HONG KONG (Reuters) – Fosun International (0656.HK) is looking to raise up to $547 million with the IPO of its Club Med holiday business in Hong Kong, as it seeks funds to grow its business…
Monthly Archives For November 2018
The US Navy sent a cruiser to challenge China in the South China Sea, and Beijing is not happy about it
A US Navy cruiser conducted a freedom-of-navigation operation Monday near the Paracel Islands in the contested South China Sea, where China has established several military outposts as it asserts domi… ( read original story …)
China state paper says trade deal possible at G20 if U.S. ‘fair minded’
SHANGHAI (Reuters) – China and the United States can reach a trade agreement at the G20 meeting in Argentina this week, the state-run China Daily newspaper said in an editorial on Friday … ( read…
China factory growth unexpectedly stalls in November: official PMI
BEIJING (Reuters) – Growth in China’s vast manufacturing sector stalled for the first time in over two years in November, missing expectations and adding pressure on Beijing to roll out more … ( read original…
China Planning Major Purge of $176 Billion Loan Market
It suggests that Xi Jinping’s government isn’t done cracking down on China’s $9 trillion shadow banking industry, despite concern that tougher rules have choked the flow of credit to the world’s secon… ( read original…
China should take steps to bolster its private sector
Other senior officials have voiced similar phrases. But the key question — for China’s growth prospects, for global financial markets and for Beijing’s ballast as it squares off against the US — is wh… (…
Don’t expect much of a trade deal from Trump’s G20 China meeting: economists
China and the U.S. trade deficit with the country … and breaking news at Yahoo Finance. Follow him on Twitter @zGuz. ( read original story …)
Factbox: Four ways China is a major economic driver in Argentina
Since 2015, China has spent $3.6 billion, most of it on transportation and infrastructure projects, says Argentina’s investment and international trade agency. CURRENCY SWAP The financial ties … ( read original story …)
Trump thinks tariffs are the only way to get China to change, some say no
It would harm consumers and it would harm the American economy,” said Bradley at the Yahoo Finance All Markets Summit. Bradley sees indicting bad actors and working with allies in a collective approac… ( read…
G20: US and China tensions dictate against multilateralism
But there was always a sense, particularly as China and other fast-growing emerging market countries took a bigger share of the world economy, that real legitimacy was missing. When the global financi… ( read original…
Kenya partners SimbaPay on money transfer to China
Family Bank, a leading bank in Kenya, has partnered with London-based financial technology firm, SimbaPay, to launch an instant money transfer service from Kenya to China. The transfer is through WeCh… ( read original story…
Business leaders hail Russia’s booming energy ties with China
As Russia’s relationships with the West become increasingly fragile amid ongoing economic sanctions, Moscow continues to look towards China for economic opportunities — and energy is one space where t… ( read original story …)
For China, Islam is a ‘mental illness’ that needs to be ‘cured’
Three months have passed since the UN broke the news of China’s network of concentration camps and the ancillary programmes designed to purge Islam and destroy the Uighur people who cling so tightly t… (…