China’s banking regulator has asked the country’s lenders to make preparations for a “big rise” in non-performing loans as part of Beijing’s efforts to brace its financial system for shocks from the … ( read…
Monthly Archives For July 2020
China Finance Online Reports 2020 First Quarter Unaudited Financial Results
China Finance Online Co. Limited (“China Finance Online”, or the “Company”, “we”, “us” or “our”) (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese retail investor … ( read original story …)
China Finance Online: 1Q Earnings Snapshot
BEIJING (AP) — China Finance Online Co. (JRJC) on Friday reported a loss of $1.9 million in its first quarter. On a per-share basis, the Beijing-based company said it had a loss of 83 cents.…
Beijing partly reopens movie theaters as virus declines
Beijing has partially reopened movie theaters as the threat from the coronavirus continues to recede in China’s capital … ( read original story …)
Ahead of U.S. election, China braces for rocky ride, potential change
With bilateral relations in free-fall, Beijing is bracing for more turbulence in the run-up to the U.S. election in November, and the possibility that a Joe Biden presidency presents an opportunity to … ( read…
East China Sea Tensions: Japan Plans New Electronic Warfare Unit To Monitor China
A new electronic warfare unit in southern Japan will coordinate with an older system to the north to increase Japan’s defensive capabilities in the event of an invasion on the Senkaku Islands. ( read original…
China orders U.S. to shut Chengdu consulate
Posted . China ordered the United States to close its consulate in the city of Chengdu on Friday, responding to a U.S. dem … ( read original story …)
Real Estate Billionaire Hui Ka Yan Repeats Atop New Forbes China Philanthropy List
Real estate billionaire Hui Ka Yan has topped the 2020 Forbes China Philanthropy List with cash giving equal to nearly $430 million, according to an annual tally published by Forbes China on Thursday. ( read…
Many in Beijing still hopeful U.S.-China relations can improve, see current tensions as ‘temporary’
Scholars from the government-backed think tank China Institute of International Studies said Friday that they see tensions between the U.S. and China as temporary and largely tied to the current … ( read original story…
AIIB makes first loan to Vietnam bank amid South China Sea tensions
HANOI — Beijing-led Asian Infrastructure Investment Bank has approved a loan of $100 million to a Hanoi-based commercial bank, its first commitment to a Vietnamese bank as bilateral tensions grow … ( read original story…
China’s EV Startups View IPOs as Way to Stave Off Extinction
Electric-car makers in the cutthroat Chinese market face a potentially lethal mix of plummeting demand and a Tesla Inc. offensive, prompting more startups to see initial public offerings as a way to … ( read…
Chinese stocks plunge and lead global markets lower as investors weigh escalating US-China tensions running beyond ‘mere tariffs’
Global stocks tanked on Friday as investors weighed tensions between the US and China worsening at an exponential pace. On Friday, China … ( read original story …)
China markets extend losses, Shenzhen stocks dive beyond 5% as U.S.-China tensions flare
Asia Pacific markets fell on Friday, led by Chinese stocks, as investor sentiment took a hit over worsening U.S.-China relations and a sell-off in U.S. markets overnight. ( read original story …)
