In its daily yuan fixing operation, the Peoples Bank of China adjusted the mid-value of the yuan to 7.0039 per US dollar, the first time it has been below 7.0 per dollar since April 2008.…
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Three scenarios: From mild to ‘scorched earth,’ how the U.S.-China trade war could hit Canada and the Canadian dollar
The escalating U.S.-China trade war threatens to sideswipe Canada’s economy and the Canadian dollar. The impact may not be huge, but it comes at a crucial time as Canada tries to pick up after a…
Imagine Owning China Demeter Financial Investments (HKG:8120) And Trying To Stomach The 95% Share Price Drop
Long term investing works well, but it doesn’t always work for each individual stock. We don’t wish catastrophic capital loss on anyone. Imagine if you held China Demeter Financial Investments … ( read original story…
Nestle starts selling Starbucks-branded coffee in China
“Right now the overall soluble coffee in China is growing between 3-5% (a year) and we believe that by bringing this exciting new business opportunity we should be able to grow faster than that ……
Reading Toni Morrison in Beijing
The fact that I had read Toni Morrison before I left China in 1996 seems a miracle in retrospect. I was a college student in the early 1990s, and a frequent visitor to Beijing Foreign…
China Mobile profit tumbles as data growth stalls
China Mobile, the largest mobile operator in the world, warned of a limited upside for data traffic as the market becomes saturated, and stressed the need find new growth as its reported declines in ……
China Mobile interim profit slumps to 56b yuan, revenue shrinks
China Mobile (0941) reported net profit for the six months ended June dropped by 14.59 percent from a year ago to 56.06 billion yuan (HK$62.4 billion) amid intensifying competition within the telecom … ( read…
China denounces Australian lawmaker’s World War Two Germany remark
he argued the West had wrongly calculated that economic liberalization in China would lead to democratization. In World War Two, France had failed to appreciate the “evolution of mobile warfare … ( read original story…
China Mobile Ltd.: 2019 Interim Results Press Release
EBITDA = profit from operations + depreciation and amortization The Company has applied the new accounting standard on leases (IFRS/HKFRS 16) since 2019. Should the former corresponding accounting … ( read original story …)
China imports from U.S. fall 19 per cent in July amid trade war
Washington and Beijing are locked in an increasingly costly tariff war over U.S. complaints China steals or pressures companies to hand over technology. The United States and other Chinese trading … ( read original story…
China’s Crackdown on Philippine Casinos Hits the Property Sector
China urged the Philippines to stop its casinos from hiring Chinese citizens as part of a wider crackdown on cross-border gambling and illegal funds flow, a move seen to hurt the Southeast Asian … (…
Lincoln and Cadillac Are Still Cool Cars in China
While total China sales for both Ford and GM slid in the second quarter, demand for their premium brands climbed. Lincoln’s rose 7% in the April-June period from a year earlier, and Cadillac’s surged ……
Shanghai Electric, China Mobile, LINE and China UnionPay among Use Cases in Open Infrastructure Summit Shanghai Agenda
AUSTIN, Texas, Aug. 7, 2019 /PRNewswire-PRWeb/ — Shanghai Electric Power Company, China Mobile, WalmartLabs, Line and China UnionPay are among the Open Infrastructure users slated to share their … ( read original story …)
