Chinese regulators will assume control of nine financial firms that are linked to a financier who was taken from a hotel in Hong Kong by Chinese authorities in 2017 and hasn’t been seen in public…
FINANCE
Apple doubles its retail space in Beijing
Apple has opened a store in Beijing replacing its original Chinese location with a shop that is twice the size. The front of the Apple Sanlitun store is dominated by 33-foot glass panels … (…
UPDATE 1-China seizes financial firms linked to conglomerate
Chinese regulators on Friday seized control of a group of financial institutions with connections to the same holding company, in a crackdown by authorities seeking to stem systemic financial risks in … ( read original…
China seizes financial firms linked to conglomerate
Chinese regulators on Friday seized control of a group of financial institutions with connections to the same holding company, in a crackdown by authorities seeking to stem systemic financial risks in … ( read original…
China-backed AIIB approves $100 mln loan to Vietnam bank for COVID-19 response
The Beijing-backed Asian Infrastructure Investment Bank (AIIB) said on Friday it would lend $100 million to the Vietnam Prosperity Joint Stock Commercial Bank to help the bank lend more to private … ( read original…
China-backed AIIB approves $100 million loan to Vietnam bank for COVID-19 response
The Beijing-backed Asian Infrastructure Investment Bank (AIIB) said on Friday it would lend $100 million to the Vietnam Prosperity Joint Stock Commercial Bank to help the bank lend more to private … ( read original…
‘China’s goal is to replace you’: Barr warns leaders of America’s biggest businesses
U.S. Attorney General Bill Barr delivered a blistering critique of the Chinese Government Thursday and singled out U.S. business leaders as complicit in the country’s rise. Speaking at the Gerald R. ( read original story …)
Stock futures fall as China data weighs ahead of bank earnings, economic data
U.S. stock index futures fell on Thursday after a surprise drop in China’s retail sales signaled a bumpy economic recovery, with investors now turning to the next set of quarterly bank earnings and … (…
China’s economy rebounds after steep slump, weak demand, U.S. tensions raise risks
China’s economy returned to growth in the second quarter after a deep slump at the start of the year, but unexpected weakness in domestic consumption underscored the need for more policy support to … (…
How China Became the First Major Economy to Grow After Coronavirus
The Chinese economy expanded 3.2% from a year earlier in the second quarter, and could be the only major global economy to grow in 2020. WSJ’s Jonathan Cheng explains the country’s strategy to … (…
China’s non-financial ODI down 0.7 pct in H1
BEIJING, July 16 (Xinhua) — China’s non-financial outbound direct investment (ODI) went down 0.7 percent year on year in the first half of this year, data showed Thursday. The ODI in 159 countries … (…
China’s central bank injects liquidity into market
China’s central bank continued to pump cash into the banking system via reverse repos Thursday. With no reverse repos maturing Thursday, the People’s Bank of China injected a total of 50 billion yuan … (…
European shares slip as U.S.-China tensions, poor earnings weigh
European STOXX 600 fell 0.7% by 0717 GMT after closing at a five-week high in the previous session. A batch of poor earnings reports also added to the declines, with Dutch beer maker Heineken NV…
