China’s top regulators are signaling that they’re not about to go soft on overseeing the nation’s $40 trillion financial industry, even as an economic slowdown gives them reason to relax their campaig… ( read original…
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Beijing is more worried about domestic issues than its trade war with Washington, research firm says
The elevation in trade tensions between the U.S. and China may have dominated headlines in recent months, but a tariff war is not the most pressing concern for Beijing, according to one research firm. ……
China’s Didi to invest $1 billion in its auto services platform
China’s largest ride-hailing service, said on Monday it will invest $1 billion in its auto services business, part of a larger unit rebranding as the company ramps up to a widely anticipated initial p… (…
China’s monetary policy is complex and shifting. Here’s what you need to know
China’s central bank, the People’s Bank of China, doesn’t have a single primary monetary policy tool like the U.S. Federal Reserve. The PBOC instead uses multiple methods to control money supply and i… ( read…
China should not reopen the spigot of easy money
In 2009 China launched probably the biggest ever peacetime stimulus, issuing debt to fund an investment programme amounting to 12.5 per cent of gross domestic product. It aimed to offset the impact of … (…
Is China’s Xi Jinping’s authority over his country diminishing?
As trade negotiations falter and China faces questions after the disappearance of a professor … Christopher Carbone is a reporter and news editor covering science and technology for FoxNews.com. He … ( read original story…
China Tower raises most in an IPO globally since 2016
China Tower Corporation, the world’s largest telecommunications tower group by revenue, has raised $6.9bn its initial public offering, the biggest amount garnered globally in a market debut since 2016 … ( read original story …)
Ai Wei Wei’s Beijing Studio Destroyed By Chinese Authorities
Chinese authorities are razing the Beijing studio of dissident artist Ai Wei Wei. He said that demolition crews showed up without advance warning, and have begun the process of tearing down the studio … (…
Why American credit card companies can’t break into China
Meanwhile, state-controlled China UnionPay has solidified its hold on the bank card industry. And mobile payments have skyrocketed, dominated by services from rival powerhouses Tencent and Alibaba. “V… ( read original story …)
Google, Seeking a Return to China, Is Said to Be Building a Censored Search Engine
“We provide a number of mobile apps in China, such as Google Translate and Files Go, help Chinese developers, and have made significant investments in Chinese companies like JD.com,” said Taj Meadows, … ( read…
China accuses U.S. of trade ‘blackmail’ after imposing $60B in tariffs on American goods
… its own bargaining power and underestimating China’s determination and ability to defend its national dignity and the interests of its people,” said a commentary in the official Xinhua news agency … ( read original…
China restrained in trade tariffs and won’t accept U.S. ‘blackmail’: state media
BEIJING/SINGAPORE (Reuters) – China’s state media said on Saturday the government’s retaliatory tariffs on $60 billion of U.S. goods showed rational restraint and accused the United States of blackmai… ( read original story …)
China Tower prices IPO at bottom of price range after weak retail interest, raising US$6.9 billion
China Tower has priced its initial public offering at the bottom of the indicative price range, raising HK$54.3 billion (US$6.9 billion) amid lukewarm retail investor interests, according to several p… ( read original story …)
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