SHANGHAI – China has granted preliminary approval for 38 new Trump trademarks, fueling conflict of interest concerns and questions about whether U.S. President Donald Trump is receiving special treatment from the Chinese government. The trademarks…
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China Consumer Finance Challenge Needs High-Tech Solution, China Rapid Finance CEO Tells LendIt
The challenge of expanding consumer finance to China’s vast population can only be effectively tackled with a high-tech solution that enables low-cost customer acquisition, Dr. Zhengyu (Zane) Wang, founder, chairman and chief executive officer of…
China’s finance minister sees ‘relatively large’ room to increase govt debt
China’s government has “relatively large room” to incur debt, China’s finance minister Xiao Jie said on Tuesday, sending a message that Beijing is ready to increase government borrowing to bolster growth if needed. Xiao, a…
China imports surge almost 40% on-year in February
China’s imports surged almost 40 percent last month, data showed Wednesday, fuelled by higher commodity prices and strong domestic demand, bolstering hopes that the world’s number two economy is getting back on track. Leaders will…
China posts first monthly trade deficit in 3 years as imports soar
with China-bound exports dropping 13.4 percent. Elsewhere, Trump administration trade adviser Peter Navarro said on Monday that the $65 billion U.S. trade deficit with Germany was “one of the most difficult” trade issues. Meanwhile, the…
China says NKorea could suspend nukes for halt in US drills
BEIJING (AP) — China’s foreign minister said Wednesday that North Korea could suspend its nuclear and missile activities in exchange for a halt in joint U.S.-South Korea military drills, in an unusually public proposal that…
China Huarong to establish up to five local bad debt managers this year
and resolving systemic financial risks,” said Lai, a delegate to the annual meeting of China’s national parliament. China’s banking regulator last October amended regulations, allowing each province to set up two local AMCs, from one…
Chinese Fintech Firms Launch Blockchain Supply Chain Finance Platform
An online marketplace lender and a subsidiary of a major electronics firm have united to launch ‘Chained Finance’, China’s first blockchain platform for supply chain finance. The solution is aimed at providing better financing possibilities…
China urges US-N.Korea deal to avert 'head-on collision'
China on Wednesday called on North Korea to suspend its nuclear and missile activities in exchange for the US and South Korea halting military wargames, to prevent what it called a “head-on collision.” Foreign Minister…
China and U.S. in new global faceoff between economic planning and deregulation: Don Pittis
After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China. He has produced and reported for the CBC in Saskatchewan and Toronto and the BBC in…
China broadcasts a bold new image: Unapologetic, interventionist, statesmanlike, and streamed live on YouTube
China has no ambition to take over the mantle of leadership from the U.S., its foreign minister says. But Beijing is boldly positioning itself as mediator and problem-solver to the world’s most insoluble problems, abandoning…
The Shipping News From China Is Good for Iron Miners, Mills
Iron ore imports hit February record as steel shipments abate Country is largest buyer of seaborne ore, biggest steel maker Record cargoes of iron ore coming into China and fewer boatloads of steel going out…
Beijing pledges more tax cuts … but are they enough to jump-start China’s economy? Business heavyweights aren’t convinced
Beijing says it has already cut taxes and will continue to do so in 2017 – but the country’s entrepreneurs are asking the government to do more. Premier Li Keqiang said in his annual government…
