... it had reached an all-cash deal with China's Humanwell Healthcare Group Co Ltd and CITIC Capital China Partners for its condoms business. Humanwell declined to comment on its strategy for the Chinese and other markets. CITIC couldn't be immediately ... ( read original story ...)
Business, Beijing style: China ready for deal-making with Trump
While Donald Trump is denigrated in much of the West, the Chinese leadership has taken a distinctly different outlook: it now sees Trump as a transactional, deal-making pragmatist with whom it can do business. The Chinese media is restrained about ... ( read original story ...)
Trump just checked Beijing in the South China Sea for the first time — and it’s a risky bet
CSIS/AMTI/DigitalGlobe/Amanda Macias/Business Insider But when a country makes excessive, unlawful maritime claims, as an international court ruled China has done in the South China Sea, the US sends a Navy ship, usually a destroyer, to sail within 12 ... ( read original story ...)
China Moves to Stabilize Currency, Despite Promise to Loosen Control
HONG KONG — China has made a big show of gradually loosening its grip on the value of its currency, an effort meant to mollify critics like President Trump and experts who have long urged Beijing to let markets fix financial problems in the world’s ... ( read original story ...)
Chinese regulator greenlights seven IPOs
BEIJING, May 27 (Xinhua) -- The China Securities Regulatory Commission (CSRC) has newly approved IPO applications of seven companies, fewer than the 10 applications approved last week. The seven companies will raise no more than 2.3 billion yuan (about 335 ... ( read original story ...)
China securities regulator moves to reduce volatility with new rules
The China Securities Regulatory Commission (CSRC) also appears to have slowed the pace of approval for initial public offerings (IPOs), amid worries that a flood of new listings are sucking up liquidity. CSRC spokesman Deng Ge told a press conference that ... ( read original story ...)
China’s reforms not enough to arrest rising debt, another downgrade possible: Moody’s
The comments came days after Moody's Investors Service downgraded China's sovereign ratings on Wednesday by one notch to A1, saying it expects the financial strength of the world's second-largest economy will erode in coming years as growth slows and debt ... ( read original story ...)
China’s giant funds industry eyes Dublin as European HQ after Brexit
China’s gigantic $7 trillion funds industry is said to be looking at Dublin as a potential European base in the wake of Brexit. A high-powered delegation of Chinese fund managers was in Dublin yesterday to scope out the potential for doing business here. ( read original story ...)
China’s reforms not enough to arrest mounting debt
Beijing - China's structural reforms will slow the pace of its debt build-up but will not be enough to arrest it, and another credit rating cut for the country is possible down the road unless it gets its ballooning credit in check, officials at Moody's said. ( read original story ...)
China risks another downgrade if debt bubble not fixed, says Moody’s
China’s structural reforms will not be enough to arrest its rising debt and another credit rating downgrade for the country is possible unless it gets its ballooning borrowing in check, two officials at Moody’s ratings agency have said. Doubling down ... ( read original story ...)