Early readings on June have been weaker than expected, with factory activity contracting and growth in the service sector softening, business surveys showed, highlighting the need for more stimulus to … ( read original story…
Monthly Archives For July 2019
China’s Venture Capital Boom Shows Signs of Turning Into a Bust
“China entrepreneurs, more than any on the planet, will do unnatural things to avoid a down round,” Rieschel said. Story continues Meanwhile, venture firms are pivoting to alternative business models, … ( read original story…
Interested In Beijing Beida Jade Bird Universal Sci-Tech Company Limited (HKG:8095)? Here’s How It Performed Recently
Though Beijing Beida Jade Bird Universal Sci … and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. … ( read original story…
China’s June FX reserves rise more than expected amid trade truce
SHANGHAI — China’s foreign exchange reserves rose more than expected in June, as growing hopes for a trade war truce with the United States helped ease downward pressure on the yuan currency. … ( read…
China’s Piraeus power play: In Greece, a port project offers Beijing leverage over Europe
The union members were shouting, “No more workers’ blood!” at a protest at the Port of Piraeus, just outside Athens, on a warm weekday morning in late May. A worker had been killed in a…
US-China trade truce is good for markets, but bad for Canada
There was relief in financial markets when U.S. President Donald Trump recently called a truce in his trade war with China. But the news is cold comfort to anyone who cares about the long-term health…
China & Gulf expansion to boost Trade Bank of Iraq’s revenues: chairman
The bank, owned by the Iraqi government and with assets of around $30 billion, helps fund about 80 percent of the trade finance business in Iraq. “With our expansion, in China, Abu Dhabi and Saudi…
Unnerved by US-China trade war and deterred by property prices at home, Hong Kong investors are turning to Japan for real estate
Local investors join others from China in flocking to Japan to buy property, particularly hotels and private lodgings Tokyo and Osaka are the main markets of choice, with not even a tough law on home…
China & Gulf expansion to boost Trade Bank of Iraq’s revenues, says chairman
State-owned Trade Bank of Iraq (TBI) is expanding into China and the Gulf, seeking to lift its revenues from retail banking and international operations to 30 percent by 2022 from 25 percent now … (…
Chinese property tycoon Wang Zhenhua ‘took children as his playthings’, top legal affairs agency says
China’s top political body responsible for law and order said on Saturday that Wang Zhenhua, the billionaire property tycoon accused of molesting a nine-year-old girl, “took children as his playthings … ( read original story…
Wall Street Banks Are Struggling to Hire Local Talent in China
The talent crunch complicates efforts by overseas banks to take advantage of China’s financial opening, which has continued apace amid the country’s trade war with America. It’s another hurdle for … ( read original story…
Sci-tech innovation board to speed up A-share IPOs: PwC
BEIJING – China is expected to see about 200 initial public offerings (IPOs) in its A-shares market this year, with a large chunk predicted to happen in the new sci-tech innovation board, according to ……
Five retailers/brands that are all about the blockchain right now
Walmart China is tracking food through its supply chain with VeChain’s Thor blockchain. The Walmart China Blockchain Traceability Platform is a joint venture between Walmart China, China Chain … ( read original story …)
