offerings. “I think the reasons why we have the global IPO slowdown is the ongoing geopolitical … (…
China blocks US Navy warship’s entry to Hong Kong port as ties between Washington and Beijing circle the drain
Amid a number of economic, geopolitical, and military disputes between China and the US, Beijing has rejected a US Navy warship’s request to make a port call in Hong Kong next month. The amphibious as……
Beijing calls Swedish satire show racist after it warned Chinese tourists not to eat dogs
Beijing has accused a Swedish satirical TV show of racism after it appeared to mock Chinese tourists and warned them not to mistake dogs for food. “Svenska Nyheter,” a weekly program on Swedish nation… (…
METALS-Copper pressured by China property worries after holiday
LONDON, Sept 25 (Reuters) – Copper, zinc and other base metals slid on Tuesday, rattled by more concerns about the economy in top metals consumer China and adjusting after a one-day closure of Chinese ……
New tariffs drive China shares lower; property firms drop on pre-sale system review
SHANGHAI, Sept 25 (Reuters) – China’s stock markets fell on Tuesday, their first trading day after new U.S. and Chinese tariffs on each others goods kicked in on Monday, while property firms plunged o… (…
China Unicom Unaware as Wireless Merger Talk Gets Louder
China Unicom, one of the nation’s three mobile carriers, said on Wednesday it has not been notified of any plan that would see it merge with similar-sized rival China Telecom, following increasing spe… ( read…
The 2018 China Cybersecurity Week was held in Chengdu
Nearly 700 representatives from Alibaba, Tencent, Baidu, Qihoo 360, China Mobile, China Unicom, China Telecom, China UnionPay, China Construction Bank, National Industrial Information Security … ( read original story …)
China’s Influencer Fatigue is Real. What Should Brands Do?
China’s rapid growth often defies conventional wisdom. It is also true when it comes to influencer marketing. Motivated by the earning potential and possible fame, many digital-savvy Chinese are joini… ( read original story …)
Wecash and its 32-year-old founder are driving this joint bid for a virtual bank license in Hong Kong
Wecash, a Beijing-based fintech start-up has teamed up with Japanese financial firm Orix and Hong Kong property developer SEA Group to apply for a virtual bank licence from the Hong Kong Monetary Auth… ( read…
China says U.S. putting ‘knife to its neck’, hard to proceed on trade
BEIJING (Reuters) – A senior Chinese official said on Tuesday it is difficult to proceed with trade talks with the United States while Washington is putting “a knife to China’s neck”, a … unnerving ……
China: Talks impossible with a US knife to Beijing’s neck
BEIJING — A Chinese trade envoy says talks with Washington are impossible while the United States “holds a knife” to Beijing’s neck by imposing tariff hikes. The deputy commerce minister’s warning Tue… ( read original…
China says hard to proceed on trade with U.S. putting ‘knife to its neck’
When the talks can restart would depend on the “will” of the United States, Vice Commerce Minister Wang Shouwen said at a news conference … criticisms against China about trade and security … ( read…