A reverse repo is a process by which the central bank purchases securities from commercial banks through bidding, with an agreement to sell them back in the future. [Photo/IC] BEIJING – The People … (…
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China needs bailout and capital plans for crisis event: PBOC Advisor
People’s Bank of China adviser Ma Jun has probed the economy for triggers of financial turbulence, and proposed measures including direct bailouts of enterprises and bank recapitalisation should a cri… ( read original story …)
As China’s economy cools, luxury brands feel the chill
BEIJING — The designer boutiques of Manhattan and Paris are feeling the chill of a Chinese economic slowdown that has hammered automakers and other industries. It’s a rude awakening for such designer … ( read…
India, China talk of improving trade ties, but progress is slow
China and India may be talking about improving their trade relationship but there is little action to go with the words. According to Indian government officials and representatives of various Indian … ( read original…
After Huawei executive’s arrest, U.S. firms operating in China fear retaliation
At a closed-door security meeting of U.S. companies in Singapore on Thursday, one topic was high on the agenda: the arrest of a top executive at Chinese tech giant Huawei and the potential backlash on…
China’s ByteDance to raise about $1.45 billion for its venture fund: the Information
(Reuters) – Beijing ByteDance Technology Co, one of the world’s … This comes after ByteDance faced mounting scrutiny from China’s internet censors earlier in the year, with Toutiao … ( read original story …)
China-US feud sparked by Huawei arrest poised to inflict damage on Canada
China’s embassy strongly condemned Meng’s detention … Canada’s top intelligence official said that state-sponsored espionage – including through 5G cellular technology – is a critical threat to Cana… ( read original story …)
Why Huawei arrest deepens conflict between US and China
In the view of the United States and many outside analysts, China has embarked on an aggressive drive to overtake America’s dominance in technology and global economic leadership. According to analyst… ( read original story…
The Latest: China unhappy at report Japan may block Huawei
WASHINGTON — The Latest on the arrest of an executive of Chinese telecoms equipment maker Huawei Technologies (all times local): 6:00 a.m. China has expressed serious concern about media reports that … ( read original…
Huawei is ‘growing astronomically’ despite allegations it spies for China
Huawei denies allegations that it conducts espionage on behalf of China and has said it’s a market-driven business simply looking to compete internationally. Some Canadian security experts have warned … ( read original story …)
BRIEF-China Unicom Hong Kong Updates On Notice By MIIT In Relation To The Usage Of Frequency
Dec 7 (Reuters) – China Unicom Hong Kong Ltd: * MIIT OF CHINA ALLOWS UNICOM GROUP TO USE FREQUENCY BAND OF 3500-3600MHZ TO LAUNCH TRIAL OF 5G MOBILE COMMUNICATIONS SYSTEM * UNICOM GROUP WILL GRADUALLY…
China Ramps Up Solar Exports After Reforms Hit Home Market
Beijing in June announced a surprise decision to clamp down on new solar plants and curb financial aid to developers after record installations in 2017. That may shrink China’s share of new global sol… (…
China Pushes Back as Countries Weigh Telecom Bans: Huawei Update
(Bloomberg) — The arrest of Huawei Technologies Co.’s chief financial officer in Canada provoked outrage from China at a critical point in trade talks with the U.S. Wanzhou Meng faces extradition to … ( read…
