A $2.2 trillion superbank is feeling the pinch of China’s bond slump. The yield on China Development Bank’s 10-year bonds surged past 5 percent on Wednesday, bringing the rise this quarter to about 70 basis…
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China Commences Crackdown on Shadow Banking
Chinese regulators introduced major rules on Nov. 17—the scale of which has been compared to the U.S. Dodd-Frank Act—to unify regulations for the asset management industry and curtail shadow banking activities. The rules are broad-based,…
Why Esports Are A Golden Opportunity For China’s Beer Brands To Get Millennials Drinking Again
Sports, beers, and bros is one of marketing and advertisement’s most tired, most gendered and most trusted consumer archetypes. As in the United States, sports in China have long sold beer. But with China’s millennial…
China’s Mammoth Policy Banks Feel the Squeeze From Bond Slide
A $2.2 trillion superbank is feeling the pinch of China’s bond slump. The yield on China Development Bank’s 10-year bonds surged past 5 percent on Wednesday, bringing the rise this quarter to about 70 basis…
China toughens IPO reviews to bolster market confidence
BEIJING – “It is the best of jobs, it is the worst of jobs,” is how Chinese top securities regulator Liu Shiyu described the new committee he created to review IPO applications. Early this week,…
Beijing criticises Australia over South China Sea policy
China has criticised Australia for making “irresponsible remarks” over the South China Sea in a policy paper. On Thursday, Australia raised concerns about the “pace and scale” of China’s activities in the disputed zone -…
Beijing police probe nursery over abuse allegations
SHANGHAI (Reuters) – Police in Beijing are investigating claims of abuse at a kindergarten operated by Chinese pre-school operator RYB Education Inc, the second high-profile case of alleged child abuse at a Chinese nursery in…
Canadian companies can’t ignore China’s new ‘upper middles’
In 2010, there were 13 marathons in all of China; by 2016, there were more than 320. Many Canadian firms, including Vancouver-based Arc’teryx, an outdoor clothing and sporting company, are capitalizing on this trend. Arc’teryx’s…
China: Consolidated Power To Address Financial Risks
The Chinese Communist Party turned a blind eye to financial risks in its pursuit of consolidated power. The party has now achieved consolidated power. Now it’s time for the party to address the risks it…
China tells Australia to butt out of South China Sea dispute
The Asian nation’s pollies urged Australia to stop making “irresponsible remarks” about its actions in the South China Sea. The Turnbull Government released the first detailed document on Australia’s place in the world in 14…
In China Property, Investors May Dump Bonds for Promising Stocks
Stocks of Chinese property developers are a better buy than their bonds even after a huge rally, according to JPMorgan Chase & Co. That’s because the gap between developers’ dividend yields and credit spreads are…
China must enhance protection of intellectual property rights: Premier Li
SHANGHAI (Reuters) – It is strategically important for China’s economy that the country enhances protection of intellectual property rights, the state news agency Xinhua quoted Premier Li Keqiang as saying, as the cabinet promised to…
China to fend off bubble risk with tighter property rules
Beijing says it will stop illegal capital from moving into real estate Investment is to be shared out more evenly to other sectors Cooling measures on property prices appear to be taking effect Chinese authorities…