(Bloomberg pic) SHANGHAI: China’s banking and insurance regulator has urged lenders in Beijing to avoid forced liquidation of pledged shares, as part of efforts to help stabilise the country’s stock m… ( read original story…
Monthly Archives For October 2018
Beijing ‘will not use yuan as trade war weapon’ as it hits two-year low of 6.97 to US dollar
The US’ Federal Reserve Board is raising rates, while China’s central bank is leaning towards monetary easing. However, Pan reiterated on Friday that Beijing had no plans to allow a sharp fall in the ……
Swiss bank UBS says ‘business as usual’ in China
Swiss banking giant UBS said Tuesday it was “business as usual … The wealth manager, who focuses on China, delayed her return from Beijing to Singapore last week after she was asked to meet with…
China mints two new billionaires a week as Asia is set to overtake US as billionaire hotspot
China is set to overtake the US as the global hub for billionaires, according to a new report from UBS and PwC. China now has the highest concentration of billionaires outside the US, according to…
Canada prepared to stall trade deal with China until its behaviour is ‘more reasonable’
Canada’s ambassador to China says a trade pact with Canada likely won’t be reached until China shows flexibility on certain controversial policies. John McCallum says most of the work he is doing in B… (…
China to expel disgraced former Interpol chief from advisory body
the official Xinhua news agency said, though this will only be a formality. Meng had been a member of the body’s foreign affairs committee. Members of the advisory body do not enjoy immunity from pros……
Will China eclipse U.S. in high-tech innovation by 2025? | Trudy Rubin
CHENGDU — One reason for the fashionable fear that Beijing is out to overtake America is the worry that China will soon outstrip the United States in key areas of technology. Chinese President Xi Jinp……
Latest China Fintech IPO Gets a Lucky Break
Chinese financial technology (fintech) company Pintec Technology Holdings Ltd. got a lucky break on Thursday as it made its debut on the Nasdaq Stock Market just as the index snapped a three-day losin… ( read…
China-Japan drawing closer amid trade pressure from US
For now, however, Asia’s two largest economies appear to have shelved differences in favour of business ties. China is already Japan’s largest trading partner and Japanese companies from carmakers to … ( read original story…
China, Japan show united front on ‘free and fair’ trade
The demonstration of unity was underlined by the nearly 1,000 business representatives who traveled to Beijing from Japan. China’s Premier Li Keqiang said they had signed 500 agreements worth $18 … ( read original story…
China currency: Beijing says it will fight to defend yuan
China is warning speculators betting against its currency to prepare for a fight. The yuan on Friday slid close to its lowest point since the global financial crisis in 2008. But it recouped its losse……
A long brand association
Last month’s show was intended to tell the audience about the brand’s beginnings and also to talk about its market in China. Fang Fang, chief representative of Pierre Cardin China, said she faced a fe……
Dealmaker to Tech Stars Has Record Flop After Hong Kong IPO
Data refer to IPOs that raised at least $100m The tumble is a blow for the boutique investment bank that has worked as a bridge between China’s technology giants like Meituan Dianping and Didi Chuxing…
