For promoting high-efficiency LED lighting products, National Development and Reform Commission (NDRC) and China’s Ministry of Finance (MOF) had collaborated to look after interim measures on administration of financial subsidies. The actions like … (…
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China: Kindergarten abuse provokes widespread distrust
According to its own website, the company runs more than 1,000 facilities across China. It said it “deeply apologises” for a matter it said had caused “severe disquiet”. RYB is listed on the New York…
China’s RETO Eco-Solutions prices $14 million US IPO at $5 midpoint; pops 111% on Wednesday
RETO Eco-Solutions, a Chinese supplier of eco-friendly construction materials, raised $14 million by offering 2.8 million shares at $5, within the range of $4.50 to $5.50. At IPO, the company commands a market value of…
Kindergarten scandal raises ethics questions over China’s IPO rush
TAIPEI A child-abuse scandal involving a prominent Beijing kindergarten is raising questions about whether China’s initial public offering rush has become too heated to allow sufficient screening of candidate companies. Parents last week alleged that…
China’s HNA considers IPO for its Swiss airline catering subsidiary Gategroup
Chinese conglomerate HNA Group is considering an initial public share offering for Gategroup Holding, the airline caterer it bought for US$1.5 billion in cash last year in a deal that is facing regulatory scrutiny from…
U.S., China hold low-key military talks amid North Korea tensions
As President Donald Trump greeted the North’s launching of another intercontinental ballistic missile with familiar demands for China to get tougher with its ally, the low-profile and unpublicized meeting at the National Defence University in…
US, China hold low-key military talks amid NKorea tensions
They’re especially noteworthy given the deep strategic mistrust between the U.S. and China, and Beijing’s increasing challenge to America’s post-World War II dominance in the Asia-Pacific. This image made from video of a news bulletin…
China Mobile, Chinese bank circle Brazil’s Oi
Talk of Chinese interest in Brazil’s Oi resurfaced this week, with regulator Anatel naming China Mobile and the China Development Bank as possible investors in the beleaguered telco. Anatel president Juarez Quadros told journalists that…
China Mobile eyes investment in Brazilian carrier Oi -regulator
BRASILIA, Nov 29 (Reuters) – China Mobile Ltd has expressed interest in investing in Brazilian phone operator Oi SA, the head of the country’s telecommunications regulator Anatel told journalists at an event on Wednesday. China…
Beijing Backs the EV Tortoise
Geely hasn’t marked an operating margin below 8 percent since the 2008 financial crisis, and has averaged 8.2 percent … The problem is that Beijing’s ability to put its thumb on the scales in favor…
China stocks fall, developers and financial firms weigh
SHANGHAI, Nov 30 (Reuters) – China stocks fell on Thursday, pressured by selling of real estate and financial shares, as investors booked profits in sector leaders that had stellar gains this year. ** At the…
China’s Lending Crackdown Is Notable for Three Reasons
Policy makers from the People’s Bank of China and the China Banking Regulatory Commission convened in Beijing on Nov. 23 to discuss new measures to crackdown on online consumer loan platforms, including those for payday…
China’s Bad Banks Get Worse
Link shopping mall deal $2.9 billion Great Wall Asset was established in 1999 to take soured debt off the books of lenders including Agricultural Bank of China Ltd., so what’s it doing buying real estate…
