Some buyers are so edgy about the Hong Kong property market that they are pulling out of deals ... A gloomy outlook appears to be settling in as banks raise mortgage rates, the US-China trade war brin... ( read original story ...)
China Home Prices Jump 1.2% as Clampdown Pushes Buyers to Smaller Cities
Average prices for new homes in China rose 1.2 percent in July, defying government efforts to ensure housing affordability and to clamp down on property speculation. It was the largest month-over-mont... ( read original story ...)
China orders bad-loan managers to help failing P2P lenders
China’s banking regulator has instructed the country’s four state-owned bad loan managers to deal with failing peer-to-peer lending platforms, a sign of Beijing’s concern about possible financial and ... ( read original story ...)
BRIEF-China Unicom Hong Kong Says Zhu Kebing Appointed Executive Director
Aug 17 (Reuters) - China Unicom Hong Kong Ltd: * ZHU KEBING HAS BEEN APPOINTED AS EXECUTIVE DIRECTOR * LI GUOHUA, HAS BEEN APPOINTED AS EXECUTIVE DIRECTOR AND PRESIDENT Source text for Eikon: Further ... ( read original story ...)
Tim Hortons’ China menu to offer congee, matcha along with the double double
Despite some of the adjustments the brand will have to make, food industry expert Robert Carter thinks the expansion makes sense because China’s growing middle class is willing to spend their increase... ( read original story ...)
China tariffs could raise consumers’ tech bill $3.2 billion higher in 2019, trade group says
Additional tariffs being considered on imports from China could cause consumers to pay between $ ... according to a new study published Friday by the Consumer Technology Association. Last month, Presi... ( read original story ...)
China orders bad debt managers to help failing P2P lenders
China’s banking regulator has instructed the country’s four state-owned bad loan managers to deal with failing peer-to-peer lending platforms, a sign of Beijing’s concern about possible financial and ... ( read original story ...)
DealBook Briefing: Tencent, and the Markets, Are Hurting. Blame Beijing.
Tencent, one of China’s most powerful tech giants, reported its first profit decline in a decade, and its shares fell as much as 5 percent. About $180 billion has vanished from its market value since ... ( read original story ...)
This is how China controls its currency
Another reason is stability. China escaped the worst of the Asian Financial Crisis in the late 1990s, which battered the currencies of nearby countries, because it was largely shut off to foreign inve... ( read original story ...)
China wants to build robots to overtake its rivals — but it’s not there yet
China's affinity for robots has created a booming industry, but its companies aren't overtaking their global competitors, a senior partner at consulting firm McKinsey & Company told CNBC. A decade ago ... ( read original story ...)