Knowing that China Tower’s owners (the mobile-phone service providers) are also its largest customers — a major corporate governance red flag — they decided the best policy was to take money off the t… (…
Monthly Archives For January 2019
Asian shares recover as China outlines 2019 policy plans
SINGAPORE — Asian markets bounced back from slight early losses on Tuesday after senior economic officials said Beijing will cut taxes and keep monetary policy flexible to help weather China’s slowdo… ( read original story…
China rejects Justin Trudeau’s immunity claim for detained Canadian
China rejected Prime Minister Justin Trudeau’s claim that … Officer Meng Wanzhou is among several high-profile moves by Western nations against the mobile phone and telecommunication equipment maker … ( read original story …)
China completes first 5G-based 4K video transmission test
China Media Group (CMG), together with China Mobile, and Huawei completed this task, marking another breakthrough after the announcement to build the first national-level 5G new media platform in Dece… ( read original story …)
Bank of China offers $300 million loan to Sri Lanka
Bank of China has offered a loan of $300 million — which can be raised to $1 billion — to Sri Lanka, a source in Colombo said on Thursday. The Sri Lankan government is considering…
China Presses on With Tax-Cut Strategy as Lending Stabilizes
The change of approach is being driven largely by China’s debt load, which makes funding a splurge on bridges and railways dangerous for financial stability. Against the backdrop of slowing global gro… ( read original…
China will maintain ‘appropriate’ growth in total social financing – c.bank
BEIJING, Jan 15 (Reuters) – China will maintain ‘appropriate’ growth in total social financing, a central bank official said Tuesday. New liquidity released by China’s central bank has basically been … ( read original story…
China Will Maintain ‘Appropriate’ Growth in Total Social Financing-Central Bank
BEIJING — China will maintain ‘appropriate’ growth in total social financing, a central bank official said Tuesday. New liquidity released by China’s central bank has basically been transmitted to the … ( read original story…
China central bank deputy, asked on rate cuts, says existing policies should be improved
BEIJING (Reuters) – China should improve existing monetary policy measures, a vice head of the central bank said on Tuesday, when asked if the bank should cut benchmark interest rates to shore up the ……
Beijing to accelerate opening-up in financial sector
Beijing will release new measures involving foreign exchange management reform, cross-border use of yuan and investment and financing facilitation. [Photo/VCG] BEIJING – Beijing will attract … ( read original story …)
China signals more stimulus as economic slowdown deepens
This year, China will step up fiscal expenditure and implement larger tax and fee cuts. The cuts will focus on reducing burdens for small firms and manufacturers, the finance ministry said in a statem… (…
China Vows Tax Cuts on Larger Scale to Support Economy
deputy governor of the People’s Bank of China, Xu Hongcai, assistant minister at the Ministry of Finance and Lian Weiliang, vice chairman of the National Development and Reform Commission on Tuesday. … ( read original…
China’s $300 Billion Tax Cut Is Key Growth Stabilizer: JPMorgan
The change of approach is being driven largely by China’s large debt load, which makes funding a splurge on bridges and railways — like that following the 2008 financial crisis — dangerous for … (…
