China’s legions of regional banks are feeling the strain. The country’s two-year crackdown on risky financing and the trade war with the U.S. have slowed economic growth, triggering debt defaults that … ( read original…
Monthly Archives For August 2019
Yuan Drama Leaves China, U.S. Further Apart Than Ever on Trade
Senior Vice President Steven Ma said the company will mark the upcoming 70th anniversary of the founding of the People’s Republic of China across its other games, and produce movies that “convey the … (…
China issues top warning for strong typhoon nearing coast
BEIJING – China has issued its top warning for coastal areas of Zhejiang province ahead of a strong typhoon. Heavy rain was expected in Zhejiang, Shanghai and nearby provinces on Friday before Typhoon … (…
China blocks movies, stars from Taiwan’s Golden Horse Awards
The China Film News, a magazine published by the China Film Administration, made the announcement on its official WeChat account. “China Film Administration says that it will suspend mainland movies … ( read original story…
Kelly McParland: What’s Xi Jinping to do? China’s troubles are piling up fast
Loans dangled by China have only swollen the debt loads of countries already fighting to make ends meet. Bloomberg News reports that several high-profile projects have been put on hold … ( read original story…
China Rejects One Demand That Could Help Ease Hong Kong Protests
On Wednesday, the head of China’s top agency overseeing the city ruled out an … factor involved and come up with the response that we have made,” Lam told a news briefing Monday. The police…
China denounces Australian lawmaker’s WW2 Germany remark
SYDNEY — China said on Thursday it “strongly deplores” comments by the head of Australia’s parliamentary intelligence committee, who likened the West’s attitude to China to the … ( read original story …)
As U.S. and China lock horns in worsening trade battle, Canadian business investment feels the fallout
The People’s Bank of China has since warned that labelling the … between the world two biggest superpowers is far from good news for Canada. “Canada is a trading nation and the rules of ……
Chinese lending marketplace 9F sets terms for $76 million US IPO
9F, an online consumer lending platform in China, announced terms for its IPO on Thursday. In its latest filing, the company also added CLSA and China Investment Securities International as joint … ( read original…
China fixes its yuan midpoint at 7.0136 per dollar, setting it weaker than 7 for the second time this week
China’s central bank on Friday set the official midpoint reference for the yuan at 7.0136 per dollar. The People’s Bank of China allows the local currency to fluctuate against the greenback within a … (…
Should You Be Tempted To Sell China Financial Services Holdings Limited (HKG:605) Because Of Its P/E Ratio?
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We’ll show how you can use China Financial Services Holdings Limited’s (HKG:605) P/E ratio … (…
Mobile giant hit by cost and market pressures
Stella Zhai Net profit at China Mobile (0941) for the six months ended June dropped by 14.59 percent from a year ago to 56.06 billion yuan (HK$62.4 billion). The biggest mobile operator in the ……
Smart home tech makes inroads into China’s emerging elderly care market
WEIFANG, China (Reuters) – Charging elderly clients just 1 yuan or about 15 cents a day, little-known Lanchuang Network Technology Corp has embarked on one of the most ambitious undertakings in aged … ( read…