The trip will include visits to Shanghai, Tianjin and Beijing, China’s three top cities for global business connections, according to a statement from the WEDC. “With a greater metropolitan area population of 34 million, Shanghai…
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Nissan expects sales growth to slow in China, U.S. in near term
Sales in China in the six-month period grew 3.8 per cent from a year … Nissan raised its exposure to the strong yen at the start of the business year in April as it has…
China trade remains weak as exports and imports keep falling
The next key reading of China’s economy will be tomorrow’s inflation figures from the National Bureau of Statistics with market economists forecasting better news. Producer prices are expected to end a four-year run of deflation,…
Matthews International Capital Management LLC Purchases 205,500 Shares of China Mobile Ltd. (CHL)
Matthews International Capital Management LLC boosted its position in China Mobile Ltd. (NYSE:CHL) by 3.4% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,257,915 shares of…
China central bank to keep liquidity ample, curb asset bubbles
BEIJING (Reuters) – China’s central bank said on Tuesday that it will maintain ample liquidity in the country’s financial system while taking steps to prevent asset bubbles in an increasingly leveraged economy. In its third-quarter…
China approves law to tighten control on internet use
China’s legislature approved a cybersecurity law on Tuesday that human rights activists warn will tighten political controls and foreign companies say might hamper access to Chinese technology markets. Chinese authorities say the law is required…
China's drive to become a rugby union superpower
Tingting Zhang, business development manager of Beijing-based sports marketing firm Yutang Sports, says rugby union is currently a “niche” sport in China compared with basketball, table tennis and badminton. But she says it does have…
Asia financial body says China cyber security law could make risk management harder
HONG KONG (Reuters) – The chief of one of Asia’s most prominent financial trade bodies on Tuesday said new cyber security rules in China could make it harder for foreign companies operating in the country…
China Inc.’s Investment Bank Dives Into Troubled Retail Market
China International Capital Corp., the investment bank ex-Premier Zhu Rongji set up two decades ago to help restructure the Chinese economy, is again taking on a role that fits with the government’s agenda. CICC’s $2.5…
China exports down 7.3% from a year ago
China’s exports fell again in October in a fresh sign that weak global demand is complicating efforts by Beijing leaders to shore up economic growth and reduce reliance on trade and investment. Exports contracted by…
While world watches the U.S. election, China unveils three major decisions within three minutes
Lou had overseen a restructuring of local-government finances that helped cut the cost of a record accumulation of debt by cities and provinces after the global financial crisis. Sotheby’s signs deal with ‘Zillow of China’,…
China's October exports fall in new sign of global weakness
BEIJING — China’s exports fell again in October in a fresh sign of weak global demand that is complicating efforts by Beijing leaders to shore up economic growth and reduce reliance on trade and investment.…
China’s New Finance Minister Faces a Juggling Act
China’s new finance minister Xiao Jie inherits from his reformist … to reduce the cost of a record amount of debt run up by provinces after the global financial crisis. But his plans to clamp…
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