Mizuho upgraded shares of China Unicom (Hong Kong) (NYSE:CHU) from an underperform rating to a neutral rating in a research report sent to investors on Monday morning, Marketbeat.com reports. A number … ( read original…
Monthly Archives For November 2018
Soybean trade shows resolve of China as it pushes back on U.S. demands
The humble soybean has joined the front lines of the trade war between the United States and China. Since the Sept. 1 start of the 2018-19 market year, the flow of U.S. soybeans to China…
Tech titans feel the chill in relations with Beijing
This year, a red patch glowed over Zhongnanhai, the compound in Beijing where the top Communist party leaders … and there were changes to financial regulations around payments. Yet even these steps, … ( read…
Five takeaways on launching a brand in China
China, the country that often comes with its own set of clichés: different, big, unique. However, I feel it is just diverse and the rules are different. Understanding the market’s idiosyncrasies befor… ( read original…
The Good News Hidden in China’s Slowing Economy
There’s good news hidden in China’s tumbling stock markets and slowing economy. A government bid to curb risky lending, clean up industry, and restrain home prices is holding firm even as growth heads … (…
FS meets financial officials in Beijing
Financial Secretary Paul Chan today met financial officials of the Central Authorities in Beijing. In the morning, Mr Chan met Minister of Science & Technology Wang Zhigang, where he said the Hong Kon… ( read…
UPDATE 1-China property developers face new normal: double-digit bond yields
HONG KONG, Nov 20 (Reuters) – Times China Holdings sold a three-year bond in January at a yield of 6.25 percent, now the Chinese property group is having to offer almost double that on a…
China identifies 17 key areas to make AI breakthroughs
China’s Ministry of Industry and Information Technology (MIIT) has identified 17 key areas as priority for artificial intelligence (AI) development through inviting private enterprises and research in… ( read original story …)
Regulated system of shadow banking in China can benefit private firms
Loose lending will create massive bad loans down the road, which runs contrary to Beijing’s fight to deleverage the financial system in the past few years. China central bank adviser joins market refo… ( read…
Top Crypto Exchange Huobi Pays Its Dues to Beijing by Setting up Communist Party Committee
The company behind major cryptocurrency exchange Huobi has created a Communist Party branch as part of its obligations to the Chinese state, the company’s U.S.-based subsidiary Huobi Info confirmed No… ( read original story …)
Beijing To Develop ‘Orwellian’ Plan Of China To Rate Citizens, By 2021
Beijing’s municipal government will assign citizens and firms “personal trustworthiness points” by 2021, state media reported on Tuesday, pioneering China’s controversial plan for a “social credit” sy… ( read original story …)
Beijing to assign ‘personal trustworthiness points’ for all citizens by 2021
Beijing will ascribe all of its residents and companies with “personal trustworthiness points” within three years, as part of China’s plan to use technology to monitor its population more closely. The … ( read original…
The 10 Best Places to Dine in Beijing
With China’s role on the global stage ever-expanding, much of the nation’s culture and cuisine continues to find appreciative audiences everywhere. And yet, what we’ve seen internationally barely touc… ( read original story …)