Bombardier Inc. has held talks with Chinese state-owned aerospace manufacturer Comac about a deal that could inject new life into its passenger jet business, according to … by Boeing Co. In a bid to cut…
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China's banking regulator to step up protection after cyber attack
BEIJING China’s banking regulator said on Wednesday it will strengthen cyber security protection at banks to prevent “disruptive systemic risk events” after the global WannaCry “ransomware” attack infected more than 300,000 computers in 150 countries.…
BRIEF-China Financial Services updates on entering subscription agreement
May 17 China Financial Services Holdings Ltd : * Company and China United SME Guarantee Corporation entered into subscription agreement * Net proceeds of subscription, after deduction of related expenses, will be approximately HK$165.0 million…
Smaller Cities Keep China Property Market Hot in April
BEIJING — Home prices in China’s biggest cities softened in April as administrative curbs to dampen a red hot property market took effect, but robust demand in smaller cities resulted prices nationwide rising by their…
China home prices pick up pace in April despite curbs
Analysts say accelerated prices gains were likely supported by increased demand in smaller cities where property market curbs are less stiff. Prices in China’s smaller cities, or known as tier-3 cities, grew 0.9 percent in…
China developers' offshore dollar bond sales dry up as issuance curbs bite
as Beijing’s bid to cool the property sector closes corporates’ access to the global debt market. Bankers and developers who spoke to Reuters say China’s National Development and Reform Commission (NDRC), which approves corporate debt…
Chinese buying up property
prefer property in Thailand over China, as prices are lower. Sales-purchase conditions in Thailand are also less complicated, with lower down payment rates and property transfer fees. According to Mr Wason, investors who purchase rental…
China’s Housing Market Springs a Leak
In southern China, it’s the season of “plum rains”, when wet weather helps the fruit ripen—but also causes severe flooding. This spring, China’s all-important housing market, which supports around a quarter of the economy and…
China's economy loses momentum as policymakers clamp down on debt risks
China’s central bank has been guiding short-term interest rates higher to help contain debt perils, though it is treading cautiously to avoid hurting economic growth. A red-hot property market, fueled by speculative investments, has been…
China property price growth slows in top cities
Growth in China’s new home prices slowed further in April when compared to a year prior, particularly among top-tier cities, but new official data also show price rises ramped up in month-on-month terms to the…
No sign of easing in capital controls even as China’s overseas shopping spree continues, experts say
The firm recently represented China Minsheng Investment Group’s property arm SRE Group, a Shanghai-based developer listed in Hong Kong, in its US$88 million acquisition of 75 Howard, a harbourfront condominium development in downtown San Francisco.…
China Unicom Units Inflated Sales for Years, Document Shows
China United Network Communications Group Co., the state-run phone giant known as Unicom Group, found what it described as an unprecedented degree of falsified revenue, profit and asset figures at units in the northwestern province…
China Unicom to reduce roaming fees in B&R regions
Company logos of China Unicom are displayed at a news conference during the company’s announcement of its annual results in Hong Kong, China, March 16, 2016.[Photo/Agencies] BEIJING – Beijing Unicom, a branch of mobile network…
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