SHANGHAI/BEIJING/HONG KONG: In March 2013, retired chemical company employee Anne Xing, her older sister and their husbands visited a China Everbright Bank branch on the outskirts of Shanghai. A private wealth manager at the bank…
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Beijing, Tianjin, Hebei offer 144-hour visa-free transit
China extended its visa-free period for people transitting through Beijing to 144 hours Thursday, and added neighboring Hebei Province and Tianjin City to the program. Transit air, train, and ship passengers entering either of the…
Beijing starts using special license plates for green vehicles
Dec. 28 (UPI) –State media in China reported Thursday that commuters in Beijing started using special license plates to designate alternative vehicles for the first time. The Chinese Ministry of Public Security in November announced…
Trump says China-North Korea oil sale will prevent nuclear solution
U.S. President Donald Trump on Thursday said he was “very disappointed that China is allowing oil to go into North Korea” and that such moves would prevent “a friendly solution” to the crisis over Pyongyang’s…
BRIEF-China Development Bank Financial Leasing Says Special Purpose Cos To Buy 5 Ships For $231.4 Mln
Dec 28 (Reuters) – China Development Bank Financial Leasing Co Ltd: * 5 WHOLLY-OWNED SPECIAL PURPOSE COS ENTERED SHIPBUILDING CONTRACTS TO BUY 5 VESSELS FOR $231.4 MILLION Source text for Eikon: Further company coverage: Our…
China Erects Brand New Statue to Honor Trump’s Incredible Year as President
While many liberals spew the idea that President Donald Trump has diminished the United States’ standing abroad, one Chinese commercial area has taken a major step toward honoring Trump’s memorable first year in office. (…
Hong Kong and mainland stocks advance as property developers and liquor distillers lead rally
as property developers gained on optimism about strong sales while Kweichow Moutai raised the price of its fiery liquor. Hong Kong’s benchmark Hang Seng Index advanced 0.9 per cent, or 266.05 points, to 29,863.71 at…
China’s leaders fret over debts lurking in shadow banking system
The Chang’an Trust product was one of countless so-called wealth management products sold to investors to help raise money for a massive wave of lending in China that began in the aftermath of the 2008…
Gridsum to Attend Morgan Stanley’s China Technology, Media & Telecoms Conference in Beijing from January 8 – 10, 2018
BEIJING, Dec. 28, 2017 — Gridsum Holding Inc. (“Gridsum” or the “Company”) (NASDAQ: GSUM), a leading provider of cloud-based big-data analytics and artificial intelligence (“AI”) solutions in China, today announced that the Company will ……
China to ‘standardize’ market access for foreign lenders: regulator
BEIJING (Reuters) – China’s banking regulator has issued draft measures for amending its licensing and oversight of some foreign-funded bank activities, a move it says is aimed at promoting investment in the country’s fast-growing financial…
China to ‘standardise’ market access for foreign lenders – regulator
BEIJING (Reuters) – China’s banking regulator has issued draft measures for amending its licensing and oversight of some foreign-funded bank activities, a move it says is aimed at promoting investment in the country’s fast-growing financial…
Beijing’s top office on Hong Kong affairs says city ‘must implement’ controversial joint checkpoint for high-speed rail
China’s State Council-level institution overseeing Hong Kong affairs on Wednesday said the city “must implement” a controversial joint checkpoint for the cross-border rail link under construction as Beijing had formally approved the plan, even as…
Beijing Complicates Washington’s Afghan Strategy
After a meeting in Beijing on Tuesday of the China-Afghanistan-Pakistan Dialogue, a newly created trilateral format, Chinese Foreign Minister Wang Yi made a major announcement that Beijing and Islamabad will look at extending the US$57…