“China’s banking landscape is increasingly tilted — the strong … “Investors will remain lukewarm to the shares and upcoming IPOs of small lenders,” said Liao. “We haven’t seen any light at the end of the…
Posts By admin
China relieved, U.S. business ambivalent over easing of trade tensions
BEIJING (Reuters) – China’s government on Monday praised a significant cooling of trade tensions with the United States, saying agreement was in both nations’ interests while state media trumpeted what it saw as Beijing’s refusal…
FTSE 100 at record high after trade war truce, but pound hits 2018 low – business live
China hasn’t said how much it’s willing to reduce the … US investors welcomed news that General Electric planned to merge its transportation business with rail equipment maker Wabtec. Financial shares gained ground after Fifth…
China says it can’t guarantee no more trade tension with U.S.
“We believe this result will be welcomed by the peoples and business communities in the two countries, and the international community.” “Big risk factors” include whether China will take action fast enough on its trade…
China property tax push could spark sell-off
Two decades after the privatization of China’s housing market, the government is moving cautiously toward imposing a property tax to instill order and combat a potentially destabilizing increase in debt. Beijing’s squeamishness is understandable; over…
China-style state-led growth won’t work in Africa, former Nigeria finance minister warns
China has funneled billions of dollars into aid, loans and business deals on the African continent in recent years. But as ties continue to strengthen, a former Nigerian finance minister has warned that Beijing-style economic…
Beijing sees April pollution levels rise as industry curbs end
BEIJING (Reuters) – Pollution levels in China’s capital Beijing rose by 20.8 percent year-on-year in April as industries, including steel, ramped up output following the lifting of winter curbs, according to official data released on…
‘A Lot of Noise’ in U.S.-China Trade News, Says T. Rowe Price
May.21 — Sebastien Page, head of global multi-asset at T. Rowe Price Associates, and Bloomberg’s Michael McKee discuss the easing of U.S.-China tensions and what it means for trade. They speak on “Bloomberg Daybreak: Americas.”…
BRIEF-China Unicom Hong Kong Posts April Aggregate Number Of Mobile Billing Subscribers Of 297.0 Mln
May 21 (Reuters) – China Unicom Hong Kong Ltd: * APRIL AGGREGATE NUMBER OF MOBILE BILLING SUBSCRIBERS 297.016 MILLION * APRIL NET ADDITION OF MOBILE BILLING SUBSCRIBERS FOR MONTH 3.071 MILLION * APRIL AGGREGATE NUMBER…
China Unicom 4G subscriber base grows to 198.26 mn
China Unicom announced its mobile subscribers reached 297.016 million in April 2018 adding 3.071 million. The number of 4G subscribers of China Unicom reached 198.264 million with the addition of 4.062 million. Fixed-line broadband subscribers…
China praises positive steps in U.S. trade spat, says didn’t give in
“The ballast stone of Sino-U.S. ties are an equal and mutually beneficial trade and business relationship. Its essence is win-win cooperation,” it said. But China was not being forced to increase imports as a way…
China Mobile 4G subscriber base drops to 669.318 million
China Mobile today reported its 4G subscriber base dropped to 669.318 million in April 2018 from 671.745 million in March 2018, the first decline in the last several months. China Mobile’s 4G subscriber-base was 661.829…
US, China putting trade war on hold after progress in talks
These include outright cybertheft of U.S. companies’ trade secrets and China’s demands that American corporations hand over technology in exchange for access to the Chinese markets. Last month, the administration proposed tariffs on $50 billion…