Suzhou, a manufacturing hub near Shanghai dubbed the “Venice of China”, is considering new property restrictions to cool runaway home prices. A second-tier city with a population of 10.7 million, its … ( read original…
Monthly Archives For May 2019
China Backs Yale Stance on Foreign Students, Rips U.S. Actions
U.S. concerns about technology and intellectual property theft by China have been at the center of the deepening trade war between the two countries. Read Salovey’s open letter to the Yale community … ( read…
China Unicom announces world’s first Super 5G SIM with 128 GB storage
Most of the 4G LTE SIM cards on that we use today offers a maximum of 128/256 KB of storage, which will be sufficient to store a couple of messages and contacts. Now, for the…
Trade war has limited impact on China financial markets: regulator
BEIJING (Reuters) – A trade war with the United States has had a limited impact on China’s financial markets and its effects will be “even smaller” in the future, China’s chief financial regulator … (…
China pays record $22bn in corporate subsidies
China increased its subsidies to domestically listed companies … according to corporate earnings data collected by financial database Wind. “This data just reinforce the impression that Chinese … ( read original story …)
Why now – amidst the US-China trade war – is the best time for top luxury brands
In 2008, at the height of the global economic crisis, markets around the world were devastated and consumer confidence was shattered. Second, luxuries are an extension of personality and, because of … ( read original…
China TV brands shrug off headwinds in 1Q, says WitsView
WitsView, a division of TrendForce, has it in its latest report that shipments of TV brands worldwide came to 49.87 million units for 1Q19, a QoQ slide of 24.6% and a YoY bump of 0.5%.…
Here are 5 steps China could take to hurt the US beyond more tariffs
But China has other weapons against its nemesis besides further tariffs. Nearly half of U.S. companies doing business in China said they’ve experienced non-tariff retaliation from China since the U.S. … ( read original story…
China wages relentless crackdowns on its Muslims. But Saudi Arabia stays quiet as it bolsters ties with Beijing.
BEIJING — In China, the current Islamic holy month of Ramadan can bring even more struggles for Muslims already under relentless pressures. Chinese authorities are bullying members of the Muslim … ( read original story…
China Restructures Anbang in Step to Sell Firm After Takeover
Anbang became synonymous with China’s unbridled appetite for overseas trophy assets. The company’s swift fall from grace was capped by Wu’s 18-year prison sentence in May last year. Court documents … ( read original story…
China’s Banking Cleanup Needs a Bigger Mop
(Bloomberg Opinion) — China’s banking cleanup has moved into a fresh phase with the seizure of a small city-commercial lender. It’s far from clear that regulators have the right supplies to … ( read original…
China’s First Bank Seizure Since 1998 Shows Hidden Loan Risk
(Bloomberg) — China’s first government takeover of a bank in more than two decades has underscored the potential for increased stress at regional lenders that piled into off-book financing in recent … ( read original…
China Releases New Crypto Rankings
The Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology, released the 12th update of its crypto project rankings Thursday. The number … ( read original story …)
