China’s push to reduce carbon emissions is providing a tailwind for steel producers worldwide as it limits output from the country and pushes down the cost of key ingredient iron ore, according to …
FINANCE
Beijing has a new legal architecture for sweeping control over user data
Beijing wants to govern data as a key national asset within its borders, while trying to further unlock data’s potential.
China banking and insurance regulator fines PICC Property & Casualty
China’s banking and insurance regulator on Monday said it was fining PICC Property and Casualty Co Ltd due to a violation of the insurance law.The non-life insurer was fined 500,000 yuan (US$77,000), …
China to continue crackdown on cryptocurrency speculation
China will continually crack down on illegal fundraising and speculative trading related to cryptocurrencies, according to an official from the People’s Bank of China, the central bank.
China Game Stocks in U.S. Fall on Beijing’s Latest Crackdown
Chinese gaming stocks listed in the U.S. are under pressure once again after regulators in Beijing cut back the amount of time children can play online each week to just three hours.American …
Inside the Huarong Bailout That Rocked China’s Financial Elite
The numbers circulating through official Beijing were even worse than feared.This was looking like one of the biggest single money-losers in modern Chinese history. But who, if anyone, would be …
What is China Doing to Its Stock Market and Why? A Hypothesis
The US stock market is thriving while China’s stock market deteriorates. China could intervene to limit stock market losses, but it is not. Is China purposely losing a battle in order to win a war?
China’s Electric Two-wheeler Growth Opportunities
China’s two-wheeler market is highly mature, comprising domestic production, domestic sales, and import and export activities. China is also a major producer of two-wheelers in the world.New York, Aug …
China’s lottery sales rise in July
China’s lottery ticket sales totalled 36.25 billion yuan (about 5.6 billion U.S. dollars) in July, an increase of 96 million yuan from the same period last year, data from the Ministry of Finance …
China Construction Bank says net interest margin to narrow in H2 2021
BEIJING, Aug 30 (Reuters) – China Construction Bank (601939.SS), country’s second-largest lender by assets, said its net interest margin will be narrower in the second half of 2021. The margin, a key …
Bank of China H1 profit rises 12per cent, biggest first half jump since 2013
Bank of China Ltd (BoC), the country’s fourth-largest lender by assets, posted a 11.8per cent increase in first-half net profit on Monday, the biggest jump since 2013 as business activity recovered …
Industrial Bank records 23.08% rise in net profits for H1
Industrial Bank Co Ltd, one of the first batch of joint-stock commercial banks on the Chinese mainland, saw its net profits up 23.08 percent year-on-year in the first half of 2021. Its net profits …
Bank of China H1 profit rises 12%, biggest first half jump since 2013
Bank of China Ltd (BoC) (601988.SS), the country’s fourth-largest lender by assets, posted a 11.8% increase in first-half net profit on Monday, the biggest jump since 2013 as business activity …
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