As the proverbial frog on the stovetop knows well, there’s a fine line between a comfortable bath and being served for dinner. In China, higher prices are good news for industrial firms. But consumer prices…
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China’s banks are hiding more than $2 trillion in loans
Bank officials aren’t shy about the accounting sleight of hand, which is rampant across China. The bank had about $US39 billion in investment receivables in the third quarter, nearly as big as its loan portfolio,…
Why capital is fleeing China and what it means for Australia
Victoria State Government provides funding as a strategic partner of The Conversation AU. Foreign reserves at the People’s Bank of China (PBoC), China’s central bank, fell for the fifth consecutive month in November, dropping by…
‘Nude selfies for loans’ scandal sheds light on China’s rampant underground banking
Details have been revealed of more than 100 more cases of young women college students in China who were forced to hand over naked selfies to ensure they would pay money back to loan sharks.…
China listed banks to see bad loans edging up: report
The average non-performing loans (NPL) rate of Chinese listed banks is forecasted to rise to about 1.8 percent by 2017, up from the forecasted 1.7 percent by the end 2016, Bank of China said in…
China factory prices rise, fanning fears interest rates will increase
… A higher reading in the producer price index than the index for consumer inflation creates a dilemma for China’s central bank. Maintaining low interest rates will discourage investors from keeping holdings in yuan, with…
Kheng Ly and Montreal real estate developer Brivia receive Canada China Business Excellence Award
MONTREAL, Dec. 8, 2016 /CNW Telbec/ – Montreal real estate developer Kheng Ly and his company, Brivia Management, the development and construction manager of the YUL Condominiums project in downtown Montreal, have been recognized with…
China criticizes U.S. for blocking German Aixtron deal
Aixtron announced on Thursday that China’s Fujian Grand Chip Investment Fund had dropped … frequently departs from market and commercial principles to interfere with normal business activity,” said MOFCOM spokesman Shen Danyang. Shen was answering…
China consumer prices up 2.3% in November
BEIJING – China’s consumer price index (CPI), a main gauge of inflation, grew 2.3 percent year on year in November, up from October’s 2.1 percent, the National Bureau of Statistics announced Frdiay. China’s producer price…
Emerging Marketplace in South China’s Environmental Industry: Success of IE expo Events Again Underlines Its Leading Position in Asia
GUANGZHOU, China–(BUSINESS WIRE)– IE expo Guangzhou 2016 concluded with great success on November 26 at the China Import and Export Fair Complex in Guangzhou, China. As a Southern China version of IE expo China, Asia’s…
Trade war with China: “A very dangerous domino”
Tough talk from President-elect Donald Trump is making economists and some business leaders nervous about a potential trade war with China. They say investors and consumers should be leery, too. Investors cheering potential tax cuts…
Trump: China will have to 'play by the rules'
He might have taken a page from his business manual – make a rigorous opening bid, then settle for less,” the editorial said. “But make no mistake about it: Taiwan stands on top of China’s…
China ready to aid in Iran's recovery
Zarif, in an official visit to China, made the remarks late Tuesday at the Iran-China Business Forum, a gathering of more than 300 corporate delegates. Zarif said Iran is a “safe country” that is “now…
