Finance Secretary Carlos Dominguez made the comments in Beijing on Wednesday after meeting Chinese officials to discuss President Rodrigo Duterte’s “Build, Build, Build” infrastructure programme aimed … ( read original story …)
FINANCE
Beijing to finance tax cuts
Hang Seng Index surged 1.37 percent to 29,409 points yesterday and hit a nine-month high and A shares also soared. CSI 300 and SSE Composite Index also increased 2.85 percent to 3,851 points and 2.47…
Pakistan to receive loan worth $2.1bn from China by Monday: finance ministry
At the time, it was the first official confirmation by a Chinese official that Beijing had planned to extend a financial package to Islamabad. The terms of the package, however, had remained elusive … (…
Daimler taps Goldman to raise China BAIC shareholdingsources
HONG KONG (Reuters) – Daimler has asked Goldman Sachs to help it explore increasing its stake in Chinese carmaker BAIC Motor Corp, its main China joint venture partner, two people with knowledge of … (…
China’s Breakneck Stock Rally Is About to Slow, Say Analysts
Non-bank financial and telecom stocks in China and Hong Kong markets liked by most survey participants in 2QDefensive sectors such as consumer stocks may underperform in 2Q on the mainland, while … ( read original…
Beijing bank to set up first foreign-controlled bank JV
A branch of the Bank of Beijing is seen on Sept 9, 2018. [Photo/VCG] The opening-up of China’s financial sector is seeing another landmark event as Bank of Beijing, one of the largest city commercial…
Exclusive: U.S. threatens to derail meeting of Latam lender if China bars Venezuela
WASHINGTON (Reuters) – The United States on Thursday threatened to pull out of the annual meeting of the Inter-American Development Bank in China next week if Beijing refuses to allow a … ( read original…
Japan firms see prolonged Sino-U.S. trade war, China slowdown to persist: Reuters poll
Corporate fears of damage from the trade war and China’s slowdown are feeding growing expectations that the Bank of Japan will maintain its massive stimulus for some time. Those who want the … ( read…
China chemical plant blast kills 44, injures hundreds more
BEIJING — A massive explosion at a chemical plant in eastern China with a long record of safety violations has killed at least 44 people and injured hundreds of others, 90 of them seriously. ……
Asian stocks mixed on doubts over US-China trade deal
SINGAPORE — Asian markets were mixed on Friday as caution set in ahead of U.S.-China trade talks in Beijing next week. The Shanghai Composite index was 0.1 per cent lower at 3,097.81 while the Kospi…
China urges subsidies to help disease-hit pig farms restock
FINANCIAL STRAIN The steps come after ministry figures showed … said Yao Guiling, an analyst with China-America Commodity Data Analytics Co Ltd. Rabobank expects China’s hog production to fall by … ( read original story…
AETOS CEO On Doing Business in China: “Better Than the EU”
Draco Ng, elaborated to Finance Magnates on the state of the local industry and on the way which the company aims to remain relevant at a time when the industry is changing. Mr Ng thinks…
China Merchants Bank to start financial education program
Employees of China Merchants Bank are seen at a booth at a financial exhibition in Guangzhou, Guangdong province. [Photo by Liu Jiao/For China Daily] China Merchants Bank, one of the major lenders in … (…
