China’s investment frenzy in initial public offerings (IPOs) is back, as a dearth of investable options in the country’s capital markets and excessive cheap money chase after the returns from first-day stocks trading. Of the…
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China offers anchor of stability, growth in uncertain world: Premier Li
China offers “an anchor of stability and growth” in an … Li said Beijing is also working with business communities on retraining programmes. In 2016, 700,000 workers once employed in downsized industries moved on to…
China's shadow banking crusade risks bond market crash
SHANGHAI (Reuters) – China’s campaign to cut high debt levels in its economy is aiming this year to shrink the $3 trillion shadow banking sector, which could drain a critical source of income for the…
China Unicom Profit Warning: Good or Bad News?
China Unicom (762.HK) has told investors to brace for a rough set of annual results. The smallest of China’s three telco operators warned on Wednesday that its full year net profit for 2016 is likely…
Smog pushes Beijing residents to innovate for the world
Beijing residents concerned about breathing the capital’s thick grey air are adapting, inventing and even creating businesses to protect the health of their families and others. Some of their efforts could help people around the…
Smog pushes Beijing residents to search for health solutions
Beijing residents concerned about breathing the capital’s thick grey air are adapting, inventing and even creating businesses to protect the health of their families and others. Some of their efforts could help people around the…
South Korea to boost economic cooperation with China amid THAAD concerns
South Korea’s finance ministry said in a statement released after a regular government meeting on external economic conditions. Beijing strongly objects to South Korea’s decision last year to allow the United States to base a…
Canada can manage relationships with China and U.S. at same time, says John McCallum
Canada’s new ambassador to China says this country can “walk and chew gum at the same time,” by establishing friendly relationships with U.S. President Donald Trump while at the same time maintaining healthy relations with…
Johnson Investment Counsel Inc. Boosts Position in China Mobile (Hong Kong) Ltd. (CHL)
Johnson Investment Counsel Inc. raised its stake in shares of China Mobile (Hong Kong) Ltd. (NYSE:CHL) by 3.9% during the third quarter, Holdings Channel reports. The firm owned 5,523 shares of the company’s stock after…
Qantas goes back to Beijing
Qantas has recommenced daily flights from Sydney to Beijing, eight years after scrapping the route because of the global financial crisis, as the airline seeks to lift its share of the lucrative Chinese travel market.…
Apple sues Qualcomm in Beijing seeking 1 billion yuan
WASHINGTON (Reuters) – Apple Inc filed a lawsuit against Qualcomm Inc in Beijing, alleging that the chip supplier abused its clout in the chip industry and seeking 1 billion yuan (115.22 million pounds) in damages,…
Fonterra confident in China strategy despite losses
“The long-term outlook remains strong with disposable incomes in China growing by 11.5 per cent a year since 2006, the relaxation of the one child policy taking effect and tightening brand regulations leading to the…
China Unicom Hong Kong : Expects Substantial Drop in 2016 Net Profit
China Unicom (Hong Kong) Ltd.’s (0762.HK) net profit for 2016 is expected to fall by around 94% from a year earlier on higher expenses and the absence of major one-time disposal gains. The mobile operator…
