Central banks in several regions of the World are building up their gold reserves. A large part of these Central Bank purchases of gold bullion are not disclosed. They are undertaken through third par… (…
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China’s economic opening-up to help offset U.S. trade frictions – central bank adviser
But China will forge ahead with its reforms at its own pace, Liu Shijin, an adviser to the People’s Bank of China (PBOC), said at a finance forum in Beijing. An escalating trade war with…
Warburg Pincus plans to raise up to $4 billion for new China fund: sources
The move comes after it invested in Ant Financial’s $14 billion financing round in June. Warburg Pincus’s new China fund will also invest alongside the firm’s latest global PE fund which is set to ……
China stocks fall most in 3 weeks, led by financial, tech shares
SHANGHAI, Nov 20 (Reuters) – China stocks dropped the most in three weeks on Tuesday, led by financial and technology shares, as Asian markets tanked after overnight losses on Wall Street and amid ris… (…
Cryptocurrency Exchange Huobi Creates Communist Party Committee in China
Huobi Group has created a Communist Party committee, making it the first blockchain based company to do so in China, the South China Morning Post reports. The committee was created through a Huobi … (…
China’s JD.com feels pressure as sales of big ticket items slow
Chief financial officer Sidney Huang said the “relatively soft” sales forecast was linked to an ongoing consumption slowdown in China. JD.com’s shares were down more than 5 percent in pre-market trade … ( read original…
Kraft Heinz’s five takeaways on launching a brand in China
China, the country that often comes with its own set of clichés: different, big, unique. However, I feel it is just diverse and the rules are different. Understanding the market’s idiosyncrasies befor… ( read original…
China, the fastest growing region for the outlet mall sector
These do not meet the requirements of luxury brands. China’s outlet supply per capita is one of the lowest globally, there is room to address the growing need of wealthy consumers to shop for similar…
China Is Casting a Shadow Over Hong Kong’s Luxury Watch Retailers
The city counts on visiting shoppers from mainland China to power earnings. A weaker yuan and slowing economic growth are hurting China’s powerful domestic-consumption engine just as exporters feel th… ( read original story …)
China’s Xi visits Philippines as Duterte pressed to take tougher line
A small protest was held outside China’s embassy in Manila on Tuesday … The president is a very cautious diplomat,” Panelo told news channel ANC. “Rather than provoke, he’d rather … ( read original story…
China Unicom reports October subscribers data
China Unicom (NYSE:CHU) reports mobile billing subscribers of 311.5M up from 309.8M in September. Fixed-line broadband subscribers of 80.7M up from 80.3M in September. Fixed-line local access … ( read original story …)
The Finance 202: U.S.-China trade conflict is worsening
Meanwhile, in Beijing the question these days is less how to catch up … and Nissan said it intended to oust Mr. Ghosn from his post after uncovering “significant acts” of financial misconduct. Japan… (…
Trump’s trade hawk prepares to swoop on Beijing
This experience forged his image of Beijing as a ruthless, dangerous economic predator, observers say. “[Mr Lighthizer] conjures up this idea of essential Chinese-ness that is not going to change, eve… ( read original story…
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