BEIJING (Reuters) – China’s economic growth slowed slightly as expected in the third quarter as the government’s efforts to rein in the property market and debt risks tempered activity in the world’s second-largest economy. The…
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A paean for property speculators and why the market needs them to function properly
Take a look at the chart, Mr President. It represents your administration’s thinking on interest rates and it tells you why you have speculators. Now look in the mirror and it will tell you who…
Liberals table budget bill to join China’s Asian Infrastructure Investment Bank
The Liberal government has introduced a second large budget bill that includes a new law establishing Canada’s participation in the Beijing-based Asian Infrastructure Investment Bank. Bill C-63, Finance Minister Bill Morneau’s second budget bill of…
China approves IPO applications from 9 companies
BEIJING, Oct. 28 (Xinhua) — China’s securities regulator has approved IPO applications from nine companies, which will raise no more than 9.5 billion yuan (around 1.43 billion U.S. dollars) in the A-share market. Five companies…
Crisis or Stagnation: Why China Cannot Deleverage
“China requires 6.5 units of capital to create one unit of gross domestic product growth, double the ratio of a decade ago”, according to UBS and the Financial Times. The situation worsens with households. Household…
Chinese search engine Sogou sets terms for $540 million IPO
Sogou, China’s second largest mobile search engine spun-out from Sohu.com, announced terms for its IPO on Friday. The Beijing, China-based company plans to raise $540 million by offering 45 million shares at a price range…
Trudeau dismisses concerns free trade with China will hurt Canada-U.S. relationship
Katie Simpson is a senior reporter in the Parliamentary Bureau of CBC News. Prior to joining the CBC, she spent nearly a decade in Toronto covering local and provincial issues. Prime Minister Justin Trudeau said…
China’s AI Awakening: Computer Vision Startup Yi+’s New Frontiers in Tech
BEIJING, Oct. 27, 2017 /PRNewswire/ As noted in MIT Technology Review on “China’s AI Awakening”, China’s push in AI has created a strong momentum for Chinese startups to take advantage of this technological revolution. Now…
Beijing urges US not to let Taiwanese president transit ahead of Trump’s China visit
Beijing on Friday urged the United States not to allow Taiwan’s president to travel through US territory en route to the island’s diplomatic allies in the Pacific, a sensitive visit ahead of US President Donald…
In China, mobile payments are creating a thriving industry of micro services
China may be known as the copycat nation, but the country is a genius at creating new business models, from bike sharing to miniature karaoke booths. In fintech especially, Chinese entrepreneurs are showing the rest…
Ahead of Trump trip, China urges U.S. not to allow Taiwan president in
BEIJING/TAIPEI (Reuters) – China urged the United States on Friday not to permit Taiwan’s president to travel through U.S. territory en route to the island’s diplomatic allies in the Pacific, a sensitive visit shortly ahead…
Exclusive: Energy, not tech or finance, in CEO line-up for Trump’s China visit
BEIJING (Reuters) – U.S. energy and commodities firms will make up a major part of a business delegation visiting Beijing at the same time as U.S. President Donald Trump goes to China in November, according…
Beijing urges US not to allow Taiwanese president through ahead of Trump’s China visit
Beijing on Friday urged the United States not to allow Taiwan’s president to travel through US territory en route to the island’s diplomatic allies in the Pacific, a sensitive visit ahead of US President Donald…
