China’s financial system is getting significantly more vulnerable due to high leverage, according to central bank governor Zhou Xiaochuan, who also flagged the need for deeper reforms in the world’s second-biggest economy. Latent risks are…
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China calls for stronger co-op with US in next-generation nuclear technology
China wants joint cooperation with the US in developing next-generation nuclear power technology, Chinese premier Li Keqiang said, ahead of President Donald Trump’s visit to Beijing this week. Trump will be in China from Wednesday…
Beijing’s smog-choked skies to clear just in time for Donald Trump to sweep into town
Smog shrouding Beijing is expected to clear just in time for US President Donald Trump’s first state trip to China this week. The Chinese capital issued an orange pollution alert – the second highest in…
China’s central bank is developing its own digital currency, even as it bans bitcoin and private cryptos
China’s central bank is conducting research to issue the country’s own sovereign digital currency, a move in parallel with similar efforts ongoing in Russia, even as the government has doubled down on banning the use…
Beijing — Not Silicon Valley — Is The World’s Top Tech Hub, Report Says
Beijing has unseated Silicon Valley as the top technology hub in the world — at least according to one report. Expert Market, a business resource company, released its second annual Top Tech Cities in the…
China calls for stronger cooperation with U.S. in next-generation nuclear power technology
Chinese Premier Li Keqiang has called for closer China-U.S. cooperation in developing the next-generation nuclear power technology, as he met with Bill Gates, co-founder of Microsoft and chairman of TerraPower in Beijing on Friday. Speaking…
China’s Zhou Warns on Rising Financial Risk in Blunt Article
China’s financial system is getting significantly more vulnerable due to high leverage, according to central bank governor Zhou Xiaochuan, who also flagged the need for deeper reforms in the world’s second-biggest economy. Latent risks are…
U.S. IPO Week Ahead: China’s #2 Search Engine Leads Busiest Week Of 2017 With 10 IPOs
The 4Q17 powers ahead with 10 IPOs scheduled to raise $2.0 billion in the week ahead. That would make it the IPO market’s busiest week of the year. The activity level is unsurprising given the…
Hong Kong tech IPO bonanza a mixed blessing as Coach, Glencore head for the exit
China Literature listing expected to leave ZhongAn’s IPO in its shadow Its record however was quickly and easily surpassed by China Literature, the mainland’s largest online publishing and e-book site, which has just completed its…
China’s central bank chief lays out plans to avert future financial crisis
China’s central bank chief has set out his strategy to prevent a future financial crisis by calling for broadened equity funding and direct finance to reduce corporate leverage and eliminate “zombie” companies, official media reported…
US IPO Week Ahead: China’s #2 search engine leads busiest week of 2017 with 10 IPOs
REIT focused on US suburban office and flex real estate. Hat-trick from China: Search, loans and education Sogou ( SOGO) is China’s second-largest provider of mobile search, a multi-billion-dollar market. It is also the fastest-growing,…
China approves 5 IPO applications
BEIJING, Nov. 4 (Xinhua) — China’s securities regulator has approved IPO applications from five companies, which will raise up to 5.4 billion yuan (about 814 million U.S. dollars) in the A-share market. Two companies will…
China border traders losing money amid N. Korea sanctions
China continues to be a key source of food and fuel aid to … The sanctions have also blacklisted a number of firms in the extraction and financial industries, imposed travel bans and frozen the…
