BEIJING — An explosion early Wednesday outside a chemical plant in northeastern China has killed at least 22 people and destroyed scores of vehicles. An official news release said the blast occurred … ( read…
Monthly Archives For November 2018
Google employees go public to protest China search engine Dragonfly
While China has long blocked search queries for what it has deemed … “This is a watershed moment for Google,” Joe Westby, Amnesty International’s researcher on technology and human rights, said in n… ( read…
Beijing: Creation of Artprice and Artron Teams to Conquer the Chinese Art Market, Multiply Artprice’s Turnover and Promote Chinese Art in the West
financial and economic involvement with Artron, Artprice has decided to appoint a Chief Executive responsible for its Chinese and Greater Asia operations, who will reside in Beijing and work … ( read original story …)
China’s Central Bank Can Step Up a Little Faster
It’s true that the People’s Bank of China is not independent, but the central bank of the world’s second-largest economy is outgrowing that excuse. There’s plenty it can and should do without explicit … (…
China has a ‘love-hate’ relationship with blockchain and cryptocurrency, fund manager says
China , Yeung said the Chinese government is investing in the blockchain but said “what they are not endorsing is the crypto part of things, which is challenging the fundamental of financial … ( read…
Jack Ma, China’s most prominent capitalist, is a member of the Communist Party
Today’s party isn’t exactly exclusive. Its members represent nearly 7 per cent of China’s population. Its ranks include government officials, business people and even dissidents. Being a member often … ( read original story …)
Alibaba-backed parenting site Babytree starts taking orders for downsized IPO
The Beijing-based firm started trading on the Hong … The firm debuted at HK$6.91, or $0.88, compared to its IPO price of HK$6.80. That values Babytree at HK$11.5 billion, or $1.47 billion … ( read…
China’s economy became No. 2 by defying No. 1
Milton Friedman had a message for China: To get rich, it must be free. It was 1988. The Soviet Union was tottering. Across Eastern Europe, the communist order was on the verge of collapsing. Trying…
China to designate financial institutions as ‘too big to fail’
Chinese regulators are to designate more financial institutions as “systemically important” in their latest move to limit financial risk following a decade-long debt build-up. A policy framework publi… ( read original story …)
Morning Brief: Trump signals China tariff boost, could slap 10% tariff on iPhones
Read more Trump expects to move ahead with boost on China tariffs: President Trump … like a great deal for the EU,” it could threaten a U.S.-UK trade pact. [Yahoo Finance UK] United Technologies to…
China sets new rules to reduce ‘too big to fail’ risk
BEIJING (Reuters) – China’s financial regulators on Tuesday released broad guidelines on new rules aimed at tightening supervision of financial institutions that are deemed “too big to fail”, the late… ( read original story …)
Beijing scores US$4.5 billion in record land sales after easing controls to prop up property market
The Beijing government’s partial easing of controls on the property market has helped it score record land sales in a single day. Twelve out of 13 land sites were successfully auctioned off by the Bei……
Deep in the Data, China’s Bank Funding Squeeze Is Easing Off
China’s beleaguered private companies may be on the cusp of better times, with signs emerging that a government push to boost bank lending is working. The private sector, which makes up about 80 perce… (…
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