BEIJING China’s central bank sold a net $39.2 billion worth of foreign exchange in October, data showed on Monday, easing from an eight-month high hit in September but still indicating continued official interventions to support…
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China Unicom partnering up with Alibaba
Customers try virtual reality devices at the China Unicom stand at a telecoms exhibition in Guangzhou, Guangdong province. [Photo/China Daily] China United Network Communications Ltd said it has partnered with internet giants in a move…
Will China’s Financial Bust Ever Come?
China’s reading is the nation’s highest on record in the gauge released by the Bank for International Settlements. It’s the single most reliable indicator of looming financial crises, according to the BIS, which found in…
China's leader reaffirms U.S. relations in talk with Trump
State media reports say Xi congratulated Trump on his election in their Monday talk and said co-operation was the “only correct choice” for China and the U.S, the world’s two biggest economies. Trump had accused…
China mourns first female J-10 pilot after death in training
“We have lost a comrade and the air force feels great pain and sadness for Yu Xu’s sacrifice,” said China’s Air Force spokesman Shen Jinke. Another pilot, 35, survived the crash. He has already been…
China data point to steadier economy for now, but Trump victory adds to risks
China’s leaders have depended on a surging real estate market … There should not be a problem achieving this year’s GDP growth targets,” he told a news briefing. October industrial output also missed expectations but…
China's Xi Jinping tells Donald Trump 'cooperation' is only choice to strengthen relations
Trump had lambasted China throughout the U.S. election campaign, drumming up headlines with his pledges to slap 45 percent tariffs on imported Chinese goods and to label the country a currency manipulator on his first…
China Mobile Ltd. (CHL) Stock Rating Upgraded by Deutsche Bank AG
China Mobile Ltd. (NYSE:CHL) was upgraded by stock analysts at Deutsche Bank AG from a “hold” rating to a “buy” rating in a research report issued on Monday, The Fly reports. Several other research analysts…
Hong Kong: Large pro-China rally against independence
Tens of thousands of pro-China protesters have rallied in Hong Kong, expressing anger at calls for the territory’s independence. Demonstrators waved Chinese flags, and chanted “oppose Hong Kong independence; support Beijing’s ruling”. Last week ……
Beijing Tightens Its Grip in Hong Kong Again
Two months after tumultuous legislative elections, and two years after the pro-democracy Umbrella Movement paralyzed the city center, Hong Kong is in the throes of another great political crisis. Last Monday, the Chinese government intervened…
China Unicom (Hong Kong) Ltd (NYSE:CHU) Updated Broker Price Targets
Market analysts have recently updated their ratings and price targets on shares of China Unicom (Hong Kong) Ltd (NYSE:CHU). The latest reports which are currently in issue on Sunday 13th of November state 0 analysts…
Investors dodge China's whack-a-mole outflow curbs
TRADE CHANNELS Jolyon Ellwood Russell, partner at lawyers Simmons & Simmons, said international anti-money-laundering monitor Financial Action Task Force (FATF) had identified four main channels to bring money out of China: cash smuggling in vans…
German Displeasure Rises Over China FDI Policy
Germany’s bellyache about China’s foreign direct investment policy is a sign of Europe’s growing displeasure with what is perceived as an imbalance in the economic ties between the Old Continent and the Asian giant. Sectors…
