An index tracking Chinese banks fell 2.81%. China’s central bank said on Monday that more loans had been extended to small firms in the first five months of 2019. ** Banks also came under ……
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China to issue first offshore government bond in Macau
China’s Ministry of Finance and Macau’s government said in a joint statement on Tuesday that the issuance “supports Macau’s particular financial development, is a key measure to push forward the … ( read original story…
US risks handing Africa’s e-commerce sector to China
All views expressed are those of the author(s) and should not be taken as reflecting the views of the Financial Times. The much-trumpeted Belt and Road Initiative (BRI) is also a digital play by China…
A Dark Alley in China’s Credit Market Suddenly Getting Rough
CHINA DEFAULT WATCH: Three More Companies Missed Payments While … raising strategy may be numbered if the securities are no longer accepted as collateral for financial transactions. “In the short … ( read original story…
Why China fell out of love with New York property
Wu Xiaohui was shopping in New York. For buildings. “He didn’t really care — he’d point out the window and say: that one!” recalls a real estate executive who met Mr Wu, then chairman of…
Telecom firms step up 5G efforts
A day after China Unicom won its 5G license for commercial use, the telecom operator announced that it had opened experience stores across 40 cities to encourage consumers to try applications powered … ( read…
China Mobile Selects Viavi’s 5G Wireless and Optical Test Solutions
Viavi Solutions announced that the company has provided its 5G wireless and optical test solutions to China Mobile, the world’s largest mobile operator. As a preferred vendor, VIAVI has worked closely … ( read original…
China releases white paper on financial services for small businesses
China on Monday issued a white paper on financial services provided for small and medium-sized enterprises (SMEs). As a major source of new growth drivers, SMEs have played an important role in … ( read…
Facebook’s Libra global cryptocurrency – how will China react?
China’s central bank did not respond publicly to Facebook … industry news website CoinDesk said that 14 banks had funded the development of stablecoins to ease financial transactions in five fiat … ( read original…
China Is Going Bananas for Bananas
China overtook Japan as the biggest foreign market for bananas from the Philippines last year, according to Xinhua News Agency. The country procured more than two-thirds of exports from the Southeast … ( read original…
China’s Biggest Startups Ditch Oracle and IBM for Home-Made Tech
(Bloomberg) — Sign up for Next China, a weekly email on where the nation stands now and where it’s going next. For years, companies like Oracle and International Business Machines invested heavily to … (…
Huawei-U.S. Clash Mars China’s Biggest Mobile Forum
Sign up for Next China, a weekly email on where the nation stands now and where it’s going next. The U.S. blacklisting of Huawei Technologies Co. and other top Chinese tech companies is making it…
Tech executives argue U.S. tariffs on China-made products will hurt sales
The two countries have been at odds since July 2018 over a host of U.S. demands that Beijing adopt policy changes that would better protect American intellectual property and make China’s market more … (…
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