The Chang’an Trust product was one of countless so-called wealth management products sold to investors to help raise money for a massive wave of lending in China that began in the aftermath of the 2008…
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Gridsum to Attend Morgan Stanley’s China Technology, Media & Telecoms Conference in Beijing from January 8 – 10, 2018
BEIJING, Dec. 28, 2017 — Gridsum Holding Inc. (“Gridsum” or the “Company”) (NASDAQ: GSUM), a leading provider of cloud-based big-data analytics and artificial intelligence (“AI”) solutions in China, today announced that the Company will ……
China to ‘standardize’ market access for foreign lenders: regulator
BEIJING (Reuters) – China’s banking regulator has issued draft measures for amending its licensing and oversight of some foreign-funded bank activities, a move it says is aimed at promoting investment in the country’s fast-growing financial…
China to ‘standardise’ market access for foreign lenders – regulator
BEIJING (Reuters) – China’s banking regulator has issued draft measures for amending its licensing and oversight of some foreign-funded bank activities, a move it says is aimed at promoting investment in the country’s fast-growing financial…
Beijing’s top office on Hong Kong affairs says city ‘must implement’ controversial joint checkpoint for high-speed rail
China’s State Council-level institution overseeing Hong Kong affairs on Wednesday said the city “must implement” a controversial joint checkpoint for the cross-border rail link under construction as Beijing had formally approved the plan, even as…
Beijing Complicates Washington’s Afghan Strategy
After a meeting in Beijing on Tuesday of the China-Afghanistan-Pakistan Dialogue, a newly created trilateral format, Chinese Foreign Minister Wang Yi made a major announcement that Beijing and Islamabad will look at extending the US$57…
China to Stop Production of 553 Vehicle Models Over Fuel Use
The halt in production will begin Jan. 1, the China Vehicle Technology Service Center said in a statement Thursday. Models include FAW VW’s Audi FV7145LCDBG sedan, Beijing Benz’s Benz BJ7302ETAL2 sedan and Shanghai GM’s Chevrolet…
China moves to impose order on mobile payments boom
China’s central bank has tightened rules on mobile payments made by scanning a barcode, imposing restrictions that could slow the explosive growth for Alibaba’s financial services affiliate and that of its main rival, Tencent. The…
China Dinnerware Retailer Serves Up Highest Rating from TopConsumerReviews.com
However, finding that perfect design by a quality manufacturer can be difficult at best when shopping at brick-and-mortar stores, who often carry a limited selection of brands and patterns. For this reason, many shoppers looking…
Japan’s Nomura poised to start China retail brokerage business: CEO
TOKYO (Reuters) – Nomura Holdings Inc is ready to serve wealthy Chinese as soon as the world’s second-largest economy allows foreign financial institutions to open securities brokerages, the chief executive of Japan’s biggest brokerage and…
Chinese developers renovate run-down buildings to gain foothold in Beijing, Shanghai
an association of real estate and finance professionals, in the first half of this year Beijing had less than 1 million square metres of completed and ongoing conversion projects, out of the city’s total 47…
China extends pilot plan to mortgage rural land rights
China’s top legislature on Wednesday approved a decision to extend a pilot program allowing farmers in selected areas to mortgage their land use rights and housing property rights. The decision was made by the Standing…
At an Air Show in China, Drones — Not Jets — Are the Stars
WUHAN, China — Need more evidence that China is a global force in technology? Just listen for the low whine of tiny propellers. And look up. At the World Fly-In Expo, an air show held…
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