China uses them, they need them, and that would be a really good faith signal that they are interested in really trying to resolve the severe trade deficit,” Mr Perdue said. Some US farmers are…
FINANCE
Ex-Swedish ambassador to China denies breaching national security
deputy chief public prosecutor Hans Ihrman told the Financial Times. The investigation centres on claims by the daughter of Hong Kong bookseller Gui Minhai — a Swedish citizen detained in China — that … (…
Race is on for tech companies like Grab, Ant Financial to gain an edge in SE Asia’s financial services market
Alibaba’s financial affiliate, which has over the last decade become one of China’s leading providers of mobile payments as well as financial services, such as its money market fund Yu’e Bao and … ( read…
China’s Geely Auto promises more models to support sales in uncertain domestic market
BEIJING (Reuters) – China’s Geely Automobile Holdings said on Thursday that it will invest more in new energy vehicles and higher-end models after forecasting flat sales in 2019 due to uncertainty … ( read original…
China State Fund Joins Shift From Coal Power Investments
“China will continue to be a main coal consumer … “Chinese banks will also continue to finance coal-fired power, even though it may be at a smaller scale.” ‘Globally Significant … ( read original story…
China slowdown and European populism unnerve luxury watchmakers
but of course it could also be in other cities,” he tells the Financial Times. The bigger question for watchmakers is whether the fortunes of their largest consumer markets are also likely to change. ……
SPECIAL REPORT: Trump’s trade war puts China’s once vaunted economy in real peril
BEIJING — Since the 2009 global financial crisis hobbled most of the world’s developed countries, China has been the economic locomotive pulling the rest of the world behind it. As the economies of … (…
Shanghai in No.5 spot among financial hubs
(Photo: People’s Daily Online) Shanghai retained the No.5 position but saw its score move closer to those of global hubs including New York and London, according to the 25th edition of the Global … (…
China’s acoustic cannon
Mr. Wong said the sonic weapons are made by private companies specializing in police equipment and that, while the cause of the diplomats’ injuries has not been confirmed, China would have … ( read original…
China’s banks must disclose financial stability data
Caixin reported that China’s banking regulator issued new rules requiring the disclosure of bank’s net stable funding ratio in order to comply with Basel III. The new rules also set stricter … ( read original…
Trump says trade deal ‘coming along nicely’ with China
The eight-month trade war between the world’s two largest economies has raised costs, roiled financial markets … top U.S. negotiators were going to China this weekend “to further the … ( read original story …)
South Korean Banks Grow Little in China in 2018
… in China have initiated full-scale risk management processes with South Korean companies in China scaling down their business in the country. The Financial Supervisory Service announced on March … ( read original story …)
HK residents can open mainland banking accounts in HK
as a new service was launched by Bank of China (Hong Kong) (BOCHK) on Wednesday. As the development of the Guangdong-Hong Kong-Macao Greater Bay Area moves forward, regulatory approval has been … ( read original…