Perversely, such an outcome would be a good sign for its financial system. Over the weekend, the People’s Bank of China made the loan prime rate, which banks offer to their best clients … (…
Monthly Archives For August 2019
Hong Kong, China investors hold fire over Vancouver commercial property, but prices unlikely to crash, analysts say
Foreign investors, including those from Hong Kong and mainland Chinese, largely stayed out of commercial real estate in Vancouver, Canada’s second-largest investment market, in the first half of 2019 … ( read original story …)
Beijing’s Belt and Road plans could boost the Islamic banking sector
Beijing may be keen to get in on the action where the Belt and Road is concerned: State-owned news outlet CGTN published a May opinion piece cheering the possibility of Islamic financial vehicles … (…
China Just Made Borrowing Costs a Tiny Bit Cheaper for Companies
China will set the LPR on the 20th day of every month. The change is part of China’s push to connect its interest-rates system to conditions in financial markets. The aim is to help lower…
China plans to make Shenzhen a ‘better place’ than Hong Kong
Across the border, Shenzhen sits behind the country’s “Great Firewall”, which restricts access to news and information, but has risen to become a symbol of the transformative reforms China launched 40 … ( read original…
Why Beijing is seeing Hong Kong through 1989-coloured glasses
In the fall of 1956, a popular uprising in Hungary overthrew the Communist regime and the country began moving toward democracy and away from the Warsaw Pact. Then, the Soviet Union sent in the tanks.…
Technology companies drive a broad rally on Wall Street
The decision to give Huawei more time to buy goods from U.S. companies appeared to put investors eager for any signs of progress in the trade war between the U.S. and China in a buying…
China Mobile: The Tech Within
China Mobile (NYSE:CHL … DICT (Data, Information and Communications Technology), providing cloud computing, big data, and other technology services. IoT (internet of Things), providing IoT … ( read original story …)
US extends limited reprieve on tech sales to China’s Huawei
The U.S. government blacklisted the Chinese technology giant in May … “won’t have a substantial impact on Huawei’s business either way.” Huawei is China’s biggest phone maker, and sales to the … ( read original…
Hi-tech investments lead China’s M&A deals: PwC
BEIJING, Aug. 19 (Xinhua) — Deal volumes of China’s mergers and acquisitions (M&A) increased in most sectors, with high technology investments remaining in the number one position in volume terms, … ( read original story…
Hong Kong pro-democracy leaders meet with U.S. financial firms “to tell the truth” amid prolonged protests
Hong Kong is an international financial center that a lot of countries have a stake … but businesses have increasingly grown concerned that that special status may be stripped if Beijing moves to … (…
The real reason fashion brands are apologizing to China
When I was 15, I went on a family trip to Rome. I took a picture in front of the Colosseum, ate gelato on the Spanish Steps, stuck my hand in the mouth of truth…
Will the Trade War Offer a Turning Point for Chinese Luxury Brands?
One indicator of China’s future relationship with the luxury goods market is how some of its domestic brands are protecting themselves in terms of intellectual property and anti-counterfeiting … ( read original story …)
