The rules contain specific items designed to standardize the sector, including strengthened supervision, prevention of shadow-banking risks, better leverage control and protection of investor interest… ( read original story …)
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China’s Yuan Extends Loss as PBOC Weakens Fix, Easing Bets Mount
(Bloomberg) — China’s yuan fell to a one-year low, as the central bank showed little sign of intervening to slow the currency’s descent and bets for monetary policy easing mounted. The yuan dropped 0 ……
China-UAE Conference on Islamic Banking to launch in November
DUBAI, 21st July, 2018 (WAM) — In line with the nationwide celebrations of ‘UAE-China Week’, Hamdan bin Mohammed Smart University, HBMSU, has reaffirmed its commitment to building bridges of knowledg… ( read original story …)
China President Xi welcomed in Senegal at start of Africa trip
DAKAR (Reuters) – China’s President Xi Jinping arrived in Senegal on Saturday for a two-day visit to sign bilateral deals, the first leg of an Africa tour at time when the continent is awash with…
Alibaba, Tencent in talks over stake in WPP’s Chinese unit: Sky News
Sky News said the firms, along with China Media Capital Holdings (CMC), were in early-stage discussions about buying roughly 20 percent of WPP China in a deal that would value the business between $2 ……
Trump’s raise-the-stakes strategy raises anxiety of an open-ended trade war with China
… that China plays unfair and that unilateral measures are likely needed to get China to play fairer,” said Scott Kennedy, director of the project on Chinese business and economy at the Center for S……
In China, yellow robots deliver snacks to your home
Equipped with a GPS system, cameras and radar, the robots are seen by their creator as the future of logistics in China, whe re he says one billion packages will eventually be delivered every day.…
China’s property loans to individuals see slower growth
A saleswoman (center) talks with customers at a real estate sales office in Huai’an, Jiangsu province. [Photo / China News Service] BEIJING – China’s property loans to individual purchasers grew at a … ( read…
Beijing Boom: Why Chinese tourists are visiting Montreal in record numbers
Montreal is increasingly becoming a draw for visitors from China, with the country now accounting for the second-most visitors to the city after France. The city forecasts 142,000 Chinese tourists wil… ( read original story…
CIA: China is waging a ‘quiet kind of cold war’ against US
ASPEN, Colo. – China is waging a “quiet kind of cold war” against the United States, using all its resources to try to replace America as the leading power in the world, a top CIA…
China Mobile may well have paid the price of the trade war
The timing could not have been worse. After seven years, the United States government has decided to deny China Mobile’s application to build its own telecommunications network in America. China’s lar… ( read original story…
Vodafone, China Mobile Join Forces to Resell IoT Services
Two of the biggest global players in the Internet of Things (IoT) Vodafone and China Mobile have joined forces to resell each other’s services for the first time. Under a new agreement each company wi……
The battle for China’s three major communications carriers and operator networks “China Mobile, China Unicom and China Telecom” to 5G
In China, the “Three major operators” of telecommunication comprise China Mobile, China Unicom and China Telecom. They are like NTT (Docomo), au (KDDI) and Softbank in Japan. Economy website “Askci” r… ( read original story…