China stocks rose after a private survey showed more signs of economic stability on Thursday, with sentiment also spurred by the upcoming Shenzhen-Hong Kong Stock Connect scheme. Continue Reading Below The blue-chip CSI300 index rose…
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French water group Suez restructures China business to boost growth prospects -CEO
PARIS, Nov 2 French waste and water group Suez is restructuring its businesses in China to put it in a better position to win market share, its chief executive said. Suez said on Wednesday it…
China Unicom, Baidu Agree to Collaborate Amid Ownership Reform
China United Network Communications and Baidu Inc. agreed to collaborate on areas ranging from mobile internet to artificial intelligence amid government plans for ownership reform of state-owned enterprises. China United Network, the state-owned parent of…
China's Central Bank Has New Tools to Cool Frothy Money Markets
While you wait for the next interest-rate increase in the world’s largest economy, policy has quietly tightened in the second-biggest: China. The People’s Bank of China has allowed a steady increase in money market rates…
China gives first glimpse of its J-20 stealth fighter jet, but how does it compare?
Two minutes later one blasted vertically into the sky and the jets were gone. Developing the sophistication of its aviation technology is a crucial part of China’s push to become a leading military power but…
China Construction Bank gets Malaysian banking licence
PETALING JAYA: China Construction Bank Corp (CCB), ranked as the world’s second-largest bank, has been granted a Malaysian commercial bank licence by the Minister of Finance. Bank Negara said the banking giant’s unit, China Construction…
China's Geely, Volvo beef up strategy with new brand
It’s part of Volvo Cars’ efforts to step up competition with other luxury car brands both globally and within China, the world’s No. 1 auto market, after it was bought by Zhejiang Geely Holdings in…
Why China's Latest 'Financial Innovation' Might Not Work
Behold, the latest in Chinese financial innovation. That’s a statement published this week by the National Association of Financial Market Institutional Investors. It heralds the start of trading, in China, of credit-default swaps (CDS), or…
Alibaba's Ant Financial Taps SE Asia's Multibillion-Dollar Mobile Payments Market
It said it would help Ascend grow online and offline payments and financial services business. However, a statement posted in June by China’s Ministry of Commerce said Ant Financial intended to buy a 20% stake…
China debt risks stoke internal debate over lowering 2017 growth goal
even as it has stepped carefully to avoid repeating the huge stimulus package implemented in the global financial crisis, which saddled the economy with a pile of debt. China’s debt has soared to 250 percent…
China hopes Germany's probes into Chinese acquisitions 'an exception'
BEIJING (Reuters) – China hopes Germany’s recent security investigations into proposed acquisitions by Chinese companies are “an exception”, a spokesman for the Ministry of Commerce said on Wednesday. Shen Danyang also said China hopes Germany…
China's non-financial debt over $22.7 trillion: Official
BEIJING: China’s non-financial debt is estimated to be more than $22.7 trillion, accounting for 227.92 per cent of its GDP, a senior Chinese finance ministry official said today amid concerns it may spiral out control.…
China Is Now The World's Leading Energy Financier — What Does That Mean For Climate Change?
The International Money Fund and the World Bank have long functioned as pillars of the global economic and financial order. But when it comes to financing the energy needs of the world, there’s a new…
