The Chinese telecoms equipment maker has sued the U.S. government, saying a law limiting its U.S. business was unconstitutional, as Washington has sought to counter what it sees as China’s … ( read original story…
Monthly Archives For March 2019
China’s foreign minister says he backs Huawei’s lawsuit against the U.S. government
The Chinese telecoms equipment maker has sued the U.S. government, saying a law limiting its U.S. business was unconstitutional. The lawsuit marks another rift between China and the United States … ( read original story…
China February exports tumble the most in three years, heighten global slowdown fears
Analysts warn that data from China in the first two months of the year should be read with caution due to business disruptions caused by the long Lunar New Year holidays, which came in mid-February…
Canada’s Richardson disputes China claim of ‘hazardous pests’ in canola
BEIJING/CHICAGO (Reuters) – Canadian agribusiness Richardson International said on Wednesday that canola it shipped to China met regulatory requirements after a Chinese official charged that “hazardou… ( read original story …)
Mark Zuckerberg Wants Facebook to Emulate China’s WeChat. Can It?
That’s because WeChat isn’t dependent on advertising for making money. It has a mobile payments system that has been widely adopted in China, which allows people to shop, play games, pay utility bills … (…
China Ever Grand Financial Leasing Group Co Ltd
China Ever Grand Financial Leasing Group Co., Ltd., through its subsidiaries, manufactures polishing compounds and accessories under its own brand name. The Company also trades different types of indu… ( read original story …)
Tesla Reaches China Bank-Loan Agreement for Gigafactory
(Bloomberg) — Tesla Inc. secured as much as $521 million in loans from Chinese banks to build a vehicle and battery factory in the country, putting the carmaker a step closer to producing Model 3…
China tightens rules on wealth management, boosting prospects for foreign banks
This comes as Japan’s Nomura is awaiting a license to launch a wealth business in China, while JPMorgan and Bank of Singapore, a unit of Asian lender Oversea-Chinese Banking Corp are among others cons… (…
China says it will beef up canola testing following Canadian import conflict
Imports of canola into China will undergo more thorough inspections, the country’s customs agency said Thursday, a move that comes after one Canadian company saw its permit to ship the crop to the cou… (…
Chinese Exodus Exacerbates Australia’s Property Slump
As real-estate agent Adam Wong works through Australia’s worst property downturn in decades, he’s also found himself at the mercy of China’s slowing economy. In Wong’s core market of Chatswood, a subu… ( read original…
FX controls are relaxed in China
With the renminbi stabilizing of late partly due to easing Sino-US trade tensions, China has slightly relaxed capital and FX controls in 2019. In early 2018, People’s Bank of China issued a regulation … (…
China’s Quiet Central Banking Revolution
Since Yi Gang became governor in March 2018, the People’s Bank of China has improved its communications, boosted its transparency, and moved toward a flexible exchange rate. Although the PBOC has plen… ( read original…
‘China Property Queen’ Wu Yajun is the Richest Self-Made Female Billionaire
Wu Yajun, co-founder and chairperson of Hong Kong-listed Longfor Group Holdings, has reclaimed her title as the world’s richest self-made woman for the first time in seven years, with a net worth of U… (…
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