That would make it the first global investment bank to secure majority ownership since a surprise decision by China late last year to open the sector to foreign control. A UBS spokesman declined … (…
Monthly Archives For October 2018
China ‘won’t be found’ a currency manipulator, bank lobby group says
China’s central bank is not manipulating the yuan’s exchange rate but the ongoing tensions between Beijing and Washington will be a long-term game, according to the president and CEO of The Institute … ( read…
Japan’s Abe Pursues China Thaw as U.S-Beijing Ties in Deep Freeze
TOKYO — While U.S. President Donald Trump appears to wage a trade “Cold War” on China, Japanese Prime Minister Shinzo Abe will promote a thaw with Beijing at a summit this month where business ties…
China trade surplus with U.S. widens to record $34.1B
BEIJING — China’s trade surplus with the United States widened to a record $34.1 billion in September as exports to the American market rose by 13 per cent over a year earlier despite a worsening…
China State Media Calls on U.S. to Avert ‘Full-Scale Face-Off’
China denounced Trump administration accusations of election-meddling as “Sinophobia” and urged the U.S. to steer the world’s two largest economies off their collision course. In a toughly worded comm… ( read original story …)
China, not Russia is the massive threat to watch, former FBI director says
“For all practical purposes, we are in an espionage war with China,” James Lewis of the Center for Strategic and International Studies in Washington DC told Fox News. “They use cyber-espionage, intell… ( read original…
Chinese Medical Cosmetology Platform SoYoung Seeks For US IPO
Chinese medical cosmetology platform SoYoung is seeking for an initial public offering (IPO) in the US, putting the company at a potential valuation between US$2 billion and US$3 billion, according to … ( read original…
China trade surplus with US widens to record $34.1B
BEIJING – China’s trade surplus with the United States widened to a record $34.1 billion in September as exports to the American market rose by 13 per cent over a year earlier despite a worsening…
Five Eyes intelligence alliance builds coalition to counter China
The five nations in the world’s leading intelligence-sharing network have been exchanging classified information on China’s foreign activities with other like-minded countries since the start of the y… ( read original story …)
Tencent Music delays $2 billion U.S. IPO due to weak markets: sources
HONG KONG (Reuters) – Tencent Music Entertainment has delayed its planned U.S. initial public offering (IPO) until at least November as the owner of China’s most popular music apps prefers to … ( read original…
China sees a bargain in Canadian crude
With Canadian oil over 60 per cent cheaper than U.S. benchmark West Texas Intermediate and global marker Brent, China’s refiners are being lured to the heavy and sludgy crude. That’s because, apart fr… ( read…
Dao Ventures Launches 2018 US-China Impact Venture Contest
This is a critical moment for the US-China business relationship, and we at Dao Ventures firmly believe that a proactive approach to catalyzing and promoting cross-border collaboration between the two … ( read original story…
China’s central bank recruiting cryptography experts to help develop its own digital money
Beijing’s ideal digital currency “must ensure the smooth running of monetary and financial stability policies and at the same time protect consumers”, Zhou Xiaochuan, the then central bank chief, said … ( read original story…
