BEIJING, July 27 (Xinhua) — Loans to China’s real estate sector grew at a slower pace in the first half of this year as government purchase restrictions remain in place in major cities, data from…
Monthly Archives For July 2019
Hong Kong protest anger targets symbols of Beijing’s rule
Seething unrest in Hong Kong is taking on a more stridently anti-Chinese tone, with the target of public anger shifting from the city’s leaders to direct symbols of Beijing’s rule and the huge influx ……
China gives big distressed debt managers nod to make M&A plans for troubled smaller banks – sources
SHANGHAI/BEIJING — China’s banking and insurance regulator has told the country’s biggest distressed debt managers to prepare contingency plans to take over or invest in high-risk small and … ( read original story …)
Aung San Suu Kyi’s Myanmar dam dilemma with China
China is now lobbying hard for the work to resume, but as BBC News Burmese’s Soe Soe Htoon found, local people are still not convinced they will ever see its benefits. “I always cry every…
China makes first successful private orbital rocket launch
China’s space program has developed rapidly. When it conducted its first crewed mission in 2003, it became the third country — behind just Russia and the U.S. — to put humans into space using its…
Huawei CEO believes China can beat Libra to launch native crypto
Huawei CEO and founder Ren Zhengfei has responded to Facebook’s planned launch of Libra by stating: “China can issue its own Libra”. According to Sina, who recorded quotes from a recent press … ( read…
China gives big distressed debt managers nod to make M&A plans for troubled smaller banks
China’s banking and insurance regulator has told the country’s biggest distressed debt managers to prepare contingency plans to take over or invest in high-risk small and medium-sized Chinese banks, … ( read original story …)
Bitcoin Is Property, Chinese Court Rules — No Crypto Ban Contradiction
Meanwhile, there have been reports from China suggesting that the 2017 ban could be extended to other crypto-related spheres — namely, mining and marketing. Thus, earlier this year, news … ( read original story …)
Oversold Conditions For China Unicom (CHU)
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is…
Press Release: Valour Consultancy sees ATG driving IFC adoption in China
… likely that airlines in Mainland China will be presented with an alternative to satellite-based IFC in the form of China Mobile’s proposed 5G Air-To-Ground network. China is one of a few countries … (…
Huawei CEO Calls on China to Create a Rival to Facebook’s Libra Crypto
Telecommunications giant Huawei’s chief executive has said that the time is ripe for China’s government to preempt Facebook’s Libra. Speaking in an interview with Italian media outlet L … ( read original story …)
China’s Still Taking Iran Oil Weeks After U.S. Toughens Sanction
(Bloomberg) — China’s still importing oil from Iran weeks after the U.S. imposed sanctions aimed at halting sales of crude from the Persian Gulf nation. Official customs data on Friday showed China … ( read…
Another Month, Another Chinese Bank Bailout
Beijing dislikes bailing out state companies—particularly banks—but can’t seem to kick the habit. The latest example is Bank of Jinzhou. On Thursday, this small Northern lender said it was in talks … ( read original…
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