At the end of a long speech about cultivating an honest and effective wealth management industry in China’s political and financial capital, Beijing, Huo Xuewen, nixed the idea ICOs (initial coin offe… ( read original…
Monthly Archives For December 2018
Security experts question political influence of Toronto developer with ties to Beijing
A wealthy Toronto developer with close ties to Beijing’s ruling Communist Party has become a donor to federal, provincial and municipal politicians – raising concerns among security experts about the … ( read original story…
Beijing launches new administrative center in expansive suburb
Beijing’s subsidiary administrative center in the city’s Tongzhou district has been put into formal service as multiple Beijing’s municipal government agencies started moving in their entirety into th… ( read original story …)
Trade truce with China means big changes in Beijing policy: Trump
WASHINGTON/BEIJING (Reuters) – President Donald Trump and top U.S. officials said on Monday that a trade truce with China will lead to structural changes in Beijing’s economic policies, including lowe… ( read original story …)
BEIJING | China gets US tariff delay but movement on tech unclear
BEIJING — Buy more U.S. exports? Done. Tinker with technology tactics that irk Washington and other trading partners? Maybe. But scrap those plans, seen by Beijing as a path to prosperity and influenc… ( read…
China’s central bank chief says will keep monetary policy flexible
SHANGHAI (Reuters) – China’s central bank will keep its monetary policy flexible and appropriately adjust it according to changes in the country’s economic situation, bank governor Yi Gang … ( read original story …)
Earn after reading: China news app lures with clickbait and cash
BEIJING/SHANGHAI (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 them. Lo… ( read original…
Trump is losing leverage with China
China, for its part, will reportedly roll back retaliatory tariffs on cars imported from the United States, and start buying American farm products it has essentially blackballed. These minor concessi… ( read original story …)
Beijing ups influence over global financial markets
The Financial Times – 16:46 PM GMT November 27, 2018 Global Financial Services Bullish On AI, The ‘Disruptive Tech’ Frontrunner Forbes.com – 21:04 PM GMT November 28, 2018 Financial Stability Board Re… ( read original…
China gets US tariff delay but movement on tech unclear
“It’s impossible for China to cancel its industry policies or major industry and technology development plans,” said economist Cui Fan of the University of International Business and Economics in Beij… ( read original story …)
Tencent Music Revives IPO Plan
BEIJING (dpa-AFX) – Tencent Music Entertainment Group, the online music entertainment business of Chinese tech giant Tencent Holdings Ltd (TCEHY.PK) has revived plans for an initial public offering or … ( read original story …)
China’s Tencent Music launches $1.2 billion US IPO
Tencent Music Entertainment launched its hotly-anticipated US initial public offering of up to $1.2 billion on Monday after global stock markets were boosted by a truce brokered by US and Chinese … ( read original…
China’s banking association to boost consortium loans
[Photo/IC] BEIJING – The aggregate consortium loans … according to data from the China Banking Association (CBA), a non-profit industry organization. Pan Guangwei, vice-president of CBA, said … ( read original story …)
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