Lenders, including rural cooperatives and policy banks, will need to apply for a license to operate units outside their home base or will have to wind down the businesses, the China Banking and Insura… (…
Posts By admin
China to end the year as worst performing stock market
A trade dispute with the US and a crackdown on shadow banking made China the world’s worst-performing major stock market in 2018, shedding some $2.3tn in value. Investors say that while China’s intens… ( read…
Empty Homes and Protests: China’s Property Market Strains the World
JURONG, China — For Hu Peiliang, Jurong was a city of cranes, concrete and opportunity. He was so sure it was on the cusp of a boom that last year he moved his family there.…
China Unicom to invest CNY1.5bn in 5G for Beijing 2022
China Unicom, the Official Telecommunication Services Partner of the Beijing 2022 Winter Olympic Games and Paralympic Games will invest CNY1.5bn in 5G related projects in its services to Beijing 2022. … ( read original story…
China Targets Smaller Lenders in Latest Shadow Banking Crackdown
China announced plans to rein in the expansion of lending by the nation’s regional banks to areas beyond their home bases, the latest step policy makers have taken to defend against financial risk in ……
China Mobile International joins Etisalat’s SmartHub
China Mobile International Limited (CMI) will establish a presence at Etisalat’s SmartHub Data Centre in UAE, improving its reach across partners in the region and meeting the increasing demand … ( read original story …)
Beijing is building up its influence in the Arctic
In its quest to become a global superpower, China has regularly become entangled in territorial disputes with its neighbors, butting up against international law. But there’s one region on its radar w… ( read original…
Beijing boosts video game sector with licensing resumption
Beijing has resumed commercial licensing for video games, ending a nine-month freeze that has taken a toll on internet giant Tencent and other publishers in the world’s biggest gaming market. China’s … ( read original…
China’s Disappeared: A look at who went missing in 2018
China threatened “grave consequences” if Canada did not release … She admitted to tax evasion. State news agency Xinhua reported that Fan and the companies she represents had been ordered to pay tax… ( read…
China’s central bank rules out major stimulus because financial risks are ‘controllable’
China’s central bank has sought to counter market speculation that it would engage in a significant loosening of monetary policy next year to offset a slowing economy and trade uncertainties, saying t… ( read original…
Canada Goose opens Beijing store following delay
Canada Goose Inc., says its new store in Beijing has opened following a delay. The Toronto-based luxury parka maker has said the delay was due to ongoing construction. The announcement of the delay ca… (…
China’s Supreme Court to take on intellectual property cases
BEIJING (Reuters) – Intellectual property rights cases can from next month be taken to China’s Supreme Court, the government said on Saturday, as the country seeks to strengthen protections in the fac… ( read original…
Canadian teacher Sarah McIver who was detained in China has been released
Sarah McIver, who was detained in China this month, has returned to Canada, Global Affairs confirmed to Global News on Friday. “Global Affairs can confirm that a Canadian citizen, who was … ( read original…
ADVERTISEMENT
