Beijing is working to ease interbank liquidity tightness after the takeover of Baoshang Bank, an Inner Mongolia-based mid-sized commercial bank, last month. “This is another action by the PBOC to ease … ( read original…
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China central bank says lending small firms jumps 21 percent in January-May
BEIJING (Reuters) – China’s central bank said on Monday that more loans have been extended to small firms in the first five months of 2019, heeding Beijing’s call to support the economy. The number of…
US attacks on China’s economy reflect a double standard
During the 2008 financial crisis, the US rescued banks and provided fiscal … as part of its “America First” goal. SOEs are not unique to China. The concept started in the west. In sectors such…
Shenzhen takes economic top spot – again – but Hong Kong is more liveable, study finds
Shenzhen was the most economically competitive city in China in 2018 for a fifth consecutive year but Hong Kong leads the pack in living environment, business environment and development … ( read original story …)
China C.bank Says Lending Small Firms Jumps 21% in January-May
BEIJING — China’s central bank said on Monday that more loans have been extended to small firms in the first five months of 2019, heeding Beijing’s call to support the economy. The number of ……
The Bitter Contest for China’s Online Shoppers
Over the past few years, the French company’s plans to shrink its China footprint has been one of the worst-kept secrets in banking. Though Carrefour sold the business pretty cheaply – with a … (…
China says both U.S., China should make compromises in trade talks
Talks to reach a broad deal broke down last month after U.S. officials accused China of backing away from previously agreed commitments. Speaking at a news briefing on the G20 summit, Wang, who is ……
Schierman: Trudeau asked the wrong president to help out on China
In seeking the release of the two captive Canadians, Prime Minister Justin Trudeau has reached out to China’s premier for a personal conversation. Alas, his attempts have been rejected. … ( read original story …)
China’s race to 5G hampered by Huawei ban
China’s determination to be the first 5G superpower was on show again this month, as the government handed out commercial licences to its three telecoms carriers and a cable television network to roll … (…
VIAVI Delivers Wireless and Optical Test Solutions to China Mobile, Accelerating 5G Commercialization
SAN JOSE, Calif., June 24, 2019 /PRNewswire/ — Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that the company has provided industry-leading 5G wireless and optical test solutions to … ( read original story …)
China says US-China trade teams in contact ahead of G-20
Trump has already imposed 25% tariffs on $250 billion in Chinese imports and China has retaliated with tariffs on U.S. goods. The two sides are in a stalemate after 11 rounds of talks that have…
China says both US, China should make compromises in trade talks
FILE PHOTO: Chinese Vice Commerce Minister and Deputy China International Trade Representative Wang Shouwen attends a news conference during the ongoing session of the National People’s Congress (NPC) … ( read original story …)
China reasserts its interests in North Korea
At one point, relations became so strained that Kim’s regime took the unprecedented step of publicly criticizing China’s state-run news media — a move tantamount to criticizing Xi himself. Kim’s … ( read original story…
