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Why banks are wary of Beijing plea to back private companies
Pity the Chinese state-owned bank trying to obey ever-changing instructions from policymakers in Beijing. For years, banks preferred to lend to giant state-owned enterprises — both because of the impl… ( read original story …)
China to conduct first central bank bills swap to support perpetual bonds
BEIJING, Feb. 19 (Xinhua) — China will soon conduct the first central bank bills swap (CBS) operation to support the issuance of perpetual bonds by commercial banks, a central bank official said Tues… ( read…
Enhancing Africa-China Investments
The Central Bank of Nigeria (CBN) announced the signing of a $2.5 billion currency swap agreement with China in April 2018. The CBN Governor, Mr. Godwin Emefiele, had then explained that the deal was ……
China, Iran delegations meet amid efforts to preserve 2015 nuclear deal
Germany, Britain, France, China, Russia and the European Union have been trying … Germany and Britain to allow businesses to skirt direct financial transactions with Iran, and thereby evade possible … ( read original story…
Amid trade talks, China urges U.S. to respect its right to develop, prosper
State Councillor Wang Yi told the delegation of U.S. business leaders and former officials in Beijing on Tuesday. “Just like the United States, China also has the right to development … ( read original story…
Global sports brands meet backlash in effort to cross pollinate with Chinese entertainment stars
United is keen to bolster its popularity in China by teaming up with influential key opinion leaders. Lu, who has Weibo followers of more than 59 million, came as a natural choice. The ongoing converg……
US soldiers and Marines want to punch holes in ships, and that’s bad news for China
US ground forces are enthusiastically pursuing long-range anti-ship weapons to give the US an edge in a potential fight against China’s growing navy. The Marines want a long-range anti-ship missile “a… ( read original story…
U.S. and China trade talks restart as major players come to the table
Business groups and economists saw Friday’s surprise announcement … The talks also include complaints about Beijing’s plans for government-led technology development, cyberspying and China’s trade s… ( read original story …)
Beijing’s Forbidden City Illuminated for Lantern Festival
BEIJING — Beijing’s Forbidden City has been illuminated and opened to the general public for night visits for the first time to celebrate China’s Lantern Festival. As night fell, visitors were welcome… ( read original…
Amazon’s China unit in merger talks with NetEase’s Kaola: report
It buys goods directly from overseas manufacturers and last year it imported … of dollars into developing markets including India and China in the hopes of generating future profits. ( read original story …)
U.S.-China trade talks set to resume in Washington
a strong proponent of pressing China to end practices that the United States says include forced technology transfers from U.S. companies and intellectual property theft. China, which denies that it e… ( read original story…
Huawei founder says will not share data with China: CBS News interview
WASHINGTON (Reuters) – Huawei Technologies Co Ltd’s founder and chief executive pledged not to share any customer information with the Chinese government and said it had never done so, in an interview … ( read…
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