a strong proponent of pressing China to end practices that the United States says include forced technology transfers from U.S. companies and intellectual property theft. China, which denies that it e… ( read original story…
Monthly Archives For February 2019
Huawei founder says will not share data with China: CBS News interview
WASHINGTON (Reuters) – Huawei Technologies Co Ltd’s founder and chief executive pledged not to share any customer information with the Chinese government and said it had never done so, in an interview … ( read…
Huawei founder says will not share data with China: CBS News
Asked if it had shared data with China’s government, Huawei’s Ren Zhengfei said in a translated interview with the television news outlet: “For the past 30 years, we have never done that. And (for) th……
Alibaba boosts stake in investment bank CICC for $231 million
SINGAPORE (Reuters) – China’s e-commerce giant Alibaba Group Holding Ltd has raised its stake in top domestic investment bank China International Capital Corp’s Hong Kong-listed shares to … ( read original story …)
China’s JD.com to lay off 10 percent of senior executives this year: report
SHANGHAI (Reuters) – JD.com Inc, one of China’s largest e-commerce sites … qualified talent and to ensure quality growth of the business in the future,” the spokesperson said in a statement. ( read original story…
HSBC profit disappoints as China, Britain weakness poses challenge
An economic slowdown in China, exacerbated by its trade war with the United States, poses a challenge to HSBC’s strategy of pouring more resources into Asia where it already makes over three quarters … (…
HSBC profits hit by China slowdown
HSBC has reported a lower-than-expected 15.9% rise in pre-tax profits for 2018, partly because of an economic slowdown in China and Hong Kong. Europe’s largest bank made $19.9bn (£15.4bn) before tax l… ( read original…
Property sales in major Chinese cities to decline in Q1: report
under the principle that “housing is for living in, not speculation,” which analysts said set the tone for China’s property market regulation this year. ( read original story …)
Bank of China : China pledges more support for banks’ perpetual bonds to boost lending
BEIJING (Reuters) – China will provide further support for banks’ perpetual bond issuance, including examining ways to broaden the investor base for such bonds, to help boost lending in the economy, a … ( read…
China’s central bank sells net 1.2 bln yuan in FX in Jan
BEIJING, Feb 19 (Reuters) – China’s central bank sold a net 1.2 billion yuan worth of foreign exchange in January, according to Reuters calculations based on central bank data released on Tuesday. The … (…
New round of U.S.-China trade talks to begin in Washington on Tuesday
WASHINGTON (Reuters) – A new round of talks between the United States and China to resolve their trade war will take place in Washington on Tuesday, with follow-up sessions at a higher level later ……
China Plan to Integrate Hong Kong, Macau Skirts Tough Questions
China’s long-awaited plan to create a high-tech megalopolis on its southern coastline rivaling California’s Silicon Valley generated optimism among Hong Kong’s business community even as key details r… ( read original story …)
China pledges more support for banks’ perpetual bonds to boost lending
Perpetual bonds could potentially convert the debt into equity as more banks actively prepare to sell such bonds, Pan Gongsheng, vice governor of the People’s Bank of China (PBOC), told … ( read original story…
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