More than 200 guests attended an event in London on Monday to mark the 40th anniversary of the Bank of China’s London Chinatown Branch. “After 40 years of intensive cultivation in the British market a……
FINANCE
Analysis: China plays hardball with ex-diplomat’s seizure
Kovrig’s detention “is a kind of declaration to the Canadian government,” said Zeng Yuan, a university student in finance. “China cannot sit and await its fate, and let them make ambiguous accusations … ( read…
China’s Anbang steps up disposals with $2.4bn bank stake sale
Anbang Insurance has sold its 35 per cent stake in a Chinese bank, the latest asset disposal by the conglomerate whose global shopping spree shook the world of private equity before its chairman was j……
Analysts warn China financial situation remains weak despite rise in bank lending
China’s financial conditions did not fundamentally improve in November even though banks greatly expanded their lending at the request of the government, analysts said. The People’s Bank of China cont… ( read original story …)
Congress grills Google CEO on bias, privacy, China
WASHINGTON — Questions on privacy, data collection, China, Russia –and especially political bias — dominated Google CEO Sundar Pichai’s grilling before Congress Tuesday. House Majority … ( read original story …)
iPhone ban in China: Apple Stores defy court order to continue selling iPhone
China is a crucial market for Apple, but is has been overtaken by Chinese competitors in recent years. According to a 2018 financial report, China, Hong Kong and Taiwan were together Apple’s third lar… (…
China must calibrate overseas lending towards Paris climate goals
All views expressed are those of the author(s) and should not be taken as reflecting the views of the Financial Times. China should lead by example and commit to calibrating its overseas financing to ……
The Latest: Google CEO says no plans ‘right now’ for China
Google CEO Sundar Pichai is reiterating the company’s position that it has no plans “right now” to launch a censored search engine in China. That, of course, leaves the option open to launch … (…
GoPro shifts production out of China to avoid tariff threat
“Today’s geopolitical business environment requires agility, and we’re proactively addressing tariff concerns by moving most of our US-bound camera production out of China,” said Brian McGee, GoPro’s … ( read original story …)
China Nov total social financing rises to 1.52 trln yuan
The People’s Bank of China has revised the way it calculates TSF by adding financial institutions’ asset-backed securities and loan write-offs. It has also added local government special bonds issuanc… ( read original story …)
China Shanghu Builds Itself into an International Health Demonstration Zone
CHANGSHU, China — On October 25, 2018, the 13th Meeting of the Conference of the Contracting Parties to the Ramsar Convention on Wetlands declared that Changshu was put on the list of the first ……
China consults on rules for financial holding companies: sources
BEIJING (Reuters) – China’s central bank has started seeking internal feedback on draft rules regulating financial holding companies, targeting big-name conglomerates that hold multiple financial lice… ( read original story …)
China’s Financial Virus
Why does U.S financial expert Jim Rickards care about China? This is a question I get asked a lot. So what if the People’s Republic has racked up $38 trillion in debt in the last…
