HONG KONG (Reuters) – China Tobacco International, the overseas subsidiary of China’s state-owned tobacco monopoly and the world’s largest tobacco producer by volume, has filed for a Hong Kong initial … ( read original story…
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China National Tobacco, the world’s largest cigarette maker, plans Hong Kong IPO for international unit
China National Tobacco, a state monopoly that is by far the biggest cigarette maker in the world, plans to list its international unit on the Hong Kong stock exchange even as pressure increases on the…
Beijing twists openness, says Tsai
Beijing manipulation of Taiwan’s democratic openness is a main threat to the island’s security, President Tsai Ing-wen said yesterday.That was one of her comments even as Xi Jinping prepared for a maj… ( read original…
U.S.-China trade war remains top of mind for Bank of Canada exec
Stephen Poloz, governor of the Bank of Canada, has retreated from his avowed determination to achieve what the central bank calls a “neutral range” for interest rates. That would be a key lending rate ……
China central bank lends 473.50 bln yuan via medium-term facility in Dec
BEIJING , Jan 2 (Reuters) – China’s central bank lent 473.50 bln yuan ($69.11 bln) to financial institutions via its medium-term lending facility (MLF) in December, it said on Wednesday. Outstanding M… ( read original…
China’s leader urges action on unification with Taiwan
Taiwan and China split in a civil war that brought the Communist Party to power in China in 1949. The rival Nationalists set up their own government on the island about 160 kilometres off the…
China slowdown, trade disputes weigh on Asia factory activity
In China, the Caixin/Markit PMI slipped into contraction territory for the first time in 19 months, broadly tracking an official survey released on Monday. China’s weakness spilled over to other Asian … ( read original…
Xi Jinping says Taiwan ‘must and will be’ reunited with China
Chinese President Xi Jinping has urged the people of Taiwan to accept it “must and will be” reunited with China. In a speech marking 40 years since the start of improving ties, he reiterated Beijing’s…
China’s Manufacturing PMI Weighs on Risk Sentiment Early On
Out of China, the Caixin Manufacturing PMI came in … with the negative stats offsetting positive news from the Oval Office on initial trade talks and an early rise in the U.S futures. ( read…
China approved less IPOs in 2018 after tightened vetting process
China’s securities watchdog approved 102 initial public offering (IPO) applications in 2018, down from the record-breaking 401 in 2017, as a way to ensure the quality of listed companies via tightened … ( read original…
China December factory activity shrinks for first time in 19 months: Caixin PMI
BEIJING, (Reuters) – China’s factory activity contracted for the first time in 19 months in December as domestic and export orders continued to weaken, a private survey showed, pointing to a rocky … ( read…
China’s world first: Electromagnetic railgun goes to sea
In March, the state-controlled China Daily news service declared Beijing was “making notable achievements on advanced weapons, including sea tests of electromagnetic railguns”. The latest image appear… ( read original story …)
China Mobile jumps on digital bandwagon
Visitors look at screens displaying big data services in transportation, tourism, security and information sharing at the China Mobile stand during a software expo in Nanjing, capital of East China’s … ( read original story…