Caixin | In most countries, only a handful of financial institutions are large enough to warrant a “too big to fail” label. China isn’t most countries. After a decade of runaway credit expansion and r……
Monthly Archives For October 2018
China Mobile (CHL) Lifted to Buy at Zacks Investment Research
Zacks Investment Research upgraded shares of China Mobile (NYSE:CHL) from a hold rating to a buy rating in a research note published on Tuesday morning. They currently have $56.00 price objective on t… ( read…
Tencent ranked as top Chinese brand
[Photo by Long Wei / for China Daily] British multinational advertising and public relations company WPP unveiled its top 100 Chinese brands ranking on Wednesday evening in London, in an effort to ack… ( read…
Study says Canada needs trade with China, but the USMCA will make that more challenging
Policy experts previously told Global News that Clause 32 is likely rooted in the United States’ ongoing trade war with China. “What the Americans are doing is to ensure that Canada remains … ( read…
IMF-World Bank ends meetings with call to brace for risks
China’s central bank governor, Yi Gang, joined the chorus of consternation over the trade standoff, which has resulted in Washington imposing penalty tariffs on tens of billions of dollars of imports … ( read original…
Smoking could affect Beijing residents’ chances to get loans
Illegal smoking in Beijing could soon affect the ability of offenders to … from taking flights or trains for their previous misdemeanors during travel as well as financial irregularities. The move w… ( read original…
China echoes IMF pledges to avoid using currency as trade war tool
“China will continue to let the market play a decisive role in the formation of the RMB exchange rate,” Yi said in an International Monetary and Financial Committee (IMFC) statement posted on Saturday … (…
China Won’t Use Yuan as Tool to Deal With Trade War, Yi Says
“China will continue to let the market play a decisive role in the formation of the RMB exchange rate,” Yi said in a statement to the International Monetary and Financial Committee, which was posted o……
China approves two new IPO applications
China is gradually switching from an approval-based IPO system to one based on registration. BEIJING – China’s top securities regulator has approved new IPO applications from two companies, which will … ( read original story…
China’s biggest streaming-music service is reportedly postponing its US IPO because of stock-market volatility
Tencent Music Entertainment is reportedly delaying its US initial public offering because of the recent stock-market volatility. The China-based streaming-music service already met with its … ( read original story …)
China views yuan depreciation not in its interest: Mnuchin
NUSA DUA, Indonesia (Reuters) – U.S. Treasury Secretary Steven Mnuchin on Saturday said Chinese officials told him this week that a further depreciation of China’s yuan currency was not in the … ( read original…
China Blinks First In LNG Face-Off With U.S.
Amid the ongoing trade war between the U.S. and China, it seems that Beijing may be getting the short end of the stick already. On Sunday, the People’s Bank of China said it was cutting…
The US is hunkering down for a new cold war with China
China’s president Xi Jinping and US president Donald Trump meet in Beijing in November 2017. The US administration views China as a strategic and economic rival Share on Twitter (opens new window) Sha… ( read…
