The United States won a World Trade Organization (WTO) ruling on Thursday against China’s use of tariff-rate quotas for rice, wheat and corn, which it successfully argued limited market access for U.S … ( read…
Monthly Archives For April 2019
Visual China fined over false photo copyright claims
shut its website and apologized after it falsely claimed copyright of images such as the first photo of a black hole and China’s national flag. The news had caused its shares to slump by the…
Pakistan’s finance minister quits amid criticism
Pakistan is seeking an $8 billion bailout package, but the United States, which exerts major influence over the fund, has said it should not finance the billions of dollars in loans Pakistan has taken ……
Finance dept.: Provisions in China loan deals ‘standard’ in deals with other states, institutions
For the Chico River project, China International Economic and Trade Arbitration Commission will handle the arbitration, which will take place in Beijing, China. Finance Undersecretary Mark Dennis … ( read original story …)
Chinese businesses in Malaysia watch cautiously as Mahathir, Beijing move ahead on railway
Malaysia’s finance minister, Lim Guan Eng … leverage on improved ties amid the new rail agreement to ink new palm oil deals, particularly since Beijing had offered to buy more palm oil products from ……
China Stimulus Not Good Enough. Beijing Planning Even More.
2019 Stimulus is helping China navigate slowest growth in 30 years The Financial Times – 05:15 AM GMT April 17, 2019 China’s policy stimulus may worsen economic distortions: OECD Reuters – 14:55 PM … (…
China March local govt special bond issuance at $58.4 bln – finance ministry
BEIJING – Chinese local governments issued 391 billion yuan ($58.41 billion) in special bonds in March, up sharply from 171.7 billion yuan in February, the finance ministry said, as Beijing looks to … ( read…
Fintech innovation – an imperative for the success of Canada’s financial sector
To put that in perspective, only two other financial centres globally have grown at a faster rate: Beijing and Shanghai. While our stature as a global financial centre has elevated, sustaining that … ( read…
Beijing takes control of rating agency Dagong, following last year’s licence suspension in China
said it would ban Dagong from rating debt-financing instruments for non-financial firms. the firm had provided “false” statements and “fake” information to the regulator. The restructuring of Dagong … ( read original story …)
China reportedly monitors what civil servants do outside work as the country rolls out its ambitious social credit system
It quickly became the most downloaded app across Chinese social media platforms, the South China Morning Post reported in February. According to Bloomberg, some small business owners in the eastern … ( read original story…
China’s Huawei makes second attempt at Brazil smartphone market
SAO PAULO (Reuters) – China’s Huawei Technologies Co Ltd is making a second attempt at cracking the Brazilian smartphone market, the fourth-largest in the world, with the launch of two high-end … ( read original…
For Amazon, China’s E-Commerce Market Proved Too Much of a Jungle
The firms entered the Chinese market with great fanfare in the early 2000s only to wither in the face of competition from China’s faster-moving internet titans. Amazon has been in talks to merge its e…
China Minsheng Banking : NOMINATION OF EXTERNAL SUPERVISOR
A meeting of the board of supervisors (the “Board of Supervisors”) of China Minsheng Banking Corp., Ltd. (the “Company”) was convened on 18 April 2019, at which the Resolution on the Nomination of Mr. ……