China new energy automotive sales saw a 53.3% growth in 2017 on a year-on-year basis; the market share of own brand passenger car increased by 0.7%. China’s used car market is expected to keep strong…
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Xiaomi could become the second largest Chinese smartphone brand by Q2 2018
The company will see even more growth, according to analytics firm Digitimes, with a report projecting the company to become the second largest smartphone brand in China, ahead of traditionally second-placed OPPO. According to the…
Volkswagen has record January on strong China sales
Sales in China, the company’s single biggest market … move past its 2015 scandal over diesels rigged to cheat on emissions tests. The core Volkswagen brand saw a 7 per cent global increase, while luxury…
need2know: Great Indian bank fraud and other macro cues for your day on D-Street
In January, Beijing outlined its ambitions to extend the initiative … banks could take a hit of more than $3 billion pertaining to $1.8 billion Punjab National Bank fraud, is false. “News appearing in certain…
Dissecting China’s Banking Sector
Deutsche Bank (DB) recently hosted its Access China 2018 conference which the management of the top five banks in China attended. The management of each bank shared the outlook of the bank on key metrics…
China calls for retribution as man accused of stealing thumb from terracotta army statue
China’s Xinhua news agency, citing the FBI, said Rohana “used a cellular telephone as a flashlight, looked at various exhibits displayed in the then-closed showroom, stepped up on to a platform supporting one of the…
China’s got a trade problem that can’t be solved by Belt and Road
a reactive measure started only because the national authorities were annoyed that a multinational trade pact proposed by the United States would exclude China. Well, if you exclude us, we’ll exclude you, they said. We’ll…
CHINA MINSHENG BANKING (600016)
China Minsheng Banking Corp., Ltd. engages in the provision of corporate and personal banking, treasury business, finance leasing, assets management, and other financial services.It operates its business through the following segments: Corporate Banking … (…
“Aggressive” hiring in Singapore as demand spikes for China-coverage bankers
The boom in demand for China coverage bankers is spreading from Hong Kong to Singapore. https://news.efinancialcareers.com/sg-en/239783/chinese-private-banking-clients/ The boom in demand for China coverage bankers is spreading from Hong Kong to Singapore. ( read original story…
Philippines’ Duterte plays down China military facilities in disputed sea
MANILA (Reuters) – Philippine President Rodrigo Duterte sought on Monday to allay fears about China’s construction of military bases on manmade islands in the South China Sea, saying these were built to defend against America…
Why China’s takeover of the Chicago Stock Exchange would have been a very bad thing
Michael Wessel, a long-time commissioner of the U.S.-China Economic and Security Review Commission, tells Fox News that running an American exchange would give China inside information on its markets. There are three principal dangers that…
Central bank to rein in risky State businesses
China’s monetary authority set up its multitasking goals this year to better balance economic growth, financial deleveraging and risk prevention while maintaining a tough regulatory stance. People’s Bank of China, the central bank, kept the…
HSBC becomes first international bank allowed to remit yuan to China
HSBC said on Wednesday that it had helped a Chinese national remit yuan from Australia back to mainland China, the first international bank to do so since a rule change in January. The transaction is…
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