However, the cost of that borrowing increased, with bank loan rates rising, according to the report. “They’re going to have to subsidize the rates if they want this to continue,” Leland Miller, chief … (…
Monthly Archives For March 2019
China Development Bank provides over $190 billion for Belt and Road projects
BOAO, China (Reuters) – China Development Bank has provided financing of more than $190 billion for projects of the “Belt and Road” infrastructure plan, bank president Zheng Zhijie told the … ( read original story…
Can China’s tech industry up its game and take the lead when it comes to innovation and research?
China has recently signalled its ambition to become a global tech superpower, with top leaders – including President Xi Jinping – saying science and technology is one of the main battlefronts of the … (…
Meet Judy Liu: China’s Luxury Brand Industry Game-Changer
Judy Liu has used her love of fashion and technology to propel China’s luxury brand industry to new levels of tech innovation and consumer influence. Liu is the Managing Director Greater China of … (…
Feds looking at sending delegation to China over canola ban
Prime Minister Justin Trudeau started off his second day in Winnipeg at the Manitoba Institute of Trades and Technology … took several questions about China’s ban against canola manufacturer … ( read original story …)
Zoom, one of the most anticipated tech IPOs of the year, has one key profit driver: engineers in China
One key driver for Zoom’s profitability is its large engineering team in China, where average tech salary is relatively lower than in the U.S. “Our product development team is largely based in China, … (…
Mobile internet penetration brings about ‘awakening’ in China, investor says
The desire for self-expression through the mobile internet is no longer just limited to China’s major cities, according to investor Richard Liu of Morningside Venture Capital. Subscribers in the … ( read original story …)
China softens tone about trade, officials say they want what U.S. wants
the chairman of China’s National Social Security Fund and the former Finance Minister, on Sunday. Lou went on to explain that what the U.S. wants, including the protection of intellectual property, … ( read original…
China widens ban on Canadian canola imports to second firm, Viterra
Canada and China have been locked in a trade and political dispute since the chief financial officer of Chinese telecom giant Huawei Technologies Ltd was arrested in Vancouver late last year on a U.S. ……
China’s ex-internet tsar handed 14-year jail sentence
A court in China sentenced the country’s former head of internet censorship, Lu Wei, to 14 years in prison for bribery on Tuesday, as part of President Xi Jinping’s ongoing anti-graft campaign. Lu, … (…
France seals multi-billion dollar deals with China, but questions Belt and Road project
PARIS (Reuters) – France and China signed deals worth billions of euros on Monday, including a huge Airbus plane order, during a visit by Chinese President Xi Jinping, despite Paris pushing back … ( read…
China Minsheng Bank: There Is Still Cause For Trepidation
China Minsheng Bank’s CAR (Capital Adequacy Ratio) remains amongst the lowest of the Chinese banks compared below. Regulatory developments that would see all loans 90 days or more overdue is … ( read original story…
Summary: mainstream premium car brands’ China sales in February
Shanghai (Gasgoo)- The China Passenger Car Association (CPCA) reported that China’s premium car sales in February declined 2.9% from a year ago. Gasgoo summaries the sales data released by automaker … ( read original story…
