However, a 35-year old IT industry worker surnamed Huang said her friends were concerned about China returning to the Mao era. “I saw on (state broadcaster) CCTV’s evening news that they were saying everyone fully…
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China Unicom Q4 Earnings Preview: What We Will Be Watching
China Unicom, the second largest Chinese wireless carrier, is expected to publish its Q4 and full year 2017 results next week. We expect the company’s earnings to see an improvement on a year-over-year basis, driven…
Taste for luxury: 5 cafes in China set up by top-notch brands
Food and drink, not fashion, is increasingly driving traffic into malls in China. With the soaring popularity of online shopping, developers have been forced to get creative in giving consumers reasons to visit brick and…
iPhone assembler Foxconn readies China’s biggest IPO since 2015
BEIJING (BLOOMBERG) – Hon Hai Precision Industry Co is racing … as the government courts a long under-represented sector. “The size of the IPO should be pretty close to what’s disclosed in the prospectus,” said…
iPhone assembler Foxconn readies China’s biggest IPO since 2015
BEIJING (BLOOMBERG) – Hon Hai Precision Industry Co is racing … as the government courts a long under-represented sector. “The size of the IPO should be pretty close to what’s disclosed in the prospectus,” said…
‘Be bolder’: Chinese central bank chief Zhou Xiaochuan looks back as he heads for the exit
In what is likely to be one of his last public appearances as head of the People’s Bank of China, Zhou Xiaochuan, 70, said he could not isolate any one pivotal moment in his more…
What To Watch For In China Mobile’s 2017 Earnings Release
China Mobile, the largest Chinese wireless carrier, is expected to publish its full-year 2017 results in the coming days. We expect the company to post year-over-year growth in revenues and earnings, driven by its recent…
China accuses Trump of damaging global trade
China’s Commerce Ministry said it “firmly opposes” Trump’s move … Traders also were encouraged by news Trump might meet North Korean leader Kim Jong-un. South Korea’s trade minister, speaking at an emergency meeting, appealed to…
China builds ambitiously in Africa as US sounds the alarm
And if countries run into financial trouble, they often lose control over their … the U.S. has said, with most debt owed to China. There are obvious reasons why the United States would want to…
China’s banking regulator vows to further cut corporate, government and household leverage
BEIJING (Reuters) – China’s top banking regulator said on Friday reducing leverage in the country’s corporate, government and household sectors remains a major policy priority. Speaking on the sidelines of the National People’s Congress, Guo…
China Metal Producers Urge Beijing to Retaliate on U.S. Tariffs
SHANGHAI/BEIJING — China’s metals industry issued the country’s most explicit threat yet in an escalating trade spat with the United States, urging Beijing to retaliate by targeting coal and other sectors that are key to…
China vows tighter rules to clip wings of big finance firms
The Chinese government is working on new rules to control the country’s big financial firms and holding companies to curb the massive risks generated by the conglomerates’ speculative investing, China’s central bank officials and senior…
Central banker: China can be ‘bolder’ about market opening
BEIJING (AP) — China can be bolder about opening its financial markets following steps to strengthen its regulatory system and encourage use of its currency abroad, the central bank governor said Friday. The comments by…
