Guo Shuqing, chairman of the China Banking Regulatory Commission, the country’s banking watchdog, said on Friday that the United States would “pay a huge price” for the ongoing trade conflict, … ( read original story…
Monthly Archives For June 2019
Korean Fashion Brand Basic House Mulls Sale of China Unit
(Bloomberg) — TBH Global Co., the South Korean clothing retailer whose brands include Basic House, is considering a sale of its Chinese business that could raise about $200 million, according to … ( read original…
Alibaba’s 6.18 Mid-Year Shopping Festival breaks records across China
Premier brands hit better-than-expected results … Powered by Cainaio, Alibaba’s logistics arm, customers in 354 cities in China were able to enjoy same-day delivery during this year’s 6.18 Mid-Year … ( read original story …)
Germany’s Altmaier seeks to head off a trade war in China
… s three-day trip to Beijing and Shanghai comes at a highly sensitive time because China’s largest telecoms operator China Mobile is poised to announce the results of multibillion dollar tenders to … ( read…
China Looks for a Savior in the Shadows
China’s central bank is stretching its arms far and wide to stem convulsions in the real economy. In the process, it’s lending legitimacy to financial firms that have long operated in the shadows. … (…
China Is Missing Out on Huge Bond Rally Taking Off Globally
That’s even as the People’s Bank of China signaled its readiness to support the economy, with Governor Yi Gang saying he sees “tremendous” room to adjust policy. Authorities have also repeatedly … ( read original…
China National Gold Studies Bid for Canadian Miner Iamgold
A representative for Iamgold declined to comment. The relationship between China and Canada remains tense after the arrest of Huawei Technologies Co. Chief Financial Officer Meng Wanzhou in Vancouver … ( read original story …)
China’s infiltration of US capital markets a security concern
We can no longer allow China’s authoritarian government to reap the rewards of American and international capital markets while Chinese companies avoid financial disclosure and basic transparency, and … ( read original story …)
China’s top talent now wants to work for rising domestic tech stars, not big brand multinationals
Molly Liu left her hometown Beijing to pursue a master’s degree in the United States in the 1990s. After graduation, she fought hard to win an entry-level position at a US-based consultancy and after ……
Announcing Hardware Battlefield 2019 in Shenzhen, China
Through those years we always had our eye on Shenzhen. The city offers an ecosystem like no other to support hardware startups through accelerators, rapid prototyping and world-class manufacturing. … ( read original story …)
Wanxiang and PlatON Join Forces for Blockchain Infrastructure of New Smart City in China
Automotive giant Wanxiang partners with blockchain firm PlatON to handle data for new smart city in China. Auto giant with multiple subsidiaries, Wanxiang, has partnered with PlatON to create … ( read original story …)
Chinese Tech Moguls: Regulation is Crypto’s Chief Hurdle
China has created news this week even though it is not a crypto friendly country. A public tweet by Binance CEO Changpeng Zhao intended as a reply to Pony Ma (Ma Huateng) statement got some…
We drive China’s Tesla-beater, the Roewe Marvel X
Many of the big Chinese automotive brands are now turning their attention towards the rest of the world. Not that long ago, to outsiders China’s car industry was mostly strange-looking mainstream cars … ( read…
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