China is “rebalancing” its overseas lending practices in the face of mounting concerns over the debt burdens of developing countries, the head of the Asian Infrastructure Investment Bank told the Fina… ( read original story…
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U.S. charges China’s Huawei for sanctions violations, technology theft
WASHINGTON/HONG KONG (Reuters) – The United States on Monday announced criminal charges against China’s Huawei Technologies Co Ltd, escalating a fight with the world’s biggest telecommunications equip… ( read original story …)
U.S. charges against Huawei could inflame China trade talks
Representatives of U.S. business groups privately raised concerns that the administration’s actions could poison the atmosphere between the two sides. Any backlash in China against the indictment of H… ( read original story …)
China tells U.S. to stop ‘unreasonable crackdown’ on Huawei
Beijing will “firmly defend” its companies, said foreign ministry statement read on the state-run TV news. It gave no indication whether Beijing might retaliate for the charges against Huawei, China’s … ( read original story…
U.S. charges China’s Huawei with bank fraud
The United States on Monday charged China’s Huawei Technologies Co Ltd, its chief financial officer and two affiliates with bank and wire fraud to violate sanctions against Iran in a case that has esc… (…
China’s Crackdown on Pollution Is a Boon to the World’s Shipbuilders
(Bloomberg) — Sign up for our new China newsletter, a weekly dispatch coming soon on where China stands now and where it’s going next. The world’s biggest shipbuilder sees China’s cleanup of its smog… (…
China wants to boost loans to small businesses. Tech companies may be the answer
As China lacks a standardized credit system, roughly 80 percent of the nearly 90 million small and micro-sized enterprises don’t have a credit with a bank, according to Tencent-backed WeBank. That’s w… ( read original…
Being Bullish on China Bank Stocks Is a Losing Game
Making bullish calls on Chinese banking stocks must be a depressing endeavor. They’re falling behind again. On a market-cap weighted basis, the nation’s lenders rose only 6 percent this year, compared … ( read original…
U.S. charges China’s Huawei with bank fraud, stealing trade secrets
WASHINGTON (Reuters) – The United States on Monday charged China’s Huawei Technologies Co Ltd, its chief financial officer and two affiliates with bank and wire fraud to violate sanctions against Iran … ( read original…
Citi sees stronger China wealthy client base in 2019 despite economy slowing
which provides debt and equity underwriting and financial advisory services. Late last year, Citi agreed to sell its minority stake in its China brokerage joint venture to its Chinese partner, Orient, … ( read original…
Trump’s Freeze on China Exposes Israeli Tech Firms to Chill Wind
(Bloomberg) — Igal Rotem’s fastest-growing market is China, while most of the investors in his online banking service are American. That puts the Israeli executive at the crux of a geopolitical power … ( read…
NVIDIA Is the Latest Company to Plummet on Slowing Growth in China
NVIDIA shocked investors this week when it revised its financial guidance, saying that “deteriorating macroeconomic conditions, particularly in China,” wreaked havoc on its original forecast. ( read original story …)
China Unicom, ZTE Complete World’s First 5G Call with ZTE’s 5G Prototype Smartphone
ZTE Corp. announced that the Guangdong branch of China Unicom and ZTE have made the world’s first 5G call by means of ZTE’s 5G prototype smartphone in Shenzhen 5G field trial. The test also completed…
