The World Bank says economic growth in 2018 will peak at 6.5 per cent and fall to 6.2 per cent in 2019. But there are risks. If China and the US cannot reach a deal…
Monthly Archives For December 2018
China factory activity shrinks for first time in over two years, 2019 looks tougher
Trade frictions are already disrupting global supply chains, fuelling concerns of a bigger blow next year to world trade, investment and shaky financial markets. The official Purchasing Managers’ Inde… ( read original story …)
China factory activity shrinks for first time in over 2 years, 2019 looks tougher
A gauge on overall production fell to 50.8, the lowest since February, from 51.9. New orders – an indicator of future activity – continued to soften, reinforcing views that business conditions in Chin… ( read…
Canada Goose’s first China store draws eager crowds despite diplomatic headwinds
Large crowds have flocked to Canada Goose’s new outdoor wear store in downtown Beijing, its first in mainland China, since its opening on Friday, despite sub-freezing temperatures and a chill in bilat… ( read original…
Beijing moves to curb regional banks’ expansion
Smaller regional lenders have become major drivers of shadow banking in China as they’ve sought ways to … a senior analyst at Sino Ocean Capital in Beijing. “They would find it very difficult to cir……
U.S., China presidents express optimism about possible trade deal following phone conversation
The presidents of the United States and China said their countries are making progress toward a trade deal, offering hope to nervous investors after markets tanked this month on fears of worsening eco… ( read…
China to kick off year of sensitive anniversaries with major speech on Taiwan
But it will be self-ruled Taiwan, proudly democratic and claimed by China as its own, that will be the focus of Xi’s first important, pre-announced public event of the year. State news agency Xinhua s……
China’s disappeared: the high profile people who went missing at hands of the state in 2018
China threatened “grave consequences” if Canada did not release … She admitted to tax evasion. State news agency Xinhua reported that Fan and the companies she represents had been ordered to pay tax… ( read…
China Curbs Banks’ Unlicensed Operations Outside Home Base
Lenders, including rural cooperatives and policy banks, will need to apply for a license to operate units outside their home base or will have to wind down the businesses, the China Banking and Insura… (…
China to end the year as worst performing stock market
A trade dispute with the US and a crackdown on shadow banking made China the world’s worst-performing major stock market in 2018, shedding some $2.3tn in value. Investors say that while China’s intens… ( read…
Empty Homes and Protests: China’s Property Market Strains the World
JURONG, China — For Hu Peiliang, Jurong was a city of cranes, concrete and opportunity. He was so sure it was on the cusp of a boom that last year he moved his family there.…
China Unicom to invest CNY1.5bn in 5G for Beijing 2022
China Unicom, the Official Telecommunication Services Partner of the Beijing 2022 Winter Olympic Games and Paralympic Games will invest CNY1.5bn in 5G related projects in its services to Beijing 2022. … ( read original story…
China Targets Smaller Lenders in Latest Shadow Banking Crackdown
China announced plans to rein in the expansion of lending by the nation’s regional banks to areas beyond their home bases, the latest step policy makers have taken to defend against financial risk in ……
