A state tobacco company in the southern city of Jian just received its first 15 cars, while state telecom firm China Unicom is supplying branches across the country. China Southern Airlines, Hesteel G… ( read…
Monthly Archives For December 2018
Asia Stocks Drop; U.S. Futures Rise on China News: Markets Wrap
(Bloomberg) — Asian equities dropped in the wake of the the biggest slide in stocks on Wall Street since the mid-October downdraft, though U.S. futures advanced after China officially echoed Presiden… ( read original story…
China’s Fund Managers Challenged as Banks Wade Into Industry
“The new rules will intensify both competition and cooperation between banks and mutual fund firms,” said Wang Yifeng, Beijing-based researcher at China Minsheng Banking Corp. Mutual funds have the be… ( read original story …)
Asia-Unicom builds backbone to China
Kyrgyzstan operator Asia-Unicom has deployed a fibre-optic backbone in South Kyrgyzstan, reports Profit.kz. It is the only DWDM backbone across the country. The capacity of the backbone line is 100 Gb… ( read original story…
RPT-FOCUS-Earn after reading: China news app lures with clickbait and cash
BEIJING/SHANGHAI, Dec 4 (Reuters) – Cai Li, a janitor in Shanghai, developed a serious addiction to news app Qutoutiao, lured by gossipy articles about celebrities and the cash she gets from reading t… ( read…
China Announces Punishments for Intellectual-Property Theft
(Bloomberg) — China announced an array of punishments that could restrict companies’ access to borrowing and state-funding support over intellectual-property theft, a key sticking point in its trade … ( read original story …)
Morning Brief: Trump is losing leverage with China
[Yahoo Finance] Also: U.S. Trade Representative Lighthizer to lead talks with China [Reuters] China announces new punishments for IP theft: Intellectual property theft is one of the main points of con… ( read original story…
China remains mum as Trump talks up trade truce
As White House officials fanned out to talk up what U.S. President Donald Trump called “an incredible deal” with China to hit pause in their trade war, Beijing has said little on a pact that…
Luxury brands take a hit from sluggish Chinese economy
That is jolting brands such as Louis Vuitton and Burberry that increasingly rely on Chinese customers who spend $90-billion a year on jewellery, clothes and other high-end goods. The industry already … ( read original…
China to consider enterprises’ credit data during IPO approval procedure
China will launch new measures connected to its national social credit system, including taking companies’ credit data into consideration during the initial public offerings approval process … ( read original story …)
Beijing Finance Governor Bans Security Token Offerings in City
Huo Xuewen, the chief of Beijing’s Municipal Bureau of Finance, declared in a recent speech that security token offerings will not be tolerated in the city. This cannot be considered surprising, becau… ( read original…
China Announces New Punishments for Intellectual Property Theft
(Bloomberg) — Intellectual property theft is one of the main points of contention in China’s dispute with Washington, and just days after President Xi Jinping promised to resolve the U.S.’s “reasonab… ( read original story…
BRIEF-China Development Bank Financial Leasing Announces Purchase And Leaseback Of Eight Aircraft
Dec 4 (Reuters) – China Development Bank Financial Leasing Co Ltd: * UNIT THROUGH SPECIAL PURPOSE COS ENTERED INTO EIGHT AIRCRAFT PURCHASE AGREEMENTS AND SIX LEASE AGREEMENTS * HAINAN AIRLINES … ( read original story…