CHINA BANKING Corp. (China Bank) is set to conduct fund-raising activities to expand its business. In a disclosure to the local bourse on Thursday, the Sy-led China Bank said its board of directors approved a…
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Foxconn gets China go-ahead for Shanghai IPO of subsidiary
SHANGHAI (Reuters) – China has approved the Shanghai listing of an internet and industrial-focused subsidiary of Taiwan’s Foxconn, which the world’s largest contract electronics manufacturer hopes will help fund new projects. Foxconnn, whose clients ……
Exclusive: China Resources Beer in talks to acquire Heineken’s China business – sources
HONG KONG (Reuters) – China Resources Beer (Holdings) Co Ltd is in talks to acquire Heineken NV’s China business in a deal that could be worth more than $1 billion, as the country’s largest brewer…
China will step up property controls in smaller cities – finance official
BEIJING, March 8 (Reuters) – A senior Communist Party economic official said he believes China will step up property control policies in smaller cities known as tier-three and tier-four cities. The comments were made by…
China looking to be more active in regional, global diplomacy
BEIJING – China wants an eight-nation group it and Russia have dominated … to maintain peace and stability in our region and beyond,” Wang told reporters at a news conference held on the fringes of…
Should You Be Happy With China Mobile Limited’s (HKG:941) Performance Lately?
Increase in profitability and industry-beating performance can be essential considerations in a stock for some investors. In this article, I will take a look at China Mobile Limited’s (SEHK:941) track record on a high level,…
China enlists Foxconn unit IPO in unification campaign
BEIJING/SHANGHAI — The fast-tracked approval process for the … Foxconn Industrial is seen raising 27.3 billion yuan ($4.3 billion) through the IPO. The purpose of the listing is “to expand our presence in the China…
Trade wars ‘harm the initiator’: China’s foreign minister just fired a warning shot at the US over Trump’s tariffs
China’s foreign minister Wang Yi said on Thursday that history shows trade wars harm the initiator as well as the target. Speaking at China’s annual legislative meeting, Wang said that if a trade war were…
China’s February exports surge, trade surplus widens
BEIJING — China’s exports surged in February while its politically sensitive trade surplus widened amid mounting tension with Washington. Exports rose 44.5 per cent over a year earlier to $171.6 billion, accelerating from January’s 11.1…
“Death by China” economist ascendant as Trump pushes tariffs, hits China
WASHINGTON (Reuters) – An economist who believes that Chinese goods are literally poisoning Americans, advocates ending Washington’s “One China” policy and says trade deals have weakened the United States economically with the connivance of U.S.…
China warns of ‘necessary response’ in event of trade war with U.S.
BEIJING (Reuters) – China will respond as necessary in the event of a trade war with the United States, Foreign Minister Wang Yi said on Thursday, while warning that such a war would only harm…
China says no ‘backroom deals’ in new Silk Road initiative
Visiting China in January, French President Emmanuel Macron said Belt and Road could not be “one-way”. Speaking at a news conference on the sidelines of the annual meeting of parliament, Chinese Foreign Minister Wang Yi…
China says resolve to protect peace, stability in South China Sea unshakeable
BEIJING (Reuters) – China’s resolve to protect peace and stability in the South China Sea is unshakeable, Foreign Minister Wang Yi said on Thursday. Speaking on the sidelines of an annual meeting of China’s parliament,…
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